Category: Technology
Sri Lanka can boost its development tapping agriculture and new technology : WB
Feb 05, 2020 (LBO) – The World Bank reaffirmed its continued support to Sri Lanka’s growth and development for the benefit of all its people, as World Bank Vice President for South Asia, Hartwig Schafer concluded a four-day visit. During his visit, Schafer gained a better understanding of the country’s development priorities under the new government and how the World […]
Government institutions to be connected to a single network
Jan 20, 2020 (LBO) – Sri Lanka is to centralize all government institutions through a single data network to ensure a public sector service free of inefficiency, delays, and corruption. During a discussion held at the Presidential Secretariat President Gotabaya Rajapaksa instructed officials of the information and communication sector to take measures immediately to build […]
ISM APAC appoints its first Sri Lankan Managing Director
ISM APAC, the regional arm of Netherlands based e-commerce company ISM e-Group, marked the dawn of a new era as it announced the appointment of its first Sri Lankan Managing Director, Priyantha Bethmage as the two Dutch General Managers of the company bid farewell. With its head office located in IT Park Orion City in […]
President to explore possibility of gathering personal info under one data center
President Gotabaya Rajapaksa has paid his attention to bring all personal information such as National Identity Cards, driving licenses, immigration and emigration documents, registration of births and deaths under one data collection center. This will be instrumental in reducing time, effort and money spent on such services at present said President Rajapaksa during a discussion […]
Fitch revises Outlook on Sri Lanka Telecom to Negative; affirms at AA+
Dec 23, 2019 (LBO) – Fitch Ratings has revised the Outlook on Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating to Negative from Stable and affirmed the rating at ‘AA+(lka)’. They have also affirmed the National Ratings on SLT’s outstanding senior unsecured debentures at ‘AA+(lka)’. The rating action follows Fitch’s revision of the Outlook on […]
DIMO launches power panel manufacturing plant at DIMO logistics centre
Diesel & Motor Engineering PLC (DIMO), one of Sri Lanka’s leading diversified companies has successfully launched its own power panel manufacturing plant in Weliweriya DIMO Logistics Centre. DIMO commenced manufacturing their own electrical power panels two years ago, mainly to cater the electrical projects secured by various divisions of the company. DIMO have successfully achieved […]
President appoints tech-studded ICTA board to drive digital Sri Lanka
Dec 20, 2019 (LBO) – In line with his vision for a Sri Lanka driven by technology, President Gotabaya Rajapaksa has appointed a tech-studded board for the Information and Communication Technology Agency of Sri Lanka (ICTA). Steering the board as Chairman is Jayantha De Silva, Co-Founder of IFS Sri Lanka, the country’s first FDI-funded technology […]
Uber launches two new safety features in Sri Lanka
Dec 17, 2019 (LBO) – Uber, the world’s largest mobility platform, announced two new safety features, Two-way Phone Anonymisation and Driving Hour Limits, as a part of their ‘Safety Never Stops’ campaign in Colombo. Two-way Phone Anonymisation, a new technology, will improve the way riders and driver partners connect and communicate with each other. With […]
Singapore fashion platform buys Lankan software firm nCinga for USD15.5mn
Dec 17, 2019 (LBO) – Singapore-based fashion platform Zilingo has acquired Sri Lanka-based software-as-a-service (SaaS) firm nCinga Innovations for 15.5 million dollars in cash and stock, marking one of the largest tech exits in Sri Lanka in recent times, foreign media reported. nCinga, which is backed by Sri Lanka and Singapore-based venture capital firm BOV […]
‘s AHASA ONE Sky Bridge to connect two towers with pools & sun deck on top
Dec 16, 2019 (LBO) – The first of its kind in South Asia, AHASA ONE Sky Bridge is the most distinctive feature of the iconic Sapphire Residences and ITC One hotel complex. According to Sapphire Residences, this bridge will have two infinity pools and a sun deck on top; inside the structure will be a […]
Google Trends 2019: Easter bombings trigger Americans to search where is Sri Lanka
Dec 16, 2019 (LBO) – Sri Lanka topped the ‘Year in Search 2019’ list of the Google search in the ‘Where is’ category beating the Superbowl venue this year and Area 51. According to Google Trends 2019 published recently, the interest over time for the keyword ‘Where is Sri Lanka’ spiked in the week of […]
Mobitel to play critical role as connectivity partner for Hatton National Bank
(PRESS RELEASE) – HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions using big data, data science and advance data analytics which has consistently attracted the nation’s blue chip corporates to opt for Mobitel as their Communications Partner. We will put this expertise to strategic use […]