Category: Technology
Venture Engine shortlists Sri Lanka’s top fundable startups
Venture Engine, Sri Lanka’s pioneering startup acceleration program, has entered the final phase of its tenth edition with the selection of its top 10 grouping of finalists. The program’s next, and final, stage is the showcasing of these finalists to potential investors as “Sri Lanka’s Top Fundable Startups” at the Venture Engine finale, which is […]
RigServ opens global resource centre in SL; Plans to empower local IT sector
Supply chain and technology consulting company, RigServ, recently commenced operations in Sri Lanka via its dedicated Global Resource Centre which employs 50 subject experts in their relevant industrial areas. RigServ offers clients industry expertise as well as data-driven, impartial, and creative solutions to their most difficult situations. RigServ was founded in 2014 by operational and […]
Cargills Online becomes first ecommerce platform to integrate LANKAQR
Cargills Online has become the first and currently the only e-commerce platform in Sri Lanka to integrate LANKAQR for delivery thereby providing greater convenience to its customer base together with its wide merchandise offering. LANKAQR is a project initiative to ensure all QR codes and QR based transactions in Sri Lanka are standardized and interoperable. […]
Electronic & Electrical Sector breaks record with over USD 422mn export earnings in 2021
Electronic and Electrical Sector has recorded a 30% increase in its export earnings compared to $328mn recorded last year, despite COVID-pandemic challenges.With the support extended by the Sri Lanka Export Development Board, the industry has shown its knowledge, expertise, competitiveness, and resilience in 2021 to achieve the highest export revenue recoded in the history despite […]
How Samsung foldables are defining the future of smartphone innovation
When Samsung Electronics revealed its first prototype of a flexible display back in 2011, few people realized they were witnessing a glimpse into the mobile industry’s future. Now, a decade later, Samsung has shipped 4 times more foldable devices in 2021 than in 2020, exceeding the three-fold market growth that analysts expected. Consumer enthusiasm for […]
Internship opportunities for SLIM undergraduates within SLASSCOM
The Sri Lanka Institute of Marketing (SLIM) recently signed a Memorandum of Understanding (MoU) with the Sri Lanka Association for Software Services Companies (SLASSCOM), the national chamber for the knowledge and innovation industry in Sri Lanka. The MoU was signed to facilitate internship opportunities for SLIM undergraduates within the SLASSCOM landscape. Signed on the 21st […]
Legal framework to be created for E-Commerce in Sri Lanka
Sri Lanka will introduce a new law that would ensure fairness and protection of rights for both businesses and consumers who use online E-Commerce platforms. A discussion was held at the Ministry of Justice with the representatives of several leading online trading platforms about the need for a strong legal framework for the industry. The […]
hSenid BIZ IPO Opens tomorrow, First-Ever for Sri Lanka’s IT/BPM Sector
The IPO for Sri Lankan multinational software solutions provider, hSenid, will open tomorrow. Managed jointly by NDB Investment Bank and CT CLSA Capital, hSenid marks Sri Lanka’s first-ever IT/BPM public equity issuance, allowing the public to invest in a whole new sector of the economy, and potentially Sri Lanka’s most promising sector for future growth. […]
Loops, Truecaller partners to enable safety and efficiency to daily life business communications
Loops Integrated enters into a landmark partnership with Truecaller. Loops Integrated – a creative-led integrated marketing agency acclaimed for their creative and digital marketing excellence, will now be an authorized reseller for Truecaller for Business. Truecaller is well known in Sri Lanka for identifying contacts and blocking unwanted communication. Businesses, particularly the services sectors, reach […]
eChannelling Q3 financial performance sets foundation for growth: Records 116-pct growth YOY
eChannelling PLC, the largest Channelling Network in Sri Lanka and a subsidiary of SLT-MOBITEL, is gearing towards a quantum leap with acquisitions, expansion plans, partnerships and product innovation to further uplift the nation’s digital lifestyle experience. Supporting this trajectory is eChannelling’s strong Q3 performance, forming a firm foundation for its strategic relaunch and future growth. […]
EVENTS: Sri Lanka Economic Summit “Charting a Path towards a Technology Hub”
The upcoming Sri Lanka Economic Summit 2021, the foremost economic event of Sri Lanka is prepared to host a lineup of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’. Day two of the event will feature a session dedicated to ‘Charting a Path towards a Technology Hub’ on 7th December, 2021. […]
Virtusa introduces new senior leaders
Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, recently announced several key leadership appointments. The announcements extend Virtusa’s leadership, vision, and reputation as a top employer. Virtusa has a long heritage of providing deep digital engineering skills and […]