Business and Economy (Page 168)

HeiQ Viroblock technology proven to be effective against SARS-CoV-2 (Covid-19)* Velona, a leading brand in the hygiene and clothing segment in Sri Lanka recently introduced the Velona Protect antiviral mask manufactured with HeiQ Viroblock NPJ03 technology which is among the first technologies in the world to be proven effective againstContinue Reading

Increases PAT by 29% and retains industry-best NPLs ‘A’ Stable rating reaffirmed by ICRA Rated amongst Top 50 Brands for 2019/20 by LMD Commercial Leasing and Finance PLC (CLC) concluded FY2019/20 on an impressive note, consistently performing well year on year despite the extremely challenging events that marked the financialContinue Reading

Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, successfully conducted the IIT Careers Day 2020 on an online platform for the first time in its history. The transition to the online platform was in keeping withContinue Reading

VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced the appointment of Devendra Manuvel to the company’s leadership team as Country Sales Manager for Sri Lanka and the Maldives. In his new role, Devandra will oversee the delivery of VMware’s industry-leading innovations to the region, enabling organizationsContinue Reading

Reiterating its customer centricity, Mobitel, one of Sri Lanka’s leading mobile service providers, has constantly addressed the needs of mobile consumers with innovative products and services. In its latest venture, Mobitel has come forward to fulfill the needs of Huawei smartphone users by integrating its cutting-edge Mobitel Selfcare app, MobitelContinue Reading

By Roshan Abeygoonewardena The Finance Houses Association of Sri Lanka (FHA), as the apex body of 39 Regulated Finance Companies registered with Central Bank of Sri Lanka (CBSL), plays an important role in the finance and banking sector of Sri Lanka. The association acts as the mediator to the Non-BankingContinue Reading

BID2WIN bidding competition organized by zMessenger in collaboration with HUTCH was concluded recently with an awards ceremony that rewarded the winners of several promotions conducted this year. Ashane Imantha Gunesena from Kaduwela emerged as the winner of Wagon R Car Promotion which was held from 1st Feb to 31st MarchContinue Reading

IFS, the global enterprise applications company was duly recognized as a leader in the Gartner Magic Quadrant for Field Service Management (FSM).   IFS achieved the highest overall position for its ability to execute in the 2020 Gartner Magic Quadrant for Field Service Management which is a testament to its long-termContinue Reading

SIEMENS – DIMO consortium recently signed agreement with the Ceylon Electricity Board (CEB) to embark on the Medium Voltage distribution sub project package 05 of the “National Transmission and Distribution Network Development and Efficiency Improvement Project” aimed at enhancing national power supply. The package 04 of the above project wasContinue Reading