Business News

CICT celebrates 10th anniversary projects record 3.1 million teus in 2021

Businesscafe - Colombo International Container Terminals (CICT) is ending 2021 on a high note, celebrating its milestone 10th anniversary in Sri Lanka on 22nd December and reaching the milestone of 3 million teus within a year for the first time.

Thornton and Dane wins Rs 1.8 billion contract to build JAT Property Group 146 Residencies

Businesscafe - Thornton and Dane Engineering has announced it has been awarded the Rs 1.8 billion contract to build ‘146 Residencies’ – the latest residential development of JAT Property Group (Pvt) Ltd.

HNB FINANCE PLC acquires Prime Finance PLC

Tuesday, 21 December 2021 07:51

 HNB FINANCE PLC acquires Prime Finance PLC

Businesscafe - Further extending its dominant position in the financial industry, leading integrated financial services institution HNB FINANCE PLC entered into a contractual agreement with Prime Lands and Prime Finance on 20th December, 2021, acquiring a controlling stake of 87.27% from Prime Lands (Pvt) Ltd, a pioneering force in Sri Lanka's real estate landscape.

Huawei Service Centers offer refurbished new looks with advanced services 

Businesscafe - Huawei, the globally innovative smartphone manufacturer, provides consumers the support they require with its highly trained staff at their five refurbished customer service centers with brand new looks and advanced services.

Mastercard named as the Most Valuable Payment Partner of 2021 by Daraz

Businesscafe - Mastercard was recognized as the ‘Most Valuable Payment Partner’ by Daraz, Sri Lanka’s largest online shopping platform for generating ‘Highest Overall Payment Volume’; ‘Highest Overall Transaction Volume’; and ‘Highest Total Payment Volume’, during the Daraz Payment Partner Performance Awards 2021.

slt mobitel logo

Businesscafe - Celebrating the season, filled with warmth, joy, and the spirit of giving, SLT-MOBITEL Mobile, the National ICT Solutions Provider has announced numerous offers ranging from Devices to mTune Ringing tones for IDD, Roaming, mCash, Pre-Paid, Post-Paid services and many more.

STEM Classrooms completion

Businesscafe - The Commercial Bank of Ceylon has completed its project to equip 100 schools island-wide with Smart Classrooms that deliver digitised educational content, a commitment it embarked on in its centenary year to transform orthodox educational institutions to STEM (Science, Technology, Engineering, and Mathematics) Centres.

 The De Lanerolle Brothers Herald in the Season with Cant Wait for Christmas Watch the Brothers on Dialog TV this Christmas

Businesscafe - Ushering in the season, The De Lanerolle Brothers hosted their annual Christmas concert this time hosting something out of the box with four performances on the same day to the delight of audiences at the Hilton Colombo on November 30.

Hela Apparel Holdings set for landmark IPO

Monday, 20 December 2021 11:37

 A.R. Rasiah Chairman Hela Clothing and Dilanka Jinadasa Group CEO Hela Clothing

Businesscafe - The Colombo Stock Exchange has formally approved the Initial Public Offering (IPO) of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group), with the offer set to open on Wednesday 12th January.

 Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of Co-Operative Insurance Company Limited, through an Offer for Subscription of 166,750,000 Ordinary voting shares at a price of Rs. 3.60 per Share, which opened today (20th December 2021) was oversubscribed on the initial day itself.