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 […]

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 […]

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