Category: Business and Economy

Prime Group – the country’s leading real estate company and the only one in the industry to be ICRA [A] – Stable rated in Sri Lanka – won two prestigious awards at the 10th BestWeb.lk 2020. Participating in the annual web competition, the Group emerged a winner in two categories – winning the Gold award…

CLC Islamic Finance of Commercial Leasing & Finance PLC (CLC) is a leading Islamic Finance entity in Sri Lanka that is now propelling to greater recognition within the South Asian Islamic financing arena as well. Launched in 2015 under the Islamic Business Division (IBD) of CLC as an Islamic Finance Window under regulations of Central…

By Niroshan Udage As an integral part of the Country’s financial system, Licensed Finance Companies (LFCs) and registered leasing    companies play a vital role in the development of the national economy. Collectively known as the Non-Bank financial (NBFI) sector, they offer a gamut of financial solutions to cater to individuals, proprietors, partnerships, corporates or business…

Huawei Developer Conference 2020 (Together) was held today at Songshan Lake. In the keynote speech, Huawei announced major upcoming updates for HarmonyOS 2.0, EMUI 11, HMS(Huawei Mobile Services), HUAWEI HiLink, and HUAWEI Research. These improvements will empower global developers and ecosystem partners to provide enhanced and innovative user experiences for users. At the event, Huawei…

Pelwatte Dairy transforms the shopping experience with value-for-money dairy deals Pelwatte Dairy Industries – Sri Lanka’s renowned dairy producer – has extended some exciting value-for-money deals that can be availed at Sri Lanka’s leading supermarket chains this September. The home-grown company is celebrated for its healthy, fresh and delicious range of dairy products that include…

Singer Sri Lanka PLC has been commended for its exceptional sales performances, best sales improvement and their contribution for VRF Inverter Multi system Air Conditioning Solutions of Mitsubishi Heavy Industries. Singer Sri Lanka has been a partner of Mitsubishi Heavy Industries Air Conditioner sales in Sri Lanka since 2015. The global integrated business enterprise Mitsubishi is…

Huawei, the leading global technology solutions provider, recently hosted the “Huawei Golf Tournament 2020” in Sri Lanka, ushering a monumental partnership with the country’s golf game. In its latest foray into sports inclusion in Sri Lanka, Huawei ran the two-day Golf Tournament at Sri Lanka’s historic golf venue-the Royal Colombo Golf Club.   Commenting on the…

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric manufacturer, recognised and rewarded a large cohort of long-serving employees at the ‘Sewa Abhiman 2020’ Loyalty Awards, where gold coins were presented to 63 employees, who completed 10 years of service at the company. Addressing the staff, Managing Director of Ocean Lanka, Dr. Austin Au,…

The Huawei 5G Microwave Asia-Pacific Conference was held online recently, bringing together more than 130 guests to share insights into 5G microwave applications and to discuss how microwave solutions contribute to accelerating 5G development in the Asia-Pacific region. At the conference, Huawei proposed an innovative solution to solve transmission capacity and distance bottlenecks that traditional…

As the world integrates the ‘New Normal’ in the ecosystem, Sri Lanka’s digital framework is pacing with fresh energy and has bold plans for the future. The ‘New Normal’ has given rise to several ‘behavioral changes’ in the Sri Lankan consumer, and the need to be digitally connected is one of them. While we are…