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Huawei revenue in Q3 2020 at a 9.9% growth

Huawei recently announced its business results for the first three quarters of 2020. During this period, Huawei generated CNYv671.3 billion in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei’s business results basically met expectations. […]

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Top ICT Students to Represent Asia Pacific in Huawei ICT Competition Finals

The 2019-2020 Huawei Asia Pacific ICT Competition, under the theme of “Connection, Glory, Future,” successfully concluded on Wednesday. Institut Teknologi Bandung (ITB) from Indonesia won champions of both the Network and Cloud tracks in this regional finals, and will represent the Asia Pacific region in the global finals. This year, the Huawei ICT competition in […]

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Adapting to a new Reality with Enterprise Software

The COVID-19 pandemic is still raging on, threatening businesses as well as economies as it has brought unprecedented challenges that the world must grapple with in the coming years. The pandemic brought with it the need for organisations to relook at business models for business continuity, safeguard employees and ensure products and services are delivered […]

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Ideal Motors and Ideal First Choice breaks new ground in Sri Lanka offering industry-first free insurance cover

Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of charge, an industry first for vehicle owners who continue to avail services from both Ideal Motors and Ideal First Choice workshops. The Ideal Motors main workshop located in […]

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Are Licensed Finance Companies the missing link in Sri Lanka’s Financial Inclusion quest?

By Krishan Thilakarathne Financial Inclusion is essential for continuous and sustainable economic development, according to IFC. This is no exception for Sri Lanka despite showing strong numbers in bank penetration. According to the World Bank Group’s (WBG) Global Findex for 2017, nearly 74 percent of population in Sri Lanka have accounts at a financial institution, […]

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Huawei releases Sustainability Progress Report

Enriching lives with technology Huawei Consumer Business Group (BG) recently published its Sustainability Progress Report. The report highlights the company’s sustainability achievements over the past decade, covering four major areas including information accessibility, education and health, environmental protection, and corporate responsibility. This marks the first time that Huawei Consumer BG shares its sustainability progress on […]

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HUTCH Danumai Miliyanayai quiz winners rewarded

HUTCH, Sri Lanka’s preferred choice for mobile broadband services recently rewarded the winners of HUTCH Danumai Miliyanayai in a grand prize-giving ceremony held at the Hutch Head Office, Colombo. Danumai Miliyanayai, which ran for a six-month period is a general knowledge quiz competition. BeyondM, a subsidiary of the hSenid Software International is the platform and […]

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VMware Delivers Intrinsic Security to Sri Lanka’s Digital Infrastructure, Fast Tracking Business Innovation and Resilience

Focus on intrinsic security enables organizations to build future-ready businesses to thrive in the age of the distributed workforce Cutting edge solutions provide CISOs with unprecedented visibility into the enterprise workplace to respond, adapt and accelerate businesses for the new normal VMware, Inc., a leading innovator in enterprise software, recently announced new advancements to its […]

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DIMO Southern Warriors clinch inaugural Army Commander’s T20 league 2020 Trophy

The inaugural Sri Lanka Army Commander’s T20 League tournament concluded on the 17th October 2020 at the SLAOC Grounds, Dombagoda with DIMO Southern Warriors emerging victorious.  DIMO Southern Warriors beat Super Fashion Northern Warriors by 9 runs in an exciting game which swung in favor of both sides throughout the match. DIMO Southern Warriors who […]