Colombo is a city well known for its modern infrastructure and real estate development. Being the commercial capital of Sri Lanka, the city has the potential to become even more popular with investors and property developers than other cities in the South Asian region. Lamudi explores the potential improvements the city will experience in the…
AFP – Indian steel giant Tata Steel on Wednesday put its British business up for sale, placing thousands of jobs at risk and striking a heavy blow to the crisis-hit steel industry. Tata said in a statement that trading conditions had “rapidly deteriorated” in Britain and Europe due to a global oversupply of steel, a…
After a significant reduction in investments over the past two years, oil companies can no longer overcome the production declines from legacy wells. The oil business is nothing more than a rat race. Oil companies continually have to drill new wells to offset the decline from legacy wells. If they drill too much it causes…
Office 365 is an all included, communicative and collaborative, subscription based online productivity suite from Microsoft. It brings together various productivity tools ranging from web apps, to email to communication tools. Here are the Five best reasons why it is the ideal solution for any business in Sri Lanka to move to Office 365. 1…
“It’s Not in the Stars” by Rizvina Morseth de Alwis was announced as the co-winner of the first-ever Fairway National Literary Award at the award ceremony held during the Fairway Galle Literary Festival in January 2016. The Fairway National Literary Award was established in conjunction with Fairway Holdings with the aim of inspiring and encouraging…
Newly released video shows the moment a Google self-driving car learned the hard way not to tussle with a public bus. The collision happened on Valentine’s Day, when a Google vehicle struck the side of a public bus in the Silicon Valley city of Mountain View. A Lexus SUV, which the company outfitted with sensors…
The Intel Internet of Things (IoT) is showing its transformative potential all around the world. Recently in Japan we brought together industry partners from across Asia to share and showcase the latest in IoT technology and solutions. We also showcased the analytics insights generated by all that technology. IoT is entering a ‘2.0’ era in…
Growing digital penetration is set to transform the lives of people in emerging economies, writes Prakash Mallya, Managing Director of Intel Southeast Asia Closing the digital divide in Southeast Asia is a goal that Intel has discussed for a long time. As we enter 2016, I am excited it is now becoming a reality. The…
Introduction of the latest electric car, the KIA Soul EV to the Sri Lankan market has been reportedly delayed. The main reason for this delay is the increased import levy imposed on electric cars through the 2016 Budget. On inquiry by Ada Derana Biz, the Managing Directorof KIA Motors Lanka Limited, Mahesh Thambiah had this…
SriLankan Airlines gained worldwide recognition for its pioneering efforts in environmental conservation when the prestigious Business Traveller magazine ranked it second among airlines in the Asia and Asia-Pacific region for having the lowest carbon footprint. The enormous region includes the Middle East, South Asia, the Far East and Asia-Pacific (Australasia), home to most of the…
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