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Addressing global challenges through openness and trust in tech

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Huawei TrustInTech Summit 2021 was held online on recently, with the theme of “Global Collaboration for Shared Value.”

Leaders from across the globe attended the event, including Neil Bush, Chairman of the George H.W. Bush Foundation for US-China Relations, Pascal Lamy, Former Director General of the World Trade Organization (WTO), William Nordhaus, Winner of the 2018 Nobel Prize in Economics, Satvinder Singh, Deputy Secretary-General of the ASEAN Economic Community, Derrick Pitts, NASA Solar System Ambassador, and Hou Jinlong, Senior Vice President of Huawei and President of Huawei Digital Power.

Attendees discussed challenges we are facing in the global economy, environmental protection, livelihoods, technology innovation, and many other key areas, and called for concerted efforts from countries and industries to address these challenges.

Humanity has entered an era in which interests, fates, and futures are all closely intertwined. A whole-of-society approach is necessary to address the common threats and challenges facing the global community. Pascal Lamy pointed out that “We need to mitigate de-globalization, in order to avoid making this world a worse place.”

Satvinder Singh, in his speech, spoke highly of the important role of the private sector like Huawei in advancing inclusive and sustainable economic recovery in ASEAN and beyond. He also shared ASEAN’s development achievements and expressed willingness to cooperate across numerous areas, including economy and trade, transportation and materials, digital transformation, high-performance computing, and climate change.

Satvinder Singh called upon all sides to take action. “We should seize this opportunity to make our societal and economic recovery truly transformative by investing in solutions to the crisis that address social, environmental, and economic transitions needed by our society and the planet,” said the Deputy Secretary-General of ASEAN for ASEAN Economic Community.

Seeking common ground while setting aside differences and building trust is the way forward. Industry digitalization, particularly regarding technological innovation in areas like green power, will present new opportunities to all sectors worldwide and make the world a better place. Today, fighting climate change is a mission that is shared worldwide, with many countries having announced low-carbon pledges.

William Nordhaus said that governments should increase investment in low-carbon technologies and research. Hou Jinlong remarked, “Over the next 30 to 40 years, we will continue to see intelligence and low carbon gain traction. Going intelligent requires digital technologies, while decreasing our carbon footprint requires power electronics technologies. As these trends progress, the global energy industry will change from resource-dependent to technology-driven.”

As of September 30, 2021, Huawei Digital Power has helped customers generate 443.5 billion kWh of green power and save 13.6 billion kWh of electricity. This is equivalent to reducing carbon emissions by 210 million tons and planting 290 million trees.



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Cavinkare Lanka unveils Meera Facewash – unique combination of natural actives

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FMCG Major’s latest product for the Sri Lankan market, Meera Facewash was unveiled in an official event at Colombo. Celebrating the young contemporary Sri Lankan woman, Meera facewash will be introduced in three different variants providing functional solutions to everyday skincare problems – Red Sandal (for soft skin), Neem & Tea Tree (for pimple clear skin) and Wild Turmeric (for clear skin).

Meera facewash is a range of formulation that is Soap-free, Sulphate free, Paraben free and is milder on the skin. It has a unique combination of Natural actives mentioned in ancient Ayurvedic textbooks. It includes a very special product which is Salicyclic acid- free acne treatment facewash. It helps to remove 99.9% of acne causing bacteria using prebiotic technology.

Meera facewash is aimed at modern young women of Sri Lanka who hold a strong belief in traditional practices & natural ingredients. Today young women are well read, understand the importance of healthy skin and have a holistic view of how healthy skin is beautiful skin. It comes out from the confidence of understanding scientific literature that supports these natural ingredients rather than following it naively.

Virtually connecting at the event, Arun Chacko, Business Head of Personal care category (Sri Lanka, Bangladesh & Nepal) said, “With the Launch of Meera Face Wash today, we add to the hugely successful Meera portfolio of shampoos. With this, we intend to enhance the Richness of Tradition that Meera as a brand has been offering to the Sri Lankan Populace over the years. We are sure that the variants, would endear to the needs of Sri Lanka. We promise to bring more such exciting products to cater to the consumers.”

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All-time record prices for two estates

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Halpewatte Uva Estate located in Bandarawela, which is renowned for producing high quality, light liquoring bright orthodox teas established an all-time record price of Rs.1,000 per kg on a liquoring BOPSP grade in the Uva Medium Category at the tea auction held on 18th January 2022. This invoice of tea was purchased by Shan Teas (Pvt) Ltd.Halpewatte Uva Estate is managed by Halpewatte Estate (Pvt) Ltd, and the teas were marketed and sold by John Keells PLC.

Venture Estate located in Bogawantalawa which is renowned for producing high quality orthodox teas over the past years, established an all-time record price, of Rs 1,060 per kg on a liquoring FBOPF1 grade in the Western High Grown Category at this week’s tea auction held on 18th January 2022. This line of tea was purchased by Inter Tea (Pvt) Ltd. Venture Estate is managed by Madulsima Plantations PLC and the teas were marketed and sold by John Keells PLC.

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HNB-Indra Traders offer exclusive leasing solutions for unregistered vehicles, freezers and pre-owned vehicles

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Sri Lanka’s leading private sector bank, HNB PLC, partnered with local automotive giant Indra Traders to provide customers with exclusive leasing solutions for unregistered and pre-owned vehicles and freezers.

Customers can make use of exciting benefits and discounts during the promotional period from January to December 2022. HNB Executive Director Chief Operating Officer Dilshan Rodrigo and Indra Traders Managing Director Rushanka Silva participated in the special ceremony to sign the MoU at HNB Towers.

“Given the import restrictions, the market for unregistered and pre-owned vehicles has grown exponentially. Each year we offer our loyal customers the very best deals in the market. As such, we have renewed our partnership with Indra traders, renowned for its incomparable service, to offer those looking for vehicles with access to exceptional after-sales services and great discounts,” HNB Executive Director and Chief Operating Officer Dilshan Rodrigo said.

HNB will offer the prevailing interest rate for structured leases and lease facilities with a 25% residual value market value under the partnership. Customers also have access to special discounts on automobile products, servicing, spare parts, tyres, and batteries via the Prestige Prime card, with the annual fee waived off the first year.

“We are delighted to partner with HNB once again to offer our mutual customer base exciting leasing solutions and great benefits. Our continued partnership with the Bank has proven to be very beneficial to our customers, and we hope they will make use of this opportunity once again to invest in their own set of wheels,” Indra Traders Managing Director Rushanka Silva said.

Indra Traders will provide customers looking to purchase unregistered cars, vans and freezers with free insurance from SLIC for the first year. HNB customers are also eligible for discounts of up to 10% for spare parts from Indra Motor Spares and labour charges from Indra Service Park for the first year.

Customers investing in a new or unregistered passenger vehicles are eligible to have their vehicles outfitted with a free entertainment system and reverse camera. Indra Traders will also offer customers a two-year warranty for engines and gearboxes and a three-year warranty for hybrid batteries.

Notably, the company will provide free labour for services up to one year and a maximum of six services for pre-owned vehicles. A six-month warranty will also be offered for the engines and gearboxes of these vehicles.

Established in 1975, Indra Traders has diversified to various business segments in the automobile industry. A supplier of high-quality motor vehicles and related vehicles, Indra Traders today stands as not only a supplier of high-quality vehicles but also a transport solutions provider.

With 254 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically-innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd. The Bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020.

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