Category: Business and Economy

Heshani Kaumadi, Co-Founder and Chief Executive Officer of InTalent Asia, recently took home the ‘HR Business Leader of the Year 2022’ award at the recently held CEO Awards 2022. The CEO Awards is a platform created to recognise top performing leaders and achievers in 12 categories, designed to acknowledge business leaders and executives in Sri…

Nissan Motor Co (7201.T) and Renault SA (RENA.PA) stated on Monday they would invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a remodelled alliance announced last week. The move will help assist the falling market shares for the Japanese…

Softlogic Information Technologies Ltd. (SITL) has successfully completed its implementation of the Credit Information Bureau (CRIB) Score data centre infrastructure. CRIB is the first Credit Information Bureau in the South Asian region. For over three decades, CRIB has been one of the pillars of the sound financial infrastructure of the country and tendered its silent…

Singer (Sri Lanka), a company renowned for empowering Sri Lankans with cutting-edge technology, recently launched a brand-new range of all-in-one Flat Panel smartboards to help enhance the learning experience for students and office work within organisations. This latest Smartboard can be used as a computer, projector or electronic whiteboard and makes teaching and learning much…

S/h- a direct appeal to global netizens to support Sri Lankan families and children ‘ World for Lanka’- a web platform designed to appeal directly to global netizens to support Sri Lankan people was launched today. It’s a credible, transparent, and verifiable platform which anyone can use worldwide to help Sri Lanka in this period…

FitsAir, Sri Lanka’s first privately owned international airline, is set to increase international flight offerings with the launch of service to Chennai, India. The new direct flight from Colombo to Chennai is set to commence starting 20th February 2023 and will initially fly three times a week. This will be upgraded to a daily service…

McLarens Lubricants Ltd, a subsidiary of the diversified conglomerate McLarens Group and the authorized distributor for Mobil Lubricants in Sri Lanka, recently held its annual dealer awards night to reward the best-performing dealers from around 3,000 registered retail partners. Selected island-wide top-performing partners participated in this annual event, which was organized as an award ceremony,…

hSenid Business Solutions (hBS) reported its results for the period ended 31December 2022, with revenues up 16 percent year-over-year. Topline growth was supported by its core PeoplesHR Cloud offering, followed by Tracking Solutions. The group recorded 51 percent recurring revenues, driven by PeoplesHR Cloud. hBS continued its growth initiatives during the quarter, particular within the…

HUTCH, the pioneer mobile telecom operator which completed over 25 years of presence in Sri Lanka has yet again shown that it is with the people of the country by introducing a very special calling package to help people manage in the prevailing tough economic climate. The new package provides unlimited FREE calls within the…