Category: Business and Economy

The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including 227 luxury SUVs – to a value of Rs. 3.7 billion through the Bank of Ceylon. The Government reversed its earlier decision to cancel the order, citing the fact that the Letters…

The Information and Communication Technology Agency (ICTA), the apex body for Information and Communication Technology in Sri Lanka, in collaboration with PwC Sri Lanka, recently introduced a new Credit Evaluation Framework to be adopted by lenders when lending to tech companies with minimal collateral. The new framework was launched in an event held with the…

DIMO, one of the leading conglomerates in Sri Lanka with over 30 years of excellence in Vocational Education through its DIMO Academy for Technical Skills (DATS), has recently been appointed as the local representative for FH Aachen University, Germany‘s No. 1 University for Applied Sciences. Sri Lankan students can now enrol at the world-renowned freshman…

Huawei Consumer Business Group (BG) recently announced the launch of HUAWEI WATCH 3 Series, which consists of HUAWEI WATCH 3 and HUAWEI WATCH 3 Pro, two smartwatches that run HarmonyOS 2 to bring consumers convenient and smart life experiences that are underpinned by enhanced interaction, independent connectivity and all-scenario interconnectivity. On top of Huawei wearables’…

Pursuant to the World Anti-Counterfeiting Day, which fell on 8th June 2021, we are reminded of the severe impact and threat of counterfeit and pirated products on our lives and the economy. The World Anti-Counterfeiting Day was established by the Global Anti-Counterfeiting Group (GACG) to address the risks and damage caused by the counterfeit and…

Nearly 100 devices to support HarmonyOS 2 Huawei launched a range of smartphones, smart watches, and tablets powered by its new HarmonyOS 2 operating system recently, including a new version of the HUAWEI Mate 40 Series and HUAWEI Mate X2, the HUAWEI WATCH 3 Series, and the HUAWEI MatePad Pro. Huawei also released the HUAWEI…

Huawei Consumer Business Group (BG) recently announced the launch of HUAWEI MatePad Pro, a new Huawei tablet powered by HarmonyOS 2. Built for a new generation of smart devices, HarmonyOS 2 empowers HUAWEI MatePad Pro with brand new functionality. The new tablet desktop is more organised, featuring the new Bottom Dock and Service Widgets to…

Sri Lankans living in UK have made an urgent appeal to Prime Minister, Boris Johnson for the supply of 600,000 Astra Zeneca vaccines. World Health Organization Director General Tedros Ghebreyesus has repeatedly warned about the scandalous inequity of vaccines and stressed that more than 75% of all vaccines had been administered in just ten countries.…

HUTCH, Sri Lanka’s preferred choice for mobile broadband services, will be offering a 50% bonus for customers activating their first online recharge and 25% bonus on every subsequent online recharge until 15th of July 2021. Both 072/078 subscribers can use the HUTCH Self Care app or HUTCH Website for online reloads to be eligible to…

Sri Lanka’s Covid situation is worsening as the number of Covid patients and deaths continue to rise daily. The country is reporting around 3,000 cases a day which is more than 1000% rise from a few months ago. The Ceylon Motor Traders Association (CMTA) has been understanding of the Government’s decision to restrict vehicle imports…