Business News

PS expands its network to 200 locations making it the largest quick service restaurant chain in Sri Lanka

Businesscafe - Perera and Sons Bakers (Private) Limited (P&S) has recently reached a momentous achievement in its longstanding history as Sri Lanka’s favorite quick-service restaurant chain.

Teejay Lanka Chairman Mr Ajit Gunewardene and CEO Mr Pubudu De Silva

Businesscafe - Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 with noteworthy revenue and gross profit growth demonstrating its resilience in the face of external challenges and higher taxation that pressured profits in the second half of the year.

Maliban continues to support local farmers with cattle donation

Businesscafe - Maliban releases its 2533rd cattle cow as part of their long-term livelihood development program ‘Maliabn Abhaya Daanya Project’ focused on farmers and their families.

CICT attracts new service to Colombo adds connectivity on USA route

Businesscafe - Colombo International Container Terminals (CICT) has announced the maiden call of a new service to the Port of Colombo that will connect Sri Lanka with the East Coast of the United States via Asia, strengthening another important trade route for exporters and importers and making Sri Lanka more accessible to global markets.

Port City Colombo


Businesscafe - Port City Colombo (PCC), the ground-breaking infrastructure project aimed at reshaping Sri Lanka's economic landscape, celebrated a momentous milestone as its infrastructure development phase nears completion and commercialization is set to begin.

 COYLE s Inaugural General Meeting of 2023 Sheds Light on Sri Lanka Canada Political Landscape and Business Challenges

Businesscafe - The Chamber of Young Lankan Entrepreneurs (COYLE) kicked off its series of monthly meetings for 2023 with an insightful discussion led by Mr. Eric Walsh, the distinguished High Commissioner of Canada to Sri Lanka and the Maldives.

DFCC Bank Delivers Strong Financial Performance Despite Adverse Market Conditions

Businesscafe - The following commentary relates to the unaudited Financial Statements for the period ended 31 March 2023, presented in accordance with Sri Lanka Accounting Standard 34 (LKAS 34) on “Interim Financial Statements”.

Finnair addresses the excess carry on baggage issue with the new Superlight ticket type and changes to baggage allowances

Businesscafe - Finnair is introducing a new Superlight ticket for journeys within Europe and making changes to its baggage allowances as of 1 June.

SLT MOBITEL introduces the revolutionary ONE SHOT package with truly unlimited benefits

Businesscafe - Reaffirming its excellence in setting new benchmarks in the telecommunication industry, SLT-MOBITEL Mobile has introduced the revolutionary ONE SHOT all-in-one package with truly unlimited benefits for consumers.

Brandix extends collaboration with Global Water Partnership to empower youth engagement

Businesscafe - Sri Lanka’s premier apparel solutions provider, Brandix Apparel Limited (BAL), signed a partnership agreement with Global Water Partnership (GWP) recently to strengthen joint efforts to advance youth engagement with water and sustainability.