Business News

HNB Finance successfully hosts competition for World Photography Day

Businescafe - Capturing the essence of, and celebrating the art, craft, science and history of photography, Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC recently hosted a social media competition for World Photography Day, giving followers the chance to win amazing prizes.

CMF and CICT fund Sri Lanka s Wheelchair Tennis Programme with another US 35000

Businescafe - Wheelchair Tennis, a sport that has created Paralympians of the calibre of Suresh Ranjan Dharmasena for Sri Lanka, has received a further commitment of support from the China Merchants Foundation (CMF) and Colombo International Container Terminals (CICT) with a donation of US$ 35,000 (Rs 12.9 million at current exchange rates).

Light a Future to rally global communities to aid vulnerable Sri Lankan children

Businescafe - In Sri Lanka today, many families are struggling to provide the basic needs of their children and committing their limited resources for educational expenses is becoming increasingly difficult.

Stigmata Delivers Evil with a Full House at Tap House by R n R

Businesscafe - Local extreme metal quartet Stigmata have been performing around the world, organizing ground-breaking shows locally, releasing new music consistently and launching amazing merchandise for the past 22 years without any signs of slowing down.

BLOG IT

Businesscafe - Inviting all writing enthusiasts! Sri Lanka’s trailblazing Life Insurer, Union Assurance PLC, launched an industry-first blog competition, ‘BLOG IT’ on September 1st, 2022 in recognition of Life Insurance Awareness month falling in September.

Spring Summer to support local economy with international retail

Businesscafe - Spring & Summer launched their new global platform - www.springandsummer.co, in August 2022, with the overarching objective to cater to local and international communities of global shoppers, with world-wide shipping.

Tea Exporters Association Sri Lanka Hosts its 23rd AGM

Businesscafe - Tea Exporters Association (TEA) Sri Lanka held its 23rd Annual General Meeting on the 9th of September 2022, at the Oak Room, Cinnamon Grand, Colombo.

Emirates and United Expand Market Presence Through New Agreement

Businesscafe - Emirates and United have announced a historic commercial agreement that will enhance each airline’s network and give their customers easier access to hundreds of new destinations* within the United States and around the world.

SANASA Life records the fastest growth rate in the life insurance industry in 2022 Q2

Businesscafe - Despite the adverse socio-economic challenges in the country, SANASA Life Insurance Company has reassured their position to be the Fastest Growing Life Insurance Company in Sri Lanka.

Xeneta Raises $80 Million led by Apax Digital

Wednesday, 14 September 2022 09:12

Xeneta Raises 80 Million led by Apax Digital

Businesscafe - Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today announced an $80 million investment at a $265 million valuation led by funds advised by Apax Digital, the growth equity arm of Apax, a leading global private equity advisory firm, with participation from NY-based Lugard Road Capital.