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Wednesday May 12th, 2021

Softlogic Sri Lanka ties up with Huawei for cloud, AI solutions

Aims to fill gaps in post-Covid-19 tech needs

5 minutes

Open University of Sri Lanka to fill IT resource gap with online degree

The Open University of Sri Lanka (OUSL) is starting an online bachelor's degree in information technology to fill a resource gap in the...

3 min read

Sri Lanka to introduce "unlimited" internet not subject to FUP: regulator

Sri Lanka’s telecom regulator has announced plans to provide “unlimited” internet packages to the public, not subject to a Fair Use Policy (FUP)...

2 min read

Sri Lanka's Dialog Axiata 'AAA(lka)' rating confirmed

Fitch Ratings has confirmed an 'AAA(lka)' rating of Sri Lanka's Dialog Axiata with a 'stable outlook.

7 min read

Fitch expects Sri Lanka Airtel unit to seek M&A

Fitch Ratings said it expected Airtel Lanka, a unit of India's Bharti Airtel to seek mergers and acquisition deal as the island's mobile sector consol...

Imesh Ranasinghe
LSEG completes acquisition of Refinitiv

London Stock Exchange group said it had completed the acquisition of Refinitiv, a data analytics group in a stock offer.

ICTA to introduce high-tech contact tracing for pandemic control – Chairman de Silva

Sri Lanka’s Information and Communication Technology Agency (ICTA) will launch the new Stay Safe Digital Project on Mo...

Imesh Ranasinghe

3 min read

Sri Lanka's Mobitel offers 5G smartphone

Sri Lanka's Mobitel said it is offering a 5G smartphone which can be pre-ordered.

1 min read

Sri Lanka's Dialog Axiata offers 5G smartphone

Sri Lanka's Dialog Axiata said it has launched a mid-range 5G smartphone, Huawei Nova 7 SE in several locations where th...

1 min read

Sri Lanka fintech start-ups seek funding in virtual pitch

Seven Sri Lanka fintech start-ups, which are developing applications for insurance, payments and credit products, are se...

Mahadiya Hamza

4 min read


Sri Lanka mobile network Dialog adopts QR code payments

Mobile operator Dialog Axiata said it had adopted Sri Lanka's national quick response code (QR) which will enable paymen...

2 min read

Virtusa to be bought by Baring Private Equity Asia for US$2.0bn

Baring Private Equity Asia (BEPA) is to buy Virtusa, a technology company which has a development centre in Sri Lanka in...

2 min read

Sri Lanka stock exchange woos IT firms with revised requirements

Sri Lanka's stock exchange has offered options for information technology firms with a track record to list, including ...

2 min read

Sri Lanka planned number portability welcomed by Dialog

Sri Lanka's largest mobile operator Dialog Axiata Plc has welcomed an announcement by the regulator that the island will...

2 min read

Sri Lanka blockchain start-up gets venture capital from Japan

Tracified, a Sri Lanka-based start-up which is developing a blockchain based solution to track supply chains has receive...

2 min read

Sri Lanka Telecom profits double in June 2020 quarter

Profits at Sri Lanka Telecom Plc, which also has a mobile unit doubled to 2.8 billion rupees in the June 2020 quarter fr...

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.5695 199.5817
UK Pound 281.7522 281.8593
Euro 242.1377 242.3121
Aus Dollar 155.9436 156.4721
Yen 1.8334 1.8328
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7185 2.7143
Korea Won 0.1778 0.1784
Oman Rial 518.3758 518.4142
Saudi Riyal 53.2143 53.2175
UAE Dirham 54.3320 54.3353
Source: Central Bank/Indicative
pts %
S&P SL20 2,843.40 0.18%
CSE All Share 7,143.38 0.11%
Turnover Rs million. 1,167,831
Source: CSE
Latest Last
3-m bill 5.07 5.04
6-m bill 5.11 5.09
12-m bill 5.16 5.15
5-yr bond 7.38 7.12
8-yr bond 7.87 7.71
Source: Central Bank/Indicative
today yesterday
Overnight Money 4.65 4.65
Gilt Repo 4.68 4.67
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka Angel Fund says seeking early-stage Post-Covid start-ups

The Angel Fund, start-up fund which has collected 100 million rupees says it is looking for innovative early-stage entit...

2 min read

Arjuna Nanayakkara to head London Stock Exchange tech centre in Sri Lanka

London Stock Exchange Group said it had appointed Arjuna Nanayakkara who has a background in information technology and ...

1 min read

Sri Lanka Telecom to roll out 200,000 optical fibre links with Nokia tech

Sri Lanka telecom will boost its capacity for optical fibre to the home (FTTH) connections by 200,000 from the current 3...

2 min read

Sri Lanka SME's using ICTs get double the profits, information gulf blocks wider use: Lirn...

Small and medium enterprises in Sri Lanka can grow their businesses and make more profits by connecting to the internet...

Chanka Jayasinghe

4 min read


Sri Lanka's start-ups slammed by Coronavirus, seeking help

Sri Lanka's start-ups have been badly hit by Coronavirus, with the sector generally not getting support from banks indus...

Tania Madies

5 min read

Sri Lanka’s tech firm gets Microsoft's AI grant for healthcare app

Microsoft said it will give a grant to Sri Lanka based Fortude, a technology firm for developing an application dealing ...

2 min read

India's HCL Technologies looks to hire 1,500 into Sri Lanka unit amid Covid-19

India based HCL Technologies, an information technology (IT) service and engineering group which is entering Sri Lanka a...

Mahadiya Hamza

3 min read

Sri Lanka telecom regulator asked find businesses to use Lotus Tower

Sri Lanka's President Gotabaya Rajapaksa had asked the telecom regulator to find local and foreign businesses to use Lot...

2 min read

Sri Lanka telcos to offer new data plans to study, work from home in Coronavirus

Sri Lanka's telecom firms will provide expanded data plans to help customers work and study from home to promote social ...

Chanka Jayasinghe

3 min read

Sri Lanka Telecom says dealing with REvil hack, customer data safe

Sri Lanka Telecom, the island's largest fixed line operators said a cyber attack has been mounted on a section of their ...

1 min read

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