Category: Business and Economy

Singer, the country’s premier consumer durables retailer continuing its winning streak has clinched honors at the SLIM Restart Resilience Awards 2020 held recently. Singer sealed the Gold award under the Restart Resilience Large Organization category reinforcing its prowess as Sri Lanka’s number one consumer durables provider. This award is a testament to the remarkable resilience…

The Plastics and Rubber Institute of Sri Lanka (PRISL) together with Smart Expos & Fairs (India) Pvt Ltd (SMART Expos) in collaboration with Export Development Board (EDB) launched the first-of-its kind Virtual Expo of Plastics and Rubber Industry recently. The exhibition was inaugurated by Suresh De Mel, Chairman, EDB via an online platform. With more…

The Swadeshi Industrial Works PLC, the pioneer and the market leader in herbal care products in one of its community support initiatives recently sponsored the “Aloka Poojawa” of the historic Keragala Raja Maha Viharaya. Organized for the 7th consecutive year on the Duruthu Full Moon Poya day, “Swadeshi Khomba Aloka Puja Sathkaraya” is a concept…

SOLEX the household name for water pumps in Sri Lanka leads the market with its dominance in domestic, agricultural pumps and industrial ranges by locally manufacturing over 100 models catering to different customized requirements. Over the past few decades, the company has established a stronghold of the Sri Lankan market due to its supreme quality…

Huawei, the global smartphone brand now treats its customers with exciting gifts as a means of paying gratitude for trusting the Huawei brand. Customers who purchase Huawei Nova 7 SE and Huawei Nova 7i from all Huawei experience centres, Singer showrooms, island wide authorized dealers order online via Daraz.lk and Singer.lk are eligible for these…

The Sri Lanka Association for Software Services Companies (SLASSCOM), the national chamber for IT/BPM industry in Sri Lanka calls applications for the SLASSCOM Ingenuity Awards 2021 (formerly known as SLASSCOM Innovation Awards), which is to be held for the 3rd consecutive year, in celebration of the greatest innovators in Sri Lanka. Conducted as an all-island…

The virtual conference held recently, organized by ELEVATE in partnership with Huawei, served as a platform for framing the green recovery in Asia. Speakers shared their insights about the recent government plans, commitments and measures towards more inclusive and green economies. How to rebuild and transform economies post COVID-19 while confronting the climate crisis? The…

Huawei released its Global Connectivity Index (GCI) 2020, the seventh annual GCI report the company has published. For the first time in a GCI report, the 2020 release proposed five key stages of industry digital transformation: task efficiency, functional efficiency, system efficiency, organizational efficiency and agility, and ecosystem efficiency and resilience. A key finding of…

DIMO, one of Sri Lanka’s leading conglomerates, continues to demonstrate its respected credentials as a responsible corporate entity with the launching of its brand-new venture footprints Do-It-Yourself (DIY) home gardening kits. The virtual unveiling of footprints took place recently with the patronage of DIMO Chairman & Managing Director Ranjith Pandithage, distinguished guests and a team…

When it comes to business, the line between success and failure is often paper-thin, and this line has only gotten thinner with the arrival of the Pandemic which completely disrupted the economic landscape of the world. Last year we witnessed first-hand the importance of having proper insight; as many startups both locally and internationally, struggled…