Category: Business and Economy

Huawei, the leading technology solutions provider boasts of a wide range of tech portfolio that addresses the increasing needs of this digital era. From innovative techs solutions such as smartphones, tablets, laptops to wearables and audio devices, Huawei offers a comprehensive tech portfolio that revolutionizes the digital space.  One of the major highlights of its…

vivo ranked first in China’s smartphone market with a market share of 23.5 percent in the second quarter of 2021, according to the IDC[i] Worldwide Quarterly Mobile Phone Tracker. With a year-over-year growth rate of 23.6 percent, vivo earned the top spot as its product portfolios supported its position across all price ranges, covering the mainstream,…

Also increases farmer payouts by 70% YoY Pelwatte Dairy, one of the leading dairy brands in Sri Lanka that locally produces a range of dairy products and saves foreign exchange for the country, has made a significant financial turnaround in 2020/’21 recording a huge Profits Before Tax (PBT) that YoY surged by 148%. In 2020/’21…

IFS, the global enterprise applications company, announces that Airport and Aviation Services (Sri Lanka) has successfully implemented IFS Enterprise Resource Planning (ERP) solutions to boost efficiency and transparency across its operations. The business is currently on a journey towards a digital-first infrastructure that embraces modern technology and maximizes productivity. Becoming globally connected and environmentally sustainable…

Singer Sri Lanka PLC, the country’s premier consumer durables retailer won the Best Regional Distributor of the Year and Best Distributor of the Year – Sri Lanka Awards at Dell Technologies South Asia CSB Partner Connect event for the year 2021. The virtual event was held to review the regional performances of distributors in 2020,…

Amana Takaful Insurance introduced a breakthrough motor insurance product that is exclusively tailored for the owners of vehicles valued at Rs. 10 million or above. This product is an extension of the company’s motor insurance product range, and is titled “Total Drive Prestige”. The key value proposition of Total Drive Prestige lies in the fact…

DIMO, one of the leading conglomerates in Sri Lanka, has continued the expansion of its business portfolio by providing solutions to the market under Industrial, Nutrition and Construction Chemicals segments. The new portfolio of business is established under the brand identity ‘DIMO Initium’. In line with the above, DIMO has partnered with BASF and Master…

HUTCH, Sri Lanka’s fast growing choice for Mobile Broadband Services joined forces with the Gamata Sannivedanaya project initiated by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) with the intention of providing broadband coverage to the entire country overcoming geographical challenges. With the direction and support provided by the TRCSL, HUTCH launched the WeniwelAra tower…

The Swadeshi Industrial Works PLC the pioneer herbal – personal care products manufacturer once again illuminated the Devundara Uthpalawarna Sri Vishnu Maha Devalaya along with Aluthnuwara Sri Dadimunda Maha Devalaya. The “Aloka Pooja” was carried out under the theme, “Swadeshi Khomba Aloka Puja Sathkaraya”, during the annual Esala festival. Aluthnuwara Sri Dadimunda Maha Devalaya was…

DIMO, one of the leading conglomerates in Sri Lanka, celebrated ‘World Youth Skills Day’ by shining the spotlight on the importance of equipping the youth with skills for employment, decent work and entrepreneurship, through a webinar titled ‘Job Demand and Vocational Education – Fuelling Dreams and Aspirations of the Youth’, held recently. The keynote speaker…