Business News

SLAAQP convenes global quality leaders at ICQCC 2024

Businesscafe - The International Convention on Quality Control Circles (ICQCC) 2024, organized by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), concluded successfully on November 11-13, 2024, at the BMICH and Mount Lavinia Hotel in Colombo.

Nations Trust Bank PLC records strong 3Q 2024 performance with 24 ROE

Businesscafe - Nations Trust Bank PLC reported a strong performance for the nine months ending 30th September 2024, achieving a Profit After Tax (PAT) of LKR 12 Bn, up 29% YoY.

SLT MOBITEL achieves financial recovery in Q3 2024

Businesscafe - SLT-MOBITEL Group has reported a Profit After Tax (PAT) of Rs. 1,093 million for Q3 2024, compared to a loss of Rs. 1,543 million for the same period last year, demonstrating a significant 171% turnaround in bottom-line performance.

ComBank accelerates lending in Q3 as strong fundamentals spur growth

Businesscafe - The Commercial Bank of Ceylon Group has achieved impressive growth at the end of the third quarter of 2024 by banking on judicious portfolio management and continued improvement of its CASA ratio to counteract the impacts of reduced interest income in prevailing market conditions.

Celebrating 82 years of culinary excellence Chinese Dragon Cafe reaches a new milestone

Businesscafe - Chinese Dragon Café, Sri Lanka’s pioneering Chinese restaurant chain, recently celebrated its 82nd anniversary.

Shangri La Colombo Presents The Great Italian Feast with Michelin Starred Chef Alfonso Caputo

Businesscafe - Shangri-La Colombo is set to host an extraordinary gastronomic event, The Great Italian Feast, from 21st to 23rd November 2024.

ICT Sector Explores Unlocking Value and Funding Opportunities Through the Capital Market

Businesscafe - The Colombo Stock Exchange (CSE) and U.S. Agency for International Development (USAID) together with SLASSCOM and FITIS, recently hosted a forum titled ‘Unlocking Value via Capital Markets and Funding Options for the IT Sector’.

DIMO drives agri mechanisation through the Mahata Wahina Wasi Wassa initiative Successfully completes phase one

Businesscafe - DIMO, a leading diversified conglomerate in Sri Lanka, launched the ‘Mahata Wahina Wasi Wassa’ initiative to empower farmers by offering free laptops, tabs, electric bicycles and overseas travel opportunities with each Mahindra tractor purchase.

INSEE Industrial Conference 2024 Sparks Transformation in Sri Lanka s Construction Sector

Businesscafe - INSEE Cement successfully launched its inaugural INSEE Industry Conference 2024 on November 07th at the Courtyard by Marriott Colombo, marking a pivotal event for Sri Lanka’s construction industry.

NDB Bank Employees Volunteer for Beach Clean Up at Kapumgoda

Businesscafe - NDB Bank recently organised a beach clean-up initiative at Kapumgoda Beach, Pamunugama, as part of the Bank’s "Adopt a Beach" project.