Women Leading through Crisis: SLIM’s Annual Leading Liyo Panel Discussion 2023
The Sri Lanka Institute of Marketing (SLIM) recently hosted the annual 2023 panel discussion in celebration of the International Women’s…
Dell from Singer takes center stage as Title Partner for Interflash’23
Singer partners with Interact in Rotary International District 3220 as the Title Partner for the 3rd consecutive year with the…
APTS demonstrates industry-leading quality with ISO 9001:2015 certification
Asia Pacific Technology Systems (Pvt) Ltd, one of Sri Lanka’s foremost IT solutions providers, has announced its recent achievement of…
Sri Lanka Retail Forum 2023 highlights strategies for navigating economic crisis in retail sector
The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, recently concluded the annual Sri…
Binance Academy Reinforces its Commitment to Increasing Crypto Literacy
Unique views on the Binance Academy website increased by 204% in 2022. Changpeng Zhao or CZ, CEO and Founder of…
South & Southeast Asia Sees an 83% drop in fintech startups in 2022
In 2022, the countries of South & Southeast Asia saw a YoY decline of 83% in new fintechs, with only…
South-east Asia seen an explosion of new fintechs since 2000
South-east Asia has seen an explosion of new fintech companies, with the number growing from just 34 to 1,254 since…
Winners of 2nd Huawei ICT Competition in Sri Lanka go to USJ and SLIIT
Huawei Sri Lanka together with Ministry of Education, Ministry of Technologies, Board of Investment, ICTA, Dialog Innovation Foundry, AIESEC Sri…
Applications to Study Web3 Surpass 80,000 Worldwide Reveals Binance Charity
Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, reveals applications to study Web3…
Sri Lanka rejects billionaire Tim Draper’s Bitcoin pitch to tackle corruption
Tim Draper, a prominent cryptocurrency advocate, and billionaire investor faced unexpected resistance during his recent visit to Sri Lanka. The Silicon Valley…
Hatch Partners with Billionaire Tim Draper-led Draper Startup House to Strengthen Sri Lanka’s Position as a Startup Nation
Award-winning startup ecosystem builder Hatch entered a strategic partnership with Draper Startup House, a global network of spaces connected to…
Binance’s Predictions for the Year 2023, the Year of the Rabbit
The year 2023 is the year of the Rabbit according to the Chinese Zodiac Calendar. The rabbit is known to…
World’s first Cardano-based electric vehicle project to debut in Sri Lanka
As the blockchain and cryptocurrency industry continues to expand despite crashing markets, manufacturers of electric vehicles (EVs) are increasingly interested, and one of them has…
Huawei places in CDP’s A-list for its transparency and performance on climate change
Huawei has earned a top rank from CDP for its actions on climate change and transparency of disclosures. The international…
IUCN and Huawei Explore How Technology Helps Repopulate the Critically Endangered Hainan Gibbon
The Green In-sites for Nature Conservation event took place in China’s Hainan Tropical Rainforest National Park, bringing together experts and…
Orange and Huawei’s Groundbreaking 157 Tbit/s Transmission over a 120 km Fiber in France Has Set a New World Record
Paris, France, Huawei and Orange have successfully achieved a new world record1 of 157 Tbit/s transmission prototype testing over a 120 km fiber on the Orange network in South West France. This technical achievement unequivocally demonstrates that Orange’s current infrastructure is fully…
Quickee Shines as Online Brand of the Year at SLIM Brand Excellence 2022
Quickee, Sri Lanka’s favourite digital marketplace, was awarded Gold in the Online Brand of the Year category at the SLIM…
Oak Integrated Systems (Pvt) Ltd. discusses importance of Cyber Security & Resilience in Banking and Financial Sector
Oak Integrated Systems (Pvt) Ltd. recently held a forum under the theme ‘Build Cyber Security & Resilience together with Oak’.…
Asia-Potash International Investment Joins Hands with Huawei to Build Southeast Asia’s First Smart Potash Mine in Laos, Streamlining Underground Communication and Industrial Networks
WeChat video call 300 meters underground, supporting real-time communication in emergencies On December 15, the 4G industrial ring network that…
Sri Lanka lagging behind other countries due to the lack of a National Digital Policy
Sri Lanka is lagging behind other countries in the world due to the lack of a national digital policy, according…
Orient Finance’s Alternative Finance Business Unit celebrates a year of excellence
Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, celebrates a year of excellence…
Southeast Asia senior FinTech users increase due to the population ageing
Robocash Group analysts revealed that 2050 will mark the age shift in the FinTech audience due to an actively ageing…
META and HUTCH partner to help Sri Lankans stay connected with text-only Facebook and Discover
Meta, formerly known as the Facebook company, and Hutch have collaborated to allow all Hutch subscribers to access Facebook in…
Huawei signs global ITU pledge to help 120 million people in remote areas connect to the digital world
Huawei has signed a global commitment to join the International Telecommunication Union’s Partner2Connect digital alliance, which will bring connectivity to…
Effie Awards SL 2022 to recognize best marketing efforts during turbulent times
The Effie Awards Sri Lanka, the world-renowned international awards program, organized by the Sri Lanka Institute of Marketing (SLIM), the…
PayMate Addresses Working Capital Needs With B2B Payments Expansion Into Singapore and Sri Lanka
PayMate extends its cloud-based B2B payment platform to businesses in Singapore and Sri Lanka. The move seeks to appease the working…
A Radical Transparency project that will transform the handloom industry in Sri Lanka
As a result of decades of greenwashing, a growing number of consumers are demanding transparency as a first and most…
HUTCH receives Global ISO/IEC 27001:2013 Standards Certification on safeguarding vital customer data
