Business News

Spring Summer to support local economy with international retail

Businesscafe - Spring & Summer launched their new global platform - www.springandsummer.co, in August 2022, with the overarching objective to cater to local and international communities of global shoppers, with world-wide shipping.

Tea Exporters Association Sri Lanka Hosts its 23rd AGM

Businesscafe - Tea Exporters Association (TEA) Sri Lanka held its 23rd Annual General Meeting on the 9th of September 2022, at the Oak Room, Cinnamon Grand, Colombo.

Emirates and United Expand Market Presence Through New Agreement

Businesscafe - Emirates and United have announced a historic commercial agreement that will enhance each airline’s network and give their customers easier access to hundreds of new destinations* within the United States and around the world.

SANASA Life records the fastest growth rate in the life insurance industry in 2022 Q2

Businesscafe - Despite the adverse socio-economic challenges in the country, SANASA Life Insurance Company has reassured their position to be the Fastest Growing Life Insurance Company in Sri Lanka.

Xeneta Raises $80 Million led by Apax Digital

Wednesday, 14 September 2022 09:12

Xeneta Raises 80 Million led by Apax Digital

Businesscafe - Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today announced an $80 million investment at a $265 million valuation led by funds advised by Apax Digital, the growth equity arm of Apax, a leading global private equity advisory firm, with participation from NY-based Lugard Road Capital.

Ethihad Cargo Expands Operations in China Offering Additional Belly Hold Capacity to Guangzhou

Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will reinforce its commitment to the China market with the introduction of an additional 30 tonnes of belly capacity via two new weekly direct passenger flights to Guangzhou from 10 October, subject to regulatory approvals.

 Lanka Hospitals unveils all new Maapiya Mother Baby Care Brand and Service Range

Businesscafe - Lanka Hospitals has officially unveiled ‘Maapiya’, an all-new mother and baby care brand and service range.

CICT named Best Container Terminal of its capacity in Asia for 6th successive year

Businesscafe - Colombo International Container Terminals (CICT) has been crowned the Best Container Terminal in Asia in the Under 4 million TEUs category for the sixth consecutive year, in just seven full years since it commenced full operations in mid-2014.

Sri Lankan Airlines join hands with HNB for global digital payment needs

Businesscafe - Establishing its presence as a global digital payment solutions provider, Sri Lanka’s leading Merchant Acquiring bank, HNB PLC, signed on as Internet Payment Gateway Provider for the national carrier, Sri Lankan Airlines.

 Brandix recommences its Blood Donation Drive to give back to Sri Lanka

Businesscafe - With caring for the people, the planet and its communities sewn into the very fabric of its operations, Brandix has once again launched its Blood Donation Drive for the year 2022.