People trust robots more than themselves with money

Research shows growing confidence among consumers and business leaders that robots handle finance tasks better than people 2020 has changed our relationship with money and people now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance expert Farnoosh Torabi. The study of more than 9,000 […]

Central Bank advises public to be watchful about online financial frauds & scams

The Central Bank strongly advises the public to be watchful about online financial frauds & scams and not to share any confidential information. The Central Bank said it has received information regarding several types of financial frauds and scams being operated through social media, Internet-based applications and mobile payment applications. Most of these scams are […]

Central Bank expects payment receipt facility for SL from payment providers like PayPal

Jan 04, 2021 (LBO) – Sri Lanka’s Central Bank has already commenced discussions with international payment service providers, such as PayPal, to enable payment receipt facilities for Sri Lankan residents, Governor W D Lakshman said. Introducing the monetary and financial sector policies for 2021, Governor said that he expects positive outcomes in this regard in […]

Sri Lanka Telecom & Mobitel join forces making history in national connectivity

Sri Lanka Telecom (SLT) and SLT Mobitel unveiled their unified brand identity on January 1, 2021 at SLT Headquarters forming a formidable force creating a lasting legacy as the national Information and Communications Technology (ICT) solutions leader. The historic unification of products and services were symbolically launched at the event that took place with the […]

How to determine the best cloud service provider for your business.

As the COVID-19 pandemic encouraged most businesses to shift to remote work environments, it’s the cloud that made this possible. Although popularity for cloud computing increased in the wake of this pandemic, businesses have long since being depending on its services to make operations faster, simpler and more productive. With businesses that function by otherwise […]

Ookla declares Mobitel as the Fastest Mobile Network in Sri Lanka for 2019

Jun 03, 2020 (LBO) – Ookla, the global leader in internet testing and analysis, has declared Mobitel as the Winner of the Speedtest Award™ for 2019, successfully winning the award for all four quarters consecutively as the Fastest Mobile Network in Sri Lanka. Speedtest Awards are licensed to Internet Service Providers and mobile carriers around […]

ICTA denies alleged irregularities alluded to by Dr. Weerawarana

Jun 01, 2020 (LBO) – ICTA categorically denies the alleged irregularities alluded to by Dr. Sanjiva Weerawarana and is considering what actions it should take in this regard. There has been a great deal of speculation subsequent to his blog post, dated 30th May 2020, both in the mainstream and social media, as to the […]

SLT Rainbowpages.lk further boost businesses in the post Covid-19 era

SLT Digital Info Services (Pvt) Ltd (SLTDS), the Digital Marketing and Directory Information Services arm of Sri Lanka Telecom PLC (SLT), is proud to announce that it’s SLT RAINBOW PAGES (RBP) national business directory information search facility has been improved tremendously, both in online and offline mediums. As a result of the technological advancement in […]

Dialog Axiata gifts fully-functional ICU at Negombo General Hospital to public

Jun 01, 2020 (LBO) – Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in less than a month, concluded the immediate civil reconstruction and provision of equipment to establish a fully functional Intensive Care Unit (ICU) at the Negombo District General Hospital. This concludes the first step taken in the pledged Rs. 200 Million towards the urgently required […]

Thailand Prime Minister leads National committee to promote 5G development

May 26, 2020 (LBO) – A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate the 5G development and boost the digital economy in the country. The committee is also tasked with mitigating obstacles regarding the recall of unused spectrum, from state agencies for the National Broadcasting […]

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