Business News

SLT Group achieves stable revenues for Q1 remaining resilient despite challenges

Businesscafe - Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, recorded positive consolidated revenues of Rs. 26.6 Bn for Q1 2023, an increase of 2.1%, compared to the same period last year, led by robust growth at company level from SLT, demonstrating resilience and optimism in the future undeterred by the challenging environment.

Sampath Bank maintains a strong value proposition to all its stakeholders amidst ongoing economic challenges

Businesscafe - Sampath Bank continued to reinforce its commitment to all stakeholders notwithstanding the ongoing economic challenges.

ComBank Group s deposits pass Rs 2 Trillion threshold in Q1 amidst challenges

Businesscafe - The Commercial Bank of Ceylon Group’s deposit base has surpassed Rs 2 trillion, a milestone it achieved in the first quarter of 2023 despite the continuing impacts of mercurial exchange rates and market interest rates, and the effects of the economic downturn on multiple sectors of business.

Mastercard collaborates with Maldives Transport and Bank of Maldives to enable digital payments acceptance on the country s public transport network

Businesscafe - Mastercard has partnered with Maldives Transport & Contracting Company (MTCC) and Bank of Maldives (BML) to roll out the first multi-model, open loop transit payment and digital ticketing system in South Asia.

Etihad Cargo Awaeded Advanced Rating by TIACA for Decarbonisation Initiatives

Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved a major milestone in its sustainability journey, achieving advanced ratings for key criteria in the BlueSky Sustainability Verification Programme assessment.

Introducing the all new Dandex Head Hair range 2 in 1 haircare solution for women

Businesscafe - Dandex, a leading haircare brand from Hemas Consumer Brands, introduces Dandex - Head & Hair, an all-new range of haircare solutions especially formulated for women.

7 Degrees Restaurants

Businesscafe - 7 Degrees Restaurants, a new and exciting addition to Colombo’s nightlife and entertainment scene has been open to the public since December 2022.

Sri Lankans Feel the Love This Mothers Day on TikTok

 

Businesscafe - The role of a mother in the lives of her children is huge.

Emirates creates US 200 million aviation sustainability fund

Businesscafe - Emirates, the world’s largest international airline, has announced it has committed US$ 200 million to fund research and development (R&D) projects focussed on reducing the impact of fossil fuels in commercial aviation.