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Last Updated = Sat, Oct 25, 2014, 01:16 am SL Time

* Sri Lanka's 2015 budget focused on long term development - Central Bank Governor

Oct 24 (CP) Colombo- Sri Lanka's budget for next year is prepared with the focus on long term development to strengthen the nation and is not presented targeting future elections, the Governor of Central Bank Ajith Nivard Cabraal said today.
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* Sri Lanka hires eighth lobbying firm in the US

Oct 24 (CP) Washington, DC- The government of Sri Lanka has hired its eighth lobbying firm in the United States this year to defend its global status, especially in the U.S. amid the worsening relations with the superpower.
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* Sri Lanka National Chamber conducts Budget Seminar 2015

Oct 23 (CP) Colombo- The National Chamber of Commerce of Sri Lanka will conduct a post Budget seminar on Thursday, 30 October 2014. The seminar will highlight the important aspects of the Budget 2015 the impact on economy and business arising from the new budget.
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* Colombo's top ten

Oct 24 (Easier) How much do you really know about Sri Lanka's capital city Colombo? Since 2009 – the culmination of the island's long-running civil war – Colombo has come on leaps and bounds. Where once dining and nightlife used to be confined to five-star hotels, today's Colombo is buzzing, awash with exciting independent restaurants,
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* Rajapaksa Boosts Salaries, Pensions to Woo Sri Lanka’s Voters

Oct 24 (Bloomberg) Sri Lankan President Mahinda Rajapaksa is banking on South Asia’s fastest economic growth to boost spending on pre-election handouts without halting a record improvement in public finances.
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* SriLankan’s FlySmiLes partners with Cinnamon Air

Oct 24 (DM) FlySmiLes, the national carrier’s frequent flyer programme, and Sri Lanka’s acclaimed domestic air services provider, Cinnamon Air, entered into a partnership that allows the FlySmiLes members to earn and redeem miles when flying with CinnamonAir
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* DFCC Vardhana Bank partners six banks for money transfer

Oct 24 (DN) DFCC Vardhana Bank (DVB), announced its ground-breaking Lanka Money Transfer (LMT) service effective from 15 November. This new offering is a remittance service...
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* Sri Lankan stocks up ahead of 2015 budget; block deals push turnover

Oct 23 (Reuters) - Sri Lankan stocks gained on Thursday, recovering from a six-week low in the previous session as investors bought into blue-chips and banks a day ahead of the 2015 budget announcement, while block deals helped boost the day's turnover, dealers said.
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* Huge potential for Thai investment in Sri Lanka

Oct 23 (DN) There is huge potential and tremendous opportunities for Thais to invest in Sri Lanka, which is a free and open economy with several attractive incentives, including tax holidays of up to 12 years; to create a business friendly environment for foreign investors, states the Bangkok Post Asia Focus in its October 20 issue.
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* Sri Lanka joins China-led Asian Infrastructure Investment Bank

Oct 24 (CP) Beijing- Sri Lanka as a founding member joined twenty other Asian countries Friday to sign the memorandum of understanding to establish the China-led Asian Infrastructure Investment Bank (AIIB).
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* Sri Lanka business chamber to host seminar on bilateral trade with UK on October 29

Oct 24 (CP) Colombo- The National Chamber of Commerce of Sri Lanka will hold a seminar session next week to discuss the bilateral trade between Sri Lanka and the UK. High Commissioner of UK in Colombo John Rankin will be the special guest speaker at the session on "Bilateral Trade between Sri Lanka and UK"
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* MRL Corporation starts key test work on Sri Lanka graphite

Oct 23 (CP) Colombo- MRL Corporation, an Australian mining company exploring graphite in Sri Lanka, has commenced delivering bulk graphite samples from its Aluketiya and Pandeniya high-grade graphite projects in Sri Lanka to Wuhan University of Technology in China.
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* Sri Lanka 2015 budget to cut VAT, target deficit at 4.6 pct of GDP

Oct 24 (Reuters) Sri Lanka in 2015 will trim its value added tax and reduce its budget deficit to the lowest level since 1977, President Mahinda Rajapaksa told parliament on Friday while presenting the 2015 budget.
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* Sri Lankan stocks gain for second day on banking shares

Oct 24 (Reuters) Sri Lankan stocks gained on Friday for the second straight session as investors bought banking shares, but the turnover was moderate as the market awaited cues from 2015 budget announcement.
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* Benefits of Islamic Banking for everyone, irrespective of faith: Amana CEO

Oct 24 (Island) 'Traditionally, the market perception is that Islamic Banking is only for Muslims. As an industry we need to be focussed and committed to change this perception through our actions.
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* Holcim (Lanka) wins silver as Turnaround Brand of the Year

oct 23 (RM) Holcim (Lanka), the Sri Lankan arm of the Swiss cement giant, has received the Silver Award for Turnaround Brand of the Year at the SLIM Brand Excellence Awards 2014 conducted by the Sri Lanka Institute of Marketing.
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* Motha Investments Corporation sells 35% stake in TVSAP

Oct 23 (Island) Motha Investments Corporation (Pte.) Limited exits from TVS Auto Parts (Pvt.) Limited selling their 35% stake in the company to Douglas & Sons Ltd MICL is a group company of the diversified Queens Group of Companies, headed by the third generation Dinesh Motha, the Group Managing Director.
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