Business News

Twitters Research and Development costs increased by 52 YoY with focus on subscription based services

Businesscafe - Twitter released its Q2 2022 report on 22nd of July and it triggered a discussion about how the results missed analysts’ estimates on earnings, revenue, and user growth.

Expolanka Holdings PLC records sustained growth in Q1 FY23

Businesscafe - Expolanka Holdings PLC, Sri Lanka’s leading listed entity with interests in logistics, leisure and Investments, having a global presence in 34 countries and over 70 cities announced their financial performance for the quarter ending 30th June 2022 presenting strong results maintaining its growth momentum over the last several years.

ComBank launches Forex Plus Foreign Currency FD scheme with interest rates of up to 9.5

Businesscafe - The Commercial Bank of Ceylon has announced the launch of a special Foreign Currency Fixed Deposit (FD) scheme in a further response to the requirement to attract investments from foreign sources.

MAS Helps Sri Lankan Athletes Go for the Gold

Businesscafe - Bodyline (Pvt.) Ltd., a subsidiary of MAS Holdings, will be the official clothing partner for the Sri Lanka Athletics– SLA, from 2022 till the Paris Olympics in 2024.

Janashakthi Foundation partners with CEPA and YUMA Foundation to produce Sri Lanka s first Trilingual Inequality Research Report

Businesscafe - Janashakthi Foundation, the Philanthropic arm of Janashakthi Group, partnered with the Centre for Poverty Analysis (CEPA) and YUMA Foundation, to jointly sponsor Sri Lanka’s first Inequality Report.

The Mainstream Moment for Foldable Smartphones Is Here by Dr T. M. Roh

Businesscafe - I have worked my entire career as an engineer, and I have seen many innovations at Samsung that have pushed the limits of what’s possible with smartphones.

Indira Cancer Trust and Ramani Fernando Salons re launch the Hair Donation Programme in Sri Lanka After 5 Years Launch of the Sonduru Diriyawanthi Theme song

Businesscafe - Indira Cancer Trust has once again teamed up with Ramani Fernando Salons to re-launch the much awaited Hair Donation programme in Sri Lanka on 20 July 2022, exactly 5 years after it was first launched on the 20 July 2017.

Emirates to operate additional flight to London Gatwick with third daily service

Businesscafe - Emirates will increase the frequency of its services to/from London Gatwick airport with the addition of a third daily flight, effective 27 July until 3 August 2022.