Category: Business and Economy

hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the second quarter of FY2026, reporting robust topline performance and substantial margin expansion as the Company approaches a critical profitability milestone. Total revenue for the quarter reached LKR 516.9 million, reflecting year-over-year growth of 23 percent in both LKR and USD constant currency terms. The…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce Bybit Pay’s debut in Sri Lanka, adding a brand-new destination in Bybit Pay’s global footprint. The initial rollout covers 50 physical point-of-sale and 50 digital merchant activations, creating a comprehensive presence across retail, service, and online commerce in Sri Lanka’s emerging digital…

In 1997, when Sri Lanka’s ICT sector was still in its formative years, one determined entrepreneur, Mr. Amalrajah Jayaseelan, saw an opportunity. What started as a focused venture in networking solutions, storage media, and printer consumables quickly developed into one of the most trusted names in ICT distribution in the country. ABC Trade & Investments…

In a landmark initiative aimed at empowering Sri Lanka’s healthcare professionals with advanced radiology knowledge, DIMO Healthcare, the healthcare arm of DIMO, recently collaborated with the non-governmental organization Radiology Across Borders (RAB) to host a series of educational sessions on RAB VITAL Ultrasound Scanning. This marks the first time such specialized RAB-led training sessions have…

Policybazaar.com, one of India’s largest insurance platforms, has announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE. With this move, Policybazaar becomes one of the first India-based intermediaries to introduce a technology-driven reinsurance model across Asia and the Middle East, regions that are rapidly growing yet continue to face…

Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to build on its strong start to the year, delivering an impressive performance across all sectors during the first half of FY26 (1HFY26). The Group recorded a consolidated revenue of LKR 32.3 billion in 1HFY26, up 7.4% year-over-year (YoY), primarily driven by continued expansion in…

David Pieris Motor Company (Private) Limited (DPMC), Sri Lanka’s largest automotive company, has been recognised with the Merit Award of the ‘Ian Dias Abeysinghe Memorial JASTECA CSR / Sustainability Award’ at this year’s awards ceremony. The Japan Sri Lanka Technical and Cultural Association (JASTECA) is a renowned organisation that promotes Japanese management philosophies, technical collaboration…

Global apparel-tech conglomerate MAS Holdings emerged as one of the most lauded organisations at the recently concluded Presidential Environmental Awards 2025, securing multiple honours across the apparel and textile sector. Organised by the Central Environmental Authority (CEA) under the patronage of His Excellency President Anura Kumara Dissanayake, the awards celebrate public and private institutions that…

The upgraded DarazMall experience brings Authenticity Guarantee with 3X cashback, exclusive brand deals, more reliable and faster delivery As South Asia’s first and only virtual mall, DarazMall has grown into the trusted online home for over 1,500 brands and millions of customers across the region. It features a wide range of local and international names…