Front Page,IT / Telecom / Tech

Orion City and Dialog Axiata Group partner to build Sri Lanka’s first-ever High Density Data Centre

Views - 57 Wednesday, 21 March 2018 02:55

Sri Lanka’s premier connectivity provider, Dialog Axiata Group, announced a joint venture partnership with Orion City to build and manage the island’s first ever High-Density Data Centre at the Orion City IT Park in Colombo.

Landmark ‘The One’ development to cost over $ 500 m investment to redefine urban regeneration in Col

Views - 1038 Wednesday, 21 March 2018 01:05

Ultra luxury, state-of-the-art hospitality, breathtaking surroundings, signature amenities, world-class dining experiences, three towers comprising two luxury hotels (a total of 473 keys), a luxury retail mall, a commercial office complex

National financial inclusion strategy in force from mid-2019

Views - 244 Wednesday, 21 March 2018 00:58

The Central Bank in consultation with the International Finance Coperation (IFC) is championing financial inclusion by convening relevant stakeholders to draft Sri Lanka’s first national financial inclusion strategy (NIFS), which will be implemente

SC greenlights liability management bill

Views - 174 Wednesday, 21 March 2018 00:56

The Supreme Court has determined the Active Liability Management Bill is not inconsistent with the Constitution, Speaker Karu Jayasuriya told Parliament yesterday, paving the way for crucial legislation for better debt management.

Defence Min. cuts JEDB lifeline

Views - 168 Wednesday, 21 March 2018 00:53

A move to award the supply tender for tea for this year to a private company is threatening the profitability of the Janatha Estate Development Board despite a Cabinet decision to procure supplies from the state-owned entity, highly-placed sources cl

Govt. needs to “walk the talk”: German Ambassador Rohde

Views - 51 Wednesday, 21 March 2018 00:00

Commenting on the recent clashes in Digana, Kandy, German Ambassador in Sri Lanka Jorn Rohde said it was very important that the Government acted decisively to stop racial hatred sustainably to guarantee that these unfortunate incidents would not hap

Need for promoting entrepreneurship aimed at national integration

Views - 11 Wednesday, 21 March 2018 00:00

Sri Lanka is just recovering from what could have been another 1983. The fear of Sinhala Buddhism and Sinhala Buddhist population being threatened by other Sri Lankans who happen to be non-Buddhists is the bane of this country.

UNHRC adopts Sri Lanka’s UPR report

Views - 11 Wednesday, 21 March 2018 00:00

The final report of Sri Lanka’s review under the third cycle of the Universal Periodic Review process was adopted during the 37th Session of the UN Human Rights Council, held in Geneva yesterday (19 March). The following is the text of the Statemen

Mangala says new IR Act will double share of direct taxes by 2020

Views - 682 Tuesday, 20 March 2018 00:27

Finance Minister Mangala Samaraweera yesterday (19 March) said the implementation of the new Inland Revenue Act would double the share of direct taxes of the total collection in two years, while creating a level playing field for everyone to do busin

Tourism industry tapers down impact of communal clashes

Views - 982 Tuesday, 20 March 2018 00:27

Considering the adverse impact of the upheaval that took place in the country, Tourism Development Minister John Amaratunga yesterday (19 March) said Sri Lanka may miss the 2.5 million tourist arrival target this year as well.

Lack of trust in Police compels deployment of separate TID team to Kandy

Views - 474 Tuesday, 20 March 2018 00:26

Due to lack of public faith in the Police, a special team from the Terrorist Investigations Division is to be deployed to Kandy to round up the remaining suspects involved in the riots that occurred in the Kandy district this month, UNP MP Mujibur Ra

Bond report debate and Provincial Council delimitation report submission postponed indefinitely

Views - 301 Tuesday, 20 March 2018 00:26

By Skandha Gunasekara The continuation debate on the report of the Central Bank bond scam, as well as the presenting of the Delimitation report for the Provincial Council election, which were both part of Parliament’s agenda for the week, have been

First Mayoress Rosy

Views - 653 Tuesday, 20 March 2018 00:26

First woman Mayor of Colombo, Rosy Senanayake, was sworn before Prime Minister Ranil Wickremesinghe and Prison Reforms, Rehabilitation and Reconstruction Minister D. M. Swaminathan at Temple Trees yesterday. Ministers Mangala Samaraweera and John Ama

February tea output up 14%

Views - 168 Tuesday, 20 March 2018 00:21

Reuters: Sri Lanka’s tea output in February rose 14% from a year earlier due to favourable weather and a lower base last year, the state-run Tea Board said on 12 March. Production in the first two months of the year rose 14.1% from the same period

Human rights, issues, religion and faith

Views - 178 Tuesday, 20 March 2018 00:00

By Ruki Fernando This story is based on visits to both sites and testimonies of at least 10 survivors and about five eyewitnesses present As Sinhalese – Buddhist mobs were escalating violence against Muslims around Digana on 5 Marc

Blockchain Technology Lanka and NEM Malaysia give insights into blockchain for enterprises

Views - 161 Tuesday, 20 March 2018 00:00

Newly set up Blockchain Technology Lanka Ltd., a subsidiary of Just In Time Holdings Ltd., recently held a forum on ‘Blockchain for Enterprises’ in association with NEM Malaysia, a fully functioning blockchain built for enterprise use. NEM Blockc

SL Ceramics and Glass Symposium 2018: A bid to enhance industry and new market opportunities

Views - 164 Tuesday, 20 March 2018 00:00

By Shannon Jayawardena The Sri Lanka Ceramics and Glass Symposium 2018, in a bid to enhance the industry and new market opportunities, invited several leading professionals to share insights and their view points on 6 March at the Taj Samudra. The ob

President lifts state of emergency

Views - 222 Monday, 19 March 2018 01:53

As the army begins to withdraw troops from Kandy, President Maithripala Sirisena ended the state of emergency which was imposed in the country two weeks ago to control extremist attacks on the Muslim community in the central hill capital.

