Business News

Colombo Stock Exchange

Businesscafe - The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2021-year end index rebalance.

 DFCC Bank partners with UTE to offer exclusive leasing solutions

Businesscafe - DFCC Bank, the premier commercial Bank in Sri Lanka, announced the signing of a Memorandum of Understanding (MoU) with United Tractors and Equipment (Private) Limited (UTE) to offer exclusive leasing solutions to customers that purchase machinery & equipment from UTE.

Sri Lanka Apparel Exporters Association Chairman Mr. Aroon Hirdaramani

Businesscafe - Sri Lanka’s apparel industry expressed confidence in reaching its target of $8 billion in export earnings by 2025, by implementing the concerted initiatives put in place by the sector, in collaboration with the authorities.

HNB partners with Home Lands Skyline to offer special housing loans

Businesscafe - Sri Lanka's most customer-friendly bank HNB PLC, announced the renewal of an exclusive partnership with leading property developer and real estate giant Home Lands Skyline to offer prospective home owners loans at special rates with value additions across its extensive property portfolio.

 Nawaloka Hospitals secures a gold award at CA Sri Lankas Annual Report Awards 2021

Businesscafe - Pioneering healthcare provider Nawaloka Hospitals, recently secured the highly coveted gold award for exceptional integrated financial reporting practices within the healthcare sector, at the CA Sri Lanka's 56th Annual Report Awards.

NCINGA empowers Telecom Fiji

Friday, 17 December 2021 03:45

NCINGA empowers Telecom Fiji

Businesscafe - NCINGA (Pvt) Ltd, one of Sri Lanka’s leading IT solution providers, continues to advance the emerging markets in the telecommunications industry, acting as a powerful force behind the Infrastructure development of Telecom Fiji in the Fiji islands, located in the Pacific Ocean.

Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of LOLC General Insurance Limited, through an Offer for Sale of 120,000,000 Ordinary Voting Shares at a price of Rs. 7.90 per Share, which opened today (16th December 2021) was oversubscribed on the initial day itself.

SLT Campus

Businesscafe - Based on a stock exchange filing by Sri Lanka Telecom PLC, a publicly traded company, it is learnt that the organisation has divested SLT Campus (SLTC), its education business recently.