Business News

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.

CSE Hosts Investor Forum in Batticaloa to Highlight Alternative Investment Opportunities

Businesscafe - The Colombo Stock Exchange (CSE) conducted an investor Forum on 8th September 2024 at Hotel BeachWay in Kattankudi.

Mastercard and Bank of Ceylon collaborate to launch Sri Lankas first medical tourism card

Businesscafe - Mastercard and Bank of Ceylon today announced their collaboration to launch ‘WellGlobe’, Sri Lanka’s first medical tourism card.

Ceylinco Life motivates future leaders with Rs 22 mn. in new Pranama scholarships

Businesscafe - A group of 152 young Sri Lankans recognised as high potential next-generation leaders of the country received valuable motivation in the form of ‘Pranama’ scholarships from Ceylinco Life recently, at the 23rd edition of this annual presentation.

ATrad Unveils Its Advanced Primary Dealer System with Acuity Securities Ltd Pioneering Innovation in Capital Markets

Businesscafe - ATrad is thrilled to announce the launch of the ATrad Primary Dealer System, an innovative platform that sets a new standard for capital market operations.

Half a Century of Elegance Mahogany Masterpieces Launches New Designs and Exclusive Artisanal Giftware

Businesscafe - Mahogany Masterpieces, Sri Lanka’s leading manufacturer of handcrafted luxury furniture, is proudly celebrating its 50th anniversary, showcasing its dedication to design and innovation.

ComBank conducts Agri Modernisation Fair in Vavuniya to promote smart agriculture practices

Businesscafe - The Commercial Bank of Ceylon recently brought together a coalition of some of the biggest names is Sri Lanka’s agriculture sector to conduct an ‘Agri Modernisation Fair’ for farmers in the Vavuniya area and introduce the latest technologies available to them and promote smart agriculture.

Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of Digital Mobility Solutions Lanka Limited, through an offer for sale of 43,474,179 ordinary voting shares at a price of Rs. 36 per share, opened today (13th September 2024) and was oversubscribed on the initial day itself.

CEAT Kelani Holdings rated AA by Fitch for 4th successive year

Businesscafe - Sri Lanka’s leading tyre manufacturer CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Outlook Stable’ by Fitch Ratings for a fourth consecutive year, a rating Fitch said is supported by CEAT’s sustained leadership in the domestic pneumatic tyre manufacturing industry and the resilience of its financial profile.