Renewable Energy Associations that include Small Hydro, Wind, Solar, and Biomass power developers, and also Solar Industries Association of Sri Lanka, jointly announced at a press conference held recently that the national grid of Sri Lanka risks losing 1250.9 Megawatts (MW) of power generated by renewable energy developers, as theContinue Reading
Indonesia has announced their support to Sri Lanka by donating a humanitarian aid of essential medicines and medical equipment. The donation worth US$1.6mn has been offered to Sri Lanka to help combat the severe medicine shortage Sri Lanka is facing. The total volume of the aid is 3.1 tons andContinue Reading
Huawei kicked off its 19th annual Global Analyst Summit today in Shenzhen. A hybrid event, the summit gathers industry analysts, financial analysts, key opinion leaders, and media representatives from around the world to learn more about future industry trends and Huawei’s development strategy. At the event, Ken Hu, Huawei’s RotatingContinue Reading
Reasserting its leadership in Telecommunication and Technology, SLT-MOBITEL mobile was awarded the distinguished global award for the ‘Best Innovation in Telecommunication’, at the World Innovation Congress hosted in Mumbai, India on the 24th of March 2022. The award is a testament to SLT-MOBITEL’s distribution of the advanced Sub-1GHz band LTEContinue Reading
The Great Manager Awards 2021 recently recognized Allianz Insurance Lanka Limited and Allianz Life Insurance Lanka Limited (collectively, Allianz Lanka) for outstanding management excellence. A total of 5 managers from Allianz Lanka were recognized and awarded with Great Manager Awards, recognizing Allianz Lanka as a company with brilliant managers. TheContinue Reading
Konekt, an emerging technology solutions company, strives to develop and implement innovative IT solutions in Sri Lanka. The company is committed to helping businesses gain a competitive edge over its competition. Konekt delivers innovative and scalable solutions using the latest technology for its customers to help grow their businesses exponentially.Continue Reading
There is a close relationship between the environment and the entire ecosystem of this land, this includes people. Mankind used to have a strong attachment to the environment in the past, but it is diminishing now. People are a component of the environment but, they are not playing their partContinue Reading
Singer Sri Lanka PLC, the country’s premier consumer durables retailer was duly recognized at the Asia Emerging Market Awards 2022 organized by Dell Technologies. Singer clinched the Distributor of the Year award in the Commercial segment for the second consecutive year reiterating its position as the country’s leading computers andContinue Reading
The price of a 50kg cement bag has been increased by Rs. 400. Accordingly, the new price of a 50kg cement bag is listed as Rs. 2750. Earlier in March, the price of a 50kg cement bag was at Rs. 1350. Image source – news.lkContinue Reading
Amana Takaful PLC (ATI), a fully-fledged insurance company operating in Sri Lanka, has braved the Pandemic and other economic pressures of the year 2021. The organization closes the year 2021, with a significant 23% growth in group sales revenue and a 13% surge in group net profits before other comprehensiveContinue Reading