Business News

Sherin Cader appointed Chairperson of Nations Trust Bank

Businesscafe - Nations Trust Bank PLC has announced the appointment of Ms Rozanie Sherin Cader as the Chairperson of the Board of Directors, with effect from 1st May, 2023.

 CDS signs up with Lanka IOC PLC to act as Registrar

Businesscafe - The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023.

Room to Read Sri Lanka in collaboration with CSE rings the bell for International Day of Education 2023

Businesscafe - Room to Read Sri Lanka, in collaboration with the Colombo Stock Exchange (CSE), rang the market opening bell in commemoration of the “International Day of Education 2023,” which falls on the 24th of January, themed “to invest in people, prioritize education.”

 Suwanda Industries reinforces sustainable manufacturing measures with ZeroCarbon certification

Businesscafe - Suwanda Industries, the Sri Lankan manufacturer of the world’s largest incense stick brand Cycle Pure Agarbathi, and also the value addition arm of the world’s largest exporter of incense and fragrance products, N. Ranga Rao & Sons (NRRS), has obtained the ZeroCarbon Certification from the Climate & Conservation Consortium (CCC) further enhancing its standing as a company committed to sustainable manufacturing.

 SLT MOBITEL honoured at Asian Technology Excellence Awards 2022 for innovative broadband deployment to empower rural communities

Businesscafe - Reiterating its leadership in innovative broadband deployment solutions, SLT-MOBITEL, the National ICT Solutions Provider was honoured with the prestigious ‘Technology Excellence Award for Network and Broadband – Telecommunications’ at The Asian Technology Excellence Awards 2022.

Sampath Bank adjudged as Overall 1st Runner up at Best Corporate Citizen Sustainability Awards 2022

Businesscafe - Sampath Bank PLC was adjudged the Overall 1st Runner-up and recognised once again as one of Sri Lanka’s Top Ten Corporate Citizens at the Best Corporate Citizen Sustainability Awards 2022 (BCCS Awards) organised by the Ceylon Chamber of Commerce.

CEAT first tyre producer in Sri Lanka to be IATF 16949 certified

Businesscafe - Three manufacturing plants of CEAT Kelani Holdings have been awarded IATF 16949 that verifies that their products meet exceptionally high quality standards and supply chain efficiency, making CEAT Sri Lanka the first tyre manufacturing group in the country to qualify for this prestigious international certification.

British Independent Schools Demonstrate Keen Interest for an International School at Port City Colombo

Businesscafe - Senior delegations from three leading British independent schools visited Colombo for discussions with the Colombo Port City Economic Commission and senior management of Port City Colombo earlier this month, pertaining to the development of an International School at the Port City Colombo.

Nippon Paint Sponsors SLIA Student Jamboree 2022

Businesscafe - Nippon Paint Lanka sponsored the 2022 Student Jamboree of the Sri Lanka Institute of Architects (SLIA) held recently in Sooriyawewa.

Commercial Bank

Businesscafe - The Commercial Bank of Ceylon has announced that it has opened an Indian Rupee denominated Nostro Account at the 116-year-old Indian Bank - Mumbai, to facilitate trade transactions between Sri Lanka and India.