Category: Industry
Dialog to Shut Down its 3G Network to Give More Spectrum Capacity to Expand 4G Broadband
Dialog Axiata has announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network. Full Statement Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, has announced plans to shut down its 3G data network in 2023 to free up spectrum and increase […]
International Trade Office to Synergize Country’s External Trade
On the directions of President Ranil Wickremesinghe, the Government decides to reorganize the existing conventional institutional set-up and newly establish the International Trade Office (ITO) to interconnect all the relevant institutions and synergize their work to obtain maximum output from the external trade sector to the National Economy. Realizing the untapped economic potential of trade […]
‘s Industrial Park nearing completion; secures projects from over 8 countries
A number of projects in the Hambantota International Port’s Industrial Park are nearing completion, marking the success of 2022 as the ‘Year of Construction.’ In spite of a certain slowdown during COVID-19, this international industrial park has secured over 40 projects from over 08+ countries and has emerged stronger as ever, adhering to their ‘HIP […]
Dialog Conducts South Asia’s First Successful mmWave 5G Trial
Dialog Axiata PLC, the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, announced the successful testing of mmWave 5G for the first time in South Asia. Dialog achieved 5G Download speeds greater than 4 Gbps on non-standalone (NSA) mode using mmwave attaining significantly higher throughputs than current standards. […]
Baurs partners with Swiss Government to uplift hospitality education & bridge skills gap in Sri Lanka
With the view of uplifting the hospitality education sector in Sri Lanka, the Swiss Hospitality & Management Academy (SHMA) of A. Baur & Co. Pvt Ltd. also known as Baurs, a leading conglomerate with diversified business interests, recently established a private and public sector partnership with the Swiss Agency for Development and Cooperation (SDC). The […]
Introducing new types of visas for Colombo Port City
The Cabinet of Ministers has approved a proposal presented by the Minister of Public Security to take necessary steps to introduce several visa categories for Colombo Port City based on the recommendations of the Colombo Port City Commission. Investor visa category for investors under the residence visa category Employee visa category for employees CPC Residential […]
Uber turns Seven in Sri Lanka, Covers over 555 million km in Trips
Uber completed seven years of operations in Sri Lanka and shared some interesting numbers as it touched a new milestone. In its seven years of operations, Uber has completed over 555 million kilometers in Uber trips around the island nation. That’s enough kilometers to travel to the moon from Earth and back 725 times! With […]
Ajlan and Bros Holding Group to Jointly Develop Port City Colombo with CHEC as Strategic Partner
Ajlan and Bros Holding Group (or Ajlan in short) is one of the largest comprehensive conglomerate holding group in the Middle East, Ajlan has established its presence in more than 25 countries around the world, with 75 companies in the fields of power, environment, industrial manufacturing, healthcare, tourism, technology, retail, real estate, garments and textiles, […]
Apptimus Tech, Jaffna’s software firm from bedroom to 7,000 square feet in 5 years
By Jekhan Aruliah The Yarl Geek Challenge has a strong record as nursery for tech startups. By 2022, its 11th season, YGC alumni have started more than 60 companies employing hundreds of people. This doesn’t include those who emerge from these companies to setup their own startups. Yes It’s great when competitions and colleges give […]
Advantis Projects speeds ahead with delivery of SL’s largest tunnel boring machines
Sri Lanka’s undisputed leader in project logistics and heavy cargo transportation, Advantis Projects, a subsidiary of Hayleys Advantis Limited, is swiftly moving ahead with the delivery of two of the largest Tunnel Boring Machines (TBM) ever to be deployed in the island. This operation will help expedite the progress of one of the nation’s most […]
Sri Lankan industry leaders explore sustainable energy future
Leaders from across the industry, civil society, finance and academia met in Colombo recently to explore short and long-term energy solutions amidst Sri Lanka’s worst-ever energy crisis. With Sri Lanka’s industrial sector among the largest consumers of costly imported fossil-fuels, more than 100 participants heard from experts and shared their insights into how this economically […]
‘s Best Option
December 13, 2022 (LBO) – Casinos in Sri Lanka have always been a subject of controversy, but also one that has transformational economic potential. With no casino industry of scale in South Asia, Sri Lanka has a unique opportunity to be the regional dominant player in an important industry. Casino gaming comes with a host […]