HUTCH, the country’s fast-growing choice for mobile communication services, has received the Global ISO/IEC 27001:2013 standards certification for its best-in-class…
NAITA-HUAWEI Asia-Pacific Academy awarded certificates to first batch students
National Apprentice and Industrial Training Authority (NAITA) in collaboration with leading ICT solutions provider Huawei, has just awarded certificates to…
vivo reaffirms its commitment to Sri Lanka, Marks 5 Years in the Country
vivo, a leading global smartphone brand, celebrates its 5th anniversary in Sri Lanka by thanking all its partners, employees, suppliers,…
5G+AI to assist smart, safe mining
Since the beginning of the year, the eruption of energy crises in certain parts of the world have gained global…
IceWarp expands in APAC including Sri Lanka; rolls out on Huawei Cloud
IceWarp, a global messaging and collaboration solutions provider, is delighted to announce that its services are now available throughout Asia-Pacific…
HUTCH celebrates 25 years of connecting Sri Lankan consumers
Hutchison Telecommunications Lanka (Pvt) Ltd. (HUTCH) reaffirms its commitment towards bridging the connectivity divide in Sri Lanka, by empowering the…
TRCSL Transferred to the Ministry of Technology
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) which was under the purview of the Defence Ministry has been brought…
5G Leads the Stride
Huawei’s 13th Global Mobile Broadband Forum (MBBF) kicked off in Bangkok today with a keynote from the company’s Rotating Chairman,…
IT Gallery honoured as Top Commercial Champion at Lenovo FY21/22 Partner Awards and as Authorised Distributor for Lenovo Products in Sri Lanka
IT Gallery Computers (Pvt) Ltd., the leading distributor of globally renowned ICT products and services in Sri Lanka, was recently…
First-ever nationwide Financial Literacy Survey finds 57.9% Sri Lankan adults to be financially literate
The financial literacy rate of Sri Lanka has improved almost by 23percentage points compared to the rate that was reported…
UPS S-ECO Mode: An Energy-saving Revolution for Data Centers
Data centers are fundamental for the digital economy. As energy prices continue to rise and industries endeavor to chase green…
Leading in Cloud Native, Huawei Cloud Unleashes Digital with 10 New Services
HUAWEI CONNECT 2022, themed “Unleash Digital”, kicks off in Dubai today. Industry leaders, experts, partners, and guests from the Middle…
Huawei and Dronetech Elevate Partnership to Facilitate Sustainable Farming
At the Nussböckgut vineyard, a centuries-old estate in Upper Austria that was first mentioned in a document in 1323, the…
Huawei Asia Pacific ISP Summit: Shaping an All-Optical, Intelligent Internet for 2030
During the Asia Pacific ISP Summit, Huawei put forward its latest strategy of “Diving into the Asia Pacific, Shaping an…
Axiata Digital Labs is announced as a winner at the 15th Annual TM Forum Excellence Awards at DTW in Copenhagen
Axiata Digital Labs is recognized for outstanding work digitally transforming the telecommunications industry TM Forum, the industry association driving digital…
Huawei Released the White Paper Data Storage Power – The Digital Cornerstone of High-Quality Development
At Huawei Connect 2022 held recently, Huawei officially released its white paper, Data Storage Power – The Digital Cornerstone of…
Huawei launches latest Smart Customs and Port Solutions to Help Build World-class Trade Infrastructure
Huawei launched its latest solutions for customs and ports at HUAWEI CONNECT 2022, held in Bangkok during recently. This marks…
vivo Service Day is Back, Bigger and Better to Deliver Enhanced User Experience
Upgrades its online and in- store services following “Customer First” strategy in Sri Lanka Introducing free after-sales service day from…
Axiata Digital Labs Strengthens Its Commitment to Data Security and Privacy with ISO 27001 and ISO 27701 Certifications
Axiata Digital Labs (ADL), one of Asia’s fastest growing and most innovative software and IT service providers, announced today that…
Huawei’s Dr. Wen Tong: 5.5G Is Necessary for Bridging 5G to 6G
At the Industry Conference & Exhibition (IC&E) 2022 hosted by the Next Generation Mobile Networks (NGMN) Alliance, Dr. Wen Tong,…
Huawei launches the nova Y70, feature packed smartphone at a customer-friendly price point
The Huawei nova Y70, a premium, feature-filled smartphone available at a consumer-friendly price, was recently launched into the Sri Lankan…
Sri Lanka’s oldest NBFI – Alliance Finance delivers a robust performance despite challenging economic conditions
Alliance Finance Company PLC ( AFC), the First Company in South Asia to achieve the prestigious endorsement of “a holistic…
Huawei signs memorandum of understanding with University of Sri Jayewardenepura to strengthen digital talent building and setup Joint Innovation Lab
The second agreement with a National University to contribute towards building a talent ecosystem and boosting the development of Sri…
Huawei ICT Academy Program towards an Inclusive Digital Sri Lanka
Introduction Sri Lanka is facing its worst economic crisis yet since the country’s independence and new dynamics continue to unfold…
Sri Lankans Scammed out of Millions by Fake Crypto Schemes
Ponzi scammers are compounding the economic misery of Sri Lankans by swindling them out of their savings with bogus crypto…
Orient Finance rises above challenges to deliver strong results
Posting a steady performance, Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, recorded…
HUTCH offers FREE MEALS to devotees during this Nallur Festival
HUTCH, the country’s growing choice for broadband data communication services is continuing its efforts to support communities during this economically…
Huawei launches its largest-ever regional Seeds for the Future Program, inspiring digital talents to shape the future
Deputy Prime Minister of Thailand and Secretary-General of ASEAN delivered congratulatory remarks during the digital skills program kickoff. [Bangkok, Thailand,…
SMIB announces appointment of new CEO
The State Mortgage and Investment Bank (SMIB), a leading state-owned bank in Sri Lanka with 90 years of history, announced…
Is Cryptocurrency Useful For Sri Lanka Amid Raging Economic Crisis?
