Business News

Huawei releases 2021 Annual Report

Businesscafe - Huawei released its 2021 Annual Report recently, revealing that the company had maintained solid operations throughout the past year.

AIA Insurance globally recognised as the Best Life Insurance Company in Sri Lanka for the 3rd time

Businesscafe - AIA Insurance has yet again been globally recognised as the Best Life Insurance Company, for the 3rd time.

 Cathay Pacific introduces 24x7 WhatsApp chat customer support service in Sri Lanka

Businesscafe - Cathay Pacific is making it easier for customers to manage their bookings and answer their queries.

 South Asia Textiles on par with global standards in employee safety and environmental sustainability

Businesscafe - South Asia Textiles (SAT), a leading manufacturer and exporter of textiles, has received ISO 14001 and ISO 45001 certifications for elevating its environmental sustainability and employee health and safety systems on par with global standards.

 Emirates Aviation University holds 5th annual Water Rocket Competition in collaboration with Boeing

Businesscafe - The Emirates Aviation University has held its 5th annual Water Rocket Competition, in collaboration with Boeing.

 Kia wins European Car of the Year 2 Red Dot Design awards 8 Travel Safety awards

Businesscafe - New cars are in short supply in Sri Lanka, but owners of Kia automobiles have cause to cheer the popular Korean nameplate which has roared into 2022 winning the coveted European Car of the Year award, two Red Dot Design awards and a remarkable eight Top Safety Pick (TSP) awards from the Insurance Institute for Highway Safety (IIHS).

ComBank notches up another first with special Home Loan scheme for first timers

Businesscafe - Sri Lankans aspiring to build or buy their first home with bank loans will receive a significant financial concession from the Commercial Bank of Ceylon with the introduction of a new Home Loans product that offers a free or discounted Decreasing Term Assurance Policy (DTAP) covering the loan.

Colombo Stock Exchange

Businesscafe - The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2022 March ad-hoc index rebalance due to the amalgamation of Commercial Leasing and Finance PLC with LOLC Finance PLC after which Commercial Leasing and Finance PLC would cease to exist.

HNB BCAS campus partnership to offer convenient education loans and digital banking solutions

Businesscafe - Facilitating higher education opportunities for school leavers, Sri Lanka’s premier private bank HNB PLC, partnered with the esteemed British College of Applied Studies (BCAS) Institute to offer educational loans with low interest rates to students and a range of digital banking solutions to the Institute.