Business News

Fentons Smart Facilities Enhances Service Excellence by Joining IWFM

Businesscafe - Fentons Smart Facilities (FSF), the sole facility management service provider in Sri Lanka to receive ISO 41001:2018 Facility Management System certification, is excited to announce its corporate membership in the Institute of Workplace and Facilities Management (IWFM).

Cable Solutions Limited debuts trading on the CSE

Businesscafe - The shares of Cable Solutions Limited (CODE: CSLK-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 14th August 2024.

AMW unveils all new line of AMW Katana Tyres for Yamaha motorcycles and scooters

Businesscafe - Associated Motorways (AMW), a name synonymous with excellence in the automotive industry is proud to unveil its latest innovation in tyre manufacture, the all-new range of AMW Katana Tyres.

Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer

Businesscafe - Union Bank announced the appointment of Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective 16 August 2024.

 Commercial Bank

Businesscafe - The Commercial Bank of Ceylon PLC has announced that it has successfully completed the largest rights issue to date by a bank in Sri Lanka, raising Rs 22.54 billion to increase the Tier I and total capital of the Bank to accommodate and facilitate future business growth.

MAS Holdings Named Official Clothing Partner of the National Paralympic Committee of Sri Lanka for Paralympic Games 2024

Businesscafe - MAS Holdings was announced as the Official Clothing Partner of the National Paralympic Committee of Sri Lanka (NPC) during the official unveiling and handover event on 14th August 2024.

Strong 1H 2024 Performance from Nations Trust Bank PLC

Businesscafe - Nations Trust Bank PLC reported a strong performance in the first half of 2024, achieving a Profit After Tax (PAT) of LKR 8 Bn, up 31% YoY.

HNB Group records Rs 16.2 Bn in PAT for 6 months

Businesscafe - Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months ended June 2024.

 Resilient ComBank maintains growth impetus in Q2 despite external pressures

Businesscafe - Characteristically agile and proactive responses to market-specific dynamics have enabled the Commercial Bank of Ceylon Group to achieve commendable growth in the first half of 2024, despite a reduced topline.

Sampath Bank to Create History as Asia s Best Bank for Corporate Responsibility

Businesscafe - Sampath Bank is set to receive the prestigious ‘Asia’s Best Bank for Corporate Responsibility’ award at the Euromoney Awards for Excellence 2024, to be held on 12th September in Singapore.