Business News

Sri Lanka Banks Association Guarantee Ltd Media Release on Priority of Banking Sector Stability Being Re affirmed

Businesscafe - The Sri Lanka Banks Association (Guarantee) Ltd (SLBA) is relieved to note that the apex regulator of the banking industry, the Central Bank of Sri Lanka (CBSL) has assured the banks that the regulatory stance in the on-going Domestic Debt Optimization (DDO) discussions with the diverse stakeholders will be that, the banking sector stability cannot be put at risk.

SLT MOBITEL commemorates Vesak week donating Rs 8 Mn worth essential drugs to hospitals islandwide

Businesscafe - SLT-MOBITEL is donating over Rs 8 Million worth of essential drugs to hospitals across the country under its 'Sambandiyawe Dahami Sathkaraya’ (සබැඳියාවේ දැහැමි සත්කාරය) programme, upholding the teachings of kindness and compassion synonymous with Vesak, and as part of company’s Environmental, Social and Governance (ESG) commitments.

Seylan Bank

Businesscafe - Seylan Bank began the new fiscal year on a strong note, with Q1 2023 recording a Profit Before Tax (PBT) of LKR 1.7 Bn compared to LKR 1.5 Bn in 1Q 2022 demonstrating a robust growth of 17.26%.

Nations Trust Bank enhances its remittance services countrywide to connect families with their loved ones overseas

Businesscafe - Nations Trust Bank has embarked on a new initiative to promote its remittance services and encourage more remittance inflows to support Sri Lanka’s financial stability and economic growth.

Samsung offers genuine warranty and TRCSL approved devices through authorized partners

Businesscafe - Samsung, Sri Lanka’s No. 1 smartphone brand, reiterates that its partners Softlogic, John Keells Automation, Singer, Singhagiri, Damro, Daraz, Dialog and Mobitel offer exclusive Samsung genuine warranty with the purchase of TRCSL-approved Samsung devices.

 Medihelp Hospitals opens multispecialty hospital in Mt. Lavinia marks hospital chain s 17th healthcare facility

Businesscafe - Medihelp Hospitals, the largest primary healthcare chain and the fastest growing healthcare group in Sri Lanka, has announced the opening of its 17th healthcare facility in Mount Lavinia.

Sri Lanka Veterinary Association celebrated International Veterinary Day

Businesscafe - The Sri Lanka Veterinary Association (SLVA) celebrated International Veterinary Day (April 29) with a series of animal and community welfare programmes at key locations across the island.

Open doors for greater investment in telco infrastructure EDOTCO

Businesscafe - Introduction of Independent and empowered mobile tower companies (TowerCos) could unlock nearly USD 1 Billion in foreign direct investment over the next five years and provide connectivity to five million under-connected Sri Lankans, opines Gayan Koralage, Director of Group Strategy at EDOTCO Group.

Sysco LABS completes the 9th phase of its Share a Meal Share a Moment community program

Businesscafe - Sysco LABS Sri Lanka recently completed Phase 9 of their flagship sustainability initiative, ‘Share a Meal. Share a Moment’, distributing nearly 200 essential rations packs to underprivileged families in Lunawa, Moratuwa.

Uber announces additional COVID relief for drivers and couriers

Businesscafe - Uber, the country’s leading ride hailing app, today released the 2023 edition of its Lost and Found Index for Sri Lanka.