Category: Technology
Sri Lanka seeks collaboration with Singapore Cyber Agency and Infocom Media Development Authority
Sri Lanka’s quest for enhanced cybersecurity and digital transformation received a positive response from Singapore during a high-level meeting on July 1st, 2024. Following discussions between Sri Lanka’s High Commissioner to Singapore Senarath Dissanayake and Singapore’s Minister for Communications and Information Josephine Teo, Singapore expressed willingness to explore avenues for collaboration. Minister Teo acknowledged Sri […]
SL’s IT and BPM sector urges reconsideration of tax measures affecting export services: SLASSCOM
In light of the recent communication regarding the removal of the exception on the export of services, we, the Sri Lanka Association of Software and Services Companies (SLASSCOM), the Federation of Information Technology Industry Sri Lanka (FITIS), the BCS Sri Lanka Section (BCS), and the Computer Society of Sri Lanka (CSSL) share our collective thoughts […]
Swiftcourt entering Sri Lanka market with Blockchain-Enabled Escrow Payment Service supported by XVC Tech & XDC Network
Swiftcourt, the leading platform for secure consumer-to-consumer (C2C) transactions in Europe, is set to revolutionize the global marketplace landscape by integrating advanced blockchain technologies. Since 2017, Swiftcourt has empowered marketplaces across Europe to become fully transactional, offering digital sales contracts, escrow payments, and a suite of add-on services. This innovation has facilitated over 700,000 secure […]
‘s First Sensor-Driven Brain Hearing Technology to Sri Lanka
Vision Care Hearing Solutions, a leading provider of hearing care solutions in Sri Lanka and a part of Vision Care, the largest vision and hearing care solutions provider in the country, recently introduced the Oticon ‘Intent’ hearing aid to the Sri Lankan market. As the sole agent for Oticon in Sri Lanka, Vision Care Hearing […]
Monetary Authority of Singapore visits SL to collaborate in field of digital economy
The High Commissioner of Sri Lanka of Singapore Senarath Dissanayake met with the Chief Fintech Officer of the Monetary Authority of Singapore (MAS) Sopnendu Mohanthy, and his team on June 21, 2024, at the Monetary Authority of Singapore prior to the visit of the Fintech delegation to Sri Lanka from June 25 to 27 to […]
WealthOS successfully raises £4Mn with institutional investors Barclays
WealthOS, a UK-based cloud-native wealth management platform founded by two Sri Lankan entrepreneurs and with product and engineering operations in Sri Lanka, recently secured £4 million in seed funding led by Barclays Bank. In addition to Barclays, WealthOS also garnered investment from Main Set, a division of the international investment firm Capricorn Capital Partners UK […]
WSO2 Hosts IAM CxO Event for Banking and Financial Services Industry Leaders
Identity and Access Management (IAM) is crucial in ensuring security, regulatory compliance, and delivering exceptional customer experience in critical industries such as banking and financial services. Effective IAM solutions protect sensitive customer data, streamline operations, and help financial institutions comply with stringent regulatory requirements. Recognizing this critical need, WSO2, a leading independent software vendor specializing […]
Approval Granted for “Starlink” to Provide Satellite-Based Internet Services in Sri Lanka
State Minister of Technology, Kanaka Herath, announced that the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted preliminary approval for ‘Starlink’ to provide satellite-based internet services in Sri Lanka. The State Minister emphasized that a two-week period has been allocated for a formal public consultation process regarding the approval of this internet service. Following […]
TISL Demands Transparency in Adani Wind Power Project: Files Right to Information Applications
Transparency International Sri Lanka (TISL) has filed a series of Right to Information (RTI) requests with public authorities seeking crucial information regarding the transparency, legality, evaluation process, pricing, government involvement, and the Environmental Impact Assessment (EIA) related to the Wind Power Project in Mannar and Pooneryn, involving India’s Adani Group. Earlier this year, Adani Green […]
’24 in under 10 minutes
Watch the recap to catch up on the latest news, announcements, and AI updates from Google. These are the new products and updates announced at Google I/O 2024: Gemini 1.5 Flash: A lighter-weight model designed to be fast and efficient to serve at scale. Gemini 1.5 Pro: An improved model for general performance across a […]
Cross Border Partnership: PickMe ventures into Nepal; IFC endorses move to support startup ecosystem
PickMe has crossed digital borders and will take the ride hailing market by storm with the launch of their latest technology partnership, JumJum (Let’s Go) in Nepal, a country where 78% of 3.22 million vehicles registered are motorcycles. Named as the Motorcycle city, Kathmandu Valley claims to have over a million motorcycles on their busy […]