Business News

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.

Ceylinco Life Education Protector

Businesscafe - An insurance plan designed exclusively for the purpose of ensuring the continued education of children has been launched by Ceylinco Life in response to one of society’s most pressing concerns.

DFCC Bank receives an honourable mention as one of Sri Lanka Most Admired Companies

Businesscafe - DFCC Bank, the premier commercial Bank in Sri Lanka, has been selected in the ‘Top 5 Honourable Mentions’ at the Chartered Institute of Management Accountants-International Chamber of Commerce Sri Lanka-Daily FT ‘Most Admired Companies of Sri Lanka 2021’ award ceremony.

 Sarvodaya Development Finance Investor Forum on 17th November 2021 in lieu of upcoming IPO

Businesscafe - As the eagerly awaited Initial Public Offering (IPO) of Sarvodaya Development Finance (SDF) is set to take place on the 23rd of November, the organization has announced the hosting of an investor forum for investors and analysts.

HNB FINANCE records strong fiscal performance in first half of FY21 22

Businesscafe - HNB FINANCE PLC reported a steady financial growth and performance in its Interim Financial Statements issued for the period ending September 30, 2021 for FY21/22.

Commercial Bank Chairman Justice K. Sripavan and MD Mr S. Renganathan

Businesscafe - The Commercial Bank of Ceylon Group has achieved characteristically equitable growth for the nine months ending 30th September 2021, despite a slowing down in some key contributors in the third quarter of the year.