Business News

At the 15th Huawei Global Analyst Summit (HAS), David Wang, Huawei Executive Director of the Board and President of Products & Solutions, unveiled the company's new three-layer innovation philosophy: product innovation, system architecture innovation, and business model innovation.

Good news for all reading buffs out there across the country - the world’s biggest book sale, the Big Bad Wolf Book Sale, is coming back to Sri Lanka for the second time! Last year’s inaugural sale took place in October, and to eager readers’ joy, it has been brought forward to June 2018 this time around.

DMS Software Technologies, a leading and pioneering IT Solutions Company in the country has successfully deployed DMSiTOS at Classic Destinations, providing the ideal platform for the company to significantly improve productivity and customer experience.

Emirates, the world’s largest international airline, has been recognised at the World Travel Awards Middle East 2018 with four awards - Middle East’s Leading Airline, Middle East’s Leading Airline Brand, Middle East’s Leading Business Class Airport Lounge and Middle East’s Leading Cabin Crew.

The third and final phase of the stunning 22-acre prime Orchid project in Malabe, Orchid Apartment-2 is now successfully completed and ready to move in.

On April 15, 2013, Ford and General Motors signed an agreement to jointly use automatic transmissions developed by the two automakers.

Credence Genomics Sri Lanka’s first and only NGS based diagnostic firm made Sri Lanka proud again by reaching the finals of Pitch@Palace Commonwealth.

Hatch Kalam, the first maker and co-worker space in Jaffna was officially launched this April following the signing of the agreement between Hatch Works, GIZ SME Sector Development Programme and Yarl IT Hub.

“ With the shares of the Anand Mahindra led, Mumbai headquartered Mahindra & Mahindra Ltd surging more than 2% to hit an all-time high, thus steering the automaker to join the club of Rs 1 lakh crore market capitalisation on the Bombay Stock Exchange, Sri Lanka can only but benefit as M & M will soon be setting up their automotive assembly plant as a result of the joint venture entered into with Ideal Motors Ltd., a fully owned subsidiary of the Ideal Group, to assemble automotive vehicles in Sri Lanka”, said Founder Chairman of the Ideal Group, Nalin Welgama.

Cool Planet, Sri Lanka’s premier retail giant recently expanded their showroom in Maharagama bringing along with it an array of facelifts to the premises.