In a rapidly changing manufacturing industry, international producer and supplier of coconut products Silvermill joined hands with IFS to embark on a digital transformation journey, embracing cloud-first, modern technology to ensure productivity and business continuity amid the pandemic. Suresh Silva, Managing Director, Silvermill Group of Companies, said, “We are excited to embark on this journey […]
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Pelwatte Dairy ensures resilient growth and production amidst the challenges
Pelwatte Dairy Industries, the pioneering local dairy producer in the county, has shown resilience during the pandemic and its effects along with other challenges as environmental conditions and public policies. The fluctuations in milk production, difficulty in transportation and logistics, disruption in the supply chains, worker shortages in the factories and increased production cost are […]
Hemas and Plasticcycle expands plastic waste collection network
Hemas Consumer, together with the John Keells Group’s social enterprise project- Plasticcycle completed the expansion of the project’s plastic collection bin network to 25 new collection points in the financial year 2020/21. This recent expansion is the resultant effort of Hemas Consumer, a leading manufacturer in Sri Lanka’s home and personal care sector to remain […]
Huawei launches stunning stand-alone monitor: Huawei Display 23.8” in Sri Lanka
Huawei has been focusing on seamless connectivity across all devices to help users conveniently access the digital space. Huawei Display 23.8’’ is the latest stand-alone monitor to arrive in Sri Lanka, revolutionizing the computer accessories segment. Huawei Display 23.8’’ is an embodiment of innovation and stunning design thanks to a full view display, which is […]
Commercial Leasing & Finance PLC (CLC) posts historic profits in COVID-impacted FY2020/21
Profit Before Tax up by 34% over previous year to record Rs. 2.67 Bn Profit After Tax soars by 43% to reach Rs. 2.2 Bn 60,000 moratoriums granted to support customers Gross Portfolio growth of 15% Deposit growth of 32% NPLs at 6.49% against industry average of over 13.87% Provision cover of 107% over NPLs […]
Huawei launches the comprehensive fitness tracker Band 4e (Active) in Sri Lanka
Huawei Smart bands have become highly popular around world for the highly advanced, productive and innovative built-in features offered at affordable price points. Beyond the typical fitness tracking functions, Huawei Smart bands come with a host of unique features that facilitate everyday life. The newest addition to Huawei’s Band series, Huawei Band 4e (Active) is […]
PropertyGuru Asia Property Awards (Sri Lanka) returns for fourth edition as part of a regionwide event in December
ASIA’S MOST EXCLUSIVE, PRESTIGIOUS REAL ESTATE AWARDS SERIES RESUMES SEARCH FOR THE BEST DEVELOPERS, PROJECTS IN THE ISLAND NATION General public nominations and official entries accepted until 24 September 2021 Virtual media roundtable on 22 June celebrates the programme’s long history of rewarding real estate achievements in South Asia, with insights into recovering segments of […]
Baby Cheramy embraced as the Most Loved Baby Care Brand at Brands Annual 2021
Baby Cheramy, Sri Lanka’s No.1 baby care brand of Hemas Consumer was recognized by LMD’s Brands Annual 2021 edition, further reinforcing the trust and allegiance of its loyal customers. Baby Cheramy was named the Most Loved Brand in the Baby Care sector in Brands Annual 2021 rankings released by the leading brand valuation and strategy […]
Bimanee Meepagala joins Comtrust Asset Management as Chief Investment Officer.
Comtrust Asset Management (Comtrust) is pleased to announce the appointment of Ms. Bimanee Meepagala as its Chief Investment Officer with effect from 1st June 2021. Counting over 15 years’ experience in Capital Markets, Bimanee brings a wealth of professional and academic knowledge encompassing investments, economics, risk, finance and insurance. Prior to joining Comtrust Asset Management, […]
Huawei Releases AR White Paper and Elaborates on Benefits of 5G + AR
At Huawei’s Better World Summit for 5G + AR, Huawei Carrier BG CMO Bob Cai delivered a keynote speech titled 5G + AR, Turning Dreams into Reality. In this speech, Cai said that 5G will switch on AR, and AR will light up 5G. He also announced the release of the AR Insight and Application […]