Category: Technology
Sri Lanka Represented at Asia’s Inaugural AX (AI Transformation) in QA Conference in South Korea
The AX (AI Transformation) in QA conference, Asia’s inaugural event dedicated to AI-driven Quality Assurance, was held on 18 June 2026 at the Science and Technology Center in Gangnam, Seoul, South Korea. Organized by AsiaSTA (Asian Software Testing Alliance), the conference brought together leading researchers, technology experts, and Quality Assurance professionals from across Asia to […]
Dedicated development teams: an enhanced alternative that’s offered by the best software outsourcing companies in Sri Lanka
Software outsourcing has long since gained popularity, with the rise of remote work and cloud computing. Now, businesses and agencies alike are asking questions that help teams deliver efficiency and excellence together. One such question revolves around software outsourcing engagement models. Dedicated development teams is one such model that is extensively being considered for its […]
AWS to Charge 18% VAT on Non-Registered Sri Lankan Customers
Amazon Web Services, Inc. (AWSI) has announced that it will soon begin charging an 18% Value Added Tax (VAT) on all Electronically Supplied Services (ESS) provided to customers in Sri Lanka who are not registered for VAT or have failed to provide their tax details. The move aligns with Sri Lanka’s tax regulations regarding digital […]
Sri Lankan drone startup Scouts closes investment round at LKR 1.6Bn valuation, gearing up to take on regional intelligent robotics market
Scouts, Sri Lanka’s pioneering intelligent drone and robotics company, has closed a funding round at a valuation of LKR 1.6 billion. In a market that has historically exported its engineering talent rather than retaining it, the round represents something more than a financing milestone. The company offers an economically viable solution for security, from small […]
Top three trends in software outsourcing, happening in 2026
It’s no secret that trends are constantly updating in the information technology industry, considering how fast-paced it is. While customers determine the path that businesses and their software development agency partners take, the introduction of new technologies (such as AI), now also lead the way. But it doesn’t stop there. Compliance is another major driving […]
Xiaomi Sri Lanka and Raffealla Fernando showcases “The Art of Telephoto” with the Xiaomi 17T
Xiaomi Sri Lanka hosted “The Art of Telephoto,” a Leica-powered photography exhibition at One Galle Face Mall, Level 02, bringing together creativity, fashion, visual storytelling and smartphone photography in an engaging experience for guests and photography enthusiasts. Held in collaboration with renowned Sri Lankan creative personality Raffealla Fernando, the exhibition presented a curated collection of […]
Kaspersky discovers new corporate phishing technique using popular AI web development platform
Kaspersky has discovered that attackers have begun exploiting another legitimate service for malicious purposes – this time it is Tencent EdgeOne Pages, a platform for creating and hosting web applications. Attackers are misusing its capabilities to generate phishing emails targeting corporate users. Previously Kaspersky has described similar attacks leveraging Google services and web applications generated […]
Sri Lanka’s Vehicle, Gold Loan Curbs Support Lenders’ Risk Profiles: Fitch Ratings
Sri Lanka’s tighter macroprudential restrictions on vehicle and gold-backed lending will benefit lenders’ risk profiles, particularly those of finance companies, Fitch Ratings says. The Central Bank of Sri Lanka’s lower loan-to-value (LTV) caps target two products that have expanded rapidly in recent years and represent a substantial share of mainly finance companies’ balance sheets. The […]
Commercial Bank now brings PayPal-linked withdrawals for customers
Enables channeling of global digital earnings directly into bank accounts via ComBank Digital The Commercial Bank of Ceylon, reaffirming its leadership in introducing the latest global financial technologies to Sri Lanka, has announced the availability of PayPal-linked withdrawal functionality for eligible customers to seamlessly channel their global digital earnings directly into their Commercial Bank accounts […]
New threat to IT services? Anthropic to launch AI services firm: What it means
Anthropic has teamed up with Goldman Sachs, Blackstone and other global investors to launch a $1.5B venture focused on deploying AI directly inside companies. Instead of just selling tools, the new firm will embed engineers into businesses to build and integrate Claude AI into real workflows—targeting the biggest gap in AI adoption: implementation. With backing […]
How the best AI development companies in Sri Lanka are transforming the future of enterprise AI
When mentioning enterprise AI, the first things that often come to mind for most are LLMs, chatbots and the occasional forecasting abilities brought on by custom solutions. However, numerous leading offshore software development companies in Sri Lanka will tell you that there’s more to enterprise AI than prompt-based tools and automatic recommendations. There are multiple […]
VIDEO: Anthropic Mythos AI – Why Banks, Governments Fear This Cybersecurity Tool
A powerful new AI model from Anthropic is raising alarm across the global financial system. Called Mythos, it can detect and exploit hidden software vulnerabilities faster than human experts, triggering fears of more sophisticated cyberattacks. With access restricted to a handful of firms, banks and regulators are now scrambling to assess the risks, from disruptions […]