Airing Deal

January 22, 2009 (LBO) — Nimbus Sports International on Wednesday said it bagged the worldwide rights to broadcast India’s upcoming cricket tour of Sri Lanka. Nimbus bags rights for Sri Lanka Cricket India last toured Sri Lanka in July-August last year, losing the Tests 2-1 before winning the one day series 3-2. Sri Lanka Cricket, […]

Peak Performance

Jan 14, 2009 (LBO) – Condom use has peaked in Sri Lanka but sales of oral birth control methods such as emergency contraceptives are rising, the island’s top marketer of family planning services said.The Family Planning Association of Sri Lanka, a non-profit entity, has launched a new anesthetized condom, which can give new life to […]

Fiery Baptism

Jan 10, 2009 (LBO) – A former chief executive of Sri Lanka’s Shell gas unit who has turned around Malaysian Airlines has termed his experience in the island as a ‘baptism of fire’. In December 2005 Idris Jala took over state-run Malaysian Airlines, in a year the firm lost 1.3 billion Malysian ringgit. In two […]

Migrant Risks

Dec 19, 2008 (LBO) – Sri Lanka’s foreign ministry has warned housemaids seeking employment in Singapore to be wary of abuse and to use official channels when securing employment.It said in a statement its mission in Singapore has got several complaints from Sri Lankan housemaids employed in Singapore relating mainly to the payment of wages […]

State Conduit

Dec 19, 2008 (LBO) – The multi-billion rupee advertising business of the Sri Lanka government and semi-government institutions would channeled through a singe state-run entity in the future, a senior minister said. At present the government intuitions deal with various private agencies who buy time and space in electronic and print media. Information minister Anura […]

Trial Balance

Dec 16, 2008 (LBO) – The Sri Lanka unit of UK-based Chartered Institute of Management Accountants (CIMA) said its local branch will not be shut and services to students and members would continue, following the suspension of its local council. “The branch will not be closed,” the Colombo unit said in a statement. “The only […]

Governance Issue

Dec 13, 2008 (LBO) – The Sri Lanka divisional council of the Chartered Institute of Management Accountants (CIMA) has been suspended over a governance failure, its parent body in the United Kingdom said. CIMA said its operations and services to members in Sri Lanka would continue as usual and it would take action to build […]

Health Focus

Dec 07, 2008 (LBO) – Sri Lanka’s Hemas group has officially opened a new 1.5 billion rupee hospital in Wattala, north of the capital Colombo, saying the move marks its entry into the healthcare service industry. The 100-bed Hemas Hospital was built in collaboration with the Columbia Asia Hospital Chain, a hospital operator in Asia, […]

Bunker Compensation

Dec 03, 2008 (LBO) – Sri Lanka’s John Keells Holdings group said that the Supreme Court had ruled that former employees of its bunker fuel unit be paid 153 million rupees it had kept as a deposit for compensation.To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 JKH […]

Health Growth

Nov 05, 2008 (LBO) – Sri Lanka™s Nawaloka Hospital’s new eight floor complex developed at a cost of 1.5 billion rupees would increase the hospital’s capacity by 85 rooms to 405 with competition in the sector ratcheting up, officials said. The expansion would widen the total floor area of Nawaloka by 80,000 to 300,000 square […]

Scary Food

Nov 02, 2008 (LBO) – Sri Lanka’s health ministry has released a list products whose import and sale were banned because of fears of contamination by the harmful chemical melamine.The ministry of health care and nutrition officials said they are advising consumers not to consume food items which have tested positive for melamine internationality. These […]

Water Waste

Oct 21, 2008 (LBO) – The Asian Development Bank is helping to fund a project to improve wastewater disposal in the Sri Lankan capital Colombo under which only treated effluent will be discharged into the sea. The Sri Lanka government is putting in 35 million dollars as its contribution to the project. The 135 million […]

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