FinTech News

DIMO, a leading diversified conglomerate in Sri Lanka and the authorized distributor for KALMAR equipment in the country, recently delivered the state-of-the-art KALMAR DCU80 Empty Container Handler (ECH) to IWS…

Toyota Lanka (Pvt) Ltd recently had the special honor of hosting distinguished executives from Toyota Tsusho Corporation (TTC). Mr. Atsuhiro Okamoto (The former president of Toyota Motor Corporation Philippines), Senior…

First Capital Treasuries PLC and Lanka Rating Agency Ltd (LRA) are pleased to jointly announce the upgrade of First Capital Treasuries PLC’s credit rating to ‘A+’ from ‘A’, reflecting the…

First Capital Treasuries PLC, a pioneering force in the investment sector in Sri Lanka, has revolutionized the way customers bid at Treasury Bill (T-bill) and Treasury bond (T-bond) auctions by…

Recognizing the paramount importance of a strong digital presence in today’s business landscape, Impactr, an organization dedicated to upskilling, digital technology, and community empowerment, launched its Founder Workshop Series in…

At MWC Barcelona 2025, the Broadband Development Congress (BDC), hosted by the World Broadband Association (WBBA), was a resounding success. Themed “Smarter Broadband: Investment. Innovation. Intelligence,” the congress attracted over…

TiE Colombo proudly launched the highly anticipated Stanford Seed Spark Program during an insightful Fireside Chat event at Elegance, Cinnamon Life. The event marked a significant step in empowering Sri…

Sri Lanka continues to face growing challenges in potable water accessibility, wastewater treatment, and environmental sustainability. As the nation progresses toward a cleaner, greener future, Aqua Science, a division of…

Huawei Europe earned recognition as a Top Employer in Europe for the sixth consecutive year in 2025. This prestigious certification covers the following 17 countries: Austria, Belgium, France, Germany, the…

Classic Travel, one of Sri Lanka’s leading travel solutions providers, has been named the Preferred Sales Agent (PSA) for MSC Cruises, marking an important step in expanding Sri Lanka’s travel…

According to Central Bank data, foreign investors sold Sri Lankan government assets in the week ending January 30 after purchasing them for two weeks. Analysts ascribed the sale to a…

Japanese technology stocks dropped on Tuesday following a global market sell-off triggered by the emergence of a low-cost Chinese AI model, DeepSeek. The model, which uses less data and is…

The World Bank intends to invest $200 million in three major projects over the next three months, according to Martin Raiser, vice president for South Asia at the World Bank,…

Netflix shares rose 15% to an all-time high after the company added a record 18.9 million new subscribers during the holiday quarter. Netflix’s major push into live sports, including events…

DIMO, the diversified conglomerate in Sri Lanka, recently opened its latest DIMO CAREHUB located at Chilaw Road, Horagolla, Marawila, in Puttalam District. The company’s dedication to strengthening the North Western…

First Capital Holdings is excited to announce the renewal of its Platinum Sponsorship with the Ceylonese Rugby & Football Club (CR&FC) for the ongoing rugby season. This marks the second…

Unveiling Sri Lanka’s Economic and Investment Outlook for 2025 First Capital, one of Sri Lanka’s most respected investment institutions, is set to host the 11th Edition of its renowned ‘First…

United Airlines flights will have access to Elon Musk’s Starlink Wi-Fi services as early as this spring, a sign of the widening reach of the tech billionaire. United will begin…

First Capital, a pioneering force in the investment sector was awarded the coveted title of Sector Winner in the Investment Banking Sector at the 10th annual CMA Excellence in Integrated…

Huawei was named a Leader in the Maps 2024 for File Storage and Object Storage, released recently by research and analyst firm Coldago Research. The Coldago Research Map analyzes technology…

Nations Trust Bank has partnered with John Keells CG Auto Pvt Ltd (JKCG Auto), the authorized distributor of BYD passenger vehicles in Sri Lanka, to introduce specialized vehicle financing solutions…

