Market

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Huawei releases its 2019 Annual Report

Huawei revenue up 19.1% year-on-year to US $ 123 Bn in 2019  [March 31, 2020] Huawei released its 2019 Annual Report today, detailing a solid business performance. The company’s global sales revenue in 2019 rounded off at US $ 123 billion (CNY 858.8 billion), up 19.1%...
Posted On 02 Apr 2020

Shipping

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Emirates SkyCargo calibrates cargo operations to better connect global markets

On Monday 30 March 2020, an Emirates SkyCargo flight carrying close to 500,000 Covid-19 testing kits landed at Sao Paulo airport in Brazil. The kits were moved from Guangzhou via Dubai by the air cargo carrier on the first of two such flights operated to transport supplies to Sao...
Posted On 31 Mar 2020

Enrergy

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Hayleys Fentons secures EPC to install 4MW rooftop solar project at Hayleys Fabric in partnership with Hayleys Power

Leading Sri Lankan integrated solutions specialists, Hayleys Fentons announced its partnership with sister companies Hayleys Fabric and Hayleys Power to convert the rooftop of one of its primary manufacturing facilities into one of the largest private sector renewable energy...
Posted On 12 Mar 2020

Other

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Hatch & LAN gear up to launch Sri Lanka’s first fintech accelerator

When Hatch opened in 2018, it quickly became a hub for innovators. It enriched the entrepreneurial spirit within its walls by offering generously curated regular programmes of mentoring sessions, learning workshops and events. In April 2020, Hatch in partnership with Lankan Angel...
Posted On 04 Apr 2020