Category: Technology

Jan 24, 2012 (LBO) – MillenniumIT, a securities trading technology provider said it is expanding a software development complex in Sri Lanka with business volumes growing after it became part of the London Stock Exchange group. MillenniumIT was bought by the London Stock Exchange in 2009 now has a staff of 600 in Sri Lanka. […]

Jan 20, 2012 (LBO) – Sri Lanka’s Kalhari Group has tied up with Epsi Computers for safe disposal of electronic waste which will be exported for recycling, a statement said. œElectronic waste is a new area for us,” Rajapaksa said. “We expect to provide Sri Lankans the facility to easily dispose of their electronic waste […]

Jan 17, 2012 (LBO) – Sri Lanka and India have signed an agreement to set up a mechanism of technical and institutional cooperation in telecommunications. The memorandum of understanding is between the Telecom Regulatory Authority of India (TRAI) and Telecommunication Regulatory Commission of Sri Lanka (TRCSL). The deal was signed during a visit to the […]

Jan 12, 2012 (LBO) – Sri Lankan mobile phone operator Dialog Axiata has appointed as its new Group Chief Marketing Officer Amali Nanayakkara, former chief executive of its rival Airtel Lanka. Nanayakkara, who will take up office in February 2012, is a marketing professional with over 20 years of experience in senior management postings in […]

Jan 12, 2012 (LBO) – Sri Lankan mobile phone users showed the highest awareness of the use of the instrument to access health services, according to a new study of countries in the Asian region. “Operators need to target current Internet users and more educated within the BOP segment,” the study said. “The key benefit […]

Jan 10, 2012 (LBO) – Sri Lanka’s telecommunications regulator has drawn up a new policy that will regulate construction and use of transmission towers by mobile phone companies and radio and television stations. A national policy on telecommunications transmission towers was required with growing competition among mobile phone providers who have put up their own […]

Jan 09, 2012 (LBO) – Sri Lanka’s fast-growing information communications technology (ICT) industry is seeking lower tariffs on high-speed communications links the cost of which is still too high, officials said. “We have proposed that they have preferential tariffs for export industries.” Export earnings from the sector, which has 175 firms employing 16,000 people, are […]

Jan 02, 2011 (LBO) – Household access to telephones is on par with electricity, television, and radio in Sri Lanka mainly because of the boom in mobile phones, and are set to overtake TV and radio, a new study said. “The key economic benefit of phones is reducing travel,” it said, noting that there was […]

Jan 02, 2012 (LBO) – Sri Lanka’s fast-growing information communications technology (ICT) industry faces difficulties in hiring skilled staff, finding good office space and accessing fast Internet links, a survey has found. “Poor country visibility as an IT destination, absence of up-to-date technology, and time consuming procedures to obtain services from institution such as the […]

Dec 30, 2011 (LBO) – Sri Lanka’s information communications technology (ICT) industry is focusing more on value added software products and knowledge services where profits are higher, officials said. Over half the firms in the sector are building and exporting software products rather than providing services such as low-end call centres, they said. The services […]

Dec 29, 2011 (LBO) – Sri Lanka’s earnings from information communications technology (ICT) services and products grew strongly this year after rising sharply last year, officials said. ICT and BPO (business process outsourcing) exports shot up 47 percent to 310 million US dollars in 2010-11 from the year before and will remain strong, a new […]

Dec 22, 2011 (LBO) – Sri Lanka will get more support from the World Bank to boost the use of information technology and increase access to state services online for business and people, a government minister said. Information minister Keheliya Rambukwelle said the cabinet of ministers had approved the borrowing of 11 million dollars to […]