Business News

CIC Holdings achieves Rs. 64.6 Bn revenue with resilient sectoral growth in 9MFY25

Businesscafe - Agriculture-rich diversified conglomerate CIC Holdings PLC (CSE: CIC) has recorded a consolidated revenue of Rs. 64.66 billion for the nine months ending 31 December 2024 (9MFY25), an increase of 7.49% YoY compared to the corresponding period of last year.

Richard Pieris Group Pre Tax Profits up by 137 to Rs.5.4 billion during first 9 Months

Businesscafe - Richard Pieris Group, one of Sri Lanka's largest and most diversified conglomerates, achieved a Profit Before Tax (PBT) of Rs. 5.4 billion during the first 9-month period ending 31st December 2024.

 Samsung Introduces Bespoke AI Double Door Refrigerator Series with Advanced AI Features

Businesscafe - Samsung, Sri Lanka’s leading consumer electronics brand, unveiled its new Bespoke AI Double Door Refrigerator series in Sri Lanka.

NDB Bank and Automobile Association of Ceylon Unite to Empower the Sri Lankan Motoring Community

Businesscafe - NDB Bank has proudly partnered with the Automobile Association of Ceylon (AAC) to introduce an exclusive Affinity Credit Card program for its members.

Shinagawa Beach Partners with Elevate Hospitality to Redefine the Luxury Hospitality Landscape in Sri Lanka

Businesscafe - Shinagawa Beach, the serene beachfront property in Balapitiya, has partnered with Elevate Hospitality for a strategic transformation aimed at repositioning the hotel as a high-end hospitality provider and strengthening its appeal within Sri Lanka's high-end hospitality market.

Samsung Sri Lanka unveils the Galaxy S25 Series the True AI Companion with Exclusive Launch Offers

Businesscafe - Samsung Sri Lanka has officially launched the highly anticipated Galaxy S25 Ultra, Galaxy S25+, and Galaxy S25, setting a new benchmark in AI-driven mobile experiences.

Sri Lanka Launches CareerOne Career Platform to Enhance TVET Career Guidance

Businesscafe - The Tertiary and Vocational Education Commission (TVEC) of Sri Lanka proudly announces the official launch of the CareerOne Career Platform (www.careerone.gov.lk), a groundbreaking initiative aimed at transforming career guidance and employment services in the Technical and Vocational Education and Training (TVET) sector.

HNB FINANCE partners with Kiya.ai to upgrade Core Banking System paving the way for digital transformation

Businesscafe - HNB FINANCE, one of Sri Lanka's leading financial service providers, has announced its strategic partnership with Kiya.ai, a global leader in digital financial solutions, to implement a futuristic digital core banking system.

Link Natural Products Shines at The Presidential Export Awards

Businesscafe - Link Natural Products once again cemented its position as a leading exporter by being honoured with the ‘Emerging Exporter of the Year 2023/24’ and ‘Best Exporter - Herbal & Ayurveda Products Category (Sectoral) accolades at the prestigious Presidential Export Awards, organized annually by the Sri Lanka Export Development Board (EDB).

Top Universities to Compete in the CFA Institute Research Challenge Sri Lanka 2024 2025

Businesscafe - CFA Society Sri Lanka announced the selection of the top four teams for the local finals of the 2024/25 edition of the CFA Institute Research Challenge competition.