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vivo’s first foldable phone is defining the future of smartphone innovation

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Expanding its product lineup, vivo also unveiled a 7-inch screen X Note and its first flagship tablet vivo Pad

vivo recently unveiled its first foldable phone – vivo X Fold to global audience. It is a premium device built for efficiency, convenience and exciting for consumers. vivo X Fold is a superior foldable smartphone that integrates a multitude of industry-leading technologies and fully outperforms in terms of screen crease optimization and hinge durability. X Fold boasts a series of innovations in display technology, chip performance, battery life and camera system, that ushers in a new era of foldable smartphones. In addition to vivo X Fold, the flagship line-up includes X Note, a large display smartphone designed for the high-end market along with its first flagship tablet, vivo Pad.

vivo X Fold Boasts Excellent Inner and Outer Screens

As a flagship foldable smartphone, vivo X Fold harnesses top display technology in both inner and outer screens. The smartphone comes with a 8.03-inch inner foldable screen and 6.53-inch slightly curved outer screen with an aspect ratio of 21:9 which is one of the industry’s largest screens foe enhanced viewing experience.

Top-of-the-Line Technology for Superior Performance

vivo X Fold is the world’s first foldable phone with 3D Ultrasonic Dual Fingerprint Sensors on both screens.

vivo X Fold offers ultimate performance and versatility using Snapdragon 8 Gen 1 with customized SPU built using 4nm MEP process. vivo X Fold is equipped with the company’s self-developed Triple Performance Engine, which ensures the device run smoother, more stable, and saves more power. The smartphone holds a 4600mAh large-capacity battery within its slim design and comes with 66W dual-cell FlashCharge, 50W wireless FlashCharge and 10W wireless reverse charging.

Reinforced Hardware-Level to Redefines Efficiency and Experiences

To deliver more efficient business experiences and comprehensive user privacy protection, vivo X Fold supports hardware-level reinforced protection. Full-featured security design is used with the customized SPU in Snapdragon 8 Gen 1 at the hardware and software level. It also ensures operation security at chip, core, framework and application levels through the Thousand Mirror security architecture to provide overall privacy protection in all scenarios. vivo X Fold is paired with Origin OS Ocean system, providing local storage, private browsing, backend protection features, and better interactive user experiences.

Flagship ZEISS Optics Highlights Exceptional Imaging Capabilities

Technologically advanced, X Fold also provides industry-leading professional smartphone photography capabilities through ZEISS Optics and ZEISS T*Coating. ZEISS Quad Camera setup together with ZEISS Portrait Effects like ZEISS Natural Color, ZEISS Superb Night Camera and ZEISS Superb Portrait provides tremendous lens performance, strong anti-glare capabilities, high-resolution sensors to ensure greater light and shadow.

Exquisite Design, Craftsmanship Inspired by the “Circle-Square” Design Philosophy

The design concept is inspired by the Chinese concept of “Round Sky and Square Earth”, in which the circle and square element bring forward traditional beliefs and architectural practices of Ancient China. By incorporating both square and circle elements with Continuous Curved Glass, the materials and texture highlight the majestic nature of the vivo X Fold design.

Multi-Dimensional Hinge Enables vivo X Fold to Withstand Over 300,000 Bends

The hinge directly impacts the overall performance of foldable phones. Having said that, the multi-dimensional hinge in vivo X Fold is highly reliable, and can withstand 300,000 bends, according to a TÜV Rheinland test, where the crease control remains excellent after testing.

vivo X Note, Excellent for productivity

vivo X Note boasts a large 7-inch display with a golden aspect ratio of 21:10, excellent for productivity. vivo X Note is enhanced with superior security features such as remote SIM card lock, 3D Ultrasonic Large Fingerprint Sensor and Qualcomm Secure Processing Unit (SPU) chipset-level security protection to effectively guard user privacy and security. Also, with dedicated mobile office features and the ZEISS Camera System, vivo X Note redefines large-screen business flagship smartphones by putting together business functionality, exceptional camera system, flagship performance and design embedded with traditional Chinese design elements. Available in three colors, Mountain Blue, Earth Gray and Night Black, it ensures top flagship design and also leverages its large size to divide the weight of the whole machine, thus delivering refinement and high-quality feel.

First Flagship Tablet

An upgrade from its predecessor, vivo Pad boasts flagship specs with a fully optimized operating system for large-screen products and features tailored for various user scenarios like office use and educational purposes to provide a more refined user experience. Weighing only 489g and measuring 6.55mm in thickness, the device is sturdy and durable, perfect for users who are constantly on the go.

vivo X Fold, X Note and vivo Pad are only available in mainland China.



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Dialog Smart Home Enables Seamless Home Automation via Range of Intuitive Solutions 

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Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, introduced a range of convenient and integrated solutions via ‘Dialog Smart Home’ to enable intelligent automation and intuitive control of homes.

The newly introduced range of future-fit smart home solutions by Dialog Smart Home ranges from Home Automation, Home Security & Surveillance and Home Connectivity, and are designed to enable any home to work as one harmonious system where all elements work in tandem together to create a truly intelligent home.

