Category: Technology

June 14, 2010 (LBO) – Etisalat’s Sri Lanka unit has invited developers to create mobile applications and is offering to share 70 percent of revenue from sales, an official said. Dumindra Ratnayaka, chief executive of Etisalat Sri Lanka said the firm, which was taken over by Etisalat Telecommunication Corporation in the UAE in February 2010, […]

June 11, 2010 (LBO) – Mobile phone applications have the potential to reduce the gap between rich and poor in developing countries like Sri Lanka, the island’s minister of technology and research said. The mobile phone is joining the personal computer and television in empowering people and giving them access to information to make their […]

SINGAPORE, May 30, 2010 (AFP) – Entrepreneur Binod Hariharan has big plans for his southern Indian firm, which develops astrology-based computer software to help users find a suitable spouse or plot their career paths. Similarly ambitious is Somporn Maneeratanakul, managing director of Thai Software Enterprises, and Nguyen Minh Duc, director of BKIS Security, a Vietnamese […]

May 28, 2010 (LBO) – An information technology firm has set up a software development centre in Sri Lanka’s former war-torn eastern region with support from the United States, its embassy in Colombo said. Kingslake Engineering Systems had set up development centre in Akkaraipatti in the Ampara district with financial support from the US Agency […]

PARIS, May 28, 2010 (AFP) – Thousands of die-hard Apple fans mobbed shops in parts of Europe and Asia on Friday after the iPad, touted as a revolution in personal computing, began its global launch. Long queues of customers snaked outside Apple shops in Australia and Japan hours before the opening and similar huddled masses […]

May 17, 2010 (LBO) – Massachusetts-based Virtusa Corp., an IT services firm with operations in Sri Lanka, said net profit for the March 2010 quarter stayed flat at 3.6 million US dollars from the previous year. A company statement said the March quarter result was an improvement on the 2.9 million dollar profit earned in […]

May 12, 2010 (LBO) – An Indian business process outsourcing firm that is setting up a unit to start off-site engineering services says Sri Lanka’s evolving tertiary education system is providing it with a talent pool and costs are manageable. India’s MphasiS is planning to invest 3.5 million dollars in a Sri Lankan operation and […]

SINGAPORE, May 11, 2010 (AFP) – Software piracy cost technology companies more than 50 billion dollars around the world last year, with Asia accounting for the largest share of losses, an industry report said Tuesday. Despite successes in the fight to protect intellectual property rights, on average 43 percent of software used in computers worldwide […]

SAN FRANCISCO, May 7, 2010 (AFP) – Internet addresses written in Arabic are making history as the first online domains in non-Latin characters, with Chinese and Thai expected to follow close behind. “For the first time in the history of the Internet, non-Latin characters are being used for top-level domains,” the Internet Corporation for Assigned […]

May 07, 2010 (LBO) – Plans by Sri Lanka’s telecommunications regulator to introduce mobile phone number portability, allowing subscribers to switch networks while using the same number, could threaten industry profitability, Fitch Ratings said. Implementation of Mobile Number Portability (MNP) could increase subscriber acquisition and retention costs within the industry, it said in a statement. […]

May 03, 2010 (LBO) – Sri Lankan information technology companies are trying to attract business process outsourcing (BPO) work from European small businesses, an industry group said in a statement. “Sri Lanka is a unique and competitive destination for specialized and SME (small and medium enterprise) sourcing,” said Reshan Dewapura of the island’s state-run Information […]

Apr 27, 2010 (LBO) – Sri Lanka’s Telecommunications Regulatory Commission (TRC) has called for consultancy services to suggest ways to introduce mobile phone number portability that will allow subscribers to switch networks while using the same number. The assignment will require a “detailed consultation process”, taking in the views of stake holders when formulating the […]