Business News

Colombo Stock Exchange

Businesscafe - The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2022 March ad-hoc index rebalance due to the amalgamation of Commercial Leasing and Finance PLC with LOLC Finance PLC after which Commercial Leasing and Finance PLC would cease to exist.

HNB BCAS campus partnership to offer convenient education loans and digital banking solutions

Businesscafe - Facilitating higher education opportunities for school leavers, Sri Lanka’s premier private bank HNB PLC, partnered with the esteemed British College of Applied Studies (BCAS) Institute to offer educational loans with low interest rates to students and a range of digital banking solutions to the Institute.

Atlas Wins 3rd Consecutive SLIM School Supply Brand of the Year Award

Businesscafe - Atlas, Sri Lanka’s leading stationery brand proved its continued popularity amongst people, with consumers voting them in as the ‘School Supply Brand of the Year 2022’ for the third consecutive year at the SLIM-Kantar People’s Awards 2022.

CAL in Partnership with Heritage Partners to Advise Family Businesses

Businesscafe - CAL (Capital Alliance) Group has recently entered into a landmark agreement with Heritage Partners, a law firm specializing in advising Sri Lankan businesses across a broad spectrum of legal matters.

Perera and Sons Celebrated International Womens honouring the Dynamic Female Workforce

Businesscafe - Perera and Sons conducted a special event this year on International Women’s Day honouring the dynamic female workforce that contributes to the organization’s success.

Softening the Edge by Mimi Nicklin

Businesscafe - Softening the Edge, the bestselling book by renowned empathetic leader and CEO Mimi Nicklin, will launch in Sri Lanka in March 2022.

Charitha Perera Director Transco Cargo

Businesscafe - Sri Lanka is in the midst of an economic crisis of unprecedented proportions today.

Ceylinco Life presents hybrid sedan and 500 awards at Annual Awards ceremony

Businesscafe - The crème de la crème among Ceylinco Life’s top sales professionals were recently felicitated with accolades and an automobile at a scintillating annual awards ceremony that also commemorated the Company’s 18th consecutive year of market leadership.

DFCC Bank standsout in the new normal with its innovative management practices

Businesscafe - DFCC Bank, one of the premier commercial banks in Sri Lanka, conducted a number of value-creating activities included within a multi-pronged effort consisting of newly introduced initiatives, platforms and engagement activities towards safeguarding stakeholders and conducting better business amidst the many challenges brought about by the pandemic.

ICRA Reaffirms UB Finance SL BB Issuer Rating Revises Outlook to Positive

Businesscafe - UB Finance Co Ltd, one of Sri Lanka’s premier licensed finance companies (LFCs) and a subsidiary of Union Bank PLC, has announced that ICRA Lanka has reaffirmed its Issuer Rating of [SL]BB, while revising its outlook upwards from “Stable” to “Positive”.