Amid ongoing political unrest in the South Asian country, Sri Lanka has issued a warning to its residents against adopting…
HUTCH offers FREE Talk Time relief to its subscribers
HUTCH, the country’s rapidly-growing choice for communication services has understood the great difficulties being faced by its customers during the…
Sri Lanka’s Central Bank Says no Change in its Cryptocurrency Policy
The Central Bank of Sri Lanka (CBSL) announced that Virtual Currencies including Blockchain-based Cryptocurrencies will remain unregulated in Sri Lanka…
Bitcoin Enters The Debate Before The Bankruptcy Declared In Sri Lanka
The presidential residence of the Asian country Sri Lanka was taken on July 9 by a massive number of inhabitants…
The SORA community invites Sri Lanka to adopt XOR token as legal tender
The SORA community has sent an open letter to the people of Sri Lanka to use the SORA (XOR) token…
Orient FD Plus, a special Fixed Deposit scheme with a Life insurance and a Critical Illness Cover
Orient Finance PLC, a member of the Janashakthi Group and a leading financial service provider, recently launched a special fixed…
130 International Teams Win at the Huawei ICT Competition 2021-2022 Global Final
The Huawei ICT Competition 2021-2022 Global Final in Shenzhen drew to a close on June 25. This year marks the…
Sri Lankans Turn to Unregulated Crypto Amid Crisis; India Moves To Regulate It
By Jai Hamid The pandemic was the start of problems for the economy of Sri Lanka. Many individuals who expected the…
News Publisher becomes first Corporate Communications agency in Sri Lanka to accept crypto-currency
News Publisher, a modern era Corporate Communications Agency, driven by innovative technology solutions in communications and media recently announced the…
Janashakthi Life wins big at Emerging Asia Insurance Awards 2021
Janashakthi Life bagged the award for the Best Strategies for Insurance Spreading for the year 2021 at the recently held…
132 Teams Face Off at the Huawei ICT Competition 2021-2022 Global Finals
The Huawei ICT Competition 2021–2022 Global Finals kicked off today at Huawei’s Bantian Base in Shenzhen, China. This year’s competition,…
University of Moratuwa and Dhammika & Priscilla Perera Foundation join together to build a skilled workforce in Sri Lanka
University of Moratuwa (UoM) and Dhammika & Priscilla Perera Foundation (DP Foundation) signed a Memorandum of Understanding (MoU) on 2nd…
Russia Develops Blockchain System to Replace Swift
Russia’s Rostec Group is a government organization that includes a number of technology companies. They have announced they have developed a blockchain…
Loons Lab’s Digital Consular Counter Management System enables the Sri Lanka Consulate in Melbourne to deliver efficient services
The Consulate General of Sri Lanka in Melbourne has implemented a digital Consular Counter Management System to provide efficient consular…
Digital banking platform Revolut launches in Sri Lanka
London-based Digital banking platform Revolut said it was launching a streamlined version of its app in Sri Lanka and four…
Crypto’s Total Market Cap Slips Below $1 Trillion as Bitcoin Drops Under $24,000
In another sign of the fast approaching crypto winter, the combined market capitalization of all cryptocurrencies crashed to $969 billion…
Sri Lanka’s worsening brain drain problem
Sri Lanka’s economic meltdown has prompted a mass exodus of skilled tech workers relocating to the European Union, the U.S.,…
Huawei Announces New Inventions That Will Revolutionize AI, 5G, and User Experience
Company discloses progress in IP, innovation at themed event Huawei announced a batch of key inventions as part of its…
HUAWEI CLOUD becomes the fastest growing cloud provider in the region, HUAWEI CLOUD Region to be introduced in Indonesia this year
On May 19, the Asia-Pacific Digital Innovation Congress 2022 opened in Singapore. Huawei, together with the ASEAN Foundation, worked with…
Huawei Debuts Its Full-Stack Data Center Solution in Asia Pacific First Time
Huawei held the “Fast, Reliable, and Green Data Center” Forum on the Huawei APAC Digital Innovation Conference 2022. Discussing how…
Anonymous Attempts To Help Sri Lankans but Instead Leaks Data of Thousands
Sri Lanka is suffering through a debilitating economic crisis. Prices of essential commodities like rice, milk, and oil have risen sharply,…
The Technopolitics of Dissent in Sri Lanka
By Shakthi De Silva Web platforms and social media have revolutionized the politics of public dissent. They give new meaning…
Dialog Enterprise to launch On-Premise Huawei Cloud Solutions Stack
Dialog Enterprise, the corporate solutions arm of Dialog Axiata PLC, announced its intention to develop On-Premise Huawei Cloud (Hybrid Cloud)…
Amana Takaful Life Insurance bounces back in Y2021 with a significant turnaround
Amana Takaful Life Insurance (ATLI) has reported healthy growth in Y2021, steadily bouncing back from a relatively challenging period in…
For the third Consecutive Year ComBank is Ranked the Strongest Bank Brand in Sri Lanka
For the third consecutive year in the 2022 report on the country’s most valuable and strongest brands by Brand Finance,…
Thai Crypto Payment Giant Wanda.Exchange Enters Sri Lanka’s $5B Gem Industry
That-based crypto payment service provider Wanda.exchange has recently announced its entry into the Sri Lankan gem industry. Wanda’s entry in…
Great Manager Awards 2021 Recognized Allianz Lanka for Management Excellence
The Great Manager Awards 2021 recently recognized Allianz Insurance Lanka Limited and Allianz Life Insurance Lanka Limited (collectively, Allianz Lanka)…
Exciting cash prizes for the winners of HUTCH Danumai Miliyanayai
HUTCH, the country’s fast-growing choice for mobile communication services, announced the winners of the 27th season of HUTCH Danumai Miliyanayai,…
Digital loans growing popular in Sri Lanka
Sri Lankan has shown a clear demand for online loans with 9 out of 10 respondents participating in a survey…
India to provide US$ 500 million for fuel
