IBM partners with Hatton National Bank

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As IBM (NYSE:IBM) marks its 50 year presence in Sri Lanka this year, the global technology giant announced its partnership with Hatton National Bank...

Aviva to sell its stake in Sri Lanka

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British insurer Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said...

Lanka to launch its first telecom satellite

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SupremeSAT (Pvt) Ltd. signed an investment agreement with the Board of Investment yesterday with very ambitious plans to take Sri Lanka into the global...

WSO2 announces tie-up with 5 leading companies

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WSO2 announced that five leading organisations in Sri Lanka have tied-up with the middleware solutions provider for its innovative applications. With its main operations arm in Sri...

Sri Lanka plans tea hub, imports from India, China

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Sri Lanka's tea exporters are lobbying for liberalized imports to expand the industry and make it into a tea hub by blending high quality...

ITC’s Sri Lankan arm acquires land for hospitality project

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Diversified business conglomerate ITC Ltd said its wholly-owned arm in Sri Lanka has acquired land for a mixed-use hospitality project in the island nation. The...

CB expects market stability

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The Central Bank says it expects stability in the domestic foreign exchange market over the next few weeks following a decision to reduce the...

WSO2 to present workshop in Sri Lanka

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WSO2 Technology Executives Will Lead a Workshop on May 16, to Explore Real-World Use Cases for Addressing Top IT Challenges with the WSO2 Carbon...

Germany gives Rs. 6.5 million to empower grassroots projects

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The German Embassy funded four micro-projects worth Rs. 6.5 million to uplift the livelihoods of people in different parts of the island. The annual micro...

WSO2 recruits beta customers for WSO2 API Manager

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WSO2 announced that the company has begun recruiting beta customers for the new WSO2 API Manager product scheduled to launch this summer. WSO2 API Manager...