Category: Industry
When is the best time to hire a dedicated software development team?
Dedicated development teams have recently gained much popularity, as they enable businesses to enjoy all the benefits that a software outsourcing company typically offers – while working with a team that feels more like an extension of their in-house teams, as opposed to an offshore team. However, the question of when to hire a dedicated […]
PickMe Launches Colombo Connect as First Flagship Destination Under New PickMe Explore Platform
Lotus Tower becomes the first destination connected to a city-wide digital ecosystem linking Colombo’s attractions, culture, entertainment and commerce. PickMe yesterday launched Colombo Connect, the first city-wide destination to be introduced under its newly unveiled PickMe Explore platform, a national digital ecosystem designed to connect attractions, experiences, events and communities through a single technology platform. […]
‘Sri Lanka AI Week 2026’ launched with the theme ‘AI Amplified’ by the Ministry of Digital Economy and SLT-MOBITEL
The premier AI event showcases Sri Lanka’s AI potential with four captivating events including AI Leaders Night, AI Conference, AI Expo, and National AI Awards Building on the success of Sri Lanka’s first-ever National AI Expo & Conference held last year, the Ministry of Digital Economy of Sri Lanka and SLT-MOBITEL, the National ICT Solutions […]
Applications Open for CSSL National ICT Awards 2025
The Computer Society of Sri Lanka (CSSL) has officially called for applications for the prestigious CSSL National ICT Awards 2025, one of the country’s flagship platforms celebrating excellence in Information and Communication Technology. The society invites ICT professionals, educators, researchers, entrepreneurs, and students across the nation to submit their contributions and gain national recognition for […]
EDB, IFC & European Union Launch Third ExpoScaleUp Cohort to Boost Sri Lanka’s SME Export Competitiveness
The Sri Lanka Export Development Board (EDB), in partnership with the International Finance Corporation (IFC) and with the support of the European Union (EU) under the “Accelerating Climate Smart and Inclusive Infrastructure in South Asia (ACSIIS)” programme, has launched the third cohort of ExpoScaleUp, a flagship program tp designed to help Sri Lankan SMEs compete […]
Sri Lanka Electricity Tariffs to Remain Unchanged for Q3 2026
The Public Utilities Commission of Sri Lanka (PUCSL) announced today that electricity tariffs will remain unchanged for the third quarter of 2026, maintaining the existing rates established in the second quarter. The decision follows a comprehensive review of cost estimates submitted by the National System Operating Company (NSO). According to the regulator, the projected increase […]
Facebook still rules Sri Lanka’s social media, but TikTok is closing in
Facebook remains the most used social media platform among Sri Lankan internet users, holding an 81% share according to the newly released Digital Outlook Sri Lanka 2026 report. YouTube follows at 72%, while TikTok has climbed to 48%, up 6 percentage points from last year. Instagram rounds out the top four at 42%. The bigger […]
New Odyssey movie inspires a worldwide journey — for scammers too: Kaspersky
An example of a website and the fake player prompting users to register to continue watching the movie Kaspersky experts have identified scam websites in multiple languages, suggesting that attackers are deliberately targeting audiences across different countries by capitalizing on the film’s extraordinary popularity. Christopher Nolan’s new Odyssey movie has been one of the most […]
Hambantota Port Clarifies Vehicle Storage Policy as RORO Volumes Continue to Grow
Vehicles lying at HIP awaiting clearance Hambantota International Port Group (HIPG) has clarified its vehicle storage policy following recent media reports, noting that while the Port currently accommodates more than 50,000 vehicles (both transhipment and local imports), approximately 1278 are lying in the yard for over 03 months, and 581 vehicles have remained at the […]
Ceylon Chamber Welcomes Reduction in US Labour-Related Tariff
The Ceylon Chamber of Commerce welcomes the positive development in the reduction of the labour-related tariff imposed on Sri Lankan exports to the United States, from 12.5% to 10%, following sustained engagement between Sri Lankan authorities and their counterparts in the United States. This outcome is an encouraging step forward for Sri Lanka’s export sector […]
Mercantile Investments strengthens foundation for growth with oversubscribed Rs. 1.1 Bn Rights Issue
Mercantile Investments & Finance PLC (MI Finance) has successfully concluded its Rights Issue, raising Rs. 1.1 billion in new capital. The Issue was oversubscribed, demonstrating a resounding confidence in the company’s strategy, performance, and long-term growth prospects. As applications outpaced the initial share offering, the strong shareholder participation provided a firm endorsement of MI Finance’s […]
Energy Minister Outlines Plan for 1,200 MW Battery Storage to Cover Evening Peak Demand
Speaking in Parliament in response to a question raised by Opposition Member of Parliament Ravi Karunanayake, Energy Minister Anura Karunathilaka stated that the Government has taken active steps to double the country’s rooftop solar generation capacity. He noted that while electricity generated through rooftop solar systems stood at 867 megawatts in 2024, government initiatives have […]