Category: Industry
SriLankan Airlines goes for early check-in
Feb 08, 2012 (LBO) – SriLankan Airlines has called on all economy class passengers to check in an hour before scheduled time of departure in a move to ease congestion at the airport. “All SriLankan Airlines economy class check in counters will close 60 minutes before scheduled time of departure from February 01, 2012,” a […]
Sea Transfers
Feb 07, 2012 (LBO) – Global ship agency and offshore marine service provider GAC has set up a supply base in Galle to support ship-to-ship (STS) services, a statement said. The new service complements existing services such as ship agency, bunker supplies and the ship supply service. GAC Sri Lanka uses a fleet of ten […]
Sri Lanka Hayleys Knitting Mills loss narrows
Feb 06, 2012 (LBO) – Sri Lanka’s Hayleys MGT Knitting Mills (HMGT) managed to reduce losses in the December 2011 quarter from a year ago but sales also fell, interim accounts showed. Hayleys MGT Knitting Mills made a loss of 515 million rupees for the nine months ending December 2011, down nine percent from the […]
Health Profits
Feb 06, 2012 (LBO) – Sri Lanka’s Asiri Hospital Holdings said net profits in the December 2011 quarter rose 51 percent to 117 million rupees from a year earlier, as revenues grew 36 percent to 1. 67 billion rupees. The firm has earnings of 13 cents per share for the quarter. It is reporting earnings […]
Sri Lanka Jetwing in US$6mn hotel in Jaffna: report
Feb 05, 2012 (LBO) – Sri Lanka’s Jetwing hotel group has started building a 700 million rupee (6. 1 million US dollars) hotel in the northern city of Jaffna which was cut off from the rest of the island for many years due to a three decade war. The 76-room, 14-storey hotel will built with […]
Sri Lanka Textured Jersey December quarter net down 29-pct
Feb 03, 2012 (LBO) – Sri Lanka’s Textured Jersey Lanka, a unit of Brandix, an apparel export group, said net profit fell 29 percent in the December 2011 quarter from a year ago. Net profit in the nine months ending December 31, 2011 fell 11 percent to 409 million rupees from a year ago. Sales […]
Sri Lanka Keells Hotels net up 39-pct in December
Feb 03, 2012 (LBO) – Keells Hotels Plc, the leisure unit of Sri Lanka’s John Keells Holdings group said net profits in the December 2011 quarter rose 39 percent to 285 million rupees from a year earlier. The firm reported earnings of 20 cents per share. For the nine months to December the firm said […]
Express Fitness
Feb 02, 2012 (LBO) – A large number of vehicles breaking down on Sri Lanka’s first expressway may require motorists to get roadworthiness certificates to use the road, as traffic picked up steadily, an official said. From about 4,000 vehicles a day in December, usage has now increased to 7,200 by end January. Sri Lanka’s […]
Trade Links
Feb 02, 2012 (LBO) – Sri Lanka’s southern expressway linking the capital Colombo with the south is to be extended to link the eastern port town of Trincomalee, Sri Lanka Ports Authority chairman Priyath Wickrama said. The move is part of a plan to improve the transport infrastructure to give manufacturers fast connectivity, he told […]
Sri Lanka tourist road signs boosted with USAID
Sri Lanka’s Road Development Authority has developed roadside signs to help guide tourists with support from the US Agency of International Development which are likely to come up first in the Eastern Province. “Tourism roadside signage plays a key role in making Sri Lanka a visitor-friendly destination,” USAID said. “Effective road signage may draw visitors […]
SriLankan Airlines hires more cadet pilots
Feb 01, 2012 (LBO) – SriLankan Airlines’ latest batch of cadet pilots were awarded their ‘wings’ when they passed out as Junior First Officers recently at the international airport in Katunayake. “With plans for expanding the fleet size to 30 aircraft by 2015, more recruitment will be initiated to meet growing demand with SriLankan gearing […]
Sri Lanka targets Chinese tourists
Feb 01, 2012 (LBO) – Sri Lanka is targeting 25,000 tourists from China in 2012 with expectations that arrivals will rise to 300,000 in 2016 making it the second largest source of foreign tourists to the country, an official said. When he was 11 year old he had been captured by the imperial Chinese Navy, […]