Category: Business and Economy

hSenidBiz’s PeoplesHR Cloud Drives 1Q FY25 Success, Exit ARR Hits $3.5 Million

hSenid Business Solutions (hBS) announced its financial results for the quarter ending June 30, 2024, reporting a significant year-over-year growth of 30.5 percent, with total revenue reaching LKR 466.0 million. The PeoplesHR Cloud business continued to be the primary driver of growth showcasing a year-over-year growth of 27.9 percent. Recurring subscription revenues accounted for 84.9%…

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Diva Celebrates Winners of โ€˜DIVA Daathata Diriyakโ€™ Entrepreneurial Skills Development Programme in Uva Province

The โ€˜DIVA Daathata Diriyakโ€™ Entrepreneurial Skills Development Programme organised by Diva, the flagship laundry care brand by Hemas Consumer Brands in partnership with Women in Management (WIM), has continuously empowered women with the knowledge, skill and confidence required to navigate the entrepreneurial challenges faced in todayโ€™s economic landscape. Diva recently hosted an exclusive event to…

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CPA Australia signs MoUs with key institutions for future growth

CPA Australia, one of the worldโ€™s largest professional accounting organizations with over 173,000 members in over 100 countries, hosted โ€˜The Presidentโ€™s Cocktailโ€™ in Colombo. The event was graced by the presence of Chief Guest, Hon. Dr. Susil Premajayantha, Minister of Education, and Guests of Honour, Professor Sampath Amaratunge, Chairman of the University Grants Commission, and…

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Kelaniya Toastmasters Club Celebrates Fourth Officer Installation and New Member Induction Ceremony with Enthusiasm and Elegance

The Kelaniya Toastmasters Club hosted its highly anticipated fourth officer installation and new member induction ceremony on 27th July 2024 at the prestigious Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. Held under the theme “To Infinity and Beyond,” the event symbolized the club’s unwavering commitment to personal growth and excellence, promising to propel its…

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Hayleys Solar Successfully Commissions Sri Lankaโ€™s Largest Solar-Powered Battery Energy Storage System

Hayleys Solar, the leading player in Sri Lanka’s renewable energy industry and the renewable energy arm of Hayleys Fentons, has completed a groundbreaking project for the Watch Tower Bible and Tract Society of Lanka. The project establishes Sri Lankaโ€™s largest non-government-funded battery energy storage system (BESS), powered by solar photovoltaic (PV) technology. The Battery Commissioning…

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Alumex PLC Crowned with Pinnacle Gold Award for Manufacturing Engineering Sector at National Business Excellence Awards 2024

Alumex PLC, the leading and most trusted brand in the aluminium extrusion industry, has achieved a remarkable milestone by securing the prestigious Gold Award for the Manufacturing Engineering Sector at the National Business Excellence Awards 2024. This highly coveted award recognises Alumex PLC’s excellence in business and its contribution to the economic progress of the…

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DIMO Drives Sri Lanka Forward with Mercedes-Benz EQ

DIMO, a pioneer in the automobile industry and the exclusive Authorized General Distributor for Mercedes-Benz in Sri Lanka marks a new era in the luxury vehicle market with the Mercedes-Benz EQ range, facilitating an authentic experience of sustainable automotive luxury while upholding the highest ethical standards and compliance with national regulations. Leading the charge in…

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Exciting Times Ahead for Nex-Gen Engineering Studio

New corporate office unveils a new trajectory for innovation and growth Nex-Gen Engineering Studio has expanded to No. 100, Vinayalankara Mawatha, Colombo 10, to a newly dedicated corporate space. This is a significant milestone for the Nex-Gen Engineering team as they continue to expand and broaden their presence in the country. With hundreds of active…

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UBION and KOICA conduct a Career Guidance Policy Workshop with Key Stakeholders of the TVET Career Platform Project

UBION, a Korean Edtech company along with Korea International Cooperation Agency (KOICA), in partnership with Sri Lankaโ€™s Tertiary and Vocational Education Commission (TVEC), recently hosted the Career Guidance Policy Workshop at the Monarch Imperial Hotel, on the 16th of July 2024. The exclusive event hosted key stakeholders from the Ministry of Education, to discuss and…

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Huawei Kepler Platform OptiX OSN 9800 K36 Wins Red Dot Design Award 2024

Huawei Kepler Platform OptiX OSN 9800 K36 has been awarded the prestigious Red Dot Design Award 2024. This recognition highlights the productโ€™s design excellence in digital intelligence, ultra-high capacity, innovative dual 3D orthogonal architecture, ultra-high integration, and ultra-strong intelligence. These features enable the subrack to seamlessly combine high-quality design with advanced functionality. Huawei OptiX OSN…

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