Public Enterprise Development Ministry still on lookout for PPP for SriLankan

Views - 763 Monday, 19 March 2018 01:51

The Public Enterprise Development Ministry is on the lookout for an investment partner to manage national carrier SriLankan Airlines as its restructuring consultant is set to present a crucial report on 21 March.Denying reports that the Government ha

Harsha says no need for JO to get involved in UNP restructuring

Views - 637 Monday, 19 March 2018 01:49

State Minister for National Policies and Economic Affairs Dr. Harsha de Silva yesterday dented Joint Opposition enthusiasm saying the latter need not get involved in UNP restructuring and dismissed any connection between it and the proposed no-confid

Seylan goes for Rs. 10 b BASEL III compliant debentures

Views - 183 Monday, 19 March 2018 01:47

Seylan Bank Plc intends to raise Rs. 10 billion via BASEL III-compliant debentures with the issue opening on 21 March.

BMW which crashed into canal driven by relative of Minister Kabir Hashim

Views - 3513 Monday, 19 March 2018 01:47

Higher Education and Highways Minister Kabir Hashim said the BMW car, which ended up in a canal at Thalawathugoda in Battaramulla early Saturday morning after crashing into two other cars, was driven by one of his relatives.

Taprobane Holdings to be Ambeon Capital

Views - 329 Monday, 19 March 2018 01:46

Taprobane Holdings Plc said its Board of Directors has passed a resolution to recommend the change of the company’s name to Ambeon Capital Plc.

Sampath Bank Rs. 7.5 b BASEL III-compliant debentures oversubscribed

Views - 189 Monday, 19 March 2018 01:42

Sampath Bank Plc’s Rs. 7.5 billion BASEL III debenture issue was oversubscribed on Friday. The bank issued 50 million BASEL III compliant Tier 2 listed rated unsecured subordinated redeemable five-year debentures of Rs. 100 each with an option to i

First Responsible Fashion Summit today aims to position Sri Lanka as destination for ethical fashion

Views - 194 Monday, 19 March 2018 00:00

Sri Lanka takes the lead in Asia with the innovative first edition of the Responsible Fashion Summit, the first of its kind to push the envelope to bring about changes in the mindset which has a direct positive impact on the fashion supply chain. The

Law and Order Ministry announces platforms for public complaints on illegal surveillance, harassment

Views - 35 Monday, 19 March 2018 00:00

The Law and Order Ministry in a media release announced that there were several platforms available for the public to lodge complaints of illegal surveillance and harassment.

Youth must step up contribution to business: Survey

Views - 253 Saturday, 17 March 2018 01:15

The latest nationwide poll conducted by research firm Kantar TNS for business magazine LMD reveals that a majority of respondents (52%) feel the generation gap does not impact business – they believe that ‘anyone can do business’.

UNHRC to adopt Sri Lanka’s UPR report next week

Views - 57 Saturday, 17 March 2018 01:12

Sri Lanka’s Universal Periodic Review (UPR) Report under the 3rd cycle of the UPR will be adopted at the 37th Session of the United Nation Human Rights Council on Monday, March 19, the Foreign Affairs Ministry said.

SC takes up seven petitions against proposed new High Court

Views - 123 Saturday, 17 March 2018 01:12

When the Supreme Court yesterday took up petitions against Government plans to set up a new High Court to try corruption cases, Senior Counsel Romesh de Silva PC making submission on the proposed Judicature Act (Amendment) Bill said it would lead to

Compensation for Kandy riots from Monday

Views - 191 Saturday, 17 March 2018 01:12

Government authorities are scheduled to begin handing over compensation for the victims of the racially-instigated riots in the Kandy District by Monday.

Today's Columnists

Putin, Mahinda and Gotabaya

Tuesday, 20 March 2018

I have to say that I am very happy indeed about the resounding victory scored by President Putin. If not for him, there would be no multi-polarity in the world; no chance of a global equilibrium; no ally for the rising economic power of China which w

President’s backflip toward Rajapaksa camp summons Ranil’s reserves to meet the challenge

Tuesday, 20 March 2018

Ranil Wickremesinghe, Prime Minister of Sri Lanka, is hard put to it in meeting the very strenuously intricate challenge foisted upon him by his partner in the Yahapalanaya Government – President Maithripala Sirisena. Inasmuch as Mahinda Rajapaksa

The world moves forward and we move backwards

Tuesday, 20 March 2018

Communal riots emerged once again. It will emerge over and over again since we, those who govern and those who are governed, over and over again prove that we do not learn from the past mistakes. My first experience of communal riots was black July 1

Drop the guns, ‘Hit Refresh’

Tuesday, 20 March 2018

‘Drop the guns’ is my addition based on his own analysis, but ‘Hit Refresh’ is Satya Nadella’s main title of the quite praiseworthy book with a vision for everyone, not only in the technology field, but also in other areas of knowledge and

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