India has agreed to provide Sri Lanka an additional US$ 500 million as financial assistance to purchase fuel. Sri Lanka…
Container Freight rates increased
The All Ceylon Container Carrier Owners’ Association (ACCCOA) has increased the import and export container shipping charge by 65%. The…
RemitBee looks to Fund Entrepreneurs after making its maiden Start-up Funding in Sri Lanka
RemitBee, an online money transfer and currency exchange startup’s Financial Empowerment Fund, is currently accepting applications for new ventures after…
CBSL launches a booklet on payment instruments and infrastructures in Sri Lanka
Catering to the need of a local publication on payment services to educate the public, the Central Bank of Sri…
Netizens ask Elon Musk to buy Sri Lanka and name it ‘Ceylon Musk’ instead of buying Twitter
Elon Musk, who is famous as the Tesla CEO and an active user of Twitter, offered to buy Twitter for…
No stock market operations this week
The Colombo Stock Exchange (CSE) will not be operating on 11th and 12th April with the Government having declared special…
Sri Lanka crisis unlikely to have significant impact on IT operations, say experts
(Moneycontrol)- Sri Lanka’s economic crisis is unlikely to have a significant impact on IT players such as HCL Tech and…
Sri Lankan Airlines to increase scheduled flights for summer 2022
Sri Lankan airlines is set to increase the number of flight schedules by 40 per cent to cater to the…
IMF status update on Sri Lanka’s current situation
The International Monetary Fund (IMF) issuing a statement has said that it continues to monitor the economic developments of Sri…
WSO2 announces the General Availability of Choreo Digital Platform As a Service
Colombo-based WSO2 announced the Availability of Choreo, a digital platform as a service today. “For companies who need a fast,…
Comodo-Plexus Partnership to provide Comodo’s Cyber protection solutions to Sri Lanka and the Rest of South Asia
Comodo Security Solutions, a leading provider of endpoint protection solutions, yesterday announced that they have partnered with Plexus, a leading value-added distributor based…
Cabinet Approves Public Sector Email and Collaboration policy
The Cabinet of Ministers approved the proposal presented by President Gotabaya Rajapaksa in his capacity as the Minister of Technology…
CB’s notice to public and money changers
The public is hereby notified that in terms of the provisions of the Foreign Exchange Act, No. 12 of 2017,…
Apple acquires UK’s open banking startup Credit Kudos
Credit Kudos, a UK open banking startup that helps lenders make better decisions, has been acquired by US tech giant…
Ratmalana airport resumes international flights
The Colombo International Airport Ratmalana (CIAR) resumed scheduled international and regional flights after a lapse of 55 years. Accordingly, Flights…
Dollar exchange rates closing on Rs. 300
The exchange rate of dollar has climbed close to Rs. 300 according to the rates published by the licenced commercial…
FreeBalance Wins PFM Reform Award in Sri Lanka
Ottawa-based FreeBalance Inc, a global Public Financial Management (PFM) solutions and advisory services firm, was recognized with the ‘Excellence in…
OECD plans on a new tax transparency framework for crypto-assets
The OECD has released a public consultation document concerning a new global tax transparency framework to provide for the reporting and exchange…
New 20 rupee commemorative coin issued by Sri Lanka
Sri Lanka’s central bank said it has issued a 20 rupee coin commemorating the 150th anniversary of the Faculty of…
Fed increases interest rates by 25 bps and signals more hikes ahead
The Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this…
GemVault Fintech Becomes First-ever Sri Lankan Company to be listed on Bitcoin.com
GemVault Fintech (PVT) Ltd., the mother company of GemPay, a cryptocurrency payment gateway and processor has now been listed on…
Big four consultancy firms to cease operations in Russia and Belarus
The big four consulting firms — Deloitte, KPMG, EY and PwC have announced the withdrawal of operations in Russia and…
Grow Announces the Opening of its Sri LANKA OFFICE
GROW, an incubation service for blockchain and emerging technology projects, has announced the opening of its operational offices in Sri…
Sri Lanka’s Legislature Passes Data Protection Law
Sri Lanka’s first-ever Personal Data Protection Bill was passed in parliament yesterday with amendments amidst growing privacy concerns. The Bill…
Coinbase Is Latest Exchange to Deny Ukraine Request to Block Russian Crypto Users
DeCrypt: Coinbase “will not institute a blanket ban on all Coinbase transactions involving Russian addresses,” despite a request from a Ukrainian…
El Salvador’s Tourism Surges by 30% After the Adoption of Bitcoin
El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for…
Crypto bubble: The hype machine behind a $70,000 carbon credit
By Chloé Farand When a carbon credit representing a single tonne of CO2 sold as an NFT for an eye-watering $70,000 at…
Making Sri Lanka’s Technology Transition More Inclusive
By Anushka Wijesinha Even as Sri Lanka’s post-war economic growth has shown mixed performance for sectors like manufacturing and agriculture,…
Central Bank of Sri Lanka Launches the ‘National Remittance Mobile Application’
The Central Bank of Sri Lanka (CBSL) is currently taking steps to increase the inflows of foreign remittances to Sri…
SYNGENTA AND HSBC COMPLETE PAPERLESS TRADE FINANCE TRANSACTION ON THE TRADELENS PLATFORM
TradeLens, a digital platform launched by IBM (NYSE:IBM) and A.P. Moller – Maersk (MAERSKb.CO), recently announced the successful completion of…
NFT money laundering is a small but growing sector, says Chainalysis report
Money laundering through the buying and selling of Non-fungible tokens (NFTs) is a small but growing sector of criminal activity,…
Sri Lanka Tea Board uses Microsoft Azure to modernize auctions
The Sri Lanka Tea Board (SLTB) and Calcutta Tea Trade Association (CTTA) have deployed the Colombo Tea e-Auction platform, which…
Will cryptocurrency expansion continue among emerging markets in 2022?
Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped…
Popular realme Number Series smartphones surpass 40M handset sale volume
realme, the fastest-growing smartphone brand in the world which also recently celebrated its maiden year of operations in Sri Lanka,…
TRCSL initiates preliminary discussion with Elon Musk’s SpaceX over Starlink internet service
Sri Lanka’s Telecommunications Regulatory Commission (TRCSL) has initiated a preliminary engagement with Elon Musk’s rocket company SpaceX, exploring the introduction…
Sri Lanka Publishes Much-Awaited Personal Data Protection Bill in Government Gazette
In a significant milestone, the Government has published the much-awaited Personal Data Protection Bill in the Government Gazette last weekend.…
Sri Lanka and Russia Eyes bilateral cooperation on Cyber Security Threats
Russia’s Security Council Secretary Nikolai Patrushev and Sri Lanka’s Defense Secretary Kamal Gunaratne held in-depth discussions on Cyber Security threats,…
IMF Strikes Back! Warns El Salvador against the use of Bitcoin as Legal Tender
(Coin Gape) : The International Monetary Fund (IMF) took yet another anti-crypto stance, this time around, by warning El Salvador…
Sri Lanka’s Cabinet Clears the drafted Private Data Security bill to Present to the Legislature
The Cabinet of Ministers approved the drafted Private Data Security bill to be published in the n the gazette notification…
Here’s how companies can make sure they are blockchain-ready
By William Herkelrath Blockchains, once considered a nascent, frontier technology, have become increasingly critical infrastructure for enterprises that want to…
Sri Lanka’s Fintech industry far away from reaching its full potential; Regulatory barriers seen as the main obstacle
By Chanuka Wattegama Sri Lanka’s Fintech industry has a long way to go before reaching its full potential, compared to…
Sri Lanka’s WSO2 secures $90 million investment from Goldman Sachs on a valuation over $600 million
Sri Lanka’s leading open-source technology provider, WSO2 secured a $90 million funding line from Wall Street Giant, Goldman Sachs based…
Mastercard Launches Asia Pacific Region’s First Crypto-Linked Payment Cards
In partnership with Mastercard, three leading cryptocurrency service providers in Asia Pacific will be launching crypto-funded Mastercard payment cards. For…
Ransomware Soars 148% to Record-Breaking Levels in 2021
The volume of ransomware attacks over the first three quarters of 2021 reached 470 million, a 148% increase on the…
Sri Lanka’s Central Bank Completes Blockchain-based Shared KYC POC
The National Payment Council (NPC), Chairperson, and the Central Bank of Sri Lanka (CBSL) Deputy Governor, Yvette Fernando last week…
After China’s cryptocurrency crackdown, Hydro-power rich Laos invites Bitcoin miners
By Richard S. Ehrlich (originally appeared on the Scoop Citizen Community) After China’s recent cryptocurrency crackdown, impoverished Laos is now…
GemPay becomes Sri Lanka’s First Bitcoin and Cryptocurrency Merchant Payment Gateway and Processor
GemVault Fintech (PVT) Ltd. recently launched GemPay in Sri Lanka to facilitate merchants to accept Bitcoin and another cryptocurrency as…
Central Bank of Sri Lanka Says no change in its stance on cryptocurrencies
The Central Bank of Sri Lanka (CBSL), Governor, Ajith Nivard Cabraal asserted that there has been no change in the…
Sri Lanka’s Central Bank to launch “SL-Remit” mobile app to discourage forex earning transfer through informal channels
As Workers’ remittances inflows continued to tumble for the past three months, the Central Bank of Sri Lanka (CBSL) has…
Sri Lanka’s government looks to develop a forward-thinking policy on Blockchain technology and cryptocurrencies
Sri Lanka’s government looks to develop a forward-thinking policy for Blockchain technology including cryptocurrencies in an attempt to digitalize the…
Pakistan-based Start-up QisstPay raises $15 million, eyes Sri Lanka and Bangladesh markets
QisstPay, a shop-now, pay later start-up based in Pakistan, has raised $15 million in funds as it plans to expand to…
Ukraine joins the comity of crypto-friendly nations with new regulation
The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some…
PickMe Nominated for the award of Best Agile Transformation at this year’s World Agility Forum
Sri Lanka’s leading ride hailer app, PickMe has been nominated for the award of Best Agile Transformation at this year’s…
Biden to Name Wall Street Critic Saule Omarova to Lead OCC
President Joe Biden is pushing to nominate Cornell University Law School professor Saule Omarova to lead the Office of the Comptroller of…
Central banks of China and UAE join digital currency project for cross-border payments
The Digital Currency Institute (DCI) of the People’s Bank of China (PBC) and the Central Bank of the United Arab…
Bitcoin Mining Farms in Texas Offline From Winter Storm
Bitcoin mining farms in Texas have gone offline because of a massive winter storm that drained the state’s power grid.…
Bitcoin pulls back from brink of $50,000
(Reuters) – Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from…
Sri Lanka among top three Fintech ecosystems to watch out for in the region
