Business News

Emirates Boeing 777 300ER

Businesscafe - Emirates has announced it will operate two additional flights a week to Colombo from 15th November to support the resurgence of Sri Lanka’s tourism industry as more key source markets relax travel restrictions.

Reliance Industries acquires amante from MAS Holdings

Businesscafe - MAS Holdings announced that one of its subsidiaries, MAS Brands, which owns and operates the retail lingerie business under the brand amanté, was acquired by Reliance Retail Ventures Limited, a subsidiary of the Ambani-owned Reliance Industries.

 WSO2 Secures 90 Million in Growth Capital from Goldman Sachs Asset Management

Businesscafe - WSO2, the leader in digital transformation technology, today announced that the company has closed $90 million in financing from client vehicles advised by Goldman Sachs Asset Management Private Credit ("Goldman Sachs").

My Huawei App rolled out in Sri Lanka

Sunday, 14 November 2021 11:03

My Huawei App rolled out in Sri Lanka

Businesscafe - Huawei, the global smartphone brand, is pleased to offer its users a new, smarter journey with the My Huawei App, an official all-in-one platform for customers to share their experiences and find the right services.

SLID

Businesscafe - The Board Secretaries Forum a joint initiative of The Sri Lanka Institute of Directors (SLID) and Institute of Chartered Corporate Secretaries of Sri Lanka; hosted a webinar and panel discussion on the Role of the FIU and Obligations of Directors and Company Secretaries in complying with Anti-Money Laundering (AML)/Combating the Financing of Terrorism (CFT) Requirements recently.

Atlas SipSavi Scholarship

Businesscafe - Atlas, Sri Lanka’s leading children’s stationer and learning brand, recently hosted a virtual panel discussion to bring awareness to the plight of over 22,000 underprivileged children in Sri Lanka who drop out of school every year due to the loss of parents and economic difficulties.

HNB Chairperson Aruni Goonetilleke and HNB MD CEO Jonathan Alles Left to Right

Businesscafe - A resilient business model and continued focus on sustainable growth was reaffirmed as Hatton National Bank PLC (HNB) reported Rs 12.2Bn in Profit After Tax (PAT) for the nine-month period ended September 2021.

CDB Advance Roof Solar Green Energy Financing for a Smarter and Sustainable Sri Lanka

Businesscafe - Citizens Development Business Finance PLC (CDB) has launched "CDB Advance Roof Solar", its newest product in the green financing segment, as a sustainable financing and investment solution.

Commercial Bank Logo

Businesscafe - The Corporate Social Responsibility Trust of Commercial Bank recently donated essential medical equipment to the Jaffna Teaching Hospital, the Tellippallai Base Hospital and the Kayts Base Hospital.

 Gihan Cooray Chariman Nations Trust Bank and Priyantha Talwatte CEO Director Nations Trust Bank Left to Right

Businesscafe - Nations Trust Bank ended the third quarter with a strong performance, continuing the trend demonstrated in the first half of the year.