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Unilever Sri Lanka commits Rs. 35 million towards Covid-19 relief efforts

Unilever Sri Lanka has committed a sum of Rs. 35 million towards national efforts to tackle the coronavirus (Covid-19) pandemic in Sri Lanka. The company has contributed Rs 20 Million towards Public Awareness, Hygiene and Sanitation Efforts across the country through its flagship hygiene brand Lifebuoy. This includes setting up 70 Lifebuoy handwash stations in public spaces […]

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Experience how Huawei Tech Devices pave way for a Healthy Life

Huawei, the innovative smartphone manufacturer, recently unveiled an array of Health and Fitness products ensuring a more convenient and comprehensive way of looking after health and fitness. Huawei Watch GT2, Huawei Band 4 and Huawei Band 4E help simplify life, track workouts and assist in everyday activities at the same time providing a hassle free […]

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2020 PropertyGuru Asia Property Awards (Sri Lanka) gala night in Colombo will take place in November

NOMINATIONS ARE EXTENDED TO AUGUST DUE TO COVID-19 PANDEMIC Online submissions of entries are open until Friday, 21 August 2020 Precautionary health measures to be conducted before and during awards night In light of the ongoing global health crisis, the organisers of the PropertyGuru Asia Property Awards have made the responsible decision of postponing their […]

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Coronavirus intensifies pressure on Sri Lanka finance companies

The coronavirus outbreak and the resultant prolonged business disruptions will put additional pressure on Sri Lankan finance and leasing companies’ (FLCs) earnings and asset quality, says Fitch Ratings. The ultimate economic and financial market implications of the outbreak are unclear, while Fitch considers the risks to NBFIs’ credit profiles to be clearly skewed to the […]

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Huawei Ranks No.1 in 2019 Data Center Interconnect Market Share Outside of North America

Omdia, a leading market research institute, recently released analysis of 2019 Data Center Interconnect (DCI) vendor market shares. Based on this latest Omdia data, Huawei calculates its market share of all-optical DCI equipment (Huawei DC OptiX) across the three regions excluding North America to be 32.6%, representing the largest market share among global DCI manufacturers. […]

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US government officials using mobile ad location data to study coronavirus spread

US government officials are using cellphone location data from the mobile ad industry —not data from the carriers themselves— to track Americans’ movements during the coronavirus outbreak, the Wall Street Journal reports. The Centers for Disease Control and Prevention, along with state and local governments have received cell phone data about people in areas of […]

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World Bank Fast-Tracks $128 Million COVID-19 Support for Sri Lanka

WASHINGTON, — The World Bank’s Board of Executive Directors Thursday (02) approved the $128.6 million Sri Lanka COVID-19 Emergency Response and Health Systems Preparedness Project to help the country prevent, detect, and respond to the COVID-19 pandemic and strengthen its public health preparedness. The new fast track package will benefit the entire Sri Lankan population […]

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‘Nourishing those who help keep us safe’: Frontline workers battling COVID-19 receive close to half a million serves of Nestlé food and beverage products, worth Rs. 15 million

Sri Lankan workers at the frontline of battling the COVID-19 outbreak received close to half a million serves of food and beverage products from Nestlé, worth Rs. 15 million. The products were donated to the National Operations Center for Prevention of COVID-19 for distribution to medical workers, armed forces and others, in support of the […]