Business News

Commercial Bank Chairman Justice K. Sripavan and MD Mr S. Renganathan

Businesscafe - The Commercial Bank Group has ended 2021 with gross income of Rs 163.675 billion, an improvement of 7.70%, with interest income accounting for more than 80% of the top line in a year of mixed fortunes.

Union Assurance Circle of Excellence Relaunches with Bigger Better Rewards

Businesscafe - Union Assurance Circle of Excellence, the most exclusive Bancassurance rewards scheme in the Sri Lankan Insurance industry, has been relaunched with a bigger and better rewards scheme to recognise the company’s high-performing Insurance Relationship Officers (IROs), Regional Managers, and Zonal Managers.

Introducing Super 3 : the all-new Morgan

Thursday, 24 February 2022 16:53

Introducing Super 3 the all new Morgan

Businesscafe - The Morgan Motor Company today unveils Super 3, one of the most intriguing and distinctive vehicles the company has ever built.

SLID Young Directors Forum to Refresh the Boardroom with Young Talent

Businesscafe - The Sri Lanka Institute of Directors (SLID) recently launched its Young Directors Forum (YDF) with the aim of grooming young talent to take up positions in the Boardrooms of corporate Sri Lanka as well as in the public sector/State-Owned Enterprises.

Sri Lanka Best Property Developer Home Lands Skyline was assigned a National Long Term Rating of A lkaStable by Fitch Ratings

Businesscafe - Home Lands Skyline was assigned a National Long-Term Rating of ‘A(lka)’ with a Stable Outlook by Fitch Ratings which is a reliable international agency that is located in more than 30 countries and controls approximately 15% of the ratings market.

Gihan Cooray Chariman Nations Trust Bank and Priyantha Talwatte CEO Director Nations Trust Bank Left to Right

Businesscafe - The Group achieved a record Profit Before Tax of LKR 10.4 billion, for the twelve months ended 31st December 2021 – a growth of 38% compared to the previous year, despite the challenging operating environment experienced during the period.

ACCA declares ComBank Overall Winner Best Among Banks for Sustainable Reporting Image 1

Businesscafe - The Commercial Bank of Ceylon was crowned the overall winner for its Annual Report 2020 which was also adjudged the best in the Banking sector at the Sri Lanka Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA) Sri Lanka.

Successful Venture Engine Finale kickstarts local startup sector

Businesscafe - Venture Engine is once again taking up the mantle of kickstarting Sri Lanka’s startup sector.

 Ceylinco Life Chairman R Renganathan and Ceylinco Life Managing Director CEO Thushara Ranasinghe

Businesscafe - Ceylinco Life has retained its market leadership in Sri Lanka’s life insurance sector for the 18th consecutive year with gross written premium income growing by 15.8 per cent to Rs 25.565 billion for the 12 months ending 31st December 2021.

APIDM Partners with the Department of Marketing Management of the University of Kelaniya for Digital Outlook Sri Lanka 2022

Businesscafe - The Asia Pacific Institute of Digital Marketing (APIDM), the leading institute for Digital Marketing Education & Skill Training in Sri Lanka, signed an MoU agreement with the Department of Marketing Management (DMM) of the University of Kelaniya on the 9th of February 2022, to publish the Digital Outlook 2022 Sri Lanka Annual Market Insights report.