The Ceylon Motor Traders Association (CMTA) the most senior automotive association in South Asia, recently concluded another Stakeholder Breakfast Forum, which was held at the Hilton Colombo Residencies. The event was graced by the Ambassador for Japan in Sri Lanka His Excellency Mizukoshi Hideaki as the guest speaker while several senior officials from Ministries, Government […]
The ICT industry, including the BCS the Chartered Institute for IT (Sri Lanka Section), Computer Society of Sri Lanka (CSSL), Federation of Information Technology Industries (FITIS) and the Sri Lanka Association of Software Services Companies (SLASSCOM), came together to commend the President of Sri Lanka, the Treasury, and the Central Bank of Sri Lanka for […]
The Chamber of Young Lankan Entrepreneurs (COYLE) held its 24th Anniversary Celebrations on 10th March 2023, at Shangri-La Hotel, Colombo. The event was attended by the chief guest, Prime Minister, Hon. Dinesh Gunawardena; the guest of honour, U. S. Ambassador, H. E. Julie Chung; former President of Sri Lanka, Hon. Maithripala Sirisena; Chief of the […]
Huawei plans to develop fifty thousand ICT talents in South Asia in the next five years. The strategy will include various programs like building ICT academies, different ICT and startup competitions, online course enrollment, fresh employee recruitment, etc. The announcement has come in an event titled ‘Building a Smart Talent Ecosystem, In South Asia, For […]
M Power Capital., one of the leading corporate finance and investment banking firms in the country, is pleased to announce the appointment of Lakmal Jayarathne as its new CEO with effect from April 2023. Lakmal, a qualified management accountant, is a very competent investment banker with over 20 years of varied and comprehensive experience in […]
DIMO Academy for Technical Skills (DATS) recently held its 31st Convocation ceremony at the Sirimavo Bandaranaike Memorial International Conference Hall to honour the graduates of the year 2022. The ceremony was a proud moment for the institute as it produced yet another batch of globally recognized Automobile Mechatronics technicians for the country. The students who successfully […]
Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, representing 25.1% of the company’s annual revenue and bringing its total R&D expenditure […]
The Sri Lanka Institute of Marketing (SLIM) recently hosted the annual 2023 panel discussion in celebration of the International Women’s Day at Hilton Colombo Residences, for the fourth consecutive year. This year’s topic for the forum was Women’s Leadership in Crisis, Change and Transformation, and the keynote address was based on Unlocking Women’s Leadership Potential […]
Sri Lanka with its transcendent beaches and beautiful mountain ranges is vastly considered to be one of the world’s top tourist destinations. Tourism contributes a significant % (12.6% in 2018) to Sri Lanka’s GDP, and the businesses across the sector are struggling significant drops in tourist numbers. There has been a <70% drop in the […]
FitsAir, Sri Lanka’s first privately owned international airline, increases the frequency of its flights to and from Colombo to Dubai to daily. The daily services between the two destinations began on 26th March 2023. The decision to increase the frequency of flights from 4 times a week to daily comes as a response to requests […]