Business and Economy (Page 183)

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Calls for positive reforms strengthening legal enforcement and industry cooperation The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance practices while acting as the mediator to the non-banking financial industry. Since its inception in 1958, the association has playedContinue Reading

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Offering an uninterrupted smartphone experience Huawei, the innovative smartphone manufacturer, recently unveiled the all-new Huawei Y6p featuring a 5000mAh long-lasting battery that helps users get through their everyday tasks without any interruption. This resourceful addition to the entry-level Y6p proves to be highly effective and comes in as a surpriseContinue Reading

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Celcius Health Mask® is the latest addition to the innovative product range of Celcius Solutions (Pvt) Ltd., the leading manufacturer and supplier of bedding products in Sri Lanka. This personal protective mask is Sri Lanka’s first National Medicines Regulatory Authority (NMRA) certified reusable mask for non-medical use (NMRA/MDR/P-8/01/2020) which hasContinue Reading

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Huawei announced its business results for the first half of 2020 today. The company generated over US $ 64.2 billion (CNY 454 billion) in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%. Huawei’s carrier, enterprise, and consumer businesses achieved US $ 22.58 billionContinue Reading

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IFS, the global enterprise applications company, was recently recognized in the top five Export Corporate Brands for IT Services in the latest edition of the Brands Annual magazine. IFS secured this achievement on the back of outstanding financial performance and delivering best-in-class ERP solutions to both local and international customers.Continue Reading