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99x Introduces OptimaxerAI Web, a Revolutionary AI Library for Web Products

99x is pleased to announce the launch of OptimaxerAI Web, an innovative platform designed to run AI directly in the browser. This cutting-edge solution is the latest addition to 99x’s AI product family, OptimaxerAI, and is set to revolutionise how users leverage artificial intelligence with its powerful and flexible capabilities for various use cases. Commenting…

(0)Comments | July 16, 2024 3:53 pm

Emirates SkyCargo orders 5 Boeing 777Fs, for immediate delivery in FY 25/26

The order marks the next milestone on the airline’s long-term strategy, boosting main deck cargo capacity by 30% and providing a long-term solution to the current capacity crunch Emirates SkyCargo, the cargo arm of the world’s largest international airline, has announced a firm order for an additional five Boeing 777 freighters, with immediate delivery between…

(0)Comments | July 16, 2024 2:20 pm

Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in June 2024

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56.6 in June 2024, indicating an expansion in manufacturing activities. All the sub-indices, except for employment, remained above the neutral threshold during the month. The expansion in New Orders and Production was mainly due to the growth in the manufacture of food and beverages sector….

(0)Comments | July 16, 2024 1:42 pm

Cable Solutions Limited Takes a Future-Facing Approach to Specialised Cable Manufacturing

Cable Solutions Limited (CSLK), a leading specialised integrated cable manufacturer in Sri Lanka is firmly focused on anticipating and addressing future technological challenges. As CSLK gears up for its initial public offering (IPO), set to open on the 23rd of July 2024, the company is leveraging its future-facing ethos – which has delivered robust growth…

(0)Comments | July 16, 2024 9:54 am

Dipped Products Accelerates Global Expansion with Launch of Marketing Office in India

Dipped Products PLC (DPL), a global leader in the manufacturing of high-quality gloves and a subsidiary of Hayley’s PLC announced the opening of its dedicated sales and marketing office in Mumbai, India. This strategic move is part of DPL’s ongoing global expansion strategy to enhance its presence in key markets. Notably, the new Mumbai sales…

(0)Comments | July 16, 2024 9:51 am

TikTok e-commerce grows fourfold in ASEAN, narrows gap with Shopee

Nikkei Asia – TikTok, the viral short video app owned by China’s ByteDance, is becoming one of the largest e-commerce platforms in Southeast Asia, a market long dominated by local players like Shopee and Alibaba’s Lazada, an annual study released Tuesday showed. The app’s e-commerce platform TikTok Shop increased its gross merchandise volume (GMV) nearly fourfold…

(0)Comments | July 16, 2024 9:47 am

Remarkable Surge in Agricultural Exports in First Half of 2024

Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board. A Coconut Triangle established in the Northern Province to improve living conditions in the region – Chairman of CDA. Special program initiated to…

(0)Comments | July 16, 2024 8:55 am

HIP records High Growth in LPG operations in second quarter 2024

The Hambantota International Port’s (HIP) second quarter report on LPG operations records an increase of approximately 100% in volumes handled compared to 2023 numbers. Bunker volumes at the port have also increased considerably by almost 128%. Building on this success, HIP has expanded its services to accommodate diverse oil and gas operations, including LPG vessel…

(0)Comments | July 16, 2024 6:58 am

Dialog Offers Unmatched Convenience with eSIM, Enabling Effortless Switching Between iPhones & iPads

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider and the authorised provider for Apple, has introduced the next major advancement in eSIM technology: the eSIM Quick Transfer feature. As a first in Sri Lanka and South Asia, this revolutionary service allows iPhone and iPad users to transfer their eSIMs between devices with unparalleled ease and…

(0)Comments | July 16, 2024 6:00 am

UN stood with China while NATO did not – By Prof. Samitha Hettige

In July 1921 the Communist Party of China (CPC) took the 1st centenary goal to eradicate poverty in China by 2021. It reached the goal in 2020 & on the eve of its 103rd anniversary members celebrated with a symphony concert at the CPC Museum in Beijing. CPC statistics indicate that the Museum opened in…

(0)Comments | July 15, 2024 4:34 pm

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