Category: Technology

Dec 18, 2013 (LBO) – Bharti Airtel is close to exiting Sri Lanka after investing 300 million US dollars to acquire two million users, a media report said.India’s Hindu Business Line newspaper citing un-named sources said after give months of negotiations it was close to a sale to Etisalat, which had a five million user […]

Dec 12, 2013 (LBO) – SAP AG, an information technology company known for its enterprises resource planning software is expecting more business in Sri Lanka with a wider range of its products including e-government solutions, an official said.Public services included central and regional government, Treasury, healthcare, education, port and airports and project management. On Tuesday […]

SAN FRANCISCO, December 10, 2013 (AFP) – Updated mobile software rolled out Tuesday by Twitter lets smartphone users send pictures in direct, personal messages seen only by recipients instead of being shared publicly on the social network. “For the first time, you can share and view photos via direct message on your mobile phone,” Jeremy […]

Dec 05, 2013 (LBO) – Intel, a technology company, has teamed up with Sri Lanka’s state the Information and Communication Technology Agency of Sri Lanka to boost IT literacy in the island. ICTA chief executive Reshan Dewapura said an agreement was signed with Intel to provide free training of its ‘Easy Steps’ basic technology literacy […]

Nov 27, 2013 (LBO) – Sri Lanka’s E-channelling, which runs a service offering online appointments with medical doctors, said it plans to operate similar services in East Asia, collaborating with its main shareholder.This includes Malaysia, Singapore, Indonesia, Phillippines, Taiwan, Korea, China, Vietnam and Thailand. E-channelling said ECL Soft Pvt Ltd, a subsidiary has struck a […]

Nov 22, 2013 (LBO) – Sri Lanka’s software and knowledge services exports rose 17 percent to 248 million US dollars in the first half of 2013 from a year earlier, an economic report said.In Sri Lanka the sector started to grow especially after a state monopoly overseas telecommunications was ended. “The computer and information services […]

Nov 12, 2013 (LBO) – Profits at Sri Lanka Telecom, the island’s only wireline operator which also has a mobile unit, fell 15 percent from a year earlier to 1.56 billion rupees dragged down by forex losses, interim accounts showed.Interest expenses were down 31 percent to 174 million rupees but the group had forex losses […]

Nov 07, 2013 (LBO) – Sri Lanka based MillenniumIT, a unit of London Stock Exchange has won a deal to provide post trade processing and depository services to the Singapore Exchange.“We are delighted to have been selected by SGX to power its global post trade operations for multi-currency, multi-asset class solutions for SGX members,” Mack […]

SAN FRANCISCO, October 31, 2013 (AFP) – Google on Thursday unveiled its Nexus 5 smartphone, putting its premium brand on a device intended to champion the latest version of its Android operating system.The hotly anticipated addition to Google’s Nexus line is powered by a new “KitKat” version of Android, which was redesigned to work across […]

Oct 30, 2013 (LBO) – Smartphone sales are taking off showing fast growth, Singer Sri Lanka, a top consumer durables retailer which launched a slim phone targeting domestic and tourist markets said.Smartphones have an operating system which can run many applications, similar to a small computer, while remaining connected to the internet compared to so-called […]

Oct 30, 2013 (LBO) – Smartphone sales are taking off showing fast growth, Singer Sri Lanka, a top consumer durables retailer which launched a slim phone targeting domestic and tourist markets said. Smartphones have an operating system which can run many applications, similar to a small computer, while remaining connected to the internet compared to […]