Category: Technology

April 30, 2007 (LBO) – Two Sri Lankan firms which are providing disaster recovery services for BPO firms in Sri Lanka are expanding and hunting for more business. Lanka Communication (LankaCom) and Blue Chip Customer Engineering say natural disasters and increasing unrest is driving businesses to look for disaster recovery specialists to provide business continuity […]

KUALA LUMPUR, April 30, 2007 (AFP) – Malaysia’s largest mobile operator Maxis Communications said Monday that controlling shareholder, businessman Ananda Krishna has made an offer to take the company private. Maxis said in a statement to the Kuala Lumpur stock exchange that its substantial shareholder, Usaha Tegas — Ananda’s private company — intends “to launch […]

April 26, 2007 (LBO) – Sri Lanka Telecom has received government approval to start an internet based television service, the company said Thursday. Sri Lanka Telecom shares close up 50 cents at 39 rupees. “Sri Lanka Telecom has been successful in securing a media license from the Ministry of Mass Media and Information to provide […]

April 23, 2007 (LBO) – E-chanelling.com, Sri Lanka’s only listed dot com which operates a service where doctors could be channeled online, says its service is now available through the mobile operator Mobitel. Mobitel said the service would be available for both pre-paid and post paid customers, by dialing 225. “I believe that this new […]

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, […]