Business News

CBL Global Foods and USAID Join Forces to Transform Sri Lankas Coconut Industry

Businesscafe - CBL Global Foods Limited (CBL GFL), a key player in Sri Lanka’s agribusiness sector and a subsidiary of the CBL Group – one of the largest food conglomerates, has partnered with the United States Agency for International Development (USAID) to enhance the coconut industry through an initiative aimed at boosting productivity and market access for small and medium-scale farmers.

Sri Lanka UAE Business JV to Strengthen Industry Ties on Graphene Processing Partnership in Sri Lanka

Businesscafe - Inovartic Investment Lanka Pvt Limited, a joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, has embarked on an initiative to accelerate the advanced manufacturing of graphene and graphene-based products in Sri Lanka and Abu Dhabi.

BOI Sri Lanka discusses strategic investments in key sectors to drive economic recovery

Businesscafe - The Board of Investments of Sri Lanka successfully hosted an investor roundtable titled “Supporting Sri Lanka’s Recovery Through Resource Commitment” at the Ministry of Investment Promotion, Colombo on September 2, 2024.

Intellect launches eMACH AI

Businesscafe - Intellect Design Arena Ltd, the World’s only Enterprise Grade Financial Technology Leader in Composable and Intelligent solutions for progressive Global Financial Institutions, announces the launch of eMACH.ai tailored specifically for the Sri Lankan financial landscape.

Virtusa Achieves Science Based Targets Initiative Validation for Greenhouse Gas Emissions Reduction Targets

Businesscafe - Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions, recently received validation from the Science Based Targets initiative (SBTi) for its greenhouse gas (GHG) emissions reduction targets.

From Career to Championships the Inspiring Journey of Supuna Warusawithana Mercantile Triple Champion

Businesscafe - In the fast-paced world of technology, where coding and algorithms dominate, excelling in sports might seem like an unaffordable luxury.

Union Assurance launches Suwamaga setting new standards in enriching community well being

Businesscafe - Union Assurance, Sri Lanka’s premier Life Insurer, is proud to announce the launch of its flagship CSR programme, Suwamaga, aimed at enriching community well-being.

SLT MOBITEL Enhances Connectivity at Kumana National Park Reinforces ESG Commitment to renewable energy

Businesscafe - Reaffirming its commitment to embracing greener business practices, SLT-MOBITEL, the National ICT Solutions Provider, has successfully implemented 100% renewable connectivity at Kumana National Park, a renowned tourist destination known for its natural beauty.

ComBanks Head of Islamic Banking wins Gold at SLIBFI awards 2024

Businesscafe - The Head of Islamic Banking at the Commercial Bank of Ceylon, Mrs Feroza Ameen, has been honoured for her contributions to Islamic Finance in Sri Lanka by UTO EduConsult, the organiser of the Sri Lanka Islamic Banking & Finance Industry (SLIBFI) conference and awards.

Markspen Holdings Opens Smart Hub in Kurunegala

Businesscafe - In an effort to bring superior quality products and services to consumers under one roof, the sole importer and distributor of the DOMA CTP20 automatic rice mill, Markspen Holdings (Private) Limited recently opened doors to its brand-new showroom in Kurunegala.