Category: General Services

Nov 03, 2009 (LBO) – Sri Lanka’s Munchee biscuit brand won top place as brand of the year, while Panadol, a paracetamol product, bagged the gold for the international brand at the eighth annual Sri Lanka Institute of Marketing (SLIM) brand awards. Unlike awards which recognizes creativity, SLIM brand award organizers say they judge the […]

Oct 27, 2009 (LBO) – Ceylinco Land Exchange, a real estate firm in Sri Lanka’s troubled Ceylinco group, is striking out under a new name, while employees are negotiating to buy out the firm, officials said.The firm is now operating under the name of People’s Realty Limited. “The management is negotiating with relevant companies [to […]

Oct 22, 2009 (LBO) – Sri Lanka’s migrant workers and their remittances are unlikely to be seriously affected by the global economic slowdown, the Institute of Policy Studies said in a report. But unskilled migrant workers, especially those in the construction industry, may be affected by the slowdown in construction and service sectors in Gulf […]

LONDON, October 8, 2009 (AFP) – US and British universities dominate the top of a league table of universities worldwide published Thursday, but Asian seats of learning are moving up the global rankings. Harvard remains in top spot in the Times Higher Education (THE) league table, followed by Britain’s Cambridge University then Yale in third […]

Sept 23, 2009 (LBO) – The Red Cross movement had spent 220 million US dollars to build 30,000 houses, upgrade healthcare centres, re-build water supply and drainage facilities in villages devastated by a tsunami in 2004, officials said.“The tsunami operation has been an unparalleled challenge for the Red Cross movement in Sri Lanka,” Paul Fmes, […]

Sept 21, 2009 (LBO) – The catering unit of state-run Sri Lankan Airlines said it was expecting an upturn with more visitors coming to the island after a war with a 1.2 billion rupee net profit already under its belt in the year to March 2009. These include Emirates, Qatar, Malaysian Airlines, Royal Jordanian, Kuwait […]

Sep 20, 2009 (LBO) – Sri Lanka’s tertiary education policy should change to encourage fee-based universities of international standard to be set up, which will prevent students going abroad for degrees, a senior academic has said. Due to under-investment in tertiary education, areas for which there is a demand in the economy, such as engineering, […]

Sep 16, 2009 (LBO) – Sri Lanka’s Ceylinco Sussex College, a unit of the troubled Ceylinco Group, is to be managed by Merchant Bank of Sri Lanka (MBSL), which has taken over or is overlooking several troubled firms.More than 5,700 students are at 20 Ceylinco Sussex College branches island-wide, studying for national exams in the […]

Sept 10, 2009 (LBO) – At Sigiriya, in central Sri Lanka, a group of geophysicists are probing the ground around an ancient rock fortress with ground penetrating radar, looking for man-made structures which are 1,500 years old.The rock is surrounded by a landscaped patchwork of shallow ponds – a water garden – which is irrigated […]

Aug 19, 2009 (LBO) – Sri Lanka’s supermarket chain Cargills (Ceylon) said it plans to invest in the former northern war zone as its retail and consumer goods businesses lifted June 2009 quarter profits.The company said in a stock exchange filing that group net profit grew 36.6 percent to 162 million rupees in the June […]

Aug 16, 2009 (LBO) – Sri Lanka known as a manufacturing hub for leading international brands and a commodity producer should develop a strategy to build its own brands to earn more and cope with rising costs, a marketing expert said. According to Business Week magazine, in 2008Coco-Cola’s brand value was 66 billion dollars, while […]

Aug 13, 2009 (LBO) – Migrants are left out of current stimulus packages and HIV/AIDS programmes are under threat, according to a new United Nations study.The paper, released at the ninth International Congress on AIDS in Asia and Pacific in Bali this week, said the adverse impact of the financial crisis on health and migration […]