The Global Startup Ecosystem Report (GSER) 2020 has identified Sri Lanka among the top three Fintech ecosystems to watch out…
Reasons that make Huawei Y7a the most desirable mid-range smartphone
Huawei Y7a is the latest mid-range smartphone in the popular Y series with top of the line flagship specifications. It…
Experience HUTCH at your finger Tips, with the new advanced HUTCH Self Care App
HUTCH, Sri Lanka’s preferred choice for mobile broadband services has unveiled the newest version of the popular HUTCH Self Care…
Thailand leads in race for ASEAN Digital Hub with upgraded ICT infrastructure
Thailand, which leads ASEAN in 5G rollout, is eyeing the pole position in the race for ASEAN digital hub with…
48 MP Quad AI Camera, 5000mAh battery, 4GB Ram + 128GB Rom packed Huawei Y7a up for grabs in Sri Lanka
Huawei, the global smartphone brand recently launched Y7a – a mid-range smartphone with one of the largest screens that would…
vivo Launches V20 SE in Sri Lanka, a Premium Flagship Smartphone with Best-in-Class Camera Capabilities and Modern Sleek Design
V20SE Features 32 MP Super Night Selfie Technology, Magical Sleek Design, and Power-Packed Performance Available for Sale in Sri Lanka,…
Huawei’s Ryan Ding: Maximizing Wireless Network Value for a Golden Decade of 5G
At the 2020 Global Mobile Broadband Forum (MBBF), Huawei’s Executive Director and President of the Carrier Business Group Ryan Ding…
BaaS platform Railsbank raises $37M
Railsbank, the leading global Banking-as-a-Service (BaaS) platform, has raised $37 million as part of continued equity funding to support its…
HUTCH signs up Gayathri Shan as new Brand Ambassador
Sri Lanka’s preferred choice for mobile broadband services, HUTCH has appointed popular social media influencer and a movie star Gayathri…
HUAWEI CLOUD Releases Device-Cloud Synergy Meeting Solution in APAC
Huawei launched HUAWEI CLOUD Meeting, its full-scenario, secure and reliable global video conferencing solution in Asia Pacific on Monday. The…
VMware Unveils 5G and Edge Advancements, Driving Sri Lanka Towards New Chapter of Innovation-Led Growth
Strengthened 5G Telco Cloud Portfolio with Cloud Native Support enables businesses to better harness emerging technologies in Sri Lanka’s cloud…
Huawei revenue in Q3 2020 at a 9.9% growth
Huawei recently announced its business results for the first three quarters of 2020. During this period, Huawei generated CNYv671.3 billion…
Top ICT Students to Represent Asia Pacific in Huawei ICT Competition Finals
The 2019-2020 Huawei Asia Pacific ICT Competition, under the theme of “Connection, Glory, Future,” successfully concluded on Wednesday. Institut Teknologi…
Fiorano Drives Digital Transformation at Seylan Bank
Seylan Bank has become the first Sri Lankan bank to comprehensively expose all APIs as Web Services with its successfully…
Huawei releases Sustainability Progress Report
Enriching lives with technology Huawei Consumer Business Group (BG) recently published its Sustainability Progress Report. The report highlights the company’s…
HUTCH Danumai Miliyanayai quiz winners rewarded
HUTCH, Sri Lanka’s preferred choice for mobile broadband services recently rewarded the winners of HUTCH Danumai Miliyanayai in a grand…
Sri Lanka’s Foreign Minister calls Commonwealth member states for collaboration to advance digitalization of economies and services
Sri Lanka’s Foreign Minister Dinesh Gunawardena called for assistance to advance digitalization of economies and services within Commonwealth member states…
Huawei Launches All-scenario Intelligent Connectivity Solutions
the UN Broadband Commission and Huawei held the sixth Ultra-Broadband Forum (UBBF 2020) online in Beijing. With the theme of…
Seamless Work From Home and Learn From Home possibilities with Huawei devices
Huawei, the global smartphone brand has ensured that its devices meet the benchmarks needed to provide a seamless Work From…
HUAWEI FreeBuds Pro, P40 Series, Vision X65 and VR Glass awarded esteemed Good Design Awards 2020
Huawei Consumer Business Group (BG) received four accolades from the Good Design Award 2020, the sole comprehensive design evaluation and…
CMA CGM and MSC join Maersk to make Tradelens blockchain the de facto global standard
CMA CGM and MSC Mediterranean Shipping Company have announced that they are now successfully integrated onto the TradeLens blockchain platform…
Huawei Launches ADN Solution for Enterprises, Bringing Intelligent Connectivity Within Reach
At HUAWEI CONNECT 2020, Huawei officially released its Autonomous Driving Network (ADN) solution for the enterprise market. This future-proof solution…
Sri Lanka’s newly launched LANKAQR code-based payment system to benifit SMEs
Sri Lanka officially launched LANKAQR code-based payments backed by a dedicated island wide promotional campaign with participation of the banking sector,…
HUTCH – oDoc partnership revolutionizes Sri Lankan telemedicine
HUTCH, Sri Lanka’s preferred choice for mobile broadband services has partnered with the leading telemedicine service provider oDocbringing24/7 online video…
HUTCH IS AMONG THE WORLD’S TOP 30 “MOST IMPROVED” MOBILE OPERATORS
