Malaysian telecom major Axiata, the parent of Sri Lanka’s Dialog Axiata, is set to launch a venture capital fund for Sri Lanka to stimulate the ecosystem around technology-based innovation and wealth creation in the country.

Within four days of a Presidential level delegation from Sri Lanka successfully wrapping up its bilateral work in Doha, the State of Qatar is despatching an official delegation led by an influential Qatari Minister to Colombo to move bilateral trade

Sri Lanka’s top policy markers recently outlined the need to open the country’s agriculture and industry sectors to market forces in order to enhance the economy’s competitiveness and reorganize labour markets.

Leading footwear manufacturer Lakpa Shoes (Pvt.) Ltd’s 150th container-load left Sri Lankan shores recently.

Hayleys Engineering recently unveiled Sri Lanka’s first ever Engineering Experience Center that provides engineers, consultants and clients the opportunity to experience latest technology and technology yet to come to Sri Lanka.

MAC Supply Chain Solutions Private Limited, a fully owned subsidiary of MAC Holdings Private Limited was accoladed at the NCE Export Awards and Presidential Export Awards.

Plantation Industry Minister Navin Dissanayake visited the WATEC exhibition in Israel to find new and practical technology solutions to support the plantation industry to pertain the momentum of the harvest and to support the tea small-holders by int

Samsung Sri Lanka announces that Samsung’s award winning AddWash front loading washing machine range is soon to be launched in Sri Lanka.

Surplus.lk, Sri Lanka’s newest online platform dedicated to the needs of buyers and sellers in the engineering sector was recently launched.

At last week’s tea auction held on 25th October, 2017 an invoice of OP1 from Avissawella Tea Factory selling under the Sithaka Mark secured an equal all time Colombo Tea Auction Record price of Rs.1, 350 per kg in the Low Grown Category. 

A tea worker drops tea leafs after plucking at a tea state in Nuwara Eliya, Sri Lanka October 28. Sri Lanka’s tea output jumped 27.6 percent due to good weather in September and a lower base last year, the state-run Tea Board said.

Children’s Day was celebrated at the beginning of October across the world in various ways but perhaps the best way a parent or a grandparent can mark the day in a meaningful manner is to give a child a gift that grows and safeguards the enviro

After implementing SAP, the world’s premier Enterprise Resource Planning (ERP) tool, across its group of companies in 2012, the Capital Maharaja Organisation Ltd recently became the first to implement SAP within the tea industry.

Lankapak 2017, Sri Lanka’s only dedicated packaging exhibition, organised by the Sri Lanka Institute of Packaging, set to be a three-day event, was launched yesterday at the BMICH, with the exhibitors launching new products and services to the

REUTERS: Twitter Inc. said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising

The Commerce Department this week pointed out that revolving around the World Trade Organisation (WTO) trade remedies are a number of misconceptions that could tax the private sector greatly, if it fails to understand the tools.

  Sri Lanka is aiming to expand its presence in Qatar, Industry and Commerce Minister Rishad Bathiudeen said.

REUTERS: Sri Lankan shares fell in thin trade yesterday, as the market took a breather after hitting a near three-month high in the previous session, with foreign investors net selling equities ahead of the national budget.

REUTERS: The Sri Lankan rupee closed higher yesterday as late exporter dollar conversions and remittances surpassed demand from importers for the greenback, dealers said.

Sri Lanka’s estate sector residents on average were in debt last year and possibly malnourished, spending more than they were earning mostly on non-food expenditure, according to the Household Income and Expenditure Survey (HIES) 2016 of the Ce

Oil prices held steady yesterday, with Brent crude hovering near US $ 60 a barrel, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. International benchmark Brent crude futures LCOc1 were up 3 ce

The Crysbro Group well-known for quality, freshness and innovation in breeding and processing of chicken in Sri Lanka for over four decades  will take the initiative of sponsoring Sri Lanka Housewives’ Association in the landmark year 2018

Mobitel’s Cash Bonanza Montero Extravaganza programme continues to reach unprecedented heights in September, witnessing a growing number of customers participate as a result of the exciting prizes on offer.

During the month of October, Pooja Umashankar paid a series of surprise visits to Airtel retailers in Colombo, Gampaha, Kandy and across the East coast.

Since its launch late last year by CBL Global Foods, ‘Sera Real Coconut Milk’ has rapidly expanded its market share to become a household brand across Sri Lanka. CBL Global Foods is backed 

Dialog Axiata PLC recently announced the launch of ‘Connected Home’, a futuristic home automation solution which is to be one of the many revolutionary solutions introduced under Dialog Smartlife - the latest innovation in digital lifesty

Finco Technologies was the proud winner of the ‘Best Master Commercial Reseller’ in the Asia Pacific Region for the sixth consecutive year at the NEC Regional Partner  Conference in 2017 (H1).

E-W Information Systems Limited (EWIS), a pioneer within Sri Lanka’s ICT industry has launched the new EWIS T800RG, Sri Lanka’s very first rugged device, specially manufactured for rugged use such as the requirement of the fisheries indus

Cemex Software, an innovative HRM cloud solutions provider, announced that Imran Vilcassim has joined their board of directors effective from October.

The smartphone is now replacing the desktop and laptop, and everyday more and more phone users are resorting to use mobile apps to pay bills, monitor internet usage and access plenty of other mobile based services and products.