Although there was a sudden increase in the value of the US dollar against the rupee during the past week, it can be observed that the situation is gradually stabilizing.…

TikTok on Monday asked the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless…

The idea that Apple is creating its own 5G modem for the iPhone has been around for a while. Many thought that the iPhone SE 2025 will likely be unveiled…

First Capital Holdings PLC, a pioneering force in the investment sector, achieved an exceptional milestone at the prestigious SLIM Brand Excellence Awards 2024, where it was honoured with the coveted…

The proposal to issue digital driving licenses has been authorized by Sri Lanka’s Cabinet of Ministers, according to Ministers of Media and Health Nalinda Jayatissa. In order to improve data…

A collaborative effort by the Japan External Trade Organization (JETRO) and the Hambantota Chamber of Commerce to draw investments into Sri Lanka’s southern hinterland was backed by the Hambantota International…

Stories of A Heartwarming World, Through Photography On the evening of November 27, the HUAWEI XMAGE Awards 2024 Ceremony & Annual Exhibition took place at Shenzhen Sea World Culture and…

Orient Finance PLC, an established player in Sri Lanka’s financial services sector, has announced a remarkable financial performance for the period ended 30th September 2024, reporting significant growth in key…

Huawei’s South Asia Supplier Convention 2024, held at ITC Ratnadipa on 29th November, brought together key partners from Bangladesh, Nepal, the Maldives, and Sri Lanka to explore new opportunities for…

China Unicom Beijing and Huawei held an event, “5G Capital on the Way – Lighting Up Beijing with 5G-Advanced,” to announce their deployment of the world’s first large-scale integrated 5G-Advanced…

According to reports, tech giant Apple has proposed to raise its investment in Indonesia in an effort to convince the government to relax the iPhone 16 sales restriction. According to…

In alignment with its vision to enhance the lives of all Sri Lankans through innovative financial solutions, First Capital recently partnered with Room to Read for the second consecutive year…

At the Global Mobile Broadband Forum 2024 (MBBF 2024), Cao Ming, Vice President of Huawei and President of Huawei’s Wireless Solution, launched 5G-AA solutions. Cao said: “Mobile AI is changing our…

BY Nadun Gunawardana As the world wrestles with economic challenges and unpredictability, one question remains at the forefront: How can we navigate uncertainty while fostering sustainable growth? For many countries,…

Huawei released the telecom industry’s first All-Optical Network Technical and Application White Paper for Smart Hotel at a forum called “Digital Smart Hotels, Creating Ultimate Experience for Guests.” The white paper describes…

During GITEX GLOBAL 2024, Huawei announced its fully-upgraded Xinghe Intelligent Network Solution and more than 20 all-new AI network products for markets outside China at the IP Club Carnival themed…

Huawei will participate in the GITEX Global 2024, one of the world’s largest technology exhibitions, as a Diamond Sponsor. Huawei will showcase a variety of innovative products and solutions at…

Asia-Pacific Digital Talent Summit 2024 co-hosted by Huawei, ASEAN Foundation, and SEAMEO The 2024 Asia-Pacific Digital Talent Summit successfully brought together government leaders including Secretary-General of ASEAN, Minister of Ministry…

Janashakthi Life, a leading life insurance provider in Sri Lanka, is pleased to announce exceptional financial results for the first-half of 2024. The company achieved record-breaking growth across key performance…

Huawei held the Global Partner Roundtable and Global Partners’ Night, themed Grow Together, Win the Intelligent Era, on September 18, and presented the Huawei Outstanding Partner Awards 2024 to partners…

Huawei announced the implementation stage of the Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand at Digital Learning Week, UNESCO’s flagship event on digital learning and…

 The first European Girls’ Olympiad in Informatics (EGOI) supported by Huawei concluded on July 27th. Throughout the event, the company’s researchers and executives offered inspiring mentorships and support to EGOI…

