Business
OPPO launches the eye-catching OPPO F17 in Sri Lanka
Hot on the heels of launching OPPO F17 Pro, OPPO Sri Lanka is launching its latest model in the F series OPPO F17 in Sri Lanka. “OPPO F17 carries the F-series gene, combining outstanding design while extending its focus into Fast Charge and seamless entertainment. For users whose phones are always within arm’s reach, F17 incorporates a suite of features that makes sure your eyes are always cared for as it satisfies your recreational needs,” commented Bob Li, CEO of Xinda Lanka (OPPO Sri Lanka) at the launch.
With leather-like back cover and the laser-engraved patterns which make the phone look like a trendy fashion accessory, the OPPO F17 is a light smartphone that provides a sense of novelty and luxury while giving users a way to elegantly stand out. The smartphone comes in two colors – Navy Blue and Dynamic Orange.
Another element that enhances the sense of luxury is the camera design on the back cover, which showcases a perfectly balanced four camera 2×2 array design that’s inspired by high-end watches. The 2.5D curved body gives this phone a simpler style and flatter body than conventional 3D curved designs. This one-piece body provides a new, unique aesthetic for mobile phones and provides users a better feel when they’re holding the phone. And to complete the stylish look, F17’s middle frame incorporates a thin design that uses narrower and more delicate front bezel, resulting in a thinner and lighter body.
F17’s 4015mAh battery (typical) uses 30W VOOC Flash Charge which allows for a full charge in just 56 minutes, or 72% in only 30 minutes. OPPO F17 also provides additional battery saving technology like Super Power Saving Mode which extends the low battery through a series of power saving strategies upto 17 hours and Super Night-time Standby which perform ultra power saving optimization at night by learning the user’s sleeping habits.
Whilst F17’s Sunlight Screen keeps your eyes comfortable by automatically adjusting the brightness in well lit environments to enhance screen visibility the AI Smart Backlight learns how you manually adjust your screen’s brightness in different scenarios. Moonlight Screen automatically sets your screen’s lowest brightness and F17’s DC Dimming eliminates screen flickering to relieve the user’s eye strain when they watch videos or use social media apps.Rounding out the state-of-the-art display is F17’s In-display fingerprint scanner which provides advanced security for faster and more accurate recognition than side or back fingerprint detectors deliver.
As Hyper Boost 2.1 allows apps and games to respond quicker and the entire system to run more smoothly, 8GB memory with 128GB storage ensures that gaming experiences will have less lag even after the phone’s been in use for a while.
OPPO’s RAM+ anti-lag and OF2FS optimizes speed and performance by efficiently expanding the available memory in the system and improves the storage performance while alleviating lag caused by system aging.
Through OPPO F17’s Dual Channel Network Acceleration both Wi-Fi and the mobile network is leveraged to ensure high network stability especially when Wi-Fi is poor whilst Bullet Notifications and Floating Window Reply ensure that one will not be interrupted in the middle of a game.
The 16MP main camera in F17 is enhanced by AI Dazzle Color, a feature that makes colors more vibrant or beautifies portraits based on the surrounding environment brightness and colors through deep learning algorithms whilst making one look best with AI Beautification 2.0, which automatically removes blemishes, retains skin texture, and adjusts to the user’s skin color allowing for clearer and brighter photos.
Also, as Front Night Mode enables users to get clear selfies with rich details in dim environments, F17’s Steady Video Mode leverages Electronic Image Stabilization (EIS) to output stable and clear videos in dynamic scenes. Furthermore, the first-party Soloop video editing app easily enables users to generate complete short videos to be uploaded onto short video platforms using only one tap.
ColorOS 7.2 in OPPO F17 delivers practical features that will continue to delight users. Whilst the Icon Pull-Down Gesture allows users to open hard-to-reach apps at the top of the home screen when they only have one hand free to hold and control the phone the 3-finger Screenshot feature empowers users to grab as much or as little of the content they see on their screen for future reference or to share with their friends.
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SLT-Mobitel, the nation’s ICT and Telecommunications Service Provider recently partnered with Spotify, to mark their launch in Sri Lanka. Spotify is a paid premium music streaming app which allows subscribers to listen to music to their hearts content. Both, SLT-Mobitel Post-Paid and Pre-Paid customers will now be able to enjoy Spotify by activating a monthly recurring subscription or one-time subscription plan and access unlimited music streaming and downloading facilities.
The subscription charges will get added to the user’s customary billing, where payment will be deducted in real time. Starting from the payment date, the user will be able to access Spotify and download their favourite songs, for the next 30 days. Users who sign up for their first monthly subscription will receive an additional one month, courtesy of Spotify. The one-month subscription plan is not applicable with one-time subscription plans. SLT-Mobitel data rates, depending on the user’s respective broadband charges, will apply.
Spotify also has some exciting features that will provide SLT-Mobitel customers with the opportunity to listen to ad-free music, access millions of uninterrupted music under one platform, play any song they like, anywhere they go, and also be able to enjoy their music offline.
