Opinion:Today’s CFO is the protector of tomorrow’s business resilience

By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has a CFO’s […]

Sri Lanka’s tech startup program spiralation opens for 2021 applications

Sri Lanka’s apex Government body in driving the tech-startup ecosystem, the Information and Communication Technology Agency of Sri Lanka (ICTA) is now calling applications for its national startup initiative ‘Spiralation’ for the ninthyear running. The Spiralation series has so far supported more than 90 successful startups across multiple industry verticals -including health, finance, agriculture, education […]

AI for software testing – trends and advantages.

AI-powered software testing has long since made its debut, and as with any cutting-edge technology, it’s here to stay. This isn’t surprising, considering how extensively AI and machine learning are being utilized across the business spectrum, for both large and small tasks. Software testing, on the other hand, has erred towards a few different types […]

Sri Lanka’s Niftron raises Rs. 21Mn capital from LAN’s Angel Fund

The Angel Fund has announced an Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler and more affordable for businesses at all levels and industries. The Angel Fund was established by the Lanka Angel Network (LAN) with the support of ecosystem development partner Ford Foundation and aims to […]

MoU signed between ICTA & enpact e.V, Germany to collaborate between startup ecosystems

The Embassy of Sri Lanka in Germany initiated and facilitated the signing of a MOU between the Information and Communication Technology Agency (ICTA) of Sri Lanka and ENPACT e.V. in Berlin, Germany, which represents the Berlin Senate’s startup initiative “AsiaBerlin”, on 08 April 2021, with a view to fostering a strong bridge between Berlin, the […]

PROVIDORE, Sri Lanka’s newest grocery tech platform, partners with EFutures – to leverage companywide operations as well as customer experience.

Specializing in groceries and essential items, N7T partnered with EFutures to build a holistic and inter-connected digital presence via e-commerce platform PROVIDORE. The concept was founded on the ambition to create the most user-friendly and functional technology to alleviate the hassles of traditional grocery shopping. “Customer experience shouldn’t be a compromise when shopping online”, says […]

Optimism among Swedish companies doing business with Sri Lanka

Growth over the past five years, negative development in 2020 and optimism for 2021. These are some of the key takeaways from the Sweden-Sri Lanka Business Council’s membership survey for 2021. Among the members’ most prioritized issues are simplified visa rules to Sri Lanka and to Sweden, increased attention for Sri Lanka from the Swedish […]

United States funds mobile app for Sri Lankan legal professionals

With support from the United States, the Colombo Law Society (CLS) recently launched a mobile application that provides members with access to online legal resources and court calendars. With court calendars and law reports at their fingertips, lawyers will be able to better serve the public. The mobile application was funded by the U.S. Government’s […]

Dialog Axiata’s Genie reaches Rs.10Bn worth transactions by 2021

Powered by Dialog Axiata PLC (“Dialog”), Genie, Sri Lanka’s first PCI-DSS-certified payment app has cemented a major milestone moment on its journey in establishing itself as the biggest payment processing network in Sri Lanka through the achievement of over Rs. 10 billion worth transactions. With more and more customers falling reliant on smart devices, Genie […]

Where is Java used? Here are 5 real-world applications.

Java, Java everywhere! Thanks to its ubiquity, everyone’s heard of it – but few know exactly where and how it is put to use. Here, we give the lowdown on 5 key areas that depend on Java to function at peak performance, while offering users a high level of interactivity. Web and mobile applications. Java […]

Fake romance, influencer scams thriving on Instagram

Facebook-owned Instagram has seen a surge in frauds on its platform that were up by 50 percent since the pandemic began, and scams related to romance, phishing and influencer sponsors top the chart, a new report by Sophos said recently. According to Sophos Naked Security, part of the cybersecurity firm Sophos, the scamming on Instagram […]

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