Business News

SEC CSE Varsity Battles 2023 inter faculty quiz competitions commenced at the Rajarata University of Sri Lanka and the University of Jaffna Sri Lanka

Businesscafe - The first two programmes of the Varsity Battles 2023, the inter-faculty quiz competition organized by the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), were successfully completed at the Rajarata University of Sri Lanka and the University of Jaffna, Sri Lanka on 24th and 25th May 2023, respectively.

Daraz 1st Day Sale offers more savings to maximise Sri Lanka shoppers paycheck

Businesscafe - Sri Lanka’s leading e-commerce platform Daraz announced the Daraz 1st Day Sale, a monthly event that happens on the first day of every month, featuring an array of products, from the latest in fashion, to top-tier lifestyle, beauty, and electronics products, with great deals and free shipping discounts.

Calais Dentelles announces the sale of NOYON Noyon Lanka acquires 100 years of Lace Heritage

Businesscafe - In groundbreaking industry news, Noyon Lanka (Pvt) Ltd., a subsidiary of MAS Holdings, and DESSEILLES CALAIS, a subsidiary of the CALAIS DENTELLES holding company, announced the sale of NOYON CALAIS' IP rights and other intangible assets to Noyon Lanka.

Lassana.com to Pilot Climate Adaptation Solutions through an Innovative Agribusiness Model

Businesscafe - Sri Lankan floral company Lassana.com (Pvt.) Ltd. will pilot an innovative agribusiness model with a three-pronged approach to reduce the cost of climate adaptation technologies and post-harvest losses in vegetable farming using a grant from the United States Agency for International Development (USAID).

DFCC Wins Gold Award for Lean Six Sigma Project at National Convention on Quality Productivity Awards 2022

Businesscafe - DFCC Leasing, part of DFCC Bank – the Bank for Everyone, was recently recognized with a Gold Award for its Process Improvement Lean Six Sigma Project at the National Convention on Quality & Productivity Awards 2022, organized by the Sri Lanka Association for the Advancement of Quality & Productivity (SLAAQP).

Damro revived Agalawatte Plantations in verdant start to 2023

Businesscafe - Agalawatte Plantations PLC (APL) has reported impressive revenue and profit growth in the first quarter of 2023, consolidating on the remarkable turnaround achieved subsequent to the acquisition of a majority stake in the Company by the Damro Group.

CFA Capital Market Awards helps firms up their game in equity research

Businesscafe - With the 2023 edition of the CFA Capital Market Awards due to be held in June, CFA Society Sri Lanka - as the organizers of the event - takes a look back at the award winners from last year, when professionals who established benchmarks for the advancement of domestic capital market participants were recognised and rewarded for a ninth annual time.

ComBank adds SLT LECO to its Automatic Bill Settlement facility for credit card holders

Businesscafe - Credit card holders of Commercial Bank of Ceylon can now automate paying their monthly bills of Sri Lanka Telecom (SLT) and Lanka Electricity Company (LECO) and enjoy uninterrupted services, following the addition of these two utility companies to the Bank’s Automatic Bill Settlement facility.

 Pure Gold by Tiesh Unveils Exquisite Filigree Collection Showcasing the Epitome of Elegance and Craftsmanship

Businesscafe - Tiesh, a distinguished jewellery brand recognized for its exceptional craftsmanship and timeless designs, is proud to announce the launch of its latest filigree collection under its subsidiary, Pure Gold by Tiesh.

Ayodhya Iddawela Perera poised to lead Sampath Bank as its next Managing Director

Businesscafe - Ayodhya Iddawela Perera will take over as the next Managing Director of Sampath Bank PLC effective from the 1st of July 2023.