3AxisLabs another welcome entrant to Jaffna’s IT ecosystem

By Jekhan Aruliah The Yarl Geek Challenge (YGC), run by the Yarl IT Hub, has been a launch pad for hundreds of IT careers, and for a number of successful companies. What YGC showcases is not the products brought by the teams, YGC showcases the people the teams are made up of. Often the YGC’s […]

Xebiro developing European tech in London, Colombo, and Jaffna

By Jekhan Aruliah COVID-19 lockdowns and remote working The COVID-19 pandemic, which had a devastating impact on health and on economies, is having a revolutionary impact on working and learning. Schools and universities were shoved unready from in-class to distance learning. Young people looking forward to a few years of unsupervised love and unhealthy food […]

SLIBTEC, USAID to establish SL’s first ‘Biotechnology Innovation Park’

The Sri Lanka Institute of Biotechnology (SLIBTEC) will collaborate with the U. S. Government’s development arm, the U. S. Agency for International Development (USAID), to promote innovation in the biotechnology sector by establishing Sri Lanka’s first Biotechnology Innovation Park. The SLIBTEC Biotechnology Innovation Park will be a 13.2-acre facility in Pitipana, Homogama that will house […]

LAN channels Rs.150Mn into tech startups: Currently evaluating 5-10 startups

Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups – Niftron, Magicbit, Mintpay & Chakra Suthra – while also helping these companies scale and access new markets both at home and abroad.  “Since August 2020, our team has evaluated over 400 startups from across […]

Best countries for travel & remote working in 2022: Sri Lanka ranks 2nd in Asia-Pacific

As more people embrace flexible working environments and set their sights on their next ‘workation’ (AKA, a vacation that blends leisure and remote working), KAYAK, the world’s leading travel search engine, reveals the best countries in the world to work remotely from, with Portugal topping the list. Sri Lanka landed in an impressive 2nd place […]

Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)

March 1, 2022 (LBO) – They don’t make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. Sega Nagendra was a fixture on the Sri Lankan corporate circuit. Everyone seemed to know him, and there was always positivity when his name was mentioned.My interactions span […]

Expanding Facebook Protect to more countries including Sri Lanka

Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, is expanding Facebook Protect, their security program for groups of people that are more likely to be targeted by malicious hackers, such as human rights defenders, journalists, and government officials. Media Release As part of our ongoing improvements to security, we’re expanding Facebook […]

Ookla recognises SLT-MOBITEL Mobile as Fastest Mobile Network

Reiterating its excellence in providing unparalleled connectivity and superior user experience, SLT-MOBITEL Mobile was once again recognized as the ‘Fastest Mobile Network’ by Ookla, the global leader in fixed broadband and mobile network testing applications, data and analysis. The recognition is a testament to SLT-MOBITEL Mobile’s unwavering commitment to providing record speeds throughout the years […]

”’/Stable

Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka based telecom company Dialog Axiata PLC at ‘AAA(lka)’. The Outlook is Stable.

ADB-ADBI launch innovation and structural transformation database

The new Asian Development Bank (ADB)-Asian Development Bank Institute (ADBI) Innovation and Structural Transformation Database provides a valuable, one-stop platform for analyzing trade-driven growth and economic development in Asia and will be introduced during a launch webinar on 22 February. The database contains a wide variety of trade, supply chain, and capital indicators critical to the innovative growth and […]

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