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People’s Bank distributes over Rs.150 million to customers in 10 days via its Mobile Banking Vehicle

People’s Bank’s Mobile Banking Unit, which was launched with the objective of bringing banking services to the doorstep of customers who were unable to visit the bank due to the curfew situation caused by the Coronavirus, was successfully able to disburse over Rs.150...
Posted On 24 Apr 2020
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UK official firm on using Huawei for 5G

Britain’s government made a firm decision to allow China’s Huawei to have a role in building the country’s 5G phone network and as far as the foreign ministry’s top official understands it is not being reopened, according to media reports. Britain decided in January to allow...
Posted On 24 Apr 2020
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Pelwatte pledges best preventive protocols while milk processing during COVID 19

Pelwatte Dairy Industries, Sri Lanka’s leading local dairy processing company has taken all the necessary steps to ensure the best practices for health and prevention protocols are followed during the dairy processing. The company, which has continued with uninterrupted dairy...
Posted On 24 Apr 2020
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Kapruka delivers a donation of essentials to the families of healthcare staff at IDH

Leading Sri Lankan e-commerce store Kapruka, recently donated a round of essentials to each of the over 600 dedicated, selfless healthcare workers employed at the Infectious Diseases Hospital (IDH). The online store has also progressively delivered these essentials right to the...
Posted On 24 Apr 2020
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99X Technology combats COVID-19 digitally in Sri Lanka and Scandinavia

Partners with UNDP Sri Lanka and Sureway AS, Norway to create digital solutions to assist communities and organisations through the pandemic   During the current global lockdown, leading Sri Lankan product engineering company 99X Technology has harnessed its core strength –...
Posted On 24 Apr 2020

Huawei Q1 2020 revenue tops US $ 25 Bn

Huawei today announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated US$ 25.69 billion CNY182.2 billion in revenue, an increase of 1.4% year-on-year. The company’s net profit margin in Q1 2020 was 7.3%. As COVID-19 continues to...
Posted On 24 Apr 2020

DFCC Bank provides financial concessions to those affected by the COVID-19 pandemic

In aiding the prevailing situation in the country, a full-service commercial bank DFCC Bank, has made the responsible decision to provide financial concessions to its valued customers who have been affected by the Covid-19 pandemic, in accordance with the relief guidelines...
Posted On 24 Apr 2020

HNB announces relief assistance to help cardholders tide over the impact of Covid-19 outbreak

HNB PLC announced the implementation of a slew of special support measures to provide financial relief to their cardholders. The Bank said it had initiated these measures to help their valued customers and community tide over this difficult period, so that they could focus on...
Posted On 24 Apr 2020

Rakuten Viber Reports 4x Higher Call Volume

Leading messaging and calling app witnesses surge in the usage during COVID-19 health crisis Rakuten Viber, one of the world’s largest communication platforms, has increased its capacity for core features and developed a number of new initiatives to help people stay connected...
Posted On 24 Apr 2020