Business News

Nations Trust Bank PLC ends 2024 with Strong Performance Achieving 24 ROE

Businesscafe - Nations Trust Bank PLC reported strong financial results for the twelve months ending 31st December 2024, achieving a Profit After Tax (PAT) of LKR 17 Bn, up 46% YoY.

NDB Talking Calendar Wins Silver at the Effie Awards 2024

Businesscafe - NDB Bank is proud to announce its triumph at the Effie Awards 2024, securing a prestigious Silver Award in the ‘Brand Experience’ category for its groundbreaking interactive AI Calendar.

Lanka Communication Services joins forces with Connex Information Technologies to advance Sri Lankas cyber security landscape

Businesscafe - Lanka Communication Services Pvt Ltd partnered Connex Information Technologies Pvt Ltd via a Memorandum of Understanding (MoU), to officially introduce the SonicWall Managed Services Provider (MSP) in Sri Lanka.

TFO Welisara Opens with a Dazzling Celebration

Businesscafe - The Factory Outlet, popularly known as TFO, took to the stage to offer a unique shopping experience for all its shoppers in Welisara with a dazzling grand opening!

Empowering the Next Generation A Partnership Between AuroraRCM and NSBM Drives Innovation Career Transformation

Businesscafe - AuroraRCM, an AI - enabled Financial Technology company in the healthcare space, has entered into a partnership with NSBM Green University, one of Sri Lanka’s biggest institutions for higher education, setting the stage for an ambitious vision of developing the next generation of healthcare technology professionals in the country.

American Polymers wins Gold at National and International Quality Conventions

Businesscafe - American Polymers Pvt Ltd. has secured two Gold Awards at two prestigious national and international quality conventions in 2024.

Business World International Conference BWIO Award Ceremony 2025 in April

Businesscafe - The Annual Business World Conference and BWIO Award Ceremony 2025 is set to take place on 5 April, 2025, at Mount Lavinia Hotel, starting from 5 p.m. onwards.

Westbury Residencies nears completion Luxury living in the heart of Colombo

Businesscafe - Westbury Residencies, a premier residential development on Campbell Avenue (Siri Damma Mawatha), is approaching completion, with 90% of construction finalized and only residual work / minor finishing touches remaining.

Dearo Investment partners with Ceylinco General Insurance to enhance customer benefits

Businesscafe - Dearo Investment Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Ceylinco General Insurance to provide an insurance scheme for its customers.

ComBank posts stellar results in 2024 after absorbing a SLISB restructure loss of Rs 45 bn

Businesscafe - The Commercial Bank of Ceylon Group, comprising of Sri Lanka’s largest private sector bank, its subsidiaries and an associate, in a filing of its annual financial statements with the Colombo Stock Exchange (CSE) has reported an exceptionally strong financial performance in 2024.