Sri Lanka’s Hutchison Telecommunications (Hutch) among the world’s top 30 “most improved” mobile operators in terms of Upload Speed Experience…
Axiata Digital Labs partners with BCS Sri Lanka as the Exclusive Innovation Partner for National ICT Awards 2020
Axiata Digital Labs announced today that they have signed a partnership with the local chapter of the UK based Chartered…
Style up your fitness with the new HUAWEI WATCH FIT
Reframe your fitness, health and style with the latest smart sports watch from Huawei Huawei recently announced the launch of…
TECH4ALL: Powering Digital Inclusion with Technology
ICT can bring new value and approaches to digital inclusion At HUAWEI CONNECT 2020, which kicked off Recently, Kevin Zhang,…
Sampath Bank Ranked Amongst Top 1000 World Banks 2020 September, 23, 2020
Continuing to earn awards and recognition in Sri Lanka and around the world, Sampath Bank PLC was recently rated amongst…
Innovative Microwave Solutions Proposed at Huawei 5G Microwave Asia-Pacific Conference for Heavy-Rain Regions
The Huawei 5G Microwave Asia-Pacific Conference was held online recently, bringing together more than 130 guests to share insights into…
FUTURE OF THE SMARTPHONE MARKET IN SRI LANKA by kevin Jiang
As the world integrates the ‘New Normal’ in the ecosystem, Sri Lanka’s digital framework is pacing with fresh energy and…
Huawei P40 Pro sets a new benchmark in smartphone photography
Huawei P40 Pro is the latest flagship smartphone rolled out in Sri Lanka by Huawei, the innovative smartphone manufacturer. The…
Huawei co-sponsors ICTA for “e-Swabhimani 2020” Digital Social Impact Awards
World’s leading ICT provider, Huawei co-sponsors Information & Communication Technology Agency of Sri Lanka (ICTA) for e-Swabhimani 2020 – Digital…
Huawei Y6p offering a Visionary Photography Experience
Huawei, the innovative smartphone manufacturer, recently launched the Huawei Y6p in Sri Lanka featuring an innovative triple camera set up…
IIT’s first Virtual Careers Day 2020 brings together IIT students and Sri Lanka’s top companies
Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and…
Mobitel apps are now available on Huawei AppGallery
Reiterating its customer centricity, Mobitel, one of Sri Lanka’s leading mobile service providers, has constantly addressed the needs of mobile…
zMessenger and HUTCH rewards winners of BID2WIN competition
BID2WIN bidding competition organized by zMessenger in collaboration with HUTCH was concluded recently with an awards ceremony that rewarded the…
OVID–19 is accelerating the technology takeover
The COVID-19 pandemic has revealed a great deal of vulnerabilities in our world and our way of life that we…
John Keells Properties launches ‘Freedom Mortgages’ – Pioneering new home loan scheme with Commercial Bank waives interest for two years
In a first for Sri Lanka, John Keells Properties -through a strategic collaboration with Commercial Bank-has launched ‘Freedom Mortgages’, a…
Carmart Introduces “VIDEOCHECK” — Sri Lanka’s First Automotive Digital Aftersales Support Service
Carmart (Pvt) Ltd, the official representative for Peugeot in Sri Lanka, are set to revolutionise the automotive maintenance sector thanks…
Huawei P40 Pro released in Sri Lanka with a pack of incredible features
Huawei, the innovative smartphone manufacturer recently launched the feature packed Huawei P40 Pro in Sri Lanka taking the smartphone photography…
Huawei Nova 7i launched in fresh Skyline Grey color
Perfect fit coming in with exciting colorway Huawei, the innovative smartphone manufacturer, recently introduced the Skyline Grey edition of Huawei…
Huawei ICT Certification Program Cultivates Talent Ecosystem in Asia Pacific
The tech company reveals its long-term plan to bridge the ICT talent gap and calls for a cross-sector collaboration at…
Axiata Digital Labs Adds Industry Veterans to Leadership Team
Axiata Digital Labs (ADL) is pleased to announce the addition of Sanharsha Jayatissa, Fawaz Ashraff and Niresh Samaranayake to their…
HUTCH upgrades Colombo Customer Service Point to provide a better experience
As part of its efforts to deliver a better experience to its customers, HUTCH, Sri Lanka’s fastest growing mobile broadband…
As NPLs build up, finance companies call for regulatory forbearance
The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance…
“Helakuru app now available on Huawei AppGallery” -Sanoj Siriwardana :Head of Marketing, Bhasha
Helakuru, Sri Lanka’s number one keyboard and digital services app powered by Bhasha Lanka (Pvt) Ltd is now featured in…
vivo launches two next generation smart budget phones in Sri Lanka
Y50 Big Battery and strong performance and Y30 with advance gaming mode and 4 rear cameras vivo Mobile Lanka launched…
4GB RAM + 64GB storage, Huawei Y6P powered with 5000mAh long-lasting battery
Offering an uninterrupted smartphone experience Huawei, the innovative smartphone manufacturer, recently unveiled the all-new Huawei Y6p featuring a 5000mAh long-lasting…
Huawei 2020 First Half revenue up 13.1% to US $ 64 Bn
Huawei announced its business results for the first half of 2020 today. The company generated over US $ 64.2 billion…
