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Flexibility within limits – The underlying premise driving the NBFI sector

By Niroshan Udage As an integral part of the Country’s financial system, Licensed Finance Companies (LFCs) and registered leasing  companies play a vital role in the development of the national economy. Collectively known as the Non-Bank financial (NBFI) sector, they offer a gamut of financial solutions to cater to individuals, proprietors, partnerships, corporates or business […]

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Huawei Announces New Developer Technologies Capable of Smarter All-Scenario Experiences

Huawei Developer Conference 2020 (Together) was held today at Songshan Lake. In the keynote speech, Huawei announced major upcoming updates for HarmonyOS 2.0, EMUI 11, HMS(Huawei Mobile Services), HUAWEI HiLink, and HUAWEI Research. These improvements will empower global developers and ecosystem partners to provide enhanced and innovative user experiences for users. At the event, Huawei […]

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Pelwatte Dairy Partners with Leading Supermarket Chains to Offer New Product Deals

Pelwatte Dairy transforms the shopping experience with value-for-money dairy deals Pelwatte Dairy Industries – Sri Lanka’s renowned dairy producer – has extended some exciting value-for-money deals that can be availed at Sri Lanka’s leading supermarket chains this September. The home-grown company is celebrated for its healthy, fresh and delicious range of dairy products that include […]

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Asia Capital to undergo restructuring to bring value to both Malaysian, Japanese investors

Appoints Frontier Capital lead Nishan Sumanadeera as legal and financial consultant to restructure and to restore confidence among foreign investors Amidst ongoing negotiations between key Japanese and Malaysian investors of Sri Lanka’s one of the pioneering investment bank – Asia Capital PLC (ACAP), the company has recently stepped into appoint a legal and financial consultant […]

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Mitsubishi Heavy Industries recognises Singer Sri Lanka for outstanding performance

Singer Sri Lanka PLC has been commended for its exceptional sales performances, best sales improvement and their contribution for VRF Inverter Multi system Air Conditioning Solutions of Mitsubishi Heavy Industries. Singer Sri Lanka has been a partner of Mitsubishi Heavy Industries Air Conditioner sales in Sri Lanka since 2015. The global integrated business enterprise Mitsubishi is […]

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Path breaking Huawei Golf Tournament teed off in Sri Lanka

Huawei, the leading global technology solutions provider, recently hosted the “Huawei Golf Tournament 2020” in Sri Lanka, ushering a monumental partnership with the country’s golf game. In its latest foray into sports inclusion in Sri Lanka, Huawei ran the two-day Golf Tournament at Sri Lanka’s historic golf venue-the Royal Colombo Golf Club.   Commenting on the […]

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Ocean Lanka recognises sixty-three long-serving employees

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric manufacturer, recognised and rewarded a large cohort of long-serving employees at the ‘Sewa Abhiman 2020’ Loyalty Awards, where gold coins were presented to 63 employees, who completed 10 years of service at the company. Addressing the staff, Managing Director of Ocean Lanka, Dr. Austin Au, […]

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Asia Capital to undergo restructuring to bring value to both Malaysian, Japanese investors

Appoints Frontier Capital lead Nishan Sumanadeera as legal and financial consultant to restructure and to restore confidence among foreign investors Amidst ongoing negotiations between key Japanese and Malaysian investors of Sri Lanka’s one of the pioneering investment bank – Asia Capital PLC (ACAP), the company has recently stepped into appoint a legal and financial consultant […]

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Innovative Microwave Solutions Proposed at Huawei 5G Microwave Asia-Pacific Conference for Heavy-Rain Regions

The Huawei 5G Microwave Asia-Pacific Conference was held online recently, bringing together more than 130 guests to share insights into 5G microwave applications and to discuss how microwave solutions contribute to accelerating 5G development in the Asia-Pacific region. At the conference, Huawei proposed an innovative solution to solve transmission capacity and distance bottlenecks that traditional […]