In Sri Lanka, the momentum towards a robust digital economy is accelerating, fuelled by the innovative contributions of young ICT talents. State universities play a key role in this transformation,…

Apple has revealed the iPhone 16, its first phone designed specifically for generative AI. The base iPhone 16 starts at $799 with a 6.1-inch screen, and the iPhone 16 Plus…

Classic Travel Pvt Limited has achieved a significant milestone by being named the Best Travel Agency for Sri Lanka at the prestigious World Travel Awards ceremony held in Manila. This…

Huawei Sri Lanka recently marked a significant achievement with Sri Lanka reaching a total solar energy capacity of 1 gigawatt (GW) by 2024. This milestone was celebrated at an event…

China Unicom Beijing and Huawei have deployed an ultra-large-scale commercial 5.5G 3CC network in Beijing that covers more than 70% of the area within the city’s 4th Ring Road. The…

The Kelaniya Toastmasters Club hosted its highly anticipated fourth officer installation and new member induction ceremony on 27th July 2024 at the prestigious Bandaranaike Memorial International Conference Hall (BMICH) in…

During the TM Forum Digital Transformation World (DTW) 2024 summit convened in Copenhagen, Denmark, Huawei and China Mobile were awarded the “People and Planet” Excellence Award in recognition of their outstanding innovation…

Hatch has officially announced the appointment of Dilhan Fernando as their new Chairman, marking a significant milestone for the organization. Dilhan, who is also the Chairman, CEO, and Executive Director…

LB Finance PLC, a premier non-banking financial powerhouse in Sri Lanka and Myanmar, has announced a transformative alliance with Huawei to overhaul its core banking infrastructure. This strategic collaboration is…

Huawei Kepler Platform OptiX OSN 9800 K36 has been awarded the prestigious Red Dot Design Award 2024. This recognition highlights the product’s design excellence in digital intelligence, ultra-high capacity, innovative…

The inaugural cohort of the Generation Connect Young Leadership Programme (GCYLP) fellows completed their development week in Switzerland. The GCYLP, an initiative launched by the International Telecommunication Union (ITU) in partnership with…

Huawei received the GeSI Digital with Purpose (DWP) Award 2024 and the DWP Biodiversity Award 2024 yesterday for its automated filtering system designed to protect wild Atlantic salmon in Norway. Developed under…

During the 2024 Huawei User Group Meeting (HUGM), Sun Rui, President of Huawei Wireless Solution R&D, launched the Apollo version — the world’s first commercial 5.5G version based on 3GPP…

Classic Destinations, the inbound travel arm of Classic Travel, is proud to announce that it was recently awarded a Silver Award in the Hospitality and Tourism Sector at the prestigious…

First Capital Holdings PLC, a member of the Janashakthi Group, was honoured with the “Technology Resilient Company of the Year 2024” award in the capital markets sector at the inaugural…

Classic Travel, a leading Sri Lankan travel agency renowned for crafting unforgettable travel experiences, is proud to announce its title sponsorship for Asoka Rugby in the upcoming Schools Dialog U-19…

During TM Forum’s annual Digital Transformation World (DTW), Huawei, in collaboration with China Mobile, was honored with the “Best Moonshot Catalyst-Attendees’ Choice Award” for their pioneering “GenAI for AN” project. Presented by…

Classic Travel, a leading name in the hospitality and tourism sector was recognised with the title of the “Most Technology Resilient Company” at the recently held inaugural ISACA Sri Lanka…

The Sri Lankan team from Moratuwa University has made history by securing the Second Prize in the Practice Competition – Cloud Track 1 at the Huawei ICT Competition 2023–2024 Global…

ITX360, a technology solutions provider specializing in boosting productivity and innovation across various industries, from telecommunications to the public sector, is thrilled to announce its placement among the prestigious 10…

Building on their commitment to improve the lives of all Sri Lankans through financial solutions, Sri Lanka’s pioneering investment institution, First Capital Holdings PLC, renews its partnership with the non-profit…

