Business News

Sri Lanka Insurance Corporation General Limited SLICGL Achieves Outstanding Financial Results for the Year 2024

Businesscafe - Sri Lanka Insurance Corporation General Limited (SLICGL) delivered an outstanding performance in 2024, reinforcing its strength and resilience in the industry as the market leader.

Allianz Insurance Lanka Ltd shines at the Great Managers Awards 2024

Businesscafe - Allianz Insurance Lanka Ltd. was recognized once again as a “Company with Great Managers” at the Great Managers Awards 2024, held on 10th April at Cinnamon Grand Colombo.

HUTCH Expands Digital Onboarding for Customers via Singer Branch Network

Businesscafe - In a move to accelerate digital transformation and enhance customer convenience, HUTCH has expanded its ongoing partnership with Singer, Sri Lanka’s foremost consumer durables retailer, to enable wider access to eSIM technology and offer a digitally streamlined onboarding for mobile users across the country.

ComBank supports first Sri Lanka New Zealand Rugby series in 70 years

Businesscafe - The Commercial Bank of Ceylon has pledged its support for New Zealand’s Under 85 KG Rugby Team Tour of Sri Lanka in May 2025, as the Co-sponsor of the Sri Lanka Men’s team.

Union Bank Posts LKR 285 Mn Profit Before Taxes for Q1 2025

Businesscafe - Union Bank of Colombo PLC announced its financial results for the first quarter ended March 31, 2025, highlighting strong loan growth and balance sheet expansion.

Pedro Truebas The Intangible and the Invisible Opens at Lionel Wendt Celebrating 65 Years of MexicoSri Lanka Ties

Businesscafe - In celebration of the 65th anniversary of diplomatic relations between Mexico and Sri Lanka, the Embassy of Mexico in Sri Lanka and the Honorary Consulate of Mexico proudly present The Intangible and the Invisible – an abstract art exhibition by acclaimed Mexican plastic artist and architect Pedro Trueba Zepeda.

FitsAir

Businesscafe - FitsAir, Sri Lanka’s first privately owned international airline and a leading low-cost carrier, is proud to announce the launch of Business Class across its regional network, effective 25th April 2025.

Fcode Labs expands into Europe with key partnership in Sweden

Businesscafe - Fcode Labs, a global software product company based in Sri Lanka, has entered the European market through a new strategic partnership in Sweden.

Alumex PLC and ISMM Forge Alliance to Shape the Future of Supply Chain Management

Businesscafe - Alumex PLC, Sri Lanka’s premier manufacturer of aluminium extrusion products, has reaffirmed its commitment to driving excellence in supply chain management by partnering with the Institute of Supply and Materials Management (ISMM).

Amana Life policyholders enjoy 19 percent return on their Gold Investment Fund

Businesscafe - As global gold prices soar and investors worldwide turn to gold as a trusted store of value, Amana Life Insurance stands out for offering Sri Lankans a rare and rewarding opportunity to invest in gold through life insurance.