Business News

NDB Conducts Investor and Analysts Earnings Call on Q3 2024 Financial Results

Businesscafe - National Development Bank PLC hosted its Investor and Analysts Earnings Call on November 19, 2024, following the release of the financial results for the third quarter of the financial year ended September 30, 2024.

Sysco LABS Launches Quality Engineering Nexus Series

Businesscafe - Sysco LABS recently launched its Quality Engineering Nexus series, hosting two insightful sessions.

Ceylinco Life provides insights on IFRS 17 RBC to Nepals Life Insurance industry

Businesscafe - A delegation comprising of the Chairman of Nepal Insurance Authority and members of the Life Insurance Association of Nepal, represented by CEOs and senior management of 10 life insurance companies in Nepal, visited Ceylinco Life recently.

AIA Insurance brand continues to lead certified as Sri Lanka s Best Brand at the Brand Leadership Awards 2024

Businesscafe - AIA Insurance has once again fortified its position as a leading brand in Sri Lanka’s life insurance landscape having been certified as Sri Lanka's Best Brand at the Brand Leadership Awards 2024.

ComBank Digital soars past 1.5 million registered users in a landmark moment

Businesscafe - The Commercial Bank of Ceylon has achieved another milestone in its digital revolution, with ‘ComBank Digital’ – the Bank’s omni-channel digital banking platform – surpassing 1.5 million registered users.

Ceylinco Life Nittambuwa Green Branch Model

Businesscafe - The bustling Nittambuwa town is to be the latest location to receive a purpose-built eco-friendly branch building of Ceylinco Life, as Sri Lanka’s life insurance leader continues the greening of its operations across Sri Lanka.

CEAT develops new original equipment radial tyre for DIMOs Tata Xenon Yodha

Businesscafe - Tata Xenon Yodha single cab pick-up trucks assembled by DIMO will ride on purpose-developed CEAT light truck radial tyres manufactured in Sri Lanka, in a coming together of two performance-driven automotive brands via a significant original equipment (OE) partnership.

SLT MOBITEL Leads the Way in Sustainable Tourism with New Signage at UNESCO World Heritage Site

Businesscafe - SLT-MOBITEL has successfully installed updated signage at Horton Plains National Park, a UNESCO World Heritage Site celebrated for its pristine natural environment and unique biodiversity.

Global Fund for Coral Reefs and Oceanpick Partner to Transform Aquaculture and Support Coastal Communities in Sri Lanka

Businesscafe - The Global Fund for Coral Reefs1 (GFCR), an investment fund managed by Pegasus Capital Advisors, has announced an investment in Oceanpick, South Asia’s premier oceanic barramundi farm backed by both Best Aquaculture Practices (BAP) and Aquaculture Stewardship Council (ASC) certifications.

HNB appoints Damith Pallewatte as Managing Director CEO

Businesscafe - Sri Lanka’s one of the largest private sector banks, HNB PLC announced the official appointment of Damith Pallewatte as Managing Director/Chief Executive Officer, effective from 22nd November 2024, following on his previous appointment as Acting CEO in April this year.