The Home Automation solutions offer homeowners seamless and convenient control of their electronic appliances through their smartphones anytime, anywhere. With the Smart Touch Wall Switches, Smart Power Strips and Smart Fan Controllers, homeowners can take control of existing light bulbs, table fans, rice cookers, chargers, ceiling fans and more appliances. Additionally, the Artificial Intelligence (AI) powered TeDi Alexa Solution enables users to control connected smart devices including TVs, air conditioners, home security systems and more through voice commands.

Home Security & Surveillance solutions transform basic cameras into high-powered CCTV solutions. Baby and house monitoring smart cameras can be placed inside homes to keep a 360-degree eye on children and pets. The Indoor Security Camera has the ability to sound a siren and notify users if a stranger enters their home. Dialog Smart Home has also partnered with Singer to offer customers world-renowned Dahua CCTV solutions.

The Home Connectivity solutions offers consumers Wi-Fi extenders to facilitate uninterrupted internet connectivity across the house to fit the homeowner’s lifestyle and requirements.

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CBSL implements extraordinary measures to support banking sector

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The Central Bank of Sri Lanka, considering the prevailing macroeconomic conditions and its impact on the banking sector, has decided to implement the following regulatory measures to support the banking sector to facilitate effective financial intermediation and the flow of credit to the economy, whilst ensuring the soundness of the banking sector.

• Sri Lankan banking sector maintains a Capital Conservation Buffer (CCB) of 2.5% to ensure that banks have an additional layer of usable capital that can be drawn down during stress times. An industry wide flexibility is granted for banks to drawdown the CCB (up to 2.5%), if needed, subject to restrictions on distribution to shareholders/ repatriation of profits and submission of a capital augmentation plan to rebuild CCB during a period up to three years.

• The current deadline for licensed banks to meet the enhanced minimum capital requirement (31.12.2022) is extended up to 31.12.2023. Licensed banks which are unable to meet the minimum capital requirement by 31.12.2022, need to submit their capital augmentation plan, including plans to consolidate or merge with suitable financial institutions, by 31.12.2022 and these licensed banks too shall refrain from distribution of dividends/ repatriation of profits until the minimum capital requirement is met.

• Licensed banks are encouraged to move to approaches such as The Standardised Approach (TSA) or alternative TSA for computation of risk weighted assets for operational risk for the purposes of computing the Capital Adequacy Ratio, subject to supervisory review.

• Licensed banks are given the flexibility to stagger the unrealised mark to market loss on Government Securities denominated in LKR on account of the recent interest rate hike for Capital Adequacy purposes until Q2 of 2024, subject to conditions.

• Licensed banks are granted flexibility on the treatment for Other Comprehensive Income (OCI) for Capital Adequacy purpose in line with the International Standards.

• The deadline for licensed banks to submit the document on Internal Capital Adequacy Assessment Process (ICAAP) for 2022, to the Central Bank of Sri Lanka is extended by one month, until 30.06.2022.

• As a short-term measure to support licensed banks to adjust their liquidity profiles, licensed banks are provided with the flexibility to operate maintaining the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) not lower than 90% up to 30.09.2022. Furthermore, the Central Bank of Sri Lanka, on 06 May 2022 decided to restrict certain discretionary payments of licensed banks, such as declaring cash dividends and repatriation of profits, until the financial statements for the year 2022 are audited by its External Auditor, engaging in share buy backs, increasing management allowances and payments to the Board of Directors until 31 December 2022 with a view to strengthening the liquidity and capital positions of licensed banks under these exceptional circumstances.

The above measures were introduced with the aim of providing the licensed banks with more flexibility and opportunities to operate in these challenging conditions and support economic recovery, while taking measures to improve their safety and soundness. The Central Bank of Sri Lanka will periodically review the implementation of these policy measures and expects licensed banks to avail these measures in the best interest of the customers and the economy at large, while supporting the banking sector to remain resilient.

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CEAT official tyre supplier for locally assembled Tata Ace HT 

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CEAT Kelani Holdings has been appointed as the official tyre supplier for Tata Ace HT series compact trucks which are assembled in Sri Lanka by DIMO in collaboration with India’s largest automobile manufacturer TATA Motors.

 CEAT RHINO PLUS TL tyres in the size of 155R12 8PR, manufactured at the CEAT Kelani plant in Kelaniya are used for the TATA Ace HT series vehicles, popularly known in Sri Lanka as “DIMO Batta” under this project. The locally manufactured CEAT RHINO PLUS TL tyre features a zig zag pattern on its circumference and ribs with lateral notches that contribute towards uniformity and better wear and tear on local roads.

 Commenting on this latest OEM agreement of the company, CEAT Kelani Holdings Managing Director Mr. Ravi Dadlani said: “As a brand that has been at the forefront of local value addition in Sri Lanka, CEAT is excited to contribute further to the process through its association with this assembly operation. This is particularly relevant in the prevailing situation in the domestic market. We are able to provide high-quality tyres engineered for local conditions at competitive prices and ensure uninterrupted supply, while at the same time helping to conserve foreign exchange.”

In January this year, CEAT was appointed as an OEM for a range of heavy-duty trucks, tippers and light commercial vehicles assembled in Sri Lanka by Lanka Ashok Leyland PLC (LAL), a joint venture company of Ashok Leyland India. In November 2021 the brand was chosen as the OEM for Bolero City Pik-up vehicles assembled in Sri Lanka by Mahindra & Mahindra India in collaboration with Ideal Motors.

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