A week-long “Seeds for the future European Grand Finale,” bringing together a select cohort of “Seeds for the Future” alumni hailing from 18 European countries, ended on January 23. Hosted by Huawei Europe, the closing ceremony for the week-long journey showcased the collective achievements of Seeds alumni who had previously attended training programs organized in […]
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Biodegradability seen as the future of plastics and packaging: Congress for Sustainable Materials 2024 concludes
Hayleys Aventura (Pvt) Ltd, a subsidiary of Hayleys PLC, recently hosted the inaugural Congress for Sustainable Materials 2024 at the Kingsbury Hotel, Colombo, with this year’s theme based on ‘The Future of Plastics & Packaging.’ The Congress showcased two distinguished panels, each representative of various industries such as Agriculture, Food, Packaging, Textiles, and Gloves in […]
Adani Power announces Q3 FY24 results
Consolidated power sale volume at 21.5 Billion Units (BU) in Q3 FY24, up by 82% from 11.8 BU in Q3 FY23 due to improved power demand and larger installed capacity. Adani Power Ltd. (APL), a part of Adani portfolio companies, recently announced the financial results for the third quarter ended at 31st December 2023. Commenting […]
Interocean Lubricants Unveils Strategic Expansion in Jaffna with Sinopec
Interocean Lubricants (Pvt) Ltd., Sri Lanka’s exclusive distributor and national nominee in Sri Lanka, Maldives and India for Sinopec, a global leader in lubricants, proudly announced the official launch of its distribution network expansion in Jaffna. The momentous event took place at the prestigious North Gate Hotel, marking a significant milestone in the company’s commitment […]
Synergizing Success: Softlogic IT and HID Forge a Robust Partnership for Future Ventures
Softlogic Information Technologies (Pvt) Ltd is a vibrant entity within Sri Lanka’s technological landscape, operating as a vital component of Softlogic Holdings PLC for the past 30 years. Further strengthening its credentials as a driver of innovation and transformation, Softlogic IT recently entered into a partnership with HID, a world-renowned leader in trusted identity and […]
China Unicom and Huawei Pilot Large-Scale 5.5G Network in Nation’s Capital
China Unicom Beijing and Huawei have successfully deployed a pilot large-scale 5.5G network in Beijing to provide continuous coverage in three key areas, including Beijing Financial Street in the city center, the landmark Beijing Long Distance Call Building, and multipurpose Workers’ Stadium. This first-of-its-kind network is expected to become a benchmark for future 5.5 networks […]
Alumex PLC Ends Exceptional Year with Multiple Industry Accolades
Alumex PLC, a prominent player in the aluminium extrusion industry, capped off an exceptional 2023 year with great successes, clinching over 14 awards in the past year, affirming their leadership in shaping Sri Lanka’s export landscape and commitment to governance, sustainability, and business excellence. At the 25th Presidential Export Awards 2023 Alumex received the coveted […]
VAT on used vehicles hurts the common man and creates a black market – CMTA
The Ceylon Motor Traders’ Association (CMTA) made a statement claiming that the newly imposed VAT on used vehicles, has supported the creation of a black market in the industry, while increasing the market prices of used vehicles which is hurting the common man of the country. The recent implementation of VAT has stirred concerns […]
Team Namibia Wins Huawei’s Tech4Good Global Competition 2023
Team Namibia was crowned the global Champion of the 3rd Seeds for the Future Tech4Good Global Competition. The team’s winning submission was an AI-powered teaching solution called YYeni AI that caters to the needs of every student. YYeni AI provides personalized tutoring to individual students in large classes. The app uses AI algorithms to guide students […]
Sri Lankan Innovators Shine at APICTA 2023: Celebrating Outstanding Achievements in Technology
The Asia Pacific ICT Alliance (APICTA) Awards 2023, held in Hong Kong, witnessed a remarkable showcase of talent from across the region. Among the distinguished winners were nominees from Sri Lanka, selected through the National ICT Awards (NBQSA) 2023 organized by BCS Sri Lanka Section and the Young Computer Scientist (YCS) competition conducted by FITIS. […]