SLT-Mobitel customers can select their preferred premium package under four categories; Individual, Duo, Family, Student. Each category has recurring and non-recurring plans. After one month of free streaming, the package will activate once the offer period terminates. While both, the Individual and Student premiums are limited to one account user, the Duo package offers two accounts and the Family premium is accessible through six accounts. To view Spotify plans, users can log on to https://spoti.fi/3aLWvce
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by Sanath Nanayakkare
Anyone conversant with the elements of a political economy would know that Sri Lanka is using its ‘sovereign power’ to manage the different dynamics of the economy in a sustainable manner, Professor W. D Lakshman Governor of the Central Bank said on Wednesday.
“Some critics are saying that we adopt a so-called modern monetary theory. That’s not the case. In fact, Sri Lanka is using its sovereign power in a number of economic aspects to honour its external debt repayment commitments as well as to reduce its debt burden in the medium term as well as achieve resilient growth in the medium to long term, he said.
“We make policy decisions to boost our gross foreign reserves, meet our external debt servicing, to facilitate monetary expansion, to boost our GDP growth, to strengthen our current account balance and manage our domestic and external economic variables in a sustainable manner. This is not a modern monetary theory. This is an age-old tool used by central banks around the world when the circumstances demand it, he said.
“Certain trade-offs will be necessary when dealing with an economy which has a big fiscal gap to bridge. There are efforts to push Sri Lanka towards the IMF again which would in turn have influence on our policymaking. We have taken policy measures to stabilize the economy and we have adequate reserve levels to meet our debt repayments. Meanwhile, we are in negotiations with overseas central banks and multilateral agencies to further boost our reserve level and it would materialise within a matter of weeks,” he noted.
“One of the tools the Central Bank has introduced is in respect of repatriation of export proceeds into Sri Lanka and conversion of such proceeds into Sri Lankan rupees in order to strengthen the foreign exchange situation of the country,” he said.
The Governor made these remarks while delivering the keynote speech at a webinar organised by the Veemansa Initiative led by its Managing Director Luxman Siriwardene – the former Executive Director of Pathfinder Foundation.
The webinar revolved round the topic ‘External debt situation in Sri Lanka: Are we heading for a resolution or crisis?’
Professor Sirimal Abeyratne, Prof. Sumanasiri Liyanage, Dr. Nishan de Mel and Dr. Ravi Liyanage were the other speakers on the panel.
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By Hiran H.Senewiratne
CSE produced signs of a rebound yesterday with both indices closing positive, though turnover remained low. Central Bank Governor W.D Lakshman’s recent statement on managing foreign reserves gave some boost to the market yesterday, stock market analysts said.
The index experienced a zigzag movement within the early hours of trading; thereafter, it recorded a slight up-trend as it reached its intraday high of 7,439. Later, the market witnessed a down-trend at mid-day, followed by a sideways movement and closed at 7,372, gaining 43 points during the month of February, market sources said.
It is said the banking sector dominated turnover with a contribution of considerable parcel trades in Sampath Bank, Commercial Bank and HNB.
Further, the Commercial Bank’s impressive quarterly results during the recent turbulent period also built investor confidence. Commercial Bank was able to register a18 percent net interest income when other banks were reporting a decline. Its share price increased by Rs. 3 or 3.5 percent. On the previous day, its shares started trading at Rs. 85 and at the end of the day they moved up to Rs. 88. Due to the positive growth results, the bank announced a Rs. 4.40 dividend per share, plus a Rs. 2 script divergent for every share.
Further, Sampath Bank shares also appreciated in both crossing and retail. In crossings its shares appreciated by Rs. 1.At the end of the day they moved up to Rs. 154.50. In the retail market, its shares moved up by Rs. 2 or 1.3 percent. Previously, its shares fetched Rs. 154 and at the end of yesterday they moved up to Rs. 156.
Amid those developments, both indices moved upwards. The All Share Price Index went up by 104.48 points and S and P SL20 rose by 67.78 points. Turnover stood at Rs. 3 billion with four crossings. Those crossings were reported in Sampath Bank, where 3.9 million shares crossed for Rs. 602.2 million, its share price being Rs. 154.50, HNB 375,000 shares crossed for Rs. 39.4 million, its shares traded at Rs. 105, Pan Asia Power 9.5 million shares crossed for Rs. 33.2 million, its shares traded at Rs. 3.50 and Access Engineering 1.2 million shares crossed for Rs. 28.2 million; its shares traded at Rs. 24.
In the retail market top five companies that mainly contributed to the turnover were, Expolanka Rs. 450 million (10 million shares traded), JKH Rs. 205 million (1.3 million shares traded), Browns Investments Rs. 199 million (34.9 million shares traded), Sampath Bank Rs. 191 million (1.2 million shares traded) and Dipped Products Rs. 137.7 million (2.8 million shares traded). During the day 101 million share volumes changed hands in 18046 transactions.
During the day, Expolanka, the biggest contributor to the turnover, saw its share price appreciating by Rs. 6.20 or 15 percent. Its share price quoted on the previous day was Rs. 41 and at the end of trading yesterday it moved up to Rs. 47.
Sri Lanka’s rupee quoted wider at 193.50/195.50 levels to the US dollar in the spot next market on Thursday while bond yields remained unchanged, dealers said. The rupee last closed in the spot market at 194.50/195.00 to the dollar on Wednesday.
