IT Boost

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 […]

Channel Expansion

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 […]

Software Growth

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 […]

Tele Net

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 […]

Tele Status

Nov 08, 2013 (LBO) – Sri Lanka’s Dialog Axiata reported profits of 1.5 billion rupees for the September 2013 quarter, sharply down from a year earlier, when the bottom line was boosted by a one-off item. The group reported pre-tax profits of 1.8 billion rupees, down from 2.4 billion rupees a year earlier, but were […]

IT Deal

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 […]

Google Phone

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 […]

Sri Lanka Smart phone sales taking off: Singer

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 […]

Smartphone Sales

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 […]

Top Destination

Oct 28, 2013 (LBO) – Sri Lanka has been named the ‘Outsourcing Destination of the Year’ by UK’s National Outsourcing Association (NOA), Sri Lanka’s business chamber for information technology businesses said.Sri Lanka has been ranked top 25 among global outsourcing destinations by AT Kearney, a consultancy. Gartner another consultancy had put the country among the […]

Tech Hub

Oct 28, 2013 (LBO) – MillenniumIT, a Sri Lanka based unit of London Stock Exchange group has expanded its technology campus opening a new building, which the firm says is built to promote innovation.It uses natural light which is filtered to reduce the glare, as tropical sunlight makes it difficult to read computer screens easily. […]

Connection

Oct 24, 2013 (LBO) – Sri Lanka Telecom said it has been chosen to be the information communications technology provider to Commonwealth Heads of Government Meeting (CHOGM) to be held in November.SLT will serve the needs of government delegations, businessmen and journalists. SLT said it will connect multiple locations through its ‘SLT Intelligent Solutions’ integrated […]

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