Business News

 Select by Daraz brings authentic spices to your doorstep

Businesscafe - Daraz’s private label brand “Select by Daraz” takes its endeavour of supporting local communities further with the launch of a groceries range comprising of spices, seeds, and staples that are 100% ethically sourced.

U Softo

Businesscafe - U Softo, the everyday wear footwear brand of D. Samson Industries (Pvt.) Ltd., is a staple footwear brand in Sri Lanka that is synonymous with ultra-comfort, quality, and durability.

Seylan Bank recognized as Category Accelerator at Daraz Partner Performance Awards

Businesscafe - Seylan Bank was recognized for its commitment towards successful performance at the Daraz Partner Performance Awards held recently.

S lon relocates its Jaffna re distribution centre to provide better service

Businesscafe - S-lon Lanka (Pvt) Ltd, the market leader in the thermoplastic pipes & fittings industry, recently relocated their re-distribution centre in Jaffna to an all-new location with the objective of further enhancing convenience and quality of service for their valued customers and supporting their retail partners.

 Redefining technology E Gravity launches award winning Sri Lankan product

Businesscafe - Gravity, a 100% Sri Lankan Engineering company, has won numerous awards over its wonderful innovations.

 Samsung unveils new flagships and wearables at Galaxy Unpacked 2022

Businesscafe - Samsung Electronics at the Galaxy Unpacked event recently announced the next generation of groundbreaking foldable smartphones: Galaxy Z Flip4 and Galaxy Z Fold4.

Versatile Business and People s Professional Ken Vijayakumar Elected President CIPM Sri Lanka

Businesscafe - Ken Vijayakumar, a versatile business, and People’s professional, currently holding the position of Deputy General Manager – Human Resources, Administration, Purchasing and Sustainability at A. Baur & Company (Pvt.) Ltd was elected as President of CIPM Sri Lanka, the Nation’s leader in human resource management, at its Annual General Meeting held recently.

High impairment provisions neutralise solid 6 month operational growth of ComBank Group

Businesscafe - The Commercial Bank Group has reported a six-month financial performance that mirrors the impacts of the country’s macro-economic variables, with solid operational gains negated by extraordinary provisioning in the second quarter for impairment charges and other losses.

 Elephant House and Cleantech launches a Recyclable Material Recovery Facility

Businesscafe - Elephant House together with Cleantech, recently partnered to operate another Material Recovery Facility (MRF) ” to further promote recycling and better plastic waste management practices across the country.

A R Rasiah Chairman of Hela Apparel Holdings and Dilanka Jinadasa Group CEO of Hela Apparel Holdings

Businesscafe - Hela Apparel Holdings PLC recorded an impressive start to the financial year, with revenue growing by 114% year-on-year to Rs. 24.5 Bn in the first quarter.