Business News

MAS Holdings Named Official Clothing Partner of the National Paralympic Committee of Sri Lanka for Paralympic Games 2024

Businesscafe - MAS Holdings was announced as the Official Clothing Partner of the National Paralympic Committee of Sri Lanka (NPC) during the official unveiling and handover event on 14th August 2024.

Strong 1H 2024 Performance from Nations Trust Bank PLC

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first half of 2024, achieving a Profit After Tax (PAT) of LKR 8 Bn, up 31% YoY.

HNB Group records Rs 16.2 Bn in PAT for 6 months

Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months ended June 2024.

 Resilient ComBank maintains growth impetus in Q2 despite external pressures

Businesscafe - Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon Group to achieve commendable growth in the first half of 2024, despite a reduced topline.

Sampath Bank to Create History as Asia s Best Bank for Corporate Responsibility

Businesscafe - Sampath Bank is set to receive the prestigious ‘Asia’s Best Bank for Corporate Responsibility’ award at the Euromoney Awards for Excellence 2024, to be held on 12th September in Singapore.

HSBC s third Premier centre opens in Bambalapitiya

Businesscafe - HSBC opened its third flagship Premier Centre on 1 August 2024 having converted its Bambalapitiya branch at 123, Bauddhaloka Mawatha, Colombo 04.

 Union Assurance Celebrates Brilliance at the Partnership Distribution Annual Awards 2023

Businesscafe - Union Assurance, Sri Lanka’s premier Life Insurer, held its Partnership Distribution Annual Awards 2023 at the Monarch Imperial, aimed at recognising brilliance among its Bancassurance and Corporate Channel members.

Ceyline Group selects Enterprise Analytics for comprehensive Acumatica ERP implementation

Businesscafe - Enterprise Analytics (EA), a leading IFS and Acumatica partner with offices across the globe, is set to spearhead the Ceyline Group’s digital transformation initiative.

 Samsung Sri Lanka reinforces commitment to sustainability with 20 year warranty on refrigerators and washing machines

Businesscafe - Samsung Sri Lanka, a premier name in consumer electronics, proudly continues its pioneering initiative : offering a 20-year warranty on Digital Inverter Motors in washing machines and Digital Inverter Compressors in refrigerators.

 CSE Hosts Forum to Raise Awareness on Alternative Investment Avenues

Businesscafe - The Colombo Stock Exchange (CSE) hosted a special awareness session titled “Creating Opportunities for Wealth Creation and Diversification” recently at the Hilton, Colombo.