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., and Australia. The island nation of 22 million, just off…
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, sparking widespread protests against the government and political instability. Decentralised…
84 Countries Gather in 8APSMC, 2000MHz Mid Bandwidth for 5G including 6GHz per Country as IMT Industry Consensus
The 8th Asia-Pacific Spectrum Management Conference is held in Bangkok from 26 to 27 April 2022. It is jointly hosted by Forum Global and Thailand NBTC, supported by ITU and…
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 2020. In 2021, Amana Takaful Life also boosted its Gross…
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 this industry is expected to bring growth opportunities for both…
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) for outstanding management excellence. A total of 5 managers from…
Container Freight rates increased
The All Ceylon Container Carrier Owners’ Association (ACCCOA) has increased the import and export container shipping charge by 65%. The decision has been taken considering the price increase of vehicle…
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 making its first investment in Sri Lanka-based Start-up. The company…
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 $43 billion. He also said the social media company ”needs…
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 Virtusa, as the island nation’s contribution to the industry is…