Huawei unveiled an AI integration plan for networks, aimed at enhancing productivity through an ecosystem of RAN Intelligent Agents. The initial phase targets training 1,000 site engineers and deploying solutions…

First Capital Holdings PLC, a member of the Janashakthi Group, is pleased to announce key appointments to its Board of Directors, effective June 28, 2024. Veteran banker Rajendra Theagarajah has…

Janashakthi Group (JXG) and its key subsidiaries, First Capital Holdings, Janashakthi Life, and Orient Finance, were recently honoured for their contributions to Sri Lanka’s digital landscape at the inaugural Digital…

During the TM Forum Digital Transformation World (DTW) 2024 summit convened in Copenhagen, Denmark, Huawei and China Mobile were awarded the “People and Planet” Excellence Award in recognition of their outstanding innovation…

vivo V30 Series Captures the Thrill of the 2024 European Cup™ Opening Ceremony as Official Smartphone The UEFA European Football Championship 2024 (UEFA EURO 2024™) opened on June 14th, 2024,…

MTN South Africa (hereinafter referred to as MTN) and Huawei co-hosted on June 6th IP Day Summit under the theme “Net5.5G Network Development.” The event brought together top experts from…

Huawei launched the 2024 Tech Arena Contests in Europe at Viva Technology, one of Europe’s biggest tech summits, on Friday. Tech Arena, formerly known as Huawei European University Challenge Program,…

Huawei and its partners have won two prestigious awards for cases demonstrating practical applications of AI in industry. First, during the recent AI for Good Global Summit in Geneva on May 30-31,…

Huawei and the International Union for Conservation of Nature (IUCN) jointly hosted the 2024 Tech4Nature Summit on June 5 to mark the commencement of Phase 2 of the Tech4Nature global…

Gabo Travels, in partnership with Trafalgar, recently hosted an exclusive event to celebrate and appreciate their long-standing clientele at the prestigious Kingsbury Hotel. The event, titled ‘The Big Travel Show,’ was organized…

First Capital Holdings PLC, in collaboration with Habitat for Humanity Sri Lanka, proudly announces the successful completion of its CSR project aimed at providing access to safe and dignified housing…

The Data Center Intelligence Group (DCIG), a leading global technology research and analysis firm, has listed Huawei OceanStor Dorado 8000 and 18000 in its 2024-25 Top 5 Cyber Secure High-End…

At the Huawei Innovative Data Infrastructure Forum 2024 in Berlin, Dr. Peter Zhou, Vice President of Huawei and President of Huawei Data Storage Product Line, presented Huawei’s latest thinking in his…

Orion City, Sri Lanka is proud announce that, Cin7, a world-renowned leader in cloud-based inventory management software has recently moved into its locality. The strategic relocation is a result of…

Huawei unveiled its inaugural HUAWEI XMAGE Global Exhibition, titled A Heartwarming World – 12 Years of Huawei Photography on May 8th, 2024, at the cultural district of Alserkal Avenue in…

The number of transactions performed through LANKA QR nearly doubled in 2023 while the value of these transactions grew by 71.3% to Rs.3.4 billion. In 2023, LANKA QR facilitated 1,141,000 transactions…

IT Gallery Computers Private Limited, a leading player in Sri Lanka’s IT distribution market, recently hosted the prestigious “IT Gallery – Hikvision Partner Summit 2024,” a culmination of their annual…

Sri Lanka’s Computer & IT/BPO-related service exports declined to $70 million in March 2024 from $80 million recorded in March 2023, the Central Bank of Sri Lanka (CBSL) data showed.…

Huawei revealed the winners of the GoPaint Worldwide Creating Activity, celebrating the best works of digital art from Huawei tablet users across the globe. The contest is designed to inspire…

Lenovo, the global technology powerhouse, today announced the opening of the 3rd Lenovo Exclusive Store in Jaffna, Sri Lanka, marking a significant milestone in the company’s presence in the region.…