Huawei MateBook D15 and MateBook 13 optimize productivity with a pack of innovative features
By Vidura Prabhath Huawei, the innovative smartphone manufacturer, recently marked its footprint in the laptop arena with the launch of…
Autogroup International steers into 25 years in conversion and re-manufacture of high-value American vehicles
People around the world cherish US manufactured SUV’s and Pick-up trucks for their premium look and features coupled with the…
IFS recognized as a Top Export Corporate Brand by Brands Annual
IFS, the global enterprise applications company, was recently recognized in the top five Export Corporate Brands for IT Services in…
Axiata Digital Labs Leads TM Forum Collaborative Catalyst Project Transforms How CSPs Collaborate
Axiata Digital Labs (ADL) today announced its participation in TM Forum’s renowned collaborative proof-of-concept Catalyst program focused on co-creating innovative…
HUAWEI Y6p coming at 30,499.00 LKR with 4GB RAM + 64GB Large Storage
Setting a new benchmark for entry-level smartphones, Huawei, the innovative smartphone manufacturer, recently launched Huawei Y6p featuring 4GB RAM +…
Huawei Ken Hu: Driving Equity and Quality in Education with Technology
Huawei’s Deputy Chairman Ken Hu outlined its vision and action plan for education under its digital inclusion initiative TECH4ALL at…
vivo Sri Lanka announces Y50 for mid July
Ultra large 5000mAH battery with 8GB + 128GB of RAM & ROM The innovative smartphone manufacturer, vivo Mobile is set…
Huawei ranks #6 among world’s most innovative companies 2020
Global leading ICT infrastructure provider Huawei has ranked No. 6 in BCG’s recent released list of the 50 Most Innovative…
Huawei soars in brand value, goes up in BrandZ World’s Most Valuable Brands rankings
Underpinned by an unrelenting drive for innovation, Huawei makes the top 50 for the fifth consecutive year Huawei is steadfast…
HUAWEI’S FIND APPS SEARCH WIDGET IS YOUR GATEWAY TO A MILLION APPS
New search tool powered by the Petal Search engine has been created in partnership with global search engine leaders to…
We’re more online than ever – what does that mean for our privacy?
Since the COVID-19 outbreak, many of us have adapted to the new normal and withdrawn to the safety of our…
The challenges of cyber security in Sri Lanka
The COVID-19 pandemic created an immense humanitarian crisis that severely affected almost all countries in the world. Due to the…
Startup Genome and Information and Communication Technology Agency of Sri Lanka Launch 2020 Global Startup Ecosystem Repor
The 2020 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at The…
Hutch cliQ now on 4G
Hutch Telecommunications, Sri Lanka’s preferred choice for mobile broadband services has enhanced its popular cliQ app enabling all its 078…
Verité Research launches first phase of a new public finance platform
Verité Research has launched the first phase of publicfinance.lk, an online platform that will eventually be a one-stop-shop for all…
ETI had not followed proper procedures from the start: Inquiring Committee
The inquiring committee appointed to investigate alleged irregularities in the ETI Investments met with President Gotabaya Rajapaksa at the Presidential…
The Finance Houses Association of Sri Lanka condemns the murder of Three Wheel Association Chairman Late Sunil Jayawardena
The Finance Houses Association of Sri Lanka (FHA) in its capacity as the apex association of 41 Registered licensed Finance…
Fitch Ratings: Pace of Coronavirus-Related Downgrades Easing for APAC Corps
Fitch Ratings has downgraded the ratings of 28 corporates in Asia Pacific (APAC), and made negative revisions to the rating…
CB to increase refinance facility to 150 mn to assist COVID-19 affected SMEs
The cabinet of ministers approved a proposal presented by President Gotabaya Rajapaksa to increase the refinancing facility of the Central…
IFC provides $50 million support to Sri Lanka’s Commercial Bank to boost SMEs
IFC, a member of the World Bank Group, is providing a $50 million loan to Commercial Bank of Ceylon (ComBank),…
Technical Assistance grant of Euro 11 mn from the Government of Germany
An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical…
‘HATCHX’ SRI LANKA’S FIRST VIRTUAL FINTECH ACCELERATOR
Despite the volatile condition in the country and the world due to the pandemic, Sri Lanka’s first fintech accelerator program…
SLIIT bolsters Tech Innovation in Academics and Elevates Learning Experience in Sri Lanka
Sri Lanka Institute of Information Technology (SLIIT), recently announced that they have strengthened their technological facilities and capabilities with the…
Spectra Logistics (Pvt) Ltd certified a Great Place to Work
Spectra Logistics (Pvt) Ltd, an end-to-end logistics solutions provider, has been recognised as one of Sri Lanka’s best workplaces for…
Huawei Cloud’s New Global Offerings to Unleash Digital
Huawei held Product & Solution Launch 2023 at Mobile World Congress (MWC23), and Huawei Cloud is there to release its…
Stride to 5.5G Era, Extending Business Frontiers
At MWC Barcelona 2023, Huawei showcases leading technologies, new business opportunities, and industry progress in the 5.5G era. The company…