Business and Economy (Page 158)

Orange and Huawei’s Groundbreaking 157 Tbit/s Transmission over a 120 km Fiber in France Has Set a New World Record

Paris, France, Huawei and Orange have successfully achieved a new world record1 of 157 Tbit/s transmission prototype testing over a 120 km fiber on the Orange network in South West France. This technical achievement unequivocally demonstrates that Orange’s current infrastructure is fully prepared for transmission technologies that can take on increasing traffic over the next decade. In June 2022, Huawei released the industry’s first ultra-broadband Super C + Super L solution able to provide 12 THz ofContinue Reading

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Hayleys Fentons ranked amongst the best B2B Brands at SLIM Brand Excellence Awards

Wins Bronze Award – B2B Brand of the Year at SLIM Brand Excellence Awards Hayleys Fentons recently marked a milestone achievement in the company’s history by winning the Bronze Award in the B2B Brand of the Year Category at the recently-concluded SLIM Brand Excellence Awards. One of the most trustedContinue Reading

Huawei Datacom Named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure

Huawei announced that it was named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure, the only non-North American vendor positioned in the Leaders Quadrant. Huawei takes it as a milestone and believes it is yet another testament to the global recognition of Huawei’sContinue Reading

Reshaping the Future Workforce Through SDGs”; G17 Summit 2022

On 16th December 2022, the inaugural G17 Summit Sri Lanka and Award Ceremony was held at the Duncan White Auditorium, Ministry of Youth and Sports in Colombo, from 2 pm to 6 pm. The G17 University Ambassadors Consortium (G17 UAC), a global fellowship program ideated by The Road to RightsContinue Reading

EFL 3PL Awarded Gold for the Second Consecutive Year at SLIM Brand Excellence Awards 2022

EFL 3PL, the leading 3PL company in Sri Lanka, bagged Gold for the second consecutive year in the B2B Brand of the Year category at the recently held SLIM Brand Excellence Awards 2022. This recognition is a testament to the outstanding initiatives undertaken by the company amidst all the challengesContinue Reading

Lexicon Tech partners Acumatica to further enhance ERP offering to customers

Lexicon Tech is a leading IT solutions, consultancy, and systems integrator in Sri Lanka, which has recently partnered with Acumatica; a global technology provider that offers Software as a Service (SaaS) Enterprise Resource Planning (ERP) Solutions. This partnership provides Lexicon Tech with the resources to tailor Acumatica ERP to caterContinue Reading

Pelwatte Dairy partners with national farmer support program SAPP to assist farmer lives in difficult times

Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange, is also a prime mover in farmer welfare. In its efforts to give back to its farmer community base and uplift it, especially given the economic hardships theyContinue Reading

OPENING OF TOYOTA LANKA FULFILLMENT CENTER COINSIDES WITH 70 YEARS OF SRI LANKA JAPAN RELATIONSHIP

Toyota Lanka Private Limited, the national distributor of Toyota products commemorated the 70 years of Japan – Sri Lanka diplomatic relations by ceremoniously inaugurating the state of the art fulfillment facility in Mahara on 14th December, 2022. The Hon. President of Sri Lanka Ranil Wickremesinghe graced the occasion as theContinue Reading

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Quickee Shines as Online Brand of the Year at SLIM Brand Excellence 2022

Quickee, Sri Lanka’s favourite digital marketplace, was awarded Gold in the Online Brand of the Year category at the SLIM Brand Excellence Awards 2022 held recently. This win is attributable to the way the brand transformed itself through Covid-19 amidst many challenges faced to offer an unmatched online shopping experienceContinue Reading

Event Management Association of Sri Lanka (EMA) celebrates a momentous occasion by signing a landmark bilateral MoU with EEMA India

Event Management Association of Sri Lanka (EMA) celebrated a momentous occasion recently and signed a landmark bilateral Memorandum of Understanding (MoU), the first of its kind, with Event and Entertainment Management Association India agreeing to immensely strengthen the position of the industry both regionally and locally. This MoU was signedContinue Reading