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Composition of the Official Reserve Position Clarified by CBSL

The international reserve management of a central bank is the dynamic and technical process that is normally designed to make sure that a country’s foreign assets are readily available and controlled to attain a defined variety of objectives. Accordingly, the acquisition of appropriate reserve management policies relating to the asset composition, currency mix, liquidity needs, […]

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HUTCH PARTNERS WITH EDOTCO ON OPEN-RAN TO DELIVER SUPERIOR AND AFFORDABLE BROADBAND SERVICES

Hutchison Telecommunications Lanka (Private) Limited (“Hutch”) and its infrastructure partner edotco Services Lanka (Private) Limited (edotco) have launched an Open-RAN trial in order to further reduce the ‘cost of GB data’, and thereby passing the cost benefit to its customers. The trial Open-RAN site was deployed at Polatthapitya in the Kurunegala District. Traditional mobile radio networks were […]

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MSI Launches MSIology: MSI Gameverse Virtual Event to Unveil 12th Gen Intel® H series Laptops

MSI, a world-leading gaming and business computing brand, has launched a virtual event, MSIology: Gameverse, announcing their latest gaming and content creation laptops. Features include the latest 12 gen Intel® H series processors, up to NVIDIA® GeForce RTX™ 3080 Ti Laptop GPU, and MSI-exclusive thermal solutions, which boosts performance to the whole new level. MSI […]

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ICTA to Host the Inaugural ‘National Digital Consortia’ from 10th – 13th January 2022

Featuring 6 Global Tech Giants – Microsoft, Zoom, AWS, Google Cloud, Oracle and Huawei. The Information and Communication Technology Agency of Sri Lanka (ICTA) will host the inaugural ‘National Digital Consortia’, from 10th to 13th January, 2022, in partnership with FITIS, SLASSCOM, BCS, CSSL. In addition, the Ministry of Technology, Export Development Board, and Board […]

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vivo Rewind 2021 – Another Blockbuster Year For The Global Smartphone Brand

With a variety of product launches, improved customer service, a global footprint, successful events, and increased sales, vivo, has emerged as a global leading smartphone maker, and has had another successful year in Sri Lanka. According to Canalys, vivo ranked fourth in the global smartphone market. Let’s look back at all of vivo’s accomplishments this […]

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MITIGATING BRIBERY, CORRUPTION & CORPORATE RISKS WITH AUTOMATED COMPLIANCE

Compfie addresses a major Industrial concern Aparajitha Corporate Services Private Limited, India’s no. 1 company for Compliance in association with 3W, a leading Transformational Consulting and Training Company in Sri Lanka, organised its 2nd Global Compliance Webinar recently.   Aparajitha Corporate Services Private Limited introduced its Global E-Governance & Compliance Platform – ‘Compfie’ in Sri Lanka in association with 3W […]

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DIMO launches 2022 calendar showcasing ancient Sri Lanka to the modern society

DIMO, one of the leading diversified conglomerates in Sri Lanka, introduced the 2022 corporate calendar depicting some of Sri Lanka’s most historic and significant achievements. As a means by which to be proud, while remembering the country’s rich and vibrant past, the DIMO 2022 corporate calendar is a pictorial recreation of some of Sri Lanka’s […]

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EY powered Rapid Transformation at English Tea Shop Organic using a Comprehensive ESOP model

English Tea Shop Organic’ (ETS) brand of Amazon Trading Ltd., established in 2010, has been on a truly transformative journey since implementing a company-wide open book management program in 2015. This was followed by a unique Employee Share Option Plan (ESOP) embarked in 2019 to help build a ‘significantly employee-owned organization’. The ESOP’s Phase 1 […]

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Swiss based Enabling Qapital makes its maiden investment in Sri Lanka with Alliance Finance Co. PLC to support MSME Entrepreneurs across the country

Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has secured a USD 5 Mn medium term financing facility from impact investing fund, EMF Microfinance Fund AGmvK, Liechtenstein advised by Swiss based Enabling Qapital S.A. The financing facility will be used to support Covid impacted Micro SME entrepreneurs across the country in line with […]