Lee Kun-hee, who made South Korea’s Samsung a global powerhouse, dies at 78
(Reuters) – Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a…
Pelwatte continues to empower over 10,000 dairy farmers on best practices
Reiterates commitment and local dairy industry development The Industry Leading Dairy milk producer and processor, Pelwatte Dairy Industries Limited continues to empower dairy farmers amidst the economic challenges through a…
VMware Unveils 5G and Edge Advancements, Driving Sri Lanka Towards New Chapter of Innovation-Led Growth
Strengthened 5G Telco Cloud Portfolio with Cloud Native Support enables businesses to better harness emerging technologies in Sri Lanka’s cloud and mobile first economy VMware, Inc. (NYSE: VMW) recently announced…
‘Rani Sandalwood’ tributes loyal consumers with gold necklaces and household items worth Rs. 1 Million
Win a gold necklace and many more exciting gifts every week! The Swadeshi Industrial Works PLC has launched yet another exciting promotion for the loyal consumers of Rani Sandalwood soap…
Huawei revenue in Q3 2020 at a 9.9% growth
Huawei recently announced its business results for the first three quarters of 2020. During this period, Huawei generated CNYv671.3 billion in revenue, an increase of 9.9% over the same period…
Top ICT Students to Represent Asia Pacific in Huawei ICT Competition Finals
The 2019-2020 Huawei Asia Pacific ICT Competition, under the theme of “Connection, Glory, Future,” successfully concluded on Wednesday. Institut Teknologi Bandung (ITB) from Indonesia won champions of both the Network…
Adapting to a new Reality with Enterprise Software
The COVID-19 pandemic is still raging on, threatening businesses as well as economies as it has brought unprecedented challenges that the world must grapple with in the coming years. The…
Ideal Motors and Ideal First Choice breaks new ground in Sri Lanka offering industry-first free insurance cover
Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of charge, an industry…
Sri Lankan to ban several single-use plastic products from 2021
The government decided to ban a range single-use plastic and polythene waste material products including Poly Ethylene Terephthalate (PET) and Vinyl Chloride (PVC) containers from with effect from 2021. The…
Are Licensed Finance Companies the missing link in Sri Lanka’s Financial Inclusion quest?
By Krishan Thilakarathne Financial Inclusion is essential for continuous and sustainable economic development, according to IFC. This is no exception for Sri Lanka despite showing strong numbers in bank penetration.…