Business News

Seylan Bank appoints Justice Buwaneka Aluwihare PC as an Independent Non Executive Director 

Businesscafe - Seylan Bank announced the appointment of Justice Buwaneka Aluwihare PC as an Independent Non- Executive Director to its Board with effect from 26th February 2024.

Airtel Lanka empowers retail partners with R Offer rewards scheme raffle draw

Businesscafe - Celebrating its island-wide retail partner network, Airtel Lanka successfully completed two of its popular ‘R-Offer’ raffle draw programmes between August and December 2023.

BYD Shortlisted in the Top Three for the 2024 World Car Awards

Businesscafe - At the Geneva Motor Show, the World Car Awards announced the top three finalists for 2024.

Lanka Special Steels Launches Exclusive GI Wire Product Range Poultry 300 and Premium 100 Hot Dipped Galvanized Steel Wire for International Markets

Businesscafe - Lanka Special Steels Limited, Sri Lanka’s premier and pioneering manufacturer of hot-dipped galvanized steel wire, with a rich history of over 25 years, recently announced the launch of its flagship international brands of wire, “Lanka Special Steels Ltd Poultry 300” and “Lanka Special Steels Ltd Premium 100”.

CFA Institute Research Challenge Sri Lanka 2023 24 Recognizing Excellence in Financial Analysis University of Colombo shines

Businesscafe - CFA Society Sri Lanka was pleased to announce Team A of University of Colombo as winners of the 17th edition of the annual CFA Institute Research Challenge Sri Lanka competition; a platform that nurtures the talents of aspiring financial professionals.

Seylan Bank to disburse paddy loans offered by the Department of Development Finance to support paddy purchasing

Businesscafe - Seylan Bank has been selected as one of the financial institutions entrusted with disbursing the Department of Development Finance's innovative loan scheme for paddy purchasing.

SLT MOBITEL teams up with BaseKit Platform UK to launch new web builder CubKit empowering Sri Lankan SMEs

Businesscafe - SLT-MOBITEL has announced a strategic partnership with BaseKit Platform Limited, a UK-based company specializing in intuitive web development tools, to introduce a unique website development solution empowering Sri Lankan small and medium enterprise (SMEs).

 Janashakthi Group Unveils New Corporate Office at Mireka Tower Havelock City

Businesscafe - Janashakthi Group (JXG), a rapidly emerging conglomerate proudly announces the inauguration of its new corporate office at Mireka Tower, Havelock City.

 Union Bank posts steadfast performance in FY2023

Businesscafe - The year 2023, marked a key milestone for Union Bank with CG Capital Partners Pte. Ltd., indirectly acquiring the majority shareholding through its ownership in Culture Financial Holdings Ltd. CG Capital Partners Pte. Ltd., is an affiliate company of the international powerhouse CG Corp Global (CG).

Softlogic Life recorded robust FY23 performance posting Gross Written Premium of Rs. 26.3 Bn for the period ended 31st December 2023 with an increase in top line growth of 14 versus the past year and compared to industry growth of 12

Businesscafe - Softlogic Life, recorded robust FY23 performance, posting Gross Written Premium (GWP) of Rs. 26.3 Bn for the period ended 31st December 2023, with an increase in top-line growth of 14% versus the past year and compared to industry growth of 12%.