Business News

SLT MOBITEL AkazaLMS enables corporate employee capability development

Businesscafe - As SLT-MOBITEL, the National ICT solutions service provider, continues to play a pivotal role in driving Sri Lanka’s digital transformation through its Cloud-managed offering, SLT-Mobitel AkazaLMS takes centre-stage as the nation’s leading Learning Management System (LMS).

 Dr. Sanjiva Weerawarana WSO2 Founder and CEO Receives 2022 IEEE TCSVC Research Innovation Award

Businesscafe - WSO2, a leader in digital transformation technology, today announced that Dr. Sanjiva Weerawarana, WSO2 founder and CEO, is a recipient of the 2022 IEEE TCSVC Research Innovation Award.

Sony sliding in the consoles market with 200000 less units sold than Microsoft in Q1 2022

Businesscafe - The first quarter of 2022 saw Xbox Series X/S unit sales surpass those of PlayStation 5 by a significant margin for the first time since the release of both consoles in November, 2020.

 Nor Shipping 2023 focuses on PartnerShip to accelerate industry progress

Businesscafe - Nor-Shipping has revealed that #PartnerShip will be the main theme of next year’s event, as it looks to enable, support and showcase ways of working together to achieve commercial goals.

Kappa optronics ubernimmt Schmid Engineering GmbH Overhues Schmid

Businesscafe - Kappa optronics GmbH, headquartered in Göttingen - Gleichen / Germany, is a technology leader for high-end mirror replacement systems.

Swadeshi Khomba illuminates Wariyapola Kolambagama Miyugunarama Rajamaha Viharaya during Poson

Businesscafe - The Swadeshi Industrial Works PLC, the pioneer and the market leader in herbal personal care products in one of its community support initiatives recently sponsored the “Aloka Poojawa” of the historic Wariyapola, Kolambagama Miyugunarama Rajamaha Viharaya on the Poson Full Moon Poya day, “Swadeshi Khomba Aloka Puja Sathkaraya” is a concept of Swadeshi Chairperson Ms. Amari Wijewardene.

Union Assurance and Union Bank Renew Successful Partnership

Businesscafe - In a move that promises to expand the bancassurance footprint in Sri Lanka, Union Assurance and Union Bank have extended their alliance for 7 years.

 Co operative Insurance records strong 31 growth for 1Q22 amidst macroeconomic challenges

Businesscafe - Leading Sri Lankan insurer Co-operative Insurance Company PLC (CICPLC) recently released its latest results for the first quarter of 2022, placing itself on a stronger position with an impressive growth of 31 percent compared to the same period of the previous year, amidst many macroeconomic difficulties.

New Insights into Sri Lanka Cauvery and Mannar Basins from FTG and Aeromagnetic Data to be presented at SEAPEX 2022

Businesscafe - Bell Geospace, the world leaders in gravity gradiometry, has conducted the first aerial mapping of petroleum resources in Sri Lanka in Q4 of 2021, and will be presenting these insights – together with Wintermoon Geophysics - at the prestigious SEAPEX (South East Asia Petroleum Exploration Society) Asia Pacific Conference in London on Thursday the 30th of June.

Luminex Limited Officially Enters the Stock Market with a Listing on the CSE

Businesscafe - Following the completion of the IPO process, the shares of Luminex Limited (CODE: LUMX-N-0000) ceremoniously commenced trading on the Colombo Stock Exchange (CSE) on the 23rd of June 2022.