Markets and Financial

Huawei revenue for Q1 2019 tops over US $ 26 Billion

Huawei recently announced its business results for the first quarter of 2019. In Q1 of this year, Huawei generated CNY 179.7 billion or US $ 26 billion in revenue, an increase of 39% year-on-year. The company’s net profit margin in Q1 2019 was about 8%, slightly higher than...
Posted On 24 Apr 2019
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RaincoMosquito-Proof Nets Endeavours to Protect Every Household

After recently concluding an extremely successful novel consumer promotion titled ‘Rainco Thegi Dela’ for its mosquito nets, Chief Operating Officer, Rainco (Pvt) Ltd, Ahmed Aroos, shared his views on the company and its ethos. Q: Briefly describe the Rainco brand A:Rainco has...
Posted On 24 Apr 2019
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John Keells Properties signs exclusive contract with John Keells IT and Sri Lanka Telecom for smart living solution

In a landmark move that will redefine urban lifestyles in Sri Lanka, John Keells Properties (JKP) has entered into a partnership with Sri Lanka Telecom (SLT) and John Keells Information Technology (JKIT) to implement a turnkey smart living solution developed exclusively for...
Posted On 24 Apr 2019
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Softlogic GLOMARK unveils mini format GLOMARK Essentials at Asiri Hospitals in Colombo and Kandy

After entrenching its credentials in the modern trade market, Softlogic GLOMARK, Sri Lanka’s first inspirational global market, launches GLOMARK Essentials, the mini format of Softlogic GLOMARK. This astute strategy to have the big format Softlogic GLOMARK along with the new mini...
Posted On 18 Apr 2019

TRAVEL AND TOURISM

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Emirates rolls out special Easter menus

Emirates is introducing seasonal treats to celebrate Easter on board and in select airport lounges worldwide. The Easter menu is available to customers in all cabin classes from 19 to 23 April when travelling from Dubai to destinations in Europe, Australia, New Zealand, USA,...
Posted On 17 Apr 2019
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Emirates implements plans to ensure smooth and punctual travel experience out of Dubai during runway closure

Measures result from 14 months of careful planning with stakeholders Customers urged to arrive early to airport to minimise delays With the Southern Runway revamp starting 16 April at Dubai International Airport, Emirates has been working hard to implement measures to further...
Posted On 17 Apr 2019
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Kokis and Aluwa on the menu as ‘Avurudu’ spirit inspires Emirates

Award winning airline to serve traditional Sri Lankan sweetmeats at Emirates Lounge in Colombo on April 13 -14 It may be one of the world’s largest airlines, but Emirates has been caught up in the spirit of the “Avurudu” – Sri Lanka’s charming celebration of the Sinhala and Tamil...
Posted On 12 Apr 2019
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Capital TRUST acquires Taxiyak and launches Taxiya

Enters the taxi hailing app market to become a leading Sri Lankan mobility provider Capital TRUST Mobility Solutions (Pvt) Ltd, a subsidiary of Capital TRUST Holdings Limited is launching Taxiya, a mobile taxi hailing service. Focusing on safety, reliability, customer convenience...
Posted On 09 Apr 2019

Technology

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Dell Technologies Sri Lanka honors top channel performers at annual Partner Awards

A total of 37 accolades were awarded to partners from both Sri Lanka and the Maldives at a ceremony recognizing the strong partner ecosystem and contribution to Dell Technologies’ growth and success in these markets Special guest speaker, Dilantha Malagamuwa, the Sri Lankan...
Posted On 24 Apr 2019