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Tag: Sri Lanka

Retail Asia21/07/2023
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Food

Dilmah Tea founder passes away

1min0
The founder of popular Sri Lankan tea company Dilmah has died at the age of 93. Merrill J Fernando was surrounded by his sons and grandchildren when he passed away on Thursday in Colombo, Sri Lanka. He known for his iconic ‘do try it’ slogan. The tea company announced Mr Fernando’s death saying his ‘greatness was […]
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Retail Asia28/06/2021
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Telecom

Axiata expands network leadership with commercial Open RAN across Asia

8min0
Axiata Group Berhad (“Axiata” or “the Group”) has embarked on an ambitious network transformation program, leveraging Open Radio Access Networks (Open RAN) as a key technology for mobile networks designed to narrow the digital divide and enhance rural connectivity across Asia. Eyeing large-scale commercial deployments by year-end, the Group has successfully conducted Open RAN commercial […]
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Retail Asia14/05/2020
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Logistics

Kerry Logistics forms new joint venture in Sri Lanka

3min0
Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced a new joint venture, Kerry Logistics Lanka (Pvt) Ltd (‘Kerry Lanka’), formed with IAS Holdings (Pvt) Ltd in Sri Lanka to strengthen its international freight forwarding (‘IFF’) capabilities in South Asia. Headquartered in Colombo, Sri Lanka, Kerry Lanka sits at the strategic crossroads of East […]
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Retail Asia19/06/2019
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Living

Dialog Axiata enters partnership with Netflix

1min0
Sri Lanka’s Dialog Axiata has announced a strategic partnership involving the provision of carrier billing for the popular streaming platform. Under the agreement, all Dialog postpaid mobile customers will be able to add their Netflix subscription fee to their monthly bill. These customers will also be provided with 5GB of uncharged data per month for […]
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Retail Asia24/10/2018
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Telecom

Dialog Axiata to establish 5G innovation center

2min0
Sri Lanka’s Dialog Axiata has teamed up with Ericsson to establish the market’s first 5G innovation center. The new center will seek to encourage Sri Lankans to develop innovative IoT and ICT technologies and solutions. It will engage in collaborative research with local universities and global institutions. Researchers and entrepreneurs will be able to use the center’s facilities to […]
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Retail Asia13/04/2018
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General

Spar Continues Global Expansion with Entry in Sri Lanka

4min0
SPAR International, the world’s largest food retail voluntary chain, is delighted to announce the brand’s entry into the Sri Lankan retail market. SPAR Sri Lanka (Pvt) Ltd, a partnership between SPAR South Africa and Ceylon Biscuits Limited has announced ambitious plans to open 50 new SPAR stores in Sri Lanka by 2023 primarily by developing […]
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Retail Asia10/04/2018
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Food

PastaMania flagship opens in Colombo

3min0
PastaMania, Singapore’s largest Italian casual-dining restaurant chain, has opened its first restaurant in Sri Lanka. The PastaMania Sri Lanka flagship is located in Colombo on R A De Mal Mawatha, Colombo 3 (otherwise known as Duplication Road). Sri Lanka is the company’s 14th international market and it now has more than 50 outlets, with plans […]
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Retail Asia05/10/2017
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Telecom

Mobitel launches LTE on 900-MHz spectrum

1min0
Sri Lanka’s Mobitel has enhanced its LTE network with the nation’s first deployment of LTE over re-purposed 900-MHz spectrum. The operator said the deployment will significantly enhance Sri Lanka’s LTE coverage and make Mobitel the top network for LTE broadband in the nation. Mobitel chairman P G Kumarasinghe Sirisena said the deployment will particularly help […]
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Retail Asia28/08/2017
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Telecom

Sri Lanka instructs cellcos to register SIMs

2min0
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has instructed the nation’s operators to register their customers SIMs in order to curb fraud and crime. The operators have been told to register SIMs with owners’ personal details and photocopies of their National Identity Cards, the Daily Mirror reported. President Maithripala Sirisena had proposed the SIM registration scheme […]
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Retail Asia10/05/2017
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Telecom

Mobitel to be split from SLT and publicly listed

1min0
Sri Lanka’s Mobitel plans to separate from parent company Sri Lanka Telecom (SLT) and list on the Colombo Stock Exchange. The operator is gearing up for a public listing this year with the goal of diversifying its ownership beyond SLT, citing official sources. The government of Sri Lanka, which owns a 49.5% stake in SLT, […]
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Retail Asia06/04/2017
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Telecom

Mobitel appoints Nalin Perera as CEO

4min0
Sri Lankan mobile operator Mobitel has appointed Nalin Perera as its CEO. Perera started his career at Mobitel in 2001 as general manager of marketing and was later promoted to the positions of senior general manager of marketing and senior general manager of contact center operations respectively. He also held the position of CMO and […]
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Retail Asia15/02/2017
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Telecom

Dialog Axiata lifts FY16 profit by 74%

2min0
Sri Lanka’s Dialog Axiata boosted its net profit for FY16 by 74% year-on-year to 9 billion rupees ($59.4 million), recording strong growth across all its business segments. The operator reported total revenue of 86.7 billion rupees, up 17% year-on-year, with revenue from its core business increasing 16% to 73 billion. Mobile customers increased to 11.8 […]
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Retail Asia30/11/2016
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Living

Spa Ceylon opens nine POS operations in Asia

5min
Sri Lanka’s Spa Ceylon Ayurveda retail and spa company has opened nine new points of sale in Asia, including business with standalones, kiosks and airlines since it exhibited at last May’s Tax Free Asia Pacific show and it is expecting five more new presences in early 2017. Spa Ceylon says this progress follows the debut […]
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Retail Asia15/11/2016
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Telecom

Dialog Axiata revenue grows 19% in 9M16

1min0
Sri Lanka’s Dialog Axiata has reported a 19% increase in revenue for the first nine months of the year to 64 billion rupees ($430.9 million) as a result of a temporary suspension of value-added tax (VAT) and strong growth momentum across the operator’s business. Net profit for the period grew 71% to 7.8 billion rupees […]
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Retail Asia24/10/2016
Telecom

Sri Lanka Telecom to build government fiber network

1min0
Sri Lanka Telecom has secured a contract to build a fiber network connecting government offices in the nation. The operator has been selected to build the LGN2.0 (Lanka government network 2.0). As well as connecting government agencies and public institutions, the network will be used to provide free public Wi-Fi to citizens. The LGN2.0 project […]
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Retail Asia22/06/2016
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Telecom

Mobitel, Dialog Axiata trial 1Gbps+ 4.5G

2min0
In a South Asia first, Sri Lanka’s Mobitel and Dialog Axiata have each completed successful trials of 4.5G technology capable of speeds of over 1Gbps. Mobitel announced it has tested a technology it calls LTE-A Pro at the operator’s test lab. The operator partnered with Huawei and ZTE to test LTE-A technology capable of using a […]
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Retail Asia14/04/2016
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Living

Indonesia grants visa free entry to Sri Lankans

4min0
Indonesia has granted visa-free facility to 169 countries including Sri Lanka under a new visa regulation. Indonesian President Joko Widodo has signed Presidential Regulation concerning Visit Visa Exemption early last month adding 79 countries to the list. Indonesian immigration office said passport holders of these countries are exempt for having a visa to enter Indonesia. “The […]
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