Business and Economy (Page 27)

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Huawei announced the 57 winners of the XMAGE Awards 2023. The competition, which spotlights photos taken with Huawei devices, named three Grand Prize winners, 17 Best-in-Category winners, 34 Runner-up winners, and three Honorable Mentions. This year’s winners were selected from more than 600,000 entries received between April 7 and AugustContinue Reading

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FACETS Sri Lanka 2024, Asia’s Premier Gem and Jewellery Exhibition, a collaboration between the Sri Lanka Gem and Jewellery Association (SLGJA), the National Jewellery Authority (NGJA), and the Export Development Board (EDB) takes centre stage from January 6th to 8th, 2024. Located at the prestigious Atrium Lobby of the CinnamonContinue Reading

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Varun Beverages Lanka (Pvt) Ltd. (VBL), a leading carbonated beverage manufacturer and the official bottling and distribution franchise of PepsiCo beverages in Sri Lanka, recently held a memorable event in celebration of World Children’s Day. The event, organized by the dedicated 5S committee, aimed to foster togetherness and exemplify theContinue Reading

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ParentPay Group the leading international education technology company has announced the opening of its new development centre in Sri Lanka. The ParentPay Lanka (Pvt) Ltd. office is conveniently situated in the Elegance Building at No. 2 Rajagiriya Road, Rajagiriya. With more than 1,000 employees worldwide ParentPay Group is also aContinue Reading

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With the post-pandemic accelerated digital adoption, cyber-attacks on startups and small businesses are rapidly increasing around the world. While the big, high-profile breaches make headlines, many intruders prefer to target smaller unprepared organizations. During the last year, cyberattacks on small companies surged by more than 150%, according to RiskRecon, aContinue Reading

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Huawei announced its business results for the first three quarters of 2023 today. During this period, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%. “The company’s performance is in line with forecast,” said Ken Hu, Huawei’s Rotating Chairman. “I’dContinue Reading

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DIMO Agribusinesses, in collaboration with its steadfast partner Mahindra Tractors, has recently unveiled the state-of-the-art Mahindra Yuvo Tech+ 585 tractor, boasting 50 HP, to serve the needs of the Sri Lankan farming community. The introduction of the Mahindra Yuvo Tech+ 585 tractor to the Sri Lankan market took place amidstContinue Reading