Amari Colombo wins Sri Lanka’s Leading Business Hotel 2025 at World Travel Awards

Amari Colombo has been honoured as Sri Lanka’s Leading Business Hotel 2025 at the World Travel Awards (WTA), Asia and Oceania Gala Ceremony held in Hong Kong in October 2025. This accolade recognises the hotel’s exceptional standards of service, contemporary design, and its position as a benchmark for business hospitality in Sri Lanka.

The glittering ceremony, held in partnership with Hong Kong International Airport and InterContinental Grand Stanford Hong Kong, brought together the region’s most distinguished travel and hospitality brands to celebrate excellence across Asia and Oceania.

“We are truly delighted and honoured to be recognised as Sri Lanka’s Leading Business Hotel,” said Amari Colombo General Manager Monty Ariyaratne. “This award is a testament to our team’s unwavering commitment to delivering warm, personalised service and creating an inspiring environment for both business and leisure travellers. We share this achievement with our valued guests and dedicated team members who make the Amari experience so special.”

Amari Colombo, part of ONYX Hospitality Group, embodies modern elegance infused with the warmth of Thai-inspired service. Ideally located in the heart of Colombo’s vibrant business district, the hotel caters to discerning travellers with world-class amenities, stylish meeting spaces, and exceptional dining venues—all designed to foster connection, productivity, and comfort.

The World Travel Awards, established in 1993, are globally recognised as the ultimate hallmark of industry excellence, celebrating the best in travel, tourism, and hospitality. The Asia and Oceania Gala Ceremony 2025 showcased leading lights of the region, including destinations, resorts, hotels, and tourism boards that continue to raise the standard of global travel.

World Travel Awards Founder Graham Cooke remarked: “Tonight we have celebrated the leading lights of travel across Asia and Oceania. Our winners represent the very best in tourism excellence, and I congratulate each and every one for raising the benchmark of achievement across this remarkable region.” Amari Colombo wins Sri Lanka’s Leading Business Hotel 2025 at World Travel Awards | Daily FT

Read More........ → February 27, 2026

Hyundai Motor aims to develop India into a ‘strategic export hub’

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Seoul, (IANS): The head of South Korea's automotive giant Hyundai Motor Group has visited three key overseas markets -- China, the United States and India -- at the start of the new year as part of the group's global expansion strategy, the company said on Wednesday.

Executive Chair Euisun Chung's visits were aimed at exploring business opportunities in major economies that are expected to underpin the group's future growth, while also seeking partnerships with leading global companies, the group said in a press release.

During his visit to India, Chung toured three production facilities -- Hyundai Motor's Chennai and Pune plants and Kia's Anantapur plant -- to review production operations and sales strategies.

Hyundai Motor Group ranks second in the Indian automotive market with a market share of about 20 percent. The three plants have a combined annual output capacity of 1.5 million vehicles.

The group aims to develop India into a "strategic export hub" following the listing of Hyundai Motor India on the Indian stock market in 2024 in what was the largest initial public offering (IPO) in the country's history.

"Hyundai has been able to grow over the past three decades thanks to the support of the Indian people," Chung was quoted as saying. "We must pursue a home-brand strategy for the next 30 years so that Hyundai can become a truly national company in India."

During his 10-day trip through Tuesday, Chung attended the Korea-China Business Forum held in conjunction with President Lee Jae Myung's state visit to China, and the world's largest IT and electronics exhibition, CES 2026, in Las Vegas, and toured the group's production facilities in India, reports Yonhap news agency.

In Beijing, Chung exchanged views with Zeng Yuqun, chairman of Contemporary Amperex Technology Co. (CATL), the world's largest battery maker, on cooperation in the electric vehicle (EV) battery sector. He also met with Hou Qijun, chairman of China Petroleum & Chemical Corp. (Sinopec), to discuss potential collaboration in hydrogen-related businesses.

To boost sales in China, Hyundai Motor Co. launched its first China-dedicated EV model, the Elexio, in October and plans to expand its EV lineup in the world's largest automobile market to six models by 2030. Its smaller affiliate, Kia Corp., plans to strengthen its Chinese EV lineup by introducing at least one new model each year through 2027, following the launch of the EV6 in 2023.

At CES 2026, Chung held meetings with executives from global big-tech companies, including Nvidia Corp. CEO Jensen Huang and Qualcomm Inc. Chief Operating Officer (COO) Akash Palkhiwala.The group unveiled its artificial intelligence (AI) and robotics strategy at the exhibition, with the presentation of Atlas, a humanoid robot developed by its U.S. subsidiary Boston Dynamics, drawing significant attention. Hyundai Motor aims to develop India into a ‘strategic export hub’ | MorungExpress | morungexpress.com

Read More........ → February 18, 2026

More than 1 billion 5G subscriptions expected in India by 2031: Report

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New Delhi, (IANS): India is set to cross 1 billion 5G subscriptions by the end of 2031, a new report said on Thursday.

This would give the country a 79 per cent 5G subscription penetration, reflecting rapid growth in adoption just three years after the service began rolling out nationwide, according to the November 2025 edition of the Ericsson Mobility Report.

The report highlights that India is one of the fastest-growing 5G markets globally. By the end of 2025, the country is expected to reach 394 million 5G users, accounting for 32 per cent of all mobile subscriptions.

Ericsson India MD Nitin Bansal said that mobile data usage in India is the highest in the world, with average consumption at 36 GB per month per smartphone, projected to rise to 65 GB by 2031.

He added that affordable 5G FWA (Fixed Wireless Access) equipment and heavy data usage are driving this surge.

Globally, the report forecasts 6.4 billion 5G subscriptions by 2031, making up about two-thirds of all mobile subscriptions.

In 2025 alone, global 5G subscriptions are expected to reach 2.9 billion, rising by 600 million in a single year.

Network coverage is also expanding quickly, with 400 million more people gaining 5G access in 2025.

By the end of that year, half of the global population outside mainland China is expected to be covered.

Mobile network data traffic rose 20 per cent between Q3 2024 and Q3 2025, driven mainly by India and China.

By 2025, 5G networks will handle 43 per cent of all mobile data, a number expected to jump to 83 per cent by 2031.

Fixed Wireless Access continues to grow as a major 5G use case. The EMR estimates that 1.4 billion people will be connected through FWA by 2031, with 90 per cent of these users on 5G networks.Currently, 159 service providers already offer 5G-based FWA services, representing about 65 per cent of all FWA operators worldwide, the report said. More than 1 billion 5G subscriptions expected in India by 2031: Report | MorungExpress | morungexpress.com

Read More........ → February 09, 2026