Business and Economy (Page 18)

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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

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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

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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

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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

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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