Business

Sophos, a global leader in next-generation cybersecurity, today announced findings from its survey report, “The State of Ransomware in Financial Services 2021,” that show how mid-sized financial services organizations worldwide spent…

Southeast Asia is one of the most vulnerable regions in the world to global climate change. As the Intergovernmental Panel on Climate Change (IPCC) found in its latest report, Southeast Asia faces rising sea levels, heat waves,…

For the first time in the history of Ampara district, the ‘Handrich Agro Care Solution and Industries Centre’ providing agricultural machinery and guidance introduced paddy cultivation with technology of row seeding with the help of…

For 53-year-old H.A.M. Weerasooriya, life after school was all about the hustle. Given his advanced education in the sciences, he tried – and failed – to find jobs with the government and within the private sector. After years of…

The newly constructed City Complex will immensely help to bring new investments to swell the country’s economy to a greater extent in the years to come and help to provide new employment avenues to youth in numerous fields, especially…

Dr Cornelius Boersch - European Business Angel of the Year (2009) and Certified Super Angel by the European Investment Fund (EIF), during his first visit to Sri Lanka this year, partook in a private event held recently at Hatch Works.…

Increased financial inflows bolstered Gross Official Reserves (GOR) during August 2021. Gross official reserves increased to USD 3.5 billion by the end of August 2021, from USD 2.8 billion at the end of July 2021. This increase…

The Asian Development Bank (ADB) has approved a new energy policy to support universal access to reliable and affordable energy services while promoting the low-carbon transition in Asia and the Pacific. “Energy is central to…

The Colombo Dockyard made maritime history by launching two new ships built in Sri Lanka for the Iraqi Port Company from Colombo. The total value of the two ships was USD 35 million. The main contract for the construction of the…

Continuing its support towards accelerating the digital transformation and technology diffusion in the country, SLT-MOBITEL, the National ICT Solutions Provider has joined hands with the Computer Society of Sri Lanka (CSSL) as the Platinum…