Business News

 COYLE s Inaugural General Meeting of 2023 Sheds Light on Sri Lanka Canada Political Landscape and Business Challenges

Businesscafe - The Chamber of Young Lankan Entrepreneurs (COYLE) kicked off its series of monthly meetings for 2023 with an insightful discussion led by Mr. Eric Walsh, the distinguished High Commissioner of Canada to Sri Lanka and the Maldives.

DFCC Bank Delivers Strong Financial Performance Despite Adverse Market Conditions

Businesscafe - The following commentary relates to the unaudited Financial Statements for the period ended 31 March 2023, presented in accordance with Sri Lanka Accounting Standard 34 (LKAS 34) on “Interim Financial Statements”.

Finnair addresses the excess carry on baggage issue with the new Superlight ticket type and changes to baggage allowances

Businesscafe - Finnair is introducing a new Superlight ticket for journeys within Europe and making changes to its baggage allowances as of 1 June.

SLT MOBITEL introduces the revolutionary ONE SHOT package with truly unlimited benefits

Businesscafe - Reaffirming its excellence in setting new benchmarks in the telecommunication industry, SLT-MOBITEL Mobile has introduced the revolutionary ONE SHOT all-in-one package with truly unlimited benefits for consumers.

Brandix extends collaboration with Global Water Partnership to empower youth engagement

Businesscafe - Sri Lanka’s premier apparel solutions provider, Brandix Apparel Limited (BAL), signed a partnership agreement with Global Water Partnership (GWP) recently to strengthen joint efforts to advance youth engagement with water and sustainability.

Aion sponsors KDU s Capture the Flag and hackathon for students of 21 universities

Businesscafe - IT students from 21 universities competed at a Capture the Flag (CTF) competition and hackathon at the General Sir John Kotelawala Defence University (KDU) recently with the sponsorship support of Aion Cyber Security (Pvt) Ltd., as part of the Company’s continuing efforts to nurture cybersecurity talent in Sri Lanka.

Sri Lanka Insurance enters in to a strategic Bancasurance partnership with Seylan Bank

Businesscafe - Sri Lanka Insurance (SLIC) entered in to a Bancassurance partnership with Seylan Bank PLC with the objective of promoting insurance products through mutually agreed Seylan Bank branches.

Orion City facilitates the growth of Infomate s workforce expansion

Businesscafe - Orion City IT Park, a commercial and office infrastructure provider, recently welcomed the expansion of Infomate, a company of the John Keells Group with world-class facilities.

Hirdaramani Apparel continues to showcase its commitment to sustainable manufacturing with the release of its latest Group Sustainability Report

Businesscafe - In 2020, the Hirdaramani Group announced their Future First initiative, a truly ambitious and comprehensive Sustainability Roadmap for 2025.

HNB records Rs 6.9 Bn PAT in Q1 2023

Tuesday, 16 May 2023 04:12

HNB Chairperson Aruni Goonetilleke and HNB Managing Director CEO Jonathan Alles

Businesscafe - Following a turbulent year marred by the country facing its most profound economic crisis post-independence, Hatton National Bank PLC made a resilient start to 2023, posting a PBT of Rs 10.7 Bn, up 80% YoY, while PAT stood at Rs 6.9 Bn in the first quarter, growing 42% YoY.