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Last Updated = Wed, Aug 27, 2014, 07:26 pm SL Time

* Sri Lanka Tourism's mega taxi advertising campaign in Germany draws high response

Aug 27 (CP) Colombo- A mega taxi advertising campaign launched in Germany early this year by the Sri Lanka Tourism Promotion Bureau has drawn heavy response from the target audience in Germany, the government news portal announced.
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* Packer plan for Sri Lanka Crown casino faces fresh delay on legal hitch - minister

Aug 27 (Reuters) COLOMBO- Australian gambling tycoon James Packer's Crown Ltd is facing months of new delays in building a planned $400 million Sri Lanka hotel and casino resort due to unspecified legal issues, a government minister said on Wednesday.
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* Sri Lanka stocks slips from 3-year high on low trade, retail profit-taking

Aug 27 (Reuters) Sri Lankan stocks slipped on Wednesday, retreating from a three-year high hit on Tuesday, led by illiquid shares in low trade, with retail profit-taking in speculative shares, brokers said.
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* Laugfs introduces EGI hybrid technology here

Aug 27 (DN) EGI Hybrid Center, a subsidiary of Laugfs Holdings Limited announced the latest EGI Hybrid Technology to the Sri Lankan automotive industry. In a bid to transform Sri Lanka’s energy consumption, EGI Hybrid brings the latest, tested, recommended and used transport fuel to local consumers.
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* Sri Lanka's surging cash reliance on China

Aug 26 (AJ) Colombo- Since ending its civil war in 2009, Sri Lanka has become increasingly financially dependent on China, receiving an estimated $4bn worth of loans, grants and aid.
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* Seylan Bank provides superior service with nine more upgraded branches

Aug 26 (Island) Seylan Bank, the Bank with a Heart recently upgraded nine of its branches on the same day. Accordingly the Manipay, Pallekele, Kaluwanchikudy, Medawachchiya, Nochchiyagama, Eppawala, Kotiyakumbura, Aralaganwila and Bowatta centres now function as fully-fledged branches.
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* Institute of Business Process Outsourcing opened

Aug 26 (DN) The National Youth Corps (NYC), together with the BPO Certification Institute (BCI) recently opened the Institute of Business Process Outsourcing (IBPO), Sri Lanka's first fully-fledged training institute for Business Process Outsourcing.
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* SME's in Japan invited to set up their manufacturing facilities in Sri Lanka

Aug 27 (CP) Colombo- Sri Lanka business leaders have extended an invitation to Japanese small and medium enterprises (SMEs) to set up their manufacturing facilities in Sri Lanka. "We wish to extend our invitation to Japan - Sri Lanka Business Co-operation Committee to consider inviting SME's in Japan to set up their manufacturing facilities in Sri Lanka
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* Sri Lanka rupee firmer on exporter dollar sales

Aug 27 (Reuters) The Sri Lankan rupee was a tad firmer today as exporter dollar sales outpaced importer demand for the greenback while dealers expect the local currency to remain steady for the rest of the year after positive comments by the central bank chief last week.
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* Asian Alliance Insurance first half PAT 339Mn

Aug 27 (Island) Asian Alliance Insurance PLC (AAI) that is part of the Softlogic Group announced profit after tax for the first half of 2014 at Rs 339Million. The impressive result comes about on the back of Life premiums growth of 21% for the period at Rs 1.4billion,
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* Sri Lanka invites Japan SME’s to set up businesses in the island

Aug 27 (LBO) Sri Lanka invites japan small and medium entrepreneurs to set up manufacturing facilities in the island to explore Indian and Pakistan markets, an official of Ceylon Chamber of Commerce said.
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* Sri Lanka bank deal sparks PE interest

Aug 26 (IFLR) TPG's acquisition of up to 75% of Union Bank of Colombo is Sri Lanka's biggest private equity deal. It also signals increasing interest in the south Asian country.
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* Etisalat kicks off ‘Game of Tunes’ Promotion

Aug 26 (DM) Etisalat Lanka recently kicked off its latest promotion ‘Game of Tunes’ launched at the Samanala Grounds, Galle to reward its loyal users of Personal Ring Back Tones (PRBT), more commonly known as Call-A-Tunes.
[Full Story]

* Sri Lanka launches Rs150mn floating market in Colombo

Aug 26 (LBO) Shopkeepers in a newly built 150 million rupee floating market are hoping for better times after leaving behind wayside boutiques in a section of Sri Lanka's capital Colombo which is being modernized.
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