Renewable Energy target for 2030 revised upwards to 50 GW from 45 GW Adani Green Energy Ltd (AGEL), one of the world’s fastest-growing pure-play renewable energy companies, recently announced financial…

The Huawei Digital and Intelligent APAC Congress, jointly held by Huawei and the ASEAN Foundation, took place in Bangkok. More than 2,000 government officials, scholars, partners, and analysts from 15…

Huawei is presenting its innovative Intelligent Distribution Solution (IDS) at the 26th World Energy Congress in Rotterdam. Developed in collaboration with ecosystem partners, the IDS aims to tackle the electric power industry’s…

The 21st Huawei Analyst Summit (HAS) kicked off on 17 April 2024 in Shenzhen. The event brought together more than 500 analysts, think tank researchers, and other guests from around…

Today, Huawei and EDMI [1] announced signing a patent license agreement under fair, reasonable, and non-discriminatory (FRAND) conditions. Huawei will grant a cellular IoT Standard Essential Patents (SEPs) license, including NB-IoT, LTE-M and…

Huawei Sri Lanka is pleased to announce that a team from the University of Moratuwa has successfully advanced to the Huawei ICT Competition 2023–2024 Global Finals and Regional Award Ceremony…

Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC…

In accordance with Huawei’s Rotating Chairman system, Mr. Xu Zhijun (Eric Xu) will assume the position of Rotating and Acting Chairman of Huawei from April 1, 2024 to September 30,…

Huawei Cloud and the Meteorological Bureau of Shenzhen Municipality jointly announced that their regional AI weather forecasting model has officially been put into use. The regional model is one of…

Following the resounding success of the previous editions held in Portugal (2021), Czech Republic (2022) and Spain (2023), Huawei’s renowned European Leadership Academy is delighted to announce the fourth edition of the…

vivo, a leading global technology company, today unveiled vivo V30, the best-in-class flagship with upgraded Aura Light Portrait and premium design to its stylish V series. The latest V30 sports an integrated 120…

Classic Wild, the premier provider of immersive wildlife experiences, proudly announces its latest conservation initiative, the sponsorship of the “Small Cats Project” conducted by the Wildlife & Nature Protection Society…

TM Forum held the Autonomous Networks Summit during the Mobile World Congress (MWC). At the summit, industry leaders including George Glass, the CTO of TM Forum; Li Huidi, the Executive…

Amazon and Huawei have entered into a multi-year patent cross-license agreement that resolves pending litigation between them. “Huawei is pleased to exchange patent rights with Amazon,” said Alan Fan, Head…

Huawei held the Green Development Summit, themed “Thrive with Green ICT”, during MWC Barcelona 2024. At the summit, guests from the International Telecommunication Union (ITU), MTN Group, International Union for…

Adani Green Energy Sri Lanka Ignites a Green Revolution with Pooneryn Wind Energy Power Project. In a groundbreaking stride towards a greener tomorrow, Sri Lanka Sustainable Energy Authority (SLSEA) has…

First Capital Holdings PLC (the Group), a leading investment institution, and a member of the Janashakthi Group, announces its strong financial results for the nine months ended December 31, 2023.…

Enadoc, a cutting-edge document management solution, was officially launched on Orel Cloud through a collaboration between Huawei Cloud and Orel IT. The event, held at Port City Colombo, marked a…

Sri Lanka’s leading Fintech service provider announces appointment of Mr. Rajendra Theagarajah as Chairman of the Board. PAYable Pvt Ltd, Sri Lanka’s leading non-bank digital payment services provider, reported robust…

At the TM Forum Accelerate week, the catalyst project “Intelligent and Value-Driven Network Operations Transformation,” incubated by Huawei and telecom operators China Mobile, STC (Saudi Arabia), and Hong Kong Telecom,…

China Mobile and Huawei’s joint cloud phone innovation was awarded the 2023 “Compute-enabled Innovative Application” by China People’s Posts and Telecommunications News. The publication of China’s Media and Communication Department,…

