Category: Business and Economy

VMware Announces New and Enhanced Portfolio Offerings and an Expanded Ecosystem VMware, Inc. (NYSE: VMW) announced innovations, new offerings, services and expanded partnerships that further enable customers to optimize their journey to multi-cloud. “VMware and its partners continue to deliver new innovative offerings to help customers benefit from a cloud-smart approach,” said Raghu Raghuram, CEO,…

Research reveals an acute need to evolve multi-cloud strategies from Cloud First to Cloud Smart as the use of Cloud by organizations across Asia Pacific matures With more control over visibility, costs, security, and the skills needed to support multi-cloud architectures, a strategic approach to cloud could fast-track business growth A new study by Vanson…

Women Will, together with Impactr is excited to celebrate Global Entrepreneur Week 2022 (#GEW2022) hosted by the ICTA in Sri Lanka. In celebration of GEW, the two entities are hosting a significant and insightful virtual workshop on Thursday, 17th November 2022, at 5.30pm. This workshop is exclusively for business owners, solopreneurs, startup founders, SME owners…

Images of political complication and economic strife are the norm across world media coverage of Sri Lanka this year. After a recent market study visit however by Vikram Bharati, founder of Draper Startup House—having links to Tim Draper, the billionaire investor, known for his bold bets like Hotmail, Tesla, and Coinbase—he is confident the entrepreneurship…

XdotO Concepts, Sri Lanka’s pioneering industry 4.0 solution provider, and Stretchline (Pvt) Ltd., the world’s largest manufacturer of narrow elasticated fabric, have joined forces to unveil Stretchline’s first-ever smart connected factory. The kick-off event for the project, “Towards a Smart Connected Factory”, was hosted by XdotO Concepts at the Movenpick Hotel, Colombo and was attended…

The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about current standing of the local retail sector. If the retail sector collapses completely, it will greatly affect its larger eco system that depends on retail, penetrating deep into the length and breadth of the country.…

Sajeev Rajaputhra, the President and Chief Executive Officer of SAS3 Trading Company, is also a singer, an actor, a director, a student of Kung Fu and an avid philanthropist. He experienced philanthropy first-hand at an early age, as he observed his father, Mr. Kshasthriya Rajaputhra Weerasinghe, do his utmost to give back to society. Mr.…

vivo, a leading global smartphone brand, celebrates its 5th anniversary in Sri Lanka by thanking all its partners, employees, suppliers, distributors, media and consumers for continuously supporting and helping the brand reach new milestones and for making vivo a part of Sri Lanka’s community, especially during the challenging times. vivo began its monumental journey in…

Since the beginning of the year, the eruption of energy crises in certain parts of the world have gained global traction. To offset energy shortages, increases in coal consumption has been consecutive and considerable. Many analysts believe that coal-generated power may well be on course to creating all-time highs for the second year in a…

hSenid Business Solutions (hBS) reported yet another favourable earnings result for the period ended 30 September 2022, with strong growth across the key business segments and regional operations. Net profits for the quarter came in at LKR 58.0 million, compared to a profit of LKR 15.3 million in the corresponding quarter of the previous financial…