Platned, a leading technology solutions provider headquartered in the United Kingdom recently expanded its operations in Sri Lanka with a new state-of-the-art office. The company aims to strengthen its Global Support Team in Sri Lanka by hiring 100

Highlighting the unbreakable smartphone Honor X9b, in partnership with Honor, China, Singer Sri Lanka launched the latest models of Honor smartphones’ Xb series. At the launch event hosted at Shangri-La Colombo recently, Honor X9b was called “the

In a bid to enhance collaboration and strengthen bilateral relations between Sri Lanka and France, SLASSCOM and the Sri Lanka France Business Council (SLFBC) have signed a Memorandum of Understanding (MOU) with a central emphasis on advancing trade,

Virtusa Corporation announced an expansion to its business solutions portfolio through the acquisition of BRIGHT, one of the largest elite partners to ServiceNow & Splunk in EMEA. This acquisition will enable Virtusa to deliver business solutions

Look out, South Asia—Sri Lanka’s apparel industry isn’t willing to disappear without a trace. The company’s apparel manufacturers have teamed up to proactively embrace the onslaught of legislation changes that could begin affecting the fas

Enadoc, a cutting-edge document management solution, was officially launched on Orel Cloud through a collaboration between Huawei Cloud and Orel IT recently. The event, held at Port City Colombo, marked a significant step toward providing Orel Cloud

Matale District in Sri Lanka ranked the lowest in Sri Lanka’s Multidimensional Vulnerability Index (MVI) compared to national averages, recent data by the United Nations showed.

The Free Trade Zone Manufacturers Association (FTZMA) welcomed the electricity tariff reduction, but said it hopes the revision is not used as another election gimmick.

E-commerce industry leader Kapruka Holdings PLC, with a Rs.200 million investment, launched the Partner Central platform....

Sri Lanka Insurance Corporation General Ltd. (SLICGL), the general insurance subsidiary of Sri Lanka Insurance Corporation Ltd....

Sarah Ghosh, FCMA (UK), CGMA, President of The Chartered Institute of Management Accountants (CIMA) and Co-Chair of the Association....

The Institute of Certified Management Accountants of Sri Lanka celebrates International Women’s Day 2024, on Thursday, March 7, 2024...

Amana Bank concluded a historic 2023 with its strongest-ever financial performance to date, demonstrating the bank’s stability...

Diebold Nixdorf, represented in Sri Lanka and the Maldives by Data Management Systems Ltd, was named as Best Banking...

The need for Sri Lanka to have a tax ombudsman came under fresh spotlight once again last week, as there is an increasing need....

A total, all-encompassing commitment to sustainability requires sustainability-related metrics to permeate every element of business....

No country, not even the wealthiest, provide equal opportunity for women which confirms that global gender gap for women in the workplace....

29.02.2024

In line with recent global trends in particular technology advancements, the Cabinet greenlight has been granted to revise the mandatory....

Amidst growing concerns on recent spike in ransomware attacks, the Cabinet nod has been granted to join the United States....

Sri Lanka’s export sector started 2024 on a subdued note, with revenues not reaching the US$ 1 billion mark. Despite....

A potential delay in securing an agreement-in-principle (AIP) with Sri Lanka’s private bondholders is unlikely to impact the second review of the International Monetary Fund (IMF) programme, former Central Bank Governor Dr. Indrajit Coomaraswamy sa

Tourism in Sri Lanka is on a high growth trajectory following a boost in the country’s potential as a must-visit destination.

Dr. Benjami Reyes, the Secretary General of Colombo Plan (CP) met with the Saudi Arabian Ambassador to Sri Lanka Khalid Hamoud Alkahtani recently to discuss further cooperation in the maritime sector as a member country of the Colombo Plan.

The secondary market yield curve remained broadly unchanged, with activities in the market continuing to remain subdued, as the investors adopted a wait-and-see approach followed by thin volumes. However, amidst slight buying interest, the 2028 matu

State-run Sri Lanka Telecom (SLT) saw its performance dampen for the financial year ended on December 31, 2023. The interim financial statements filed to the Colombo Stock Exchange showed that the group recorded a loss of Rs.3.9 billion, contrasting

The Puttalam district in the Northwestern province has recorded the highest value for multidimensional vulnerabilities, recent data from the United Nations showed. According to the Multidimensional Vulnerability Index (MVI) District Profiles launche

Axiata Group Berhad Chief Executive Officer Telecommunications Business and Group Executive Director Dr. Hans Wijayasuriya was honoured with the GSMA Chairman’s Award, at the recently concluded Mobile World Congress held in Barcelona, Spain. The mo

Just In Time Group (JIT), the leading provider of innovative systems integration solutions in Sri Lanka, announced the appointment of Neranjan Dissanayake as its Chief Executive Officer, effective January 31, 2024. A graduate of the University of Mo

CNN: Damage to undersea cables in the Red Sea is disrupting global telecommunications networks and forcing internet providers to reroute as much as a quarter of traffic between Asia, Europe and the Middle East. Cables belonging to four major telecoms