August 16, 2024
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8min2
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, equipping students with the necessary resources and platforms to excel in the rapidly evolving technology sector. This supportive environment allows Sri Lankan students to showcase […]

August 13, 2024
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4min3
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 operator has achieved comprehensive 5.5G coverage for stadiums, metro stations and tunnels, residential areas, scenic spots, business districts, and universities in key areas within the […]

August 5, 2024
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4min2
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 set to elevate LB Finance’s extensive suite of services, including Digital Wallets, Digital Banking, Loans, Leasing, Savings & Deposits, Microfinance, and Payment Cards, leveraging Huawei’s […]

July 29, 2024

3min2
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 dual 3D orthogonal architecture, ultra-high integration, and ultra-strong intelligence. These features enable the subrack to seamlessly combine high-quality design with advanced functionality.     Huawei […]

July 24, 2024

4min10
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, supports 30 fellows each year for a period of three years. Aged 18-28, the fellows will receive mentorship and financial support in their projects […]

July 21, 2024

3min2
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 Huawei’s TECH4ALL initiative with local partners Berlevåg Hunter and Fishermen’ s Association (BJFF), Simula Consulting, and Troll Systems, the award-winning solution is able to recognize different fish […]

July 11, 2024
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3min0
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 TM Forum, the Catalyst Awards acknowledge telecom operators and their partners for their contribution to industry innovation. The awards serve as a testament to the […]

July 4, 2024
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7min5
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 Finals. This marks the first time a team from Sri Lanka has advanced from the National Level to the Regional Level in Indonesia, and finally […]

July 2, 2024
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3min1
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 across 10,000 sites across Hangzhou, Guangzhou, Bangkok, Jinan, and Shenzhen within a half year. At the MWC Shanghai 2024, Huawei’s Vice President and Chief Marketing […]


About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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