Category: Business and Economy

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…

DIMO together with SIEMENS, a global technological and electrical solutions provider, recently signed a contract with Ceylon Electricity Board (CEB) to embark the package 04 Lot A phase of the “National Transmission and Distribution Network Development and Efficiency Improvement Project” for enhancing national power supply. The package 04 Lot A phase of this project was…

HUTCH organized an engaging event to unveil its fresh value proposition “Be. Anywhere.” before its staff recently. The fully fledged – coverage campaign translated on how HUTCH has now emerged as a Bigger and Better network provider offering inclusive connectivity across the country. Post the successful completion of an expanded 2G, 3G and brand new…

Velona Cuddles, the leading Diaper brand in Sri Lanka, won the ‘Best use of Mobile Award’ in the retail sector at the recently concluded SLT Zero One Awards. In addition, Velona Cuddles also won the 1st runner-up award for the ‘Best Website / Microsite’ in the retail sector. Organized by the leading digital service provider,…

eMarketingEye (www.emarketingeye.com), the award-winning Digital Marketing Agency and a pioneer in the Asian region specializing in the Hospitality industry, took home most of the top awards including the coveted “Overall Best Digital Media Agency”, “Best Digital Media Agency for Travel/Leisure sector”, “Best Digital-Enabled Product” and “Best Digital-Integrated Campaign” for the Travel/Leisure sector, at the SLT…

Also wins the Consumer Durables Brand of the year The people of Sri Lanka have once again voted for the country’s premier consumer durables retailer “Singer”, as the “Peoples Brand of the Year” for the 14th consecutive time at the recently concluded SLIM Nielson Peoples awards ceremony held at Waters Edge. In addition, Singer also…