Business News

Samsung Private Share and Knox Vault Allowing you to maintain a Shared Personal and Business Smartphone

Businesscafe - If you’ve ever broken into a cold sweat after almost posting a work file to your social media or accidentally shared a selfie on your work account, then you know the comedy of errors that is having a shared personal and business phone.

Seylan Cards collaborates with Vision Care ensuring affordable quality optical and auditory services

Businesscafe - Seylan Cards, the Essential Cards for Heartfelt Essentials, recently entered into a partnership with Vision Care, the leading opticians in Sri Lanka.

ComBank AMW bring back popular lease promo for New Holland tractors

Businesscafe - Local cultivators can once again profit from a collaboration between the Commercial Bank of Ceylon PLC and Associated Motorways (Private) Limited (AMW), which will enable them to enjoy leasing facilities for New Holland tractors with a series of special benefits including a price discount of Rs. 135,000.

John Keells Properties Reintroduces Freedom Mortgage with HNB

Businesscafe - John Keells Properties, revolutionizing urban living experiences, reintroduces ‘Freedom Mortgage’ for TRI-ZEN Apartments.

Daraz Verified set to elevate the online shopping experience for Sri Lankans

Businesscafe - Daraz recently announced the roll-out of its ‘Daraz Verified’ programme that aims to elevate the shopping experience on the Daraz platform by adding a further layer of reliability, safety and trust for products sold online.

Sri Lankan candidate Dihan Udugampola achieves rapid success at CFA exams

Businesscafe - The CFA Program is considered one of the highest distinctions in the investment management profession, with the Chartered Financial Analyst® (CFA®) qualification enabling candidates to acquire the knowledge and skills required to thrive in the competitive capital markets industry.

32nd Annual Blood Donation program of Shinnyo en Lanka Preschool Saving lives by spreading compassion across the nation

Businesscafe - Shinnyo-en Lanka Preschool, a prestigious preschool education institution owned and operated by Shinnyo-en Japan is extremely pleased to announce its upcoming 32nd Annual Blood Donation drive.

Gamer LK sets the stage for Sri Lanka s ultimate female Esports event Women s Cyber Games to return for the 5th year

Businesscafe - Gamer.LK, the leading Esports organisation in Sri Lanka is excited to unveil the fifth edition of the Women’s Cyber Games, the largest female-only Esports event in the country.

Historic Visumpaya Property to be Revitalized by Hunas Holdings PLC and Renowned Hotelier Adrian Zecha

Businesscafe - In an exciting development that seeks to revive our island's proud heritage, the Urban Development Authority (UDA) has signed an agreement to lease on long term the prestigious 'Visumpaya' property, located at No. 25, Lillie Street, Colombo 2, to Azotels and Hunas Holdings PLC together with its Consortium.

World Shipping Council

Businesscafe - At MEPC 80, IMO member nations met the shipping industry’s call for action on climate, setting a target of net-zero GHG emissions by 2050 and interim targets for 2030 and 2040.


Most importantly, the updated GHG strategy now sets a clear timeline for the development of the lifecycle-based global fuel standard and economic instrument, to be agreed by 2025 and ready for implementation in 2027.

“This marks a new beginning for shipping’s energy transition, with clear goals and milestones.


There is much to do, and carriers are eager to continue the work together with regulators, fuel providers and technology providers to reach our shared climate targets,” says John Butler, President & CEO of the WSC.

“Liner shipping is already investing in renewable fuel-ready ships, and today’s decision broadcasts a strong global signal for investment to the entire maritime sector.


We are counting on the IMO member nations to press on with the important work of developing and adopting a robust regulatory framework that will make these fuels available and competitive.


The next two years will be critical – for 2050 targets to be achievable IMO member nations must develop and agree on a lifecycle-based global fuel standard and economic measure by 2025, so they can be implemented by 2027,” John Butler continues.

The Liner fleets readiness to achieve GHG reductions creates a demand signal for renewable energy production and supply, but for renewable fuel suppliers to bring production to scale globally this must be matched by regulatory clarity.

Charting the path to decarbonisation

As outlined by WSC in the Six Critical Pathways, reaching net-zero by 2050 will require a range of global regulatory initiatives, each addressing different aspects of the transition.

Learn more here: https://www.worldshipping.org/pathways-to-zero-carbon-shipping