Category: Industry
Orion City and Dialog partner to build High Density Data Centre
Mar 21, 2018 (LBO) – Sri Lanka’s Dialog Axiata Group announced a joint venture partnership with Orion City to build and manage the island’s first ever High-Density Data Centre at the Orion City IT Park in Colombo. The proposed centre will be established through Digital Realty (Pvt) Ltd, a company jointly held by Dialog Broadband Network […]
National Financial Inclusion Strategy of Sri Lanka by mid-2019
Mar 21, 2018 (LBO) – Sri Lanka’s Central Bank expects to implement the National Financial Inclusion Strategy of Sri Lanka by mid-2019, Dr. Indrajit Coomaraswamy said in Colombo, Tuesday. “For successful implementation of this process high level political commitment is required,” the Central Bank Governor said. “Most of all, active participation and commitment of all stakeholders who […]
Brandix and VTA signs MoU for skills development in apparel industry
Mar 20, 2018 (LBO) – Brandix Group and the Vocational Training Authority of Sri Lanka (VTA) recently signed two Memoranda of Understanding (MoU) denoting a collaboration to break new ground in skills development for the apparel sector. The first of these agreements facilitates the creation of an NVQ Level 5 equivalent qualification for Garment Technicians […]
SriLankan Airlines relocates FlySmiLes Service Centre
FlySmiLes, the frequent flyer programme of SriLankan Airlines, has relocated its Service Centre, in order to provide an enhanced service to its members in Sri Lanka and around the world. The new FlySmiLes Service Centre is located at Iceland Business Centre No.30, Sri Uththarananda Mawatha, Colombo 03(Colpetty). It is open for business from Monday to […]
Dialog invests Rs262.5mn for new Data Centre JV in Sri Lanka
Mar 20, 2018 (LBO) – Dialog Broadband Networks, a fully owned subsidiary of Dialog Axiata has entered into a joint venture with St. Anthony’s Property Developers to establish, operate and manage a Data Centre in Sri Lanka. As per the shareholders agreement signed between both parties on 16 March 2018, Dialog Broadband Networks (Private) Limited […]
Sri Lanka lifts ban on Facebook
Mar 15, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has instructed the Telecommunications Regulatory Commission to lift the ban on popular social media site Facebook, immediately. “On my instructions, my secretary has discussed with officials of Facebook, who have agreed that its platform will not be used for spreading hate speech and inciting violence,” the […]
‘s restrictions on WhatsApp to be removed at midnight: Official
Mar 14, 2018 (LBO) – The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) said the ban on phone messaging application WhatsApp will be lifted at mid-night, Wednesday (14th). Austin Fernando, chairman of the Commission was quoted as saying that the ban effective from last Tuesday would be taken off later today. The government lifted the […]
Facebook officials to arrive Sri Lanka tomorrow
Mar 14, 2018 (LBO) – Officials from the American online social media and social networking service, Facebook to arrive Sri Lanka tomorrow for discussions, PM Ranil Wickremesinghe said. Prime Minister said on Wednesday that Facebook officials will have discussions on the recent restriction imposed on Facebook and the future direction on social media. “No one […]
Daily income of state telcos surged after social media blocked: President
Mar 14, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena says daily income of state-owned telecommunication sector players have jumped significantly after restricting access to several social media sites. According to President, daily income of Sri Lanka Telecom and TRC alone has been increased by over 200 million rupees. “Officials from big foreign companies now […]
‘s Koggala EPZ earns USD122 Mn in 2017
Mar 14, 2018 (LBO) – The Board of Investment’s (BoI) Koggala Export Processing Zone (KgEPZ) contributed US 122 million dollars worth of exports earnings in 2017, emerging as a major economic centre in the South and an important contributor to the economy. The working population in the zone currently stands at 14,070 of which 80 percent […]
President visits Japan to strengthen trade ties
Mar 14, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena is presently engaged an official tour of Japan with the aim to further strengthening the long standing bilateral relations between the two nations.During this visit, the President is scheduled to meet Emperor Akihito and Empress Michiko.The President will also hold bilateral discussions with the Japanese […]
Sri Lanka to get USD100Mn from India for solar projects
Mar 14, 2018 (LBO) – The Indian government announced a Line of Credit for US 100 million dollars to finance solar power projects in Sri Lanka, during a visit of President Maithripala Sirisena to India, recently. The project includes development of 200,000 rooftop solar units for low income families (for US 50 million dollars) and setting up of […]