Business News

Roar Media and Sarah Kabir to Produce Netflix Style Documentary on 72 Years of Sri Lankan History

Businesscafe - In a brand new initiative, under the working title ‘Project 72’, Roar Media and author Sarah Kabir are set to take a deep dive into Sri Lanka’s past since gaining Independence in 1948, entertainingly and educationally covering some of the most defining years in the nation’s history.

CEAT radials designated Original Equipment for locallyassembled Mahindra Bolero City Pik ups

Businesscafe - CEAT Kelani Holdings has reached another milestone in radial tyre manufacture in Sri Lanka with the Company’s appointment as an Original Equipment Manufacturer (OEM) for Bolero City Pik-up vehicles assembled in Sri Lanka by Mahindra & Mahindra (M&M) India in collaboration with Ideal Motors.

 Sunshine Holdings

Businesscafe - Recording another quarter of impressive financial performance in a challenging economic backdrop, diversified conglomerate Sunshine Holdings PLC (CSE: SUN) posted consolidated revenue of Rs. 15.8 billion for the six months ending 30 September 2021, an increase of 44% YoY compared to the corresponding period of last year.

StartupX Foundry and Lankan Angel Network Launch Knowledge Sharing Platform to Spur Entrepreneurship

Businesscafe - Sri Lankan tech startup incubator and accelerator StartupX Foundry recently launched its entrepreneurship initiative, “Vyawasayakayanta Athwelak,” a knowledge sharing platform that aims to bridge the gap in entrepreneurial knowledge pertaining to startups, particularly in underserved communities to both guide and encourage rural entrepreneurship.

Natular DT

Businesscafe - DTW International Private Limited in collaboration with UPL Limited and Clarke recently introduced Natular DT, a mosquito breeding sites controlling product designed to aid Sri Lanka in the fight against dengue and Culex mosquito-borne illnesses.

CBL Group once again in SL Top 10 Most Admired Companies list

Businesscafe - Over its 50+ year journey, CBL and CBL brands Munchee, Ritzbury, Revello, Tiara, Samaposha, Nutriline, Lankasoy and Sera have become staples in Sri Lanka’s food landscape.

LSSLLanka SSL introduces industrys only SLS certified locally manufactured barbed wire

Businesscafe - Lanka Special Steel Limited (Lanka SSL), a renowned and trusted name in premium quality wires and a fully owned subsidiary of E B Creasy & Company PLC, recently introduced Sri Lanka’s one and only SLS certified barbed wire, further complementing its position as a long-standing pioneer and only manufacturer for SLS certified hot dipped galvanized (Gi) wire.

Kavindu from SLIIT Sri Lanka Chosen to Showcase His Ingenious Idea at Red Bull Basement Global Final

Businesscafe - Sri Lanka has a new student innovator on the international stage, Kavindu Dulanjana Perera from SLIIT Sri Lanka has been named one of 44 finalists in the global Red Bull Basement program for 2021.

Sarvodaya Development Finance successfully concludes Virtual Investor Forum

Businesscafe - Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, recently concluded its Investor Forum.

 Emirates expands cargo capacity

Businesscafe - Emirates SkyCargo, a leader in the global airfreight industry, has announced that it will induct two new Boeing 777Fs into its fleet in 2022 and also convert four of the airline’s Boeing 777-300ER passenger aircraft into freighters between 2023 and 2024.