Business News

JAT Posts Stellar Q2 Doubles PBT and Commences Manufacturing in Bangladesh

Businesscafe - Going from strength to strength, Sri Lanka’s market leader in wood coatings and multinational conglomerate, JAT Holdings PLC has posted exceptional financial performance for Q2 of FY 2022/23.

Island Climate Initiative USAID launch Island Plastic Challenge to help consumer goods companies address plastic waste

Businesscafe - In support of the Ministry of Environment's policy on plastic waste reduction, the United States Agency for International Development’s (USAID) partner, Island Climate Initiative (ICI) under USAID’s global Clean Cities Blue Ocean Program, is calling on innovators around the world to design solutions to help Sri Lanka’s leading consumer goods companies reduce their plastic footprint.

ComBank launches maturity based foreign currency investment plan

Businesscafe - The Commercial Bank of Ceylon has announced the launch of a unique investment plan that enables Sri Lankans earning foreign currency to save fixed monthly amounts and enjoy attractive interest rates to build savings of US$ 10,000 upwards or the equivalent in three other currencies, in a relatively short period.

UB Finance rings in the season with 31 for 31 Fixed Deposits

Businesscafe - UB Finance Co. Ltd. one of Sri Lanka’s premier financial services providers celebrates 10 years of partnership with its parent company Union Bank of Colombo PLC in 2022.

Colombo South emerged as champions in Prima Under 15 Sri Lanka Youth League

Businesscafe - The Colombo South team secured the championship of the Prima Under-15 Sri Lanka Youth League (SLYL) inter-district and inter-provincial tournament organized and structured by the Sri Lanka Cricket National Talent Pathway programme with the objective of identifying youth cricketers with potential at an early age.

Cinnamon Air Resumes Daily Scheduled Flights in Paradise

Businesscafe - Cinnamon Air, Sri Lanka’s premier domestic airline, has resumed daily scheduled flights after a temporary suspension during the COVID-19 pandemic.

Sysco LABS Fosters the Next Generation of Future Ready Sri Lankan Tech Talent

Businesscafe - Sysco LABS Sri Lanka’s ‘Project Summit’ program recently celebrated the completion of training of its first batch of engineers.

Colombo Stock Exchange

Businesscafe - The transfer of Ordinary Voting Shares of Exterminators PLC from the Empower Board of the CSE to the Diri Savi Board with effect from 2nd December 2022, was approved by the Colombo Stock Exchange in consultation with the Securities and Exchange Commission of Sri Lanka (SEC).