Category: Business and Economy

By ReadMe To say Huawei had a challenging year would be an understatement. Due to trade tensions between the US and China, it lost access to the Google ecosystem. While the ban would only affect it’s latest devices, it was a heavy blow for the company. Despite this setback, Huawei still outsold Apple and rose to…

Huawei, innovative smartphone manufacturer, recently announced that Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the year 2020. In the recently published Brand Finance Global 500 2020 report, Huawei is the third Chinese company on the list with a…

Sri Lanka has halted the imports of cars, perfumes, tyres, footwear, air conditionors, refrigerators, mobile phones, televisions and washing machines, as the rupee soft-peg with the US dollar came under pressure in forex markets. Banks have been asked by the central bank not to help customers to import any of the controlled items, which the…

Sri Lanka Cricket (SLC) has decided to grant Rs. 25 million to the Government to help its efforts toward combating the COVID-19 pandemic. The grant will be handed over to the Government immediately. Sri Lanka Cricket said, whilst understanding the gravity of the ongoing health problem, it had also taken several other steps to provide…

The Government has recognized the importance of isolating the population to stop the spread of the COVID-19 virus by driving Work from Home initiatives. In a special statement made today Hutch is pleased to announce that it has joined in supporting the Government’s efforts by rapidly rolling out a number of innovative initiatives that will…

Fitch Ratings has revised the outlook for a further 10 APAC banking systems to negative, meaning that all 17 banking systems in the region are now assessed as having a negative sector outlook. This highlights our expectation that the global coronavirus pandemic will have wide-ranging effects on the region that will adversely affect bank performance…

Online shopping has become a global trend and an integral part of many people’s lives. Both sellers and customers have identified it to be very convenient, as it provides the luxury of ordering items to one’s doorstep and running an e-commerce store at home. Online shopping has moved beyond merely a means of shopping to…

Huawei, the innovative smartphone manufacturer, recently introduced Huawei Nova 7i adding yet another feature packed device to the Nova line of smartphones that offer more value for a convenient price. Like all other Nova smartphones, Nova 7i is stunning to the eye with its matte looking aluminum frame which is convenient to hold in the…

Dialog Enterprise, the digital business solutions arm of Dialog Axiata PLC, showcased its readiness and experience to digitize enterprises of trading & manufacturing sectors. Dialog’s readily available products and services boost productivity, security and speed to market of small, medium and large enterprises by leaner digital business processes and enabling new business models. This message…

In collaboration with Huawei, Deloitte has published a new whitepaper discussing how key features of 5G can synergize with other technologies to enhance the effectiveness of pandemic prevention and treatment, as well as drive the digital transformation of healthcare systems in response to major public emergencies. The whitepaper, titled “Combating COVID-19 with 5G: Opportunities to…