Business News

Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of Digital Mobility Solutions Lanka Limited, through an offer for sale of 43,474,179 ordinary voting shares at a price of Rs. 36 per share, opened today (13th September 2024) and was oversubscribed on the initial day itself.

CEAT Kelani Holdings rated AA by Fitch for 4th successive year

Businesscafe - Sri Lanka’s leading tyre manufacturer CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Outlook Stable’ by Fitch Ratings for a fourth consecutive year, a rating Fitch said is supported by CEAT’s sustained leadership in the domestic pneumatic tyre manufacturing industry and the resilience of its financial profile.

E.B. Creasy Solar Debuts Premier SUNGROW Solar Inverter for Sustainable Energy in Sri Lanka

Businesscafe - E.B. Creasy Solar, the Renewable Energy Arm of E.B. Creasy & Co., PLC, has entered a strategic partnership with SUNGROW, a global leader in the solar energy industry.

Indian Affairs Biryani How Did We Turn Backlash into Success

Businesscafe - At Indian Affair, our Biryani has always been more than just a dish—it’s a heartfelt connection between India and Sri Lanka.

Jungle Kitchen with roots in SL recognized by Singapore Council of Women s Organisations

Businesscafe - Singapore-based Jungle Kitchen, which operates a women-led facility in Sri Lanka, was recognized as an advocate for the 2024 Summit for Action on Gender Equality (SAGE 2024) by the Singapore Council of Women's Organisations (SCWO).

TEA s 25th Annual General Meeting Celebrates Commitment to Sri Lanka s Tea Industry

Businesscafe - The Tea Exporters Association (TEA) held its 25th Annual General Meeting (AGM) on the 6th of September 2024, at the Grand Marquee, Taj Samudra, Colombo.

Samsung Sri Lanka unveils the Galaxy A06 Affordable innovation with premium features

Businesscafe - Samsung Sri Lanka, the nation’s leading name in consumer electronics and mobile technology, proudly announces the launch of the Galaxy A06, a new entrant in the celebrated Galaxy A series.

Samagi Sevana a Welcome Home for Cancer Patients in Need

Businesscafe - Samagi Sevana stands as a beacon of hope and compassion for cancer patients undergoing treatment at the Apeksha Hospital.

SLIIT MSc Architecture offers an ideal platform for leadership roles in the global architectural education

Businesscafe - SLIIT’s MSc Architecture program, conducted by the SLIIT School of Architecture offers a cutting-edge postgraduate degree designed to prepare students for leadership roles in the global architectural landscape.

SPARK 2024 Competition finale crowns the best Young Entrepreneurs of Tomorrow

Businesscafe - The highly anticipated grand finale of the 2024 edition of the SPARK Skilled Youth Entrepreneurship Competition was celebrated on the 5th of September.