Business News

Professor Silas Lwakabamba

Businesscafe - Coventry University is expanding its network of collaborations in Africa thanks to its Global Hub in Rwanda.

JAAF

Businesscafe - The Joint Apparel Association Forum (JAAF) welcomes the recent cabinet approval for the deferment of the Simplified Value-Added Tax (SVAT) scheme, set to now take effect from April 1st, 2025.

DFCC Bank s Trailblazing Website Clinches Silver at BestWebLK Awards 2023

Businesscafe - In a resounding reflection of its unwavering commitment to innovation and user-centric design, DFCC Bank’s groundbreaking website has once again emerged triumphant, securing a prestigious Silver Award for Best Website in the Banking and Finance Category at the BestWeb.LK Awards 2023.

DENSO President announces 63 billion RD investment plan to kickstart new era of safe and sustainable electromobility

Businesscafe - In his first European public appearance as President and COO of DENSO, the Fortune 500 advanced automotive technology supplier, Shinnosuke Hayashi revealed that the business plans to invest €63 billion (¥10 trillion) in research and development over the next ten years in line with its pursuit of zero emissions and zero traffic fatalities within mobility and society.

HNB s Islamic Banking success story continues Takes home five awards at SLIBFI 2023

Businesscafe - Consolidating its position as the nation’s leader in Islamic Banking solutions, Sri Lanka’s most innovative private sector bank HNB PLC’s Al Najaah unit continued its winning streak at the Sri Lanka Islamic Banking and Finance Industry Awards (SLIBFI) 2023.

Phoenix announces that two of its standout products have been selected as finalists for the IDEA Awards 2023

Businesscafe - Phoenix announces that two of its standout products, the FLAP folding chair and the FLO modular cupboard series have been selected as finalists for the prestigious IDEA Awards 2023.

SLT Digital Services Unveils Automobile.LK Digital Directory for the Automobile Industry

Businesscafe - SLT Digital Services (Pvt) Limited (SLT-DIGITAL), the emerging marketing and digital engagement solutions arm of Sri Lanka Telecom PLC (SLT-MOBITEL group), proudly announces the launch of its latest offering, the online directory, Automobile.LK.

IIHS Multiversity Leading the Way in Healthcare Education Across South Asia Joins Hands with the US International Development Finance Corporation

Businesscafe - International Institute of Health Sciences (IIHS), a leader in healthcare education in South Asia, takes immense pride in announcing the grand inauguration of the IIHS Multiversity, a sustainable international-standard nurse training center.

Alumex PLC selected as Material Sponsor for Sri Lanka s First Ever Formula Electric Car

Businesscafe - Alumex PLC, Sri Lanka's most trusted aluminium brand and subsidiary of the Hayleys Group, has partnered with the Mechanical Engineering Department of the University of Moratuwa, to champion Sri Lanka’s inaugural formula electric car as the material sponsor at the "EXMO 2023" exhibition which is the University’s flagship engineering exhibition.

Resilience is necessary but not enough by Yohan Lawrence Secretary General Joint Apparel Association Forum

Businesscafe - In The State of Fashion Report 2023, global consulting company McKinsey, estimates that the fashion industry will grow at two speeds : between 5 and 10 per cent in luxury fashion, while the rest of fashion could even decline by 2 per cent from the previous year.