Category: Business and Economy

Huawei has been focusing on seamless connectivity across all devices to help users conveniently access the digital space. Huawei Display 23.8’’ is the latest stand-alone monitor to arrive in Sri Lanka, revolutionizing the computer accessories segment. Huawei Display 23.8’’ is an embodiment of innovation and stunning design thanks to a full view display, which is…

Profit Before Tax up by 34% over previous year to record Rs. 2.67 Bn Profit After Tax soars by 43% to reach Rs. 2.2 Bn 60,000 moratoriums granted to support customers Gross Portfolio growth of 15% Deposit growth of 32% NPLs at 6.49% against industry average of over 13.87% Provision cover of 107% over NPLs…

Huawei Smart bands have become highly popular around world for the highly advanced, productive and innovative built-in features offered at affordable price points. Beyond the typical fitness tracking functions, Huawei Smart bands come with a host of unique features that facilitate everyday life. The newest addition to Huawei’s Band series, Huawei Band 4e (Active) is…

ASIA’S MOST EXCLUSIVE, PRESTIGIOUS REAL ESTATE AWARDS SERIES RESUMES SEARCH FOR THE BEST DEVELOPERS, PROJECTS IN THE ISLAND NATION General public nominations and official entries accepted until 24 September 2021 Virtual media roundtable on 22 June celebrates the programme’s long history of rewarding real estate achievements in South Asia, with insights into recovering segments of…

Comtrust Asset Management (Comtrust) is pleased to announce the appointment of Ms. Bimanee Meepagala as its Chief Investment Officer with effect from 1st June 2021. Counting over 15 years’ experience in Capital Markets, Bimanee brings a wealth of professional and academic knowledge encompassing investments, economics, risk, finance and insurance. Prior to joining Comtrust Asset Management,…

Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, is celebrating its 30-year journey of educational excellence by launching the “IIT Achievers Scholarship Scheme”. For 30 years, IIT has been consistently delivering qualifications and quality valued in Sri Lanka and around the…

With the intention of providing a glimpse on becoming successful entrepreneurs and self-sufficient individuals, the Lions Club of Colombo (Host) District 306A1 will be conducting  a series of webinars on the topic ‘Financial Literacy and Capacity Development’ starting from July 2021. Themed “Money Matters”, the webinar series is the first phase of the financial literacy…

At Huawei’s Better World Summit for 5G + AR, Huawei Carrier BG CMO Bob Cai delivered a keynote speech titled 5G + AR, Turning Dreams into Reality. In this speech, Cai said that 5G will switch on AR, and AR will light up 5G. He also announced the release of the AR Insight and Application…

If the current pandemic has taught us anything, it is that the world needs more curious minds in science to solve global problems. Having seen this need, Hatch has now secured an authorized distribution partnership with Foldscope, to introduce low-cost scientific tools to Sri Lankan students to magnify their science knowledge. This is in line…

Clogard, one of Sri Lanka’s leading oral care brands lent a helping hand to the Department of Wildlife Conservation in pioneering a social endeavor aiming to protect the ecosystem surrounding the sacred Sri Paada. A series of initiatives were carried out in the backdrop of escalating plastic pollution on the Sri Paada site which is…