SriLankan Airlines crowned ‘Leading International Airline of 2019’

Jan 07, 2020 (LBO) – SriLankan Airlines, the largest carrier into the Maldives, won the coveted title of ‘Leading International Airline of 2019’ at the MATATO Travel Awards in the Maldives, polling the most number of votes from the travelling public ahead of many of the world’s best reputed airlines. The Maldives Travel Awards is […]

Mobitel offers attractive data plans for YouTube, Facebook and WhatsApp

Understanding the rapid demand for videos, Mobitel has announced the launch of its latest proposition, offering both Pre-Paid and Post-Paid customers to stream YouTube videos limitlessly for as low as Rs 249 per month. With this new offer, Mobitel Customers can now watch their favorite Movies, TV Shows, documentaries and listen to songs by simply […]

‘Manufacturing in 2020: Connecting machines to networks and companies to end-consumers’

Antony Bourne – President- IFS Industries While change is buffeting the industrial manufacturing industry from a number of directions, the most disruptive changes will be those which manufacturers can and should make for themselves. Many of these manufacturers are already taking advantage of technologies like the Internet of Things (IoT) and as we head into […]

Sri Lanka tea exports up in Nov 2019

Jan 02, 2020 (LBO) – Sri Lanka tea exports for November 2019 totalled 21.9 M/kgs, showing a marginal gain of 0.6 M/kgs vis-à-vis 21.3 M/kgs of November 2018, a new report showed. Packeted tea has shown a growth YOY, whilst bulk tea has remained static,  Forbes and Walker Tea Brokers said in their monthly report. […]

DIMO launches power panel manufacturing plant at DIMO logistics centre

Diesel & Motor Engineering PLC (DIMO), one of Sri Lanka’s leading diversified companies has successfully launched its own power panel manufacturing plant in Weliweriya DIMO Logistics Centre. DIMO commenced manufacturing their own electrical power panels two years ago, mainly to cater the electrical projects secured by various divisions of the company. DIMO have successfully achieved […]

Opinion: Paving way towards safer Sri Lanka for women and girls

(UNFPA) – Violence against women and girls is one of the most prevalent human rights violations in the world. The costs of violence are extremely high and include direct costs to the country as well as the untold cost inflicted on survivors and their communities for generations to come. Putting an end to this grave […]

‘Revitalized Africa Policy’ to guide Sri Lanka’s engagement with Africa

Dec 20, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has said the operationalization of the recently developed ‘RevitalizedAfrica Policy’, seeks to enhance Sri Lanka’s cooperation in the political, economic and cultural spheres across Africa. Among the envisaged measures for closer engagement are the expansion of Sri Lanka’s diplomatic presence in Africa, stronger and mutually productive […]

President appoints tech-studded ICTA board to drive digital Sri Lanka

Dec 20, 2019 (LBO) – In line with his vision for a Sri Lanka driven by technology, President Gotabaya Rajapaksa has appointed a tech-studded board for the Information and Communication Technology Agency of Sri Lanka (ICTA). Steering the board as Chairman is Jayantha De Silva, Co-Founder of IFS Sri Lanka, the country’s first FDI-funded technology […]

Opinion: Gender dimension of remittances to Sri Lanka: Who remits more?

Bilesha Weeraratne Remittances are often considered a stable and a reliable source of development financing. In 2018, remittances to Sri Lanka totaled to USD 7.015 billion. At the macro level, the contribution of remittances to the Sri Lankan economy is immense. In 2018, remittances accounted for 7.8 % of the GDP, and could cover 59% […]

Mobitel to play critical role as connectivity partner for Hatton National Bank

(PRESS RELEASE) – HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions using big data, data science and advance data analytics which has consistently attracted the nation’s blue chip corporates to opt for Mobitel as their Communications Partner. We will put this expertise to strategic use […]

The new oil of the 21st century: Sri Lanka’s need for data scientists

Malitha Goonaratne In 2012, the Harvard Business Review named being a ‘data scientist’ the “The Sexiest Job of the 21st Century”. If that is not appealing enough, it is estimated that by 2020, there will be 40 trillion gigabytes (40 zettabytes) of data created. In comparison, in 2018 there were 18 trillion gigabytes (18 zettabytes) […]

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