Business and Economy (Page 94)

ParentPay Group the leading international education technology company has announced the opening of its new development centre in Sri Lanka. The ParentPay Lanka (Pvt) Ltd. office is conveniently situated in the Elegance Building at No. 2 Rajagiriya Road, Rajagiriya. With more than 1,000 employees worldwide ParentPay Group is also aContinue Reading

With the post-pandemic accelerated digital adoption, cyber-attacks on startups and small businesses are rapidly increasing around the world. While the big, high-profile breaches make headlines, many intruders prefer to target smaller unprepared organizations. During the last year, cyberattacks on small companies surged by more than 150%, according to RiskRecon, aContinue Reading

Hayleys Fentons with over a century of excellence in engineering and project management secured the Silver Award in the National Level Service Sector in Extra Large Category at the CNCI Achiever awards organised by the Ceylon National Chamber of Industries (CNCI). The awards ceremony, which took place at Hotel GaladariContinue Reading

Huawei announced its business results for the first three quarters of 2023 today. During this period, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%. “The company’s performance is in line with forecast,” said Ken Hu, Huawei’s Rotating Chairman. “I’dContinue Reading

DIMO Agribusinesses, in collaboration with its steadfast partner Mahindra Tractors, has recently unveiled the state-of-the-art Mahindra Yuvo Tech+ 585 tractor, boasting 50 HP, to serve the needs of the Sri Lankan farming community. The introduction of the Mahindra Yuvo Tech+ 585 tractor to the Sri Lankan market took place amidstContinue Reading

Cleantech (Pvt) Ltd., Sri Lanka’s foremost provider of integrated waste management solutions, continues to champion environmental sustainability by showcasing its recent PET bottles and plastic collections at the Book Fair 2023. This initiative, reflecting Cleantech’s unwavering dedication to responsible waste management, highlights the company’s commitment to preserving the environment.   TheContinue Reading

Abans proudly commenced its island wide “Abans Unusum Hithawathkam” Project on October 2, 2023, at the Sarvodaya Suwasetha Nutrition Centre. The primary aim of this initiative is to bring warmth and comfort into the lives of children, and it stared on World Children’s Day by donating water heater units toContinue Reading

Sri Lanka Gem and Jewellery Association (SLGJA) hosted its 21st Annual General Meeting recently in, Colombo. Re-appointed as President, Ajward Deen has worked tirelessly along with his committee to strengthen and uplift the Gem and Jewellery industry to great heights over the past year. The Gem and Jewellery industry continues toContinue Reading

DIMO Healthcare, the healthcare arm of the leading diversified conglomerate DIMO, together with ZEISS, a globally renowned technology enterprise operating in the optics and optoelectronics sphere, introduced ZEISS CT LUCIA 621P Monofocal Intraocular Lens (IOL) to Sri Lanka. This innovation redefines cataract surgery procedures, offering enhanced visual outcomes for patients.    Continue Reading