Virtusa announce Q1 fiscal 2018 revenue of USD227.3Mnl, up 0.6-pct
(PRESS RELEASE) - First Quarter Fiscal 2018 Consolidated Financial Results Revenue for the first quarter of fiscal 2018 was $227.3 million, an increase …
Technology
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Nasdaq quoted Synopsys to invest in R&D capabilities in Sri Lanka
Aug 09, 2017 (LBO) - Synopsys, Inc., a Nasdaq quoted leader in the electronic design automation industry (EDA), says it will invest futher in R&D capabilities …
Court rejects SLT application to prevent Dialog’s fibre network expansion
Aug 01, 2017 (LBO) - The District Court of Colombo has refused applications for enjoining orders sought by Sri Lanka Telecom PLC against Dialog Axiata PLC …
Sri Lanka John Keells Holdings profits up 19-pct in June quarter
July 27, 2017 (LBO) – Sri Lanka’s diversified conglomerate John Keells Holdings group profits rose 19 percent to 2.8 billion rupees in the June quarter …
Court orders SLT to disclose source of Dialog Broadband documents
July 26, 2017 (LBO) - The Commercial High Court has ordered Sri Lanka Telecom PLC (SLT) to disclose the source of confidential information of Dialog Broadband …
Virtusa Chairman and CEO Honored at SLT Zero One Awards
(PRESS RELEASE) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for …
From basketballs to batteries, China’s sharing economy is on the rise
July 19, 2017 (LBO) - More than 500 billion dollars worth of transactions were carried out in China's sharing economy last year, which could grow to 10 percent …
Sri Lankan Supreme Court petitioned to stop building steel houses for IDPs
By P.K.Balachandran Tamil National Alliance (TNA) MP for Jaffna District, M.A.Sumanthiran, on Thursday filed a Fundamental Rights petition in the Supreme Court …
Dialog launches Sri Lanka’s first TIER III Certified Data Centre and Media Hub
(Press Release) - Dialog Axiata Group announced last Friday, the commissioning of Sri Lanka’s first Tier III certified data Centre and media bub. Dialog, Sri …
China boasts 100 tech unicorns and eight decacorns
July 04, 2017 (LBO) - China now boasts at least 100 tech companies worth over one billion dollars each, called unicorns, and eight companies valued at over 10 …
Facebook, Microsoft, Twitter, YouTube in forum to counter terrorism
June 27, 2017 (LBO) - Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a 'Global Internet Forum to Counter Terrorism.' The companies …
DFCC introduces Oracle budgeting cloud service, 1st time in ASEAN region
DFCC Bank and Synapsys along with their partner Oracle recently launched the Oracle Planning and Budgeting Cloud Service together with a Customer Profitability …
SLT first to successfully field test Pre-5G LTE Advanced Pro in South Asia
June 06, 2017 (LBO) - Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first comprehensive field trial of …
Mitra Innovation client wins UK data industry award
June 05, 2017 (LBO) - A client of Sri Lanka and UK-based Mitra Innovation, Beyond Analysis, has recently won a data industry award, the company said. Mitra …
Dialog starts operations of 4.5G LTE home broadband in Colombo
Sri Lanka achieved yet another milestone on the region’s broadband technology landscape this week, as Dialog Axiata announced the launch of its commercial …
Huawei launches GR5 2017 Premium in Sri Lanka
(PRESS RELEASE) - Huawei, the leading smartphone brand in Sri Lanka recently introduced the Huawei GR5 2017 Premiumedition to the Sri Lankan public. The new …
Dialog paves way for 5G with successful MIMO trial
May 24, 2017 (LBO) - Sri Lanka’s Dialog Telecom said they have successfully completed a trial of next-generation, MIMO (Multiple-Input Multiple-Output) …
Interview: E-commerce shakes up Sri Lanka’s retail sector, says Takas CEO
May 24, 2017 (LBO) - Sri Lanka's online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for …
Dialog Axiata offers pay per click rewards in Sri Lanka
May 23, 2017 (LBO) – Sri Lanka's Dialog Axiata has entered the pay-per-click market offering Dialog and non-Dialog subscribers the opportunity to earn …
Sri Lanka recognizes SLIIT as non-state independent body
May 18, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal made by the President to recognize the Sri Lanka Institute of Information Technology …