Category: Technology

Dec 25, 2014 (LBO) – Sri Lanka’s mobile phone sales reached one million unities in the third quarter of 2014 while smart phone shipment up by 100 percent which accounts for 20 percent of the total sales, a market report said. In the smartphone market segment, Samsung leades with a 20.6 market share followed by […]

Dec 04, 2014 (LBO) – Sri Lankan companies should adopt the digital change in advertising to drive growth due to increasing number of mobile and internet penetration in the island advertising expert said. œDigital media is gaining popularity all across Asia and it is becoming imperative for brands to go digital, CVL Srinivas, Chief Executive […]

Oct 22, 2014 (LBO) – Micromax, a mobile handset company in India introduced a wide range of android smartphones to the local market targeting at lower spenders.œThe new smartphone range recently introduced to the local market is a valuable offering from Micromax in the budget Android segment, said Amit Mathur, Vice President,International Business of Micromax. […]

Oct 19, 2014 (LBO) – Apple introduced iPad Air 2 recently, which the company says the thinnest and most powerful iPad®. Media Statement by Apple CUPERTINO, California- Apple® introduced iPad Airâ„¢ 2, the thinnest and most powerful iPad® ever. Now just 6.1 mm thin and weighing less than a pound, iPad Air 2 features an […]

Oct 14, 2014 (LBO) – Sri Lankan companies need to adopt and engage more with the customers digitally to drive value creation and to face competitive market, a digital expert said. œAny company is in the market is for nothing but to create, deliver and capture value, Peter D’ Almeida, Managing Director and Chief Executive […]

Oct 14, 2014 (LBO)-A high level conference on œWhy should social, mobile, analytics and cloud be in your transformation agenda kicked off in Colombo Wednesday featuring high level speakers and panelists from Sri Lanka and abroad.The speakers represent a wide range of product categories, industries and some of the best known and highly successful brands […]

Oct 10, 2014 (LBO) –Sri Lanka Telecom said it would invest 40 million US dollars to build new submarine cable system which connect Singapore to Europe via Sri Lanka. Silva said as SLT’s major traffic routes are connected to key destinations in Europe, Asia Pacific and Indian regions, the upcoming SEA-ME-WE 5, would boost country’s […]

September 10, 2014 (LBO) – Apple announced iPhone® 6 and iPhone 6 Plus, featuring two new models with 4.7-inch and 5.5-inch Retina HD displays, and packed with innovative technologies in dramatically thin and seamless design, the company said in a statement. Apple Press Info The new iPhones feature a precision unibody enclosure of anodized aluminum […]

Aug 20,2014 (LBO) -Sri Lanka’s MillenniumIT has been ranked the Most Respected IT Company in Sri Lanka for 2014 by the Lanka Monthly Digest’s annual rankings, the company says in the media release. MillenniumIT provides IT systems integration and capital markets software, both locally and globally. The company offer its servicers across North and South […]

July 28, 2014 (LBO) – Sri Lanka’s ‘Trace Expert City’, an information technology park in the capital Colombo, kicked off with the first tenant software firm beginning operations. The IT Park comes under an organization called TRACE (Technologically Reawakening Culture of Excellence) where Subasinghe is listed as Vice Chairman. Codegen, a travel solutions firm with […]

July 11, 2014 (LBO) – Fortunaglobal, a Sri Lanka based tech firm said it had delivered a digital banking platform to a lender in Solomon Islands. Its ‘FortunaFinance’ branded platform will allow Solomon Island’s Pan Oceanic Bank (POB) to provide services to customers through mobile phones and the web. “¦[F]inancial institutions of all sizes are […]