Business News

Virtusa Recognized as Enterprise Innovator in HFS Horizons Healthcare Provider HCP 2024 Report

Businesscafe - Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services, has been recognized as an Enterprise Innovator by leading global research and analysis firm HFS Research in its HFS Horizons : HCP Service Providers, 2024 report.

Creative Catalyst Fellowship completes intensive residency program

Businesscafe - Good Life X recently concluded the intensive residency program of the Creative Catalyst Fellowship (CCF), funded through the United States Agency for International Development-supported Promoting Positive Information (PRO-INFO) project, by bringing together ten creatives from across Sri Lanka to collaborate, experiment, and develop creative content under the theme “Climate Positive.”

DFCC Bank Sets New Benchmark with Digital Tax Certificate Downloads

Businesscafe - Introducing yet another 1st for Sri Lanka, DFCC Bank proudly announced the launch of a new feature to its online banking platform that allows customers to download their Advance Income Tax Certificates directly.

LB Finance PLC Partners with Huawei to Revolutionize Core Banking Infrastructure

Businesscafe - LB Finance PLC, a premier non-banking financial powerhouse in Sri Lanka and Myanmar, has announced a transformative alliance with Huawei to overhaul its core banking infrastructure.

Application made to the Court of Appeal to review its judgement on affirming the conviction of a businessman over a VAT fraud by Pasindu Gunarathne

Businesscafe - An application has been filed in the Court of Appeal by businessman Kamil Kuthubdeen convicted of value-added tax (VAT) fraud, seeking to have a five-judge bench appointed to re-examine the evidence in his case before the Court of Appeal.

CEAT Kelani helps Monaragalas rubber farmers keep their children in school

Businesscafe - School-going children of a rubber farming community in Sri Lanka’s Monaragala District were the latest beneficiaries of a social responsibility initiative of CEAT Kelani Holdings, one of the biggest domestic users of the country’s natural rubber.

Hemas Holdings delivers stable FY25 Q1 performance amidst market challenges

Businesscafe - Hemas Holdings PLC announced its financial results for the first quarter ended June 30, 2024, demonstrating resilience in a challenging economic environment.

Sriyangani Dhanapala Appointed as the First Female Resort Manager at Cinnamon Bentota Beach

Businesscafe - Cinnamon Hotels & Resorts is thrilled to announce the appointment of Sriyangani Dhanapala as the first female Resort Manager of Cinnamon Bentota Beach.

Huawei Launches Apollo Version Worlds First Commercial 5.5G Version Based on Release 18

Businesscafe - During the 2024 Huawei User Group Meeting (HUGM), Sun Rui, President of Huawei Wireless Solution R&D, launched the Apollo version — the world's first commercial 5.5G version based on 3GPP Release 18.

DFCC Bank Launches Online Digital Onboarding Facility No Travel No Queues No Paperwork No Hassle

Businesscafe - A pioneer in digital banking and service delivery, DFCC Bank has rolled out its much-awaited network wide 100%-online digital customer onboarding platform.