Business and Economy (Page 31)

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Tech Brilliance Unveiled as Informatics Powered AYA SOMPO Insurance’s Victory at Insurance Asia Awards 2023

Informatics International Limited (IIL), a leader in IT software, Infrastructure solutions, and services, proudly announced the resounding achievement of its esteemed customer in Myanmar, AYA SOMPO Insurance, at the prestigious Insurance Asia Awards 2023. AYA SOMPO Insurance secured the coveted “Technology Excellence Initiative of the Year – Myanmar” award, aContinue Reading

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Alumex PLC selected as Material Sponsor for Sri Lanka’s First Ever Formula Electric Car

Alumex PLC, Sri Lanka’s most trusted aluminium brand and subsidiary of the Hayleys Group, has partnered with the Mechanical Engineering Department of the University of Moratuwa, to champion Sri Lanka’s inaugural formula electric car as the material sponsor at the “EXMO 2023” exhibition which is the University’s flagship engineering exhibition.Continue Reading

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Huawei and Ericsson Sign Long-Term Patent Cross-Licensing Agreement

Huawei and Ericsson have signed a long-term global patent cross-licensing agreement that covers patents essential to a wide range of standards such as 3GPP, ITU, IEEE, and IETF standards for 3G, 4G, and 5G cellular technologies. The agreement covers the companies’ respective sales of network infrastructure and consumer devices, grantingContinue Reading

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Scybers and Cyber Leadership Institute Partner to Develop the Next Generation of Cybersecurity Leaders

Scybers, a leading cybersecurity firm, today announced a partnership with the Cyber Leadership Institute (CLI), a global leadership training organization focused on developing visionary cybersecurity leaders. The partnership will combine Scybers’ expertise in cybersecurity with CLI’s leadership development programs to create a comprehensive training and mentorship program for the nextContinue Reading

COMPLAST 2023 ශ්‍රී ලංකාවේ අපනයන ආර්ථිකයේ සංවර්ධනය කෙරෙහි අවධානය යොමු කරයි

ශ්‍රී ලංකාවේ අපනයන ආර්ථිකය සවිබල ගැන්වීමේ අරමුණින් සංවිධානය කරනු ලබන COMPLAST 2023 නිෂ්පාදන ප්‍රදර්ශනය අගෝස්තු මස 25 සිට 27 දින දක්වා බණ්ඩාරනායක සම්මන්ත්‍රණ ශාලා පරිශ්‍රයේදී පැවැත්වේ. ශ්‍රී ලංකා ප්ලාස්ටික් හා රබර් ආයතනය (PRISL), ඉන්දියානු සමාගමක් වන Smart Expos India (PVT) Ltd සහ ශ්‍රී ලංකා කාර්මික සංවර්ධන මණ්ඩලයේ එකාබද්ධ සහයෝගීතාවයෙන් පැවැත්වෙනContinue Reading

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Technomedics International ushers in new members to its Board of Directors

Technomedics International (Pvt) Ltd., a company that has been driving the advancement of Sri Lanka’s healthcare sector for over Twenty seven years and is the market leader in most categories of it’s offerings, has recently appointed Mr. Murali Prakash and Mr. Kalum Katipearachchi as Non-executive Directors to their esteemed leadershipContinue Reading

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Dream Music Fest 3.0 Sri Lanka’s Pinnacle Musical Event Returns for an Unforgettable Evening

The Event Management Association of Sri Lanka (EMA), together with 𝙁𝙤𝙣𝙙𝙧é, announces the grand showcase of “Dream Music Fest 3.0,” a phenomenal audio-visual concert experience that promises to redefine entertainment norms. This extraordinary event is scheduled to unfold on the 29th of August 2023, commencing at 6.00 pm, at BMICHContinue Reading

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SPARK 2023 Grand Finale Ignites Entrepreneurial Spirit Among Sri Lanka’s Youth

The Ceylon Chamber of Commerce and the International Labour Organization join forces to promote youth entrepreneurship in Sri Lanka ‘SPARK’- a national competition for Sri Lanka’s next generation of entrepreneurs celebrated the grand finale on 21st August, coinciding with World Entrepreneurship Day. The much-awaited event saw the country’s most promisingContinue Reading

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CMTA Advocates for Balanced Approach to Import Regulations for Commercial Vehicles and Busses

The Ceylon Motor Traders Association (CMTA), the senior most automotive association in South Asia, has addressed the recent announcement regarding the relaxation of import restrictions for commercial vehicles and buses. While the CMTA acknowledges the positive step of easing these restrictions, they emphasize the need for a sustainable approach toContinue Reading

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APIIT Achieves Remarkable IT Infrastructure Transformation with Huawei Cloud, Empowered by DMS Software Engineering (Pvt) Ltd

APIIT’s Adoption of Huawei Cloud Marks a New Era of Scalability, Security, and Innovation The Asia Pacific Institute of Information Technology (APIIT), a prestigious educational institution, with a 23 year history in quality higher education has achieved a significant milestone by migrating its IT infrastructure to Huawei Cloud, in collaborationContinue Reading