Business and Economy

Sticky

Hatch and Orion City Unveil Groundbreaking Collaboration Through One App, Revolutionizing Sri Lanka’s Tech Ecosystem

Hatch, the esteemed accelerator/incubator, and Orion City, the foremost IT park, have unveiled an innovative digital platform, signalling a transformative shift in Sri Lanka’s tech ecosystem and business operations. This innovative app is set to streamline access to essential services and facilities across three strategic locations: Hatch Works in ColomboContinue Reading

Sticky

Huawei and EDMI reach global IoT licensing agreement

Today, Huawei and EDMI [1] announced signing a patent license agreement under fair, reasonable, and non-discriminatory (FRAND) conditions. Huawei will grant a cellular IoT Standard Essential Patents (SEPs) license, including NB-IoT, LTE-M and LTE Cat. 1 to EDMI. This agreement represents another recognition of the strength of Huawei’s cellular IoT SEPs from industryContinue Reading

Sticky

Unilever Sri Lanka, the Central Environmental Authority (CEA), and the Marine Environment Protection Authority (MEPA) enter into a partnership for a sustainable future

As part of its broader sustainability agenda, Unilever Sri Lanka remains committed to collecting +100% of the equivalent plastic it sells into the domestic market. A key enabler of this will be a public-private partnership between Unilever the CEA and the MEPA to clean and step up the health ofContinue Reading

Sticky

Sri Lanka to focus on Green Entrepreneurship

The United Nations has recently applauded Sri Lanka’s efforts to restore and expand the island’s mangrove cover by over 50 percent. The country has been selected as one of the seven UN World Restoration Flagships for its pioneering efforts in mangrove restoration. Senior Advisor to the President on Climate Change,Continue Reading

Sticky

Clogard Unveils the Future of Oral Care with the Launch of Clogard Pro Clean Toothbrush for a Superior Brushing Experience

Clogard, a trusted name in oral care, is excited to unveil its latest innovation – the Clogard Pro Clean Toothbrush. This all-new, premium addition to the Clogard toothbrush family is designed to revolutionize oral care by Hemas Consumer Brands. The Pro Clean Toothbrush marks a significant step forward in oralContinue Reading

Sticky

Notice On Rotating Chairman Tenure

In accordance with Huawei’s Rotating Chairman system, Mr. Xu Zhijun (Eric Xu) will assume the position of Rotating and Acting Chairman of Huawei from April 1, 2024 to September 30, 2024. During his term, Mr. Xu will serve as the company’s top leader, and head the Board of Directors andContinue Reading

Sticky

HUAWEI CLOUD CONTINUES TO BUILD STRONG ECOSYSTEM FOUNDATIONS FOR PARTNERS TO DRIVE GROWTH AND CARVE NEW OPPORTUNITIES IN INDUSTRY DIGITISATION

Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC Partner Connection Summit 2024. Huawei Cloud Asia Pacific hosted approximately 500 participants comprising partners from over 13 countries at itsContinue Reading

Sticky

Hayleys Fentons Wins Merit Award at Best Management Practices Company Awards 2024

Hayleys Fentons Limited, Sri Lanka’s No.1 Solar EPC company and MEP contractor commemorates its first-ever Award at the recent “Best Management Practices Company Awards (BMPC) 2024”, recognising exceptional management practices. The Best Management Practices Company Awards are organised by the esteemed Institute of Chartered Professional Managers of Sri Lanka (CPM,Continue Reading

Huawei Cloud and Shenzhen Meteorological Bureau Announce Regional AI Model

Huawei Cloud and the Meteorological Bureau of Shenzhen Municipality jointly announced that their regional AI weather forecasting model has officially been put into use. The regional model is one of the first of its kind. It enables the rapid generation of five-day forecasts for a precise 3 km range. TheContinue Reading

Sticky

The future of Sri Lanka shines brighter, and it’s powered by women

Hatch together with the Singapore Sri Lanka Business Association, supported by USAID Catalyze and Sri Lankan Airlines, showcased the innovative ventures of five remarkable Sri Lankan women in Singapore. In a world where only 2% of venture capital funding finds its way to female-founded businesses, this event brought hope, opportunity,Continue Reading