Business News

 rebels vs evil empire

Businesscafe - The big corporations that own online platforms are weaponising their gift of ‘free’ services at the concealed cost of our freedom and privacy.

H2 Industries set to clear the oceans of plastic waste and produce clean fuel from innovative ship design 

Businesscafe - H2-Industries and TECHNOLOG Services, a naval architecture company, have joined forces to develop 3D designs for an innovative concept ship that will collect plastic waste that currently blights the world’s oceans and then converts it into clean hydrogen, allowing surplus hydrogen to be shipped back to shore.

European Investment Bank

Businesscafe - The Board of Directors of the European Investment Bank (EIB) today approved EUR 7.3 billion of new financing to accelerate climate action by companies and utilities, enhance civil protection from a more extreme climate and other disasters and confirmed EUR 4 billion for housing, health and education investment in countries welcoming refugees from the conflict in Ukraine.

Emirates and Dilmah Tea celebrate 30 years of partnership

Businesscafe - Emirates and Dilmah Tea have enjoyed a longstanding partnership of brewing the finest teas on board and in Emirates’ airport lounges around the world for the past 30 years.

Q Payment App now enables payment of dues on credit cards of other banks

Businesscafe - Users of Commercial Bank of Ceylon’s popular Q+ Payment App can now settle the outstanding due on credit cards issued by other banks via the in-app Bill Payments option, in addition to settling dues on credit cards issued by Commercial Bank.

Sri Lankas National Institute of Business Management Installs Facial Recognition System

Businesscafe - National Institute of Business Management (NIBM), one of the leading higher educational institutions in Sri Lanka, announced on Monday that it has deployed facial recognition technology.

 Morgan Sennheiser and Continental Celebrate Quality of Sound with Technology Partnership

Businesscafe - Morgan Motor Company is excited to announce it has entered into a technology partnership with audio specialist, Sennheiser.

 LEVC CELEBRATES MILESTONE OF 7000 GLOBAL ELECTRIC TAXI SALES

Businesscafe - LEVC (London Electric Vehicle Company) is today marking a major milestone of 7,000 global sales of its world-famous TX – the world’s most advanced electric taxi.

Dumith Fernando and Dilshan Wirasekara

Businesscafe - The Chairman of the Colombo Stock Exchange (CSE) Dumith Fernando who has served in this role since July 01, 2020, has informed the Board of his intention to retire by rotation on June 23, 2022 at the conclusion of his current term as a Director.

New Anthoneys Farms Chairman Co Founder Emil Stanley and CEO Neil Suraweera left to right

Businesscafe - With the view of ensuring consumers continue to enjoy their favorite chicken brand, New Anthoney’s Farms (Private) Ltd, a name synonymous with the domestic poultry sector recently reaffirmed its position to provide adequate and uninterrupted supply of its meat range amidst feed shortages and the growing challenges facing Sri Lanka’s economy.