Business News

Sri Lanka Can Achieve 80 Self Sufficiency in Ceramic Manufacturing TPS Ceramic Industries Breaks Ground for Rs 4 B Plant in Badureliya 

Businesscafe - With local manufacturers assuring 80% self-sufficiency in ceramic manufacturing the government will continue its policy of import restriction and import substitution, Industries Minister Wimal Weerasinghe said recently.

 Mastercard and Mahela Jayawardena Come Together Promote the Use of Digital Payments in Sri Lanka

Businesscafe - Sri Lankan cricket legend Mahela Jayawardena joins Mastercard’s ongoing efforts to encourage digital payments usage across the country.

Celebrate Spider-Man Fandom on TikTok

Wednesday, 22 December 2021 05:32

 Celebrate Spider Man Fandom on TikTok

Businesscafe - TikTok has connected over one billion fan communities across the world with the debut of Spider-Man: No Way Home.

Sampath Bank E Remittance

Businesscafe - Sampath Bank PLC is offering an additional reward of Rs. 8 per US Dollar for remittances made through the ‘Sampath e-remittance’ service and converted into Sri Lankan Rupees during the month of December 2021.

Kapruka IPO Opens Tomorrow

Tuesday, 21 December 2021 16:52

Kapruka IPO

Businesscafe - The Initial Public Offering (IPO) of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence, will officially open at 9.00am tomorrow, 22nd December 2021.

hSenid Business Solutions Limited rings the bell to debut trading on the Colombo Stock Exchange

Businesscafe - The shares of hSenid Business Solutions Limited (CODE: HBS-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today.

LAYOUTindex recognized at the FITIS Digital Excellence Awards 2021

Businesscafe - Strengthening their position as a leader in providing bespoke software solutions to Sri Lankan and global brands, LAYOUTindex was recently recognized at the FITIS Digital Excellence Awards and Conclave 2021 for successfully commencing their digital transformation journey.

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.