Category: Technology

April 23, 2007 (LBO) – A Sri Lankan government secretariat has drastically cut delays from days to minutes in issuing important documents like birth, marriage and death (BMD) certificates by scanning and storing digitized versions. The Thimbirigasyaya Divisional Secretariat in Colombo Monday commenced issuing printed copies of vital documents in place of lost and worn […]

April 20, 2007 (LBO) – Dialog Telekom, a unit of Malaysia Telekom, is raising 20.5 billion rupees from the capital market through an issue of ordinary and preference shares, the firm told the Colombo Stock Exchange Friday. (1 US dollar = Rs 110) The mobile operator, Sri Lanka’s largest is raising 15.54 billion rupees by […]

April 20, 2007 (LBO) –Sri Lanka would need 12,000 information technology (IT) sector workers over the next two years, but the country’s educational system can supply only half that, the government’s IT promotional body said. “Future demand patterns indicate a requirement of nearly 12,000 more IT workers over the next couple of years,” Sri Lanka’s […]

April 10, 2007 (LBO) – Panora Corporation, a Sri Lankan computer firm, opened a 1.2 billion rupee manufacturing plant in Colombo to boost production of its own-brand computers for the local and regional markets. PCH Holdings which started ten years ago, now has interests in pharmaceuticals and healthcare, office automation, consumer electronics, software, audio visual […]

April 09, 2007 (LBO) – Open source middleware company, WSO2 founded by a Sri Lankan, is ratcheting up its marketing efforts in the United States and Europe after developing its own products, the company said. œWe’re at the point where we have passed the research stage and are now building markets, declared said Sanjiva Weerawarana, […]

April 09, 2007 (LBO) – Two Sri Lankan software and mobile phone technology developments meant to give warning and help relief efforts during disasters recently won international recognition. They are Sahana, an open source software programme developed by volunteers after the Asian tsunami to help find missing people and improve aid agency relief efforts, and […]

April 08, (LBO) – Telecom operators who rolled out rural networks in the last three years will get a five billion rupee refund of levies collected from every incoming international call minute. Incumbent Sri Lanka Telecom (SLT) will get the largest slice, boosting its 2nd quarter earnings by up to three billion rupees. Other telecom […]

April 08, 2007 (LBO) – Massachusetts-based Virtusa Corp., an information-technology services firm with operations in Sri Lanka, is seeking 92 million dollars through a NASDAQ listing. The underwriters for the offering were listed as JP Morgan, Bear Stearns & Co., Cowen and Co. and William Blair & Co. The company, headed by a Sri Lankan, […]

March 30, 2007 (LBO) – Sri Lanka added 16 more government department websites on the internet Thursday to make it easier for the public to get information, officials said. The websites, run by the Information and Communications Technology Agency (ICTA), are enabled in all three languages, Sinhala, Tamil and English. The government should increase its […]

March 28, 2007 (LBO) – The latest version of its securities trading system can execute more trades ten times faster than the previous one, software maker MillenniumIT said. The company is headquartered in Sri Lanka with offices in Boston, New Jersey, London, and Mumbai. The new version of the Millennium Exchange released this month has […]

March 23, 2007 (LBO) – A four-member committee has been appointed to study the proposed sale of Sri Lanka Telecom shares held by Japan’s NTT to a Malaysian firm, a cabinet minister said. Sri Lanka Telecom closed up 50 cents at 38.50 Friday. “The committee will have to study it and report back to the […]

March 21 (LBO) – Sri Lanka’s education ministry has tied up with tech giant Intel to give local schools computers and teacher training to boost technology levels and skills. Intel on Tuesday launched its one billion dollar, five-year ˜World Ahead’ program in Sri Lanka and is already in operation in 60 countries around the world. […]