Business and Economy (Page 65)

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First Capital Retains Crown as the Most Valuable Consumer Brand in the Investment Banking Sector – Brand Finance Rankings 2023

First Capital, the pioneering investment institution in Sri Lanka, is delighted to announce its triumph as the ‘Most Valuable Consumer Brand in the Investment Banking Sector,’ featured in the esteemed ‘Brands Annual 2023’ edition by Brand Finance. This achievement marks the second consecutive year that First Capital has secured theContinue Reading

Huawei’s Intelligent Distributed OLTs scores the highest in GlobalData FTTP Competitive Landscape Assessment

GlobalData, a world-leading consulting company, recently released its FTTP (Fiber to the Premise) Competitive Landscape Assessment. In this report, GlobalData gives high scores to Huawei’s SmartAX MA5800/EA5800 series OLT (Optical Line Terminal) products in terms of Customer and Market Traction, Deployment Flexibility, Density/Scalability, Capacity, and ONT Range; and they namedContinue Reading

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Unilever’s Lever Ayush takes centre stage as a Main Partner of the Inaugural Wedaduru Abhiman Presidential Ayurveda Awards ceremony.

Unilever Sri Lanka’s flagship Ayurveda brand, Lever Ayush joined hands with the Department of Ayurveda as a main partner for the recently held “Wedaduru Abhiman, Presidential Ayurveda Award Ceremony” which was organised for the first time in history by the Department of Ayurveda under the Ministry of Health. Wedaduru AbhimanContinue Reading

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Prásara Commits to take Hela Osu to the Next Generation with the new Herbarium

Prásara, the Hela Osu infused wellness brand from Hemas Manufacturing, proudly opened its all-new Herbarium on the 5th July 2023 in Dankotuwa. This all-new Herbarium consists over 200 unique Hela Osu plants and was designed to serve as a hub for education and research, welcoming schools and universities to exploreContinue Reading

NFVI Competitiveness Report Released by GlobalData: Huawei Ranks First for Fourth Consecutive Years with Full Scores in All Dimensions

GlobalData, a world-renowned consulting firm, recently released a report entitled “Network Function Virtualization Infrastructure (NFVI)/Telco Cloud Infrastructure: Competitive Landscape Assessment”. The report evaluates global telco cloud platform vendors in terms of architecture, carrier-grade capabilities, management, market momentum, performance, and professional services. Huawei telco cloud solution was once again named theContinue Reading

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HUTCH promotes sustainable and organic agriculture at Walpola Engineering Complex

HUTCH, the pioneering telecom operator in Sri Lanka, remains steadfast in its commitment to supporting its workforce amid the prevailing economic challenges. In line with its comprehensive range of initiatives, HUTCH has introduced a highly commendable measure to support its employees by establishing a sustainable vegetable plot at its 8-acreContinue Reading

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FHA commemorates 65th Anniversary by planting record number of trees

All 37 members of the Finance Houses Association of Sri Lanka (FHA), collaborated to showcase their commitment to sustainable finance, by initiating the planting of a record breaking 261,196 trees, to commemorate its 65th Anniversary. This is recorded as the highest number of trees ever planted in a single dayContinue Reading

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First Capital Colombo Investor Symposium Concludes with Great Success

First Capital, the pioneering investment institution and non-bank market leader in primary dealing, successfully concluded the 8th edition of the First Capital Colombo Symposium 2023, one of the largest investor symposiums ever held in Sri Lanka. The event themed “Invest with Impact, Seize Capital Market Opportunities” took place on JulyContinue Reading

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Hayleys Fentons ICT and NEC Japan Launch Groundbreaking Event to Drive Hospitality Innovation in Sri Lanka

▪ Aims to revolutionize the way technology drives hospitality experiences ▪ Unveiled “Smart Hospitality” trends, including Smart Check-in ▪ Expected benefits include up to 15% increase in revenue generation for hotels Hayleys Fentons ICT, Sri Lanka’s pioneering PABX (Private Automatic Branch Exchange) communication system service provider, joined forces with NECContinue Reading

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Edotco Partners with HUTCH to Launch its First Advertising Panel in It’s Street Furniture Network

Hutchison Telecommunications Lanka (Private) Limited (“Hutch”), and its infrastructure partner Edotco Services Lanka (Private) Limited (“Edotco”) launched the very first advertising LED Panel in Edotco’s smart lamp pole network. Edotco has close to 700 such smart lamp poles in the country in various key strategic locations, and this LED AdvertisementContinue Reading