Business News

CDS and Sampath Bank sign MOU to Streamline Foreign Investor Onboarding through Digital Integration

Businesscafe - The Central Depository Systems (Pvt) Limited (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Sampath Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for non-resident foreign individuals (FIs) in Sri Lanka.

USBus Mobile American Space Begins Nationwide Journey Across Sri Lanka

Businesscafe - Sarvodaya Fusion, with support from the U.S. Embassy in Sri Lanka, launched USBus - a mobile American Space initiative aimed at expanding access to educational and cultural resources across the country.

Another 43 Ceylinco Life sales officers graduate with diplomas in Financial Sales Management

Businesscafe - A group of 43 sales officers of Ceylinco Life recently graduated with diplomas in Financial Sales Management, under a programme tailor-made for the life insurance market leader by the Sri Lanka Institute of Marketing (SLIM).

SUNGROW continues E. B. Creasy Solar collaboration with the launch of Energy Storage Systems

Businesscafe - SUNGROW, a global leader in the solar energy industry, having partnered with E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, celebrated the launch of SUNGROW Energy Storage Systems for the first time on the local market.

 IPD Colombo and SLIIT Partner to Establish State of the Art Power Systems Laboratory

Businesscafe - In a landmark collaboration aimed at enhancing industry-ready education for engineering students, IPD Colombo (Pvt) Ltd. has partnered with the Sri Lanka Institute of Information Technology (SLIIT) to launch the first-ever IPD Power Systems Laboratory at the SLIIT Malabe campus.

APB Acknowledges Role of Bank Coordinators in Advancing Strategic Alliances

Businesscafe - The Association of Professional Bankers of Sri Lanka (APB) recently hosted a successful Bank Coordinators’ Event at The Kingsbury Hotel, Colombo.

Shangri La Colombo Unveils a New Collection of Artisanal Chocolate Cakes

Businesscafe - Shangri-La Colombo has officially lifted the cloche on its newest culinary temptations : a thoughtfully curated collection of artisanal chocolate cakes, launched at an exclusive cake tasting ceremony held this week.

Nishendra Herat CFA Chairperson of the Best Investor Relations Award Committee

Businesscafe - Now marking its 12th year, the CFA Society Sri Lanka Capital Market Awards is to be held on 24 June 2025, at Cinnamon Life at City of Dreams.

Enfection wins Global Recognition at coveted The Drum Awards for AI Driven Creativity

Businesscafe - In a landmark achievement for the Sri Lankan marketing and technology industry, local agency Enfection, in partnership with Keells, secured a Silver Award at the prestigious The Drum Awards Asia Pacific 2025 under the category ‘Use of AI’.

Futurecrafting Digital Sorcery SLIM Launches DIGIS 2.5

Businesscafe - The Sri Lanka Institute of Marketing (SLIM) has officially announced the launch of SLIM DIGIS 2.5, the country’s premier platform recognizing innovation and impact in digital marketing.