BiZ CoM.LK

ITX360 Achieves Coveted ISO 9001:2015 and ISO 14001:2015 Accreditations

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ITX360, a prominent player in the IT solutions landscape, proudly announces the attainment of ISO 9001:2015 and ISO 14001:2015 certifications, underscoring its commitment to environmental sustainability and unwavering dedication to quality management. ISO 9001:2015 certification is an internationally acclaimed standard for Quality Management Systems, empowering organizations to enhance performance, meet customer expectations, and demonstrate a […]

All Island Dairy Association Raises Alarming Concerns About the Detrimental Impact of VAT Proposal on Sri Lanka’s Dairy Sector

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The All Island Dairy Association (AIDA) has voiced grave concerns regarding the Sri Lankan government’s proposed increase in the Value Added Tax (VAT) from 15% to 18%, set to take effect on January 1st, 2024. This move, intended to broaden the tax base, could have severe repercussions for the dairy sector, a vital contributor to […]

Huawei Wins Energy Globe World Award for Yancheng Low-Carbon & Smart Energy Industrial Park

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The Yancheng Low-Carbon & Smart Energy Industrial Park project has been awarded the 2023 Energy Globe World Award. Also known as the Net Zero Carbon Intelligent Campus project, it is a collaborative effort by the Yancheng Power Supply Company of State Grid Jiangsu and Huawei. The Energy Globe World Award is presented by a panel […]

hSenidBiz Exceeds $3 Million Exit ARR in 3Q FY24

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hSenid Business Solutions (hBS) released its financial results for the quarter ending on December 31, 2023, reporting a 23 percent year-over-year increase in revenues. The PeoplesHR Cloud business, constituting 76% recurring revenue, remains the primary driver having recorded a 40% growth year-on-year. The Company achieved a critical milestone in its growth journey by surpassing $3 […]

Dr. Gehan Gunatilleke Appointed to Janashakthi Life Board

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Janashakthi Insurance PLC, a member of the Janashakthi Group, announces the appointment of Dr. Gehan Gunatilleke as an Independent, Non-Executive Director to the Company’s Board of Directors, effective from 24th January 2024. Dr. Gehan Gunatilleke is an attorney-at-law and a founding partner of LexAG, a law firm based in Colombo. He has previously served as […]

Adani Group Claws back narrative a year after Hindenburg Report

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When Hindenburg Research accused the Adani Group of “brazen stock manipulation” and accounting fraud a year back, it led to a stock market rout that erased about $150 billion in market value at its lowest point. But unlike its previous targets, tycoon Gautam Adani, who was the world’s second-richest man before the damning January 24, […]

Huawei Unveils Expansion of its Talent Development Program in Rome this Summer

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A week-long “Seeds for the future European Grand Finale,” bringing together a select cohort of “Seeds for the Future” alumni hailing from 18 European countries, ended on January 23. Hosted by Huawei Europe, the closing ceremony for the week-long journey showcased the collective achievements of Seeds alumni who had previously attended training programs organized in […]

Adani Power announces Q3 FY24 results

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Consolidated power sale volume at 21.5 Billion Units (BU) in Q3 FY24, up by 82% from 11.8 BU in Q3 FY23 due to improved power demand and larger installed capacity. Adani Power Ltd. (APL), a part of Adani portfolio companies, recently announced the financial results for the third quarter ended at 31st December 2023. Commenting […]

Interocean Lubricants Unveils Strategic Expansion in Jaffna with Sinopec

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Interocean Lubricants (Pvt) Ltd., Sri Lanka’s exclusive distributor and national nominee in Sri Lanka, Maldives and India for Sinopec, a global leader in lubricants, proudly announced the official launch of its distribution network expansion in Jaffna. The momentous event took place at the prestigious North Gate Hotel, marking a significant milestone in the company’s commitment […]

China Unicom and Huawei Pilot Large-Scale 5.5G Network in Nation’s Capital

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China Unicom Beijing and Huawei have successfully deployed a pilot large-scale 5.5G network in Beijing to provide continuous coverage in three key areas, including Beijing Financial Street in the city center, the landmark Beijing Long Distance Call Building, and multipurpose Workers’ Stadium. This first-of-its-kind network is expected to become a benchmark for future 5.5 networks […]