Business News

Ceylinco Life crowned Best Life Insurer in Sri Lanka by World Finance for 11th year

Businesscafe - Ceylinco Life has been declared the ‘Best Life Insurance Company in Sri Lanka’ in 2024 by World Finance, an accolade that company has won for the 11th consecutive year.

Conceptus Event Management Shines at People s Pinnacle Awards 2024

Businesscafe - Conceptus (Pvt) Ltd – the innovative and trailblazing event management company that pioneers novel concepts to architect extraordinary experiences, won the prestigious award for the Best Event Management Company 2024 at the People’s Pinnacle Sri Lanka Awards held on 6th January at the Taj Samudra.

People s Insurance Crowned as the Best General Insurance Company of 2024 Leading the Way in Innovation and Excellence

Businesscafe - People’s Insurance, a leading player in Sri Lanka's general insurance sector, has achieved a remarkable recognition across various international platforms.

KVC Crowned Peoples Pinnacle Best Modern Food Processing Brand of 2024

Businesscafe - Kelani Valley Canneries Limited (KVC), one of the leading companies in Sri Lanka's food processing industry, has been awarded the coveted People’s Pinnacle Best Modern Food Processing Brand of the Year 2024 at the Pinnacle Sri Lanka Awards.

Sarvodaya Development Finance Becomes Full Member of GABV Delivers Strong Performance in 1H 2024 25

Businesscafe - Sarovodaya Development Finance PLC (SDF) has achieved a new milestone as an ethical provider of financial services by becoming a full member of the prestigious Global Alliance for Banking on Values (GABV).

Prof. Ajantha Samarakoon Appointed as New Chairman of Peoples Leasing Finance PLC

Businesscafe - People’s Leasing & Finance PLC, a leader in non-banking financial services, has announced the appointment of Prof. Ajantha Samarakoon as its new Chairman of the Board, with effect from 31st December 2024, subsequent to receiving approval from the Central Bank of Sri Lanka.

Thilan Wijesinghe on Board of Blackstone backed USD 2 Billion Ventive Hospitality

Businesscafe - Renowned investment banker, entrepreneur, PPP specialist and Chairman & Owner of TWC Holdings, Thilan Wijesinghe, has been appointed to the Board of Directors of Ventive Hospitality Limited, which successfully concluded a USD 200 Mn IPO in India, reaching a market capitalisation of over USD 2 billion upon the commencement of trading at the National Stock Exchange of India recently Ventive Hospitality is a joint venture between Blackstone India and Panchshil Realty, and is among the largest real estate developers in India based in Pune.

Fairfirst s Double Win at SLIM National Sales Awards 2024

Businesscafe - Fairfirst Insurance continues to make its mark in the Sri Lankan sales fraternity by clinching two Merit Awards at the prestigious SLIM National Sales Awards 2024.

NDB Partners with Clean Ocean Force Lanka for Landmark Marine Conservation Initiatives

Businesscafe - NDB Bank has entered into a groundbreaking partnership with Clean Ocean Force Lanka (COF) to launch two transformative projects aimed at combating marine pollution and fostering sustainable ecosystems.

Jayalal Hewawasam CEO of Allianz Life Insurance Lanka Ltd Honored with Prestigious Global CEO Leadership Excellence Award

Businesscafe - Mr. Jayalal Hewawasam, CEO of Allianz Life Insurance Lanka Ltd., was recently honored with the prestigious Global CEO Leadership Excellence Award at Sri Lanka’s inaugural Global CEO Awards Night held on 5th December 2024 at ITC Ratnadipa, Colombo.