General Services

Breaking Ground

May 2, 2012 (LBO) - Sri Lanka's Hemas Holdings PLC group on Wednesday broke ground for their third hospital, catering to tens of thousands of people living in …

Skyline Address

April 26, 2012 (LBO) – Overseas Realty (Ceylon) PLC, owners of Sri Lanka's iconic Twin Tower complex, has seen demand for its property grow, on the back …

Enterprise Award

Apr 26, 2012 (LBO) - HSBC bank and the British Council has launched an award scheme for young entrepreneurs in Sri Lanka targeting students in universities, …

Growth Spurt

April 25, 2012 (LBO) - Demand for office space in the Sri Lanka's capital Colombo is tipped to more than double over five years, led by information technology …

Postal Woes

Apr 15, 2012 (LBO) - Sri Lanka has seen a steep drop in the use mail in 2011, while telecom services continued to expand, increasing losses of a state-run …

Business Degree

Mar 23, 2012 (LBO) - Sri Lanka is to set up a school of business management with degree awarding status under the state-run National Institute of Business …

Retail Parley

Feb 17, 2012 (LBO) - Retail professionals from some of the world™s top department stores are due in Sri Lanka this month for a three-day conference that is …

Movie Moves

Feb 09, 2012 (LBO) - Sri Lanka could attract Vietnam's growing film industry to shoot on location, as the two countries shared many similarities, Hanoi's envoy …

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 …

Bacteria Battle

Jan 23, 2012 (LBO) - Sri Lanka has completed the first phase of a four-year project to study microbial resistance to antibiotics, which is a serious problem …

Retail Strength

Jan 23, 2012 (LBO) - Fitch Ratings Lanka has assigned Abans (Private) Limited's proposed senior unsecured debenture issue of up to 500 million rupees a …

Healthy Profile

Jan 10, 2012 (LBO) - RAM Ratings Lanka has assigned long- and short-term corporate credit ratings of A+ and P1 to Lanka Hospitals Corporation with the …

Buying Point

Dec 08, 2011 (LBO) - GroupM, which operates the media investment units of WPP, the world™s largest advertising agency group by sales, has begun operations in …

Management Skills

Nov 11, 2011 (LBO) - BRC Partnership, a consultancy based in Carrickfergus, Northern Ireland, is to provide management training and coaching for businesses in …

Price Fuss

Oct 31, 2011 (LBO) - Dairy multinational Fonterra's Sri Lanka unit has stopped supplying dairy products to the Food City supermarket chain after protests from …

Visa Scam

WASHINGTON, October 30, 2011 (AFP) - A case working its way through a federal court in California has exposed huge student visa scams by "sham" universities …

Fashion Statement

Oct 21, 2011 (LBO) - Sri Lankan fashion retailer Odel's group net profit for the six months to September 30, 2011 rose 21 percent to 122 million rupees from a …

Research Buy

Oct 08, 2011 (LBO) - UK-based WPP Plc said it had bought full control of Lanka Market Research Bureau, a market research agency in which it only had 49 percent …

Celluloid Shoot

September 30, 2011 (AFP) - Once a location of choice for directors shooting World War II classics and big 1980s adventure films, Sri Lanka is hoping to make a …

Film View

Sept 17, 2011 (LBO) - A shopping and entertainment complex that Sri Lanka's Cargills plans to build in the former northern war zone of Jaffna will have three …