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Last Updated = Fri, Oct 31, 2014, 01:49 pm SL Time

* Etisalat joins Mobitel mCash

Oct 31 (DM) Etisalat Lanka recently signed up with mCash, Mobitel’s mobile money platform, signifying the addition of the second m-Commerce platform to its portfolio of mobile transaction services this year.
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* MMBL Leisure to invest Rs 1 b on Delft hotel

Oct 31 (DN) MMBL Leisure Holdings (Pvt) Ltd. is set to invest Rs. one billion on a hotel in the Delft Islands under the Board of Investment (BOI). The hotel project is placed under the strategic development plan of the BOI’s tourism and infrastructure expansion around the country.
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* Local Indian businessmen encouraged to venture in Sri Lanka

Oct 31 (Star) He said MICCI invited Sri Lanka High Commissioner to Malaysia Ibrahim Ansar to a dialogue session at Ramada Plaza on Monday to cement the relationship of the local business community and entrepreneurs.
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* Amăna Bank tie up with Singer to offer Easy Payment Plan

Oct 30 (DM) Sri Lanka’s non-interest based banking pioneer Amăna Bank has tied up with consumer electronics giant Singer to facilitate convenient purchasing through its Easy Payment Plan.
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* Haycarb posts turnover of Rs. 5.2 b, Rs. 304 m PAT in 1H 14/15

Oct 30 (DN) Haycarb reported a turnover of Rs. 5.2 billion and profit before tax of Rs. 362 million for six months ending September 30, 2014. The profit after tax stood at Rs. 304 million.
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* UltraTech Cement supports construction industry

Oct 31 (Island) UltraTech Cement Lanka took initiative to develop and facilitate the flow of information in the construction industry throughcollaborative technical meetings recently.
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* Sri Lanka Janashakthi Limited to issue debenture

Oct 31 (LBO) Sri Lanka, Janashakthi limited is to offer 5,000,000 rated senior unsecured redeemable debentures at a rate of 100 rupees per share, the company said in an announcement of Colombo Stock Exchange.
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* Australia's Wellard Group secures contract to supply 22,500 dairy cows to Sri Lanka

Oct 30 (CP) Colombo- Australian livestock exporter Wellard Group has secured two contracts worth almost $ 100 million from Sri Lanka to supply 22,500 dairy cattle to the Sri Lankan Department of Economic Development (SLDED).
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* Conglomerates power up SMEs: JKH director

Oct 30 (Island) ‘For SMEs to advance, conglomerates need to flourish because the prospering of conglomerates is advantageous for SMEs, Ronnie Peiris, Group Finance Director, John Keells Holdings said on Tuesday.
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* Sri Lanka Planters’ Association says sustainability of tea industry in the hands of workers

Oct 30 (LBO) Sri Lanka planter association estimates increase of two kilograms in the daily plucking average of tea of each worker can bring down unit cost of production by 30 rupees or 6.5 percent.
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