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Connex Group of Companies launches Connex 360, providing innovative IT solutions and services

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Connex 360, a brand-new subsidiary of the Connex Group of Companies, was recently established in Colombo, offering cutting-edge IT services and solutions for B2B sectors, including the most recent growth into SMEs.

Connex 360’s vision is to be the most trusted, innovative, and reliable distributor in the industry by utilizing vital, robust, and cost-effective technologies to link people to the rest of the world. Integrity, commitment, enthusiasm, diversity, quality, and teamwork make up its key values.

Chief Operating Officer of Connex 360, Shamal Abeyrathne stated, “We look forward to raising awareness among the relevant industry stakeholders, such as potential SMEs, Corporates, and a number of other partnering companies. Additionally, we are leaning toward encouraging new partners to join us while simultaneously continuing to grow and support our current partnerships.”

Connex was able to equip its partners with ongoing support as well as the most recent technological knowledge of long-term considerations geared by the company’s industry expertise, strengths and broad product portfolios of some of the leading brands. The company’s primary concern is the training of its staff and also empowering its partners using new trends, industry knowledge, and technology. Envisioning a life where they are confident in their goals and are an inspiration to everyone around them.

Connex, a leading distributor of IT solutions, offers cutting-edge system provisioning, assimilation, and consulting to assist businesses in meeting their information technology requirements. Delivering a wide variety of IT infrastructure products and services to businesses across the nation, the remarkable solution include Surveillance and Access Control Solutions from Dahua, Network Switches and Wireless AP from TrendNet, Network Cabling and Accessories from ExTell Systems, Internet Security by Trend Micro, Microsoft Licenses for OS, MS Office and Software Licenses, Laptops, Workstations, Desktops and Accessories by Lenovo, Smart Home and IOT Solutions with LifeSmart, and Hard Disks and Storage solutions from SeaGate.

With its impressive 8 years of industry expertise, the Connex Group of Companies upholds its status as a promising island-wide provider of IT solutions. The Group hopes to expand its capacity as well as the scope of its product offering through the new Connex 360 establishment.



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Business

Dr RAD Jeewantha named most innovative dentist of the year

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Dr Jeewantha receiving the award

Dr. R. A. D. Jeewantha was honoured as the Most Innovative Dentist of the Year at the Business World International Awards, 2025. Organised by the Business World International Organisation, the award ceremony was held recently at the Mount Lavinia Hotel. A graduate of the Faculty of Dental Sciences, University of Peradeniya, Dr. Jeewantha has built a reputation as one of Sri Lanka’s most respected and forward-thinking dental surgeons. After gaining vital experience in Government hospitals, including the Teaching Hospital in Karapitiya, he also served at a leading private hospital before launching his own practice—Doctor J Premium Dental Care in Delkanda, Nugegoda.

His dental clinic is known for offering advanced, patient-focused treatments in restorative dentistry, cosmetic procedures, and implantology, using state-of-the-art technology. Dr. Jeewantha is especially skilled in dental implants, having completed the American Residency Course in Dental Implantology at Roseman University, accredited by the American Academy of Implant Dentistry. Dr. Jeewantha holds fellowships from the International College of Continuing Dental Education (FICCDE) and the Pierre Fauchard Academy (USA). His advanced skills include modern root canal treatments using Mineral Trioxide Aggregate (MTA) for both surgical and non-surgical procedures.

He has completed international trainings in digital dentistry, full-arch implantology techniques like All-on-Four and Zygomatic Systems, and smile design using digital 3D scans. He has participated in global dental events such as the Asia-Pacific Dental Congress and completed training at institutions including the University of Manchester and North Western State Medical University in Russia. His courses have covered everything from intraoral scanning to managing tooth wear. He has previously received many local and international awards. Dr. Jeewantha also serves the community as a Justice of the Peace for All Island.

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IIHS Foundation in Biological Studies offers fast-track route to global health careers

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The Foundation in Biological Studies at IIHS provides a unique alternative for students looking to fast-track their health careers after their Ordinary Level (O/L) exams. This programme offers a direct route to global health careers, bypassing traditional A/Ls. With over 1,000 students already advancing to universities in Australia, the UK, and Finland, IIHS has positioned the course as a reliable launchpad for careers in fields like medicine, nursing, biomedical sciences, and digital health. “This programme is a game-changer, offering a transformative journey into global healthcare education,” said IIHS CEO Dr. Kithsiri Edirisinghe.

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Seylan Bank Reports Strong Growth in Q1 2025 Financials

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Seylan Bank has recorded a Profit before Tax (PBT) of LKR 4,199 million in Q1 2025, marking a 13.36% growth compared to LKR 3,704 million in Q1 2024. Profit after Tax (PAT) rose by 20.29%, reaching LKR 2,761 million, up from LKR 2,295 million in the corresponding period of 2024.

Despite a decrease in net interest income by 8.37% due to market interest rate reductions, the bank’s net fee-based income grew by 13.83%, driven by fees from loans, cards, remittances, and other services. Total operating income for the quarter was LKR 11,258 million, a 3.83% decrease from the previous year, while operating expenses rose by 4.62%, largely due to increased personnel and other operating costs.

Impairment charges were significantly reduced by 83.17%, totaling LKR 262 million, reflecting the bank’s solid credit quality and proactive provisions. The bank’s impaired loan ratio improved to 1.98% from 2.10% in Q1 2024, with a provision cover ratio of 80.74%.

Seylan Bank’s total assets grew to LKR 785 billion, with loans and advances reaching LKR 469 billion and deposits totaling LKR 647 billion. The bank’s capital adequacy ratios remained strong, with the Common Equity Tier 1 Capital Ratio at 13.67% and Total Capital Ratio at 17.64%.

In addition to its financial performance, Seylan Bank continued its commitment to education, opening 16 more “Seylan Pahasara Libraries,” bringing the total to 281 libraries across the island.Fitch Ratings upgraded Seylan Bank’s National Long-Term Rating to ‘A+(lka)’ with a Stable Outlook in January 2025, further underscoring the bank’s financial stability and growth trajectory.

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