Operationalizes the first 551 MW solar capacity at Khavda, Gujarat, India Adani Green Energy Limited (AGEL), One of South Asia’s largest renewable energy (RE) company and the second largest solar…

When Hindenburg Research accused the Adani Group of “brazen stock manipulation” and accounting fraud a year back, it led to a stock market rout that erased about $150 billion in…

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…

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…

A resurgent Sri Lanka needs rapid digital transformation to realize its full potential in the year 2024 and beyond. Embracing digital innovations is not just a choice – it’s a…

GlobalData, a global authoritative consulting firm, has released its latest Metro & Core Packet-Optical Transport/Platform: Competitive Landscape Assessment. In the report, Huawei OptiX OSN 9800 series features leading architecture, ultra-large…

Softlogic Information Technologies (Pvt) Ltd (SITL) has fostered a partnership with AUSTRIACARD HOLDINGS AG, a prominent European provider of Secure Digital Technology Solutions headquartered in Vienna, Austria. This collaboration aims…

Gautam Adani, Chairman, Adani Group has emphasised the importance of Green Hydrogen in achieving net zero emissions for the 54th Annual Meeting of the World Economic Forum (WEF). Titled “Reducing…

First Capital Holdings PLC has come forward as the principal (title) sponsor of the SSC Open Tennis Championship for the 3rd consecutive year. The SSC Open 2024 is taking place…

Huawei officially kicked off the HUAWEI GoPaint Worldwide Creating Activity. From 5 January 2024 to 29 February 2024, participants can showcase their digital art skills in an online contest that…

Billionaire Gautam Adani, Chairperson of Adani Group, reacting to the Supreme Court judgment on allegations levelled by a US short-seller against his conglomerate, said recently that truth has prevailed and…

In an era where technology plays an increasingly integral role in education, ParentPay Sri Lanka, a division of ParentPay Group, is at the forefront of shaping the future of educational…

In an effort to drive sustainable energy initiatives in Sri Lanka, Huawei recently organized a key conference titled ‘Unleashing the Potential of a Sustainable Energy Future’ in collaboration with the…

ITU, ISO, IEC, and partners aim to speed up climate action with digital tech Huawei has joined hands with more than 40 leading tech companies and organizations to push for Green…

In today’s fast-evolving digital world, education must go beyond textbooks, nurturing curiosity, creativity, and resilience in children. This is where STEM (Science, Technology, Engineering, and Mathematics) education steps in, not…

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, has once again been ranked among the Top 100 Most Valuable Brands in Sri…

By Dilinie Gunathilaka, Associate Director, Lending Services, Acuity Knowledge Partners When discussing diversity and inclusivity, a topic that is frequently talked about is the involvement of women in traditionally male…

DIMO Agribusinesses announced the lucky winners of the LOVOL Harvester Pancha Maha Nidhanaya, who won five DIMO Batta lorries at the DIMO Agri Machinery Prestige Awards 2024/25, which was held…

Celebrate 65 Years of Trusted Partnership Driving Market Growth and Customer Excellence Tata Motors, India’s largest commercial vehicle manufacturer and a global leader in mobility solutions, introduced 10 new commercial…

In a world increasingly driven by technology, Sri Lanka is taking bold strides to equip its younger generation with the skills necessary to thrive in the 21st century. Central to…

The Amrak Institute of Medical Sciences has partnered with Deakin University, Australia, to create a direct pathway for Sri Lankan nursing students to become registered nurses in Australia. Through this…

Setting a new benchmark in industrial power resilience, Hayleys Energynet, a subsidiary of Hayleys Fentons Limited, has successfully deployed Riello’s first 300 kVA UPS system in Sri Lanka. This next-generation…

In the wake of its strategic rebranding from Orient Finance PLC, Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group) announced its financial results for the first quarter ended June…

Janashakthi Life has once again proven its mettle, delivering a stellar performance in Q2 2025 and solidifying its position as one of Sri Lanka’s fastest-growing life insurers. Building on the…