Business News

HNB shines at SLIM National Sales Awards 2023 with five accolades

Businesscafe - Reaffirming its commitment to excellence, Sri Lanka's leading private sector bank, HNB PLC, once again emerged triumphant at the prestigious SLIM National Sales Awards (NSA) 2023, with its dedicated staff securing a total of five awards.

ComBank raises Rs 12 bn as Debentures are snapped up on opening day

Businesscafe - The Commercial Bank of Ceylon has raised Rs 12 billion in capital with its Debenture issue closing after over subscription on its opening day, Tuesday 12th December 2023.

RIOCOCO bags two prestigious awards at NCE Export Awards 2023

Businesscafe - RIOCOCO Lanka (Pvt) Limited, the globally known coconut-based growing media manufacturer based in Sri Lanka was recently honored with the National Chamber of Exporters (NCE) Challenge Trophy- the Best Ethical Trading Exporter in the Extra-Large Category at the Annual Export Awards 2023 organized by NCE of Sri Lanka.

Union Assurance Records Double Digit Growth in Q3 2023

Businesscafe - Union Assurance, a leading player in Sri Lanka’s Life Insurance industry, is delighted to announce its outstanding performance in the third quarter of 2023, leaping ahead in the industry across key financial measures.

Ritz Clothing Marks New Chapter with Expansion of Nikaweratiya Factory as Part of Strategic expansion in the country

Businesscafe - Ritz Clothing, a longstanding and respected player in Sri Lanka’s apparel sector, traces its roots back to the visionary initiation of the 200 Factories project of the early 1990s by the late President Mr. Ranasinghe Premadasa.

Seylan Cards pave the way for heartfelt memories this holiday season

Businesscafe - This holiday season, a time that transcends all societal boundaries, Seylan Cards, the Essential Card for Heartfelt Essentials, launched their seasonal campaign for its valued customers, teaming up with a wide array of renowned merchants throughout the nation.

 Commonwealth Trade and Investment Summit

Businesscafe - Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and Investment Summit (CTIS) held in London recently.

CSE hosts the Awards Ceremony for the Advanced Diploma in Financial Markets for batch six 2023

Businesscafe - The Colombo Stock Exchange (CSE) recognized the students from batch six of the Advanced Diploma in Financial Markets (ADFM) at a ceremony, which was held recently at the Union Ballroom, Hilton Residencies Colombo.

DSI Sri Lanka s No 1 footwear company concludes the first phase of the Fun Souls program Sihina Piyaman

Businesscafe - With giving back to the community always at heart, DSI’s Fun Souls recently initiated the first step of its “Sihina Piyaman” CSR project, which was launched on Children’s Day, in hopes of bringing a smile on the faces of all children in the Island Nation.

Sineth and Ranithma wins U19 Singles titles at 71st National Badminton Championship

Businesscafe - In the 71st National Badminton Championship organized by Sri Lanka Badminton, Sineth Manthuka Rupathunga managed to win the under-19 boys' singles title, while Ranithma Liyanage won the girls' singles title in the same age group.