Telairity Encoders and Integrated Receiver Decoders (IRDs) selected for multi-city video network deployed over Sri Lanka Telecom’s “Next Generation” IP Network U.S.-based Telairity, Inc., the broadcast industry leader in H.264/MPEG4 encoding technology, in partnership with systems integrator Mitter International Pvt. Ltd., has announced another milestone in providing encoding technology equipment to countries in the Asia-Pacific…
Elon Musk’s big bond purchase should give his investors and Tesla shareholders pause The raging bond bull market evidently has its limits. That is a problem for SolarCity, and quite possibly Tesla Motors shareholders. SolarCity said Tuesday afternoon that Chairman Elon Musk, Chief Executive Lyndon Rive and technology chief Peter Rive would together purchase more…
Reuters – Aug 24 Sri Lankan shares ended weaker on Wednesday, slipping from their highest close in more than three-months posted in the previous session, due to month-end settlements, brokers said. Analysts said turnover was higher on expectations of better economic performance after the government said it would achieve its revenue target for this year….
Sri Lanka pavilion at the ‘Artisan Resource at NY NOW 2016’ trade fair was opened by Dr. Rohan Perera, Ambassador and Permanent Representative of Sri Lanka to the United Nations, New York on 21st August 2016 at the Jacob Javits Center, New York. The trade fair is held from 21st to 24th August 2016 and…
The Ceylon Chamber of Commerce will conduct a seminar titled “Free Trade Agreements: What to Look out for and How to Benefit from Them,’ in a bid to help create awareness among its the business community. The seminar, which is held under the Chamber’s newly launched ‘Trade Intelligence Platform,’ will take place on the 19th…
Jacqueline Fernandez turned restaurateur two years ago, when she teamed up with chef Dharshan Munidasa to open an eatery called Kaema Sutra in Colombo, Sri Lanka. The actor is now contemplating expanding her restaurant business. A source says, “Jacqueline spends most of her time in India due to her acting assignments. So, she feels it…
States that continuing to resist the revision of the present archaic attendance-based wage as losses increase, without any other viable alternative, is putting the industry in peril Amidst mounting and huge losses in both tea and rubber brought about by rapidly falling commodity prices, crop losses due to abnormal weather, the resultant high cost of…
In an effort to strengthen the Group’s dynamic expansion and consolidation program with industry’s outstanding young professionals joining the top management, George Steuart and Company Limited, one of the fastest expanding conglomerates in Sri Lanka, recently announced the appointment of Mr. Paddy Weerasekera as the Chief Executive Officer of the groups’ Consumer Sector. Mr. Weerasekera…
Reuters – Aug 23 Sri Lankan shares ended marginally higher on Tuesday and posted their highest close in three months, led by financials while turnover hit a 4-1/2-month high on expectations of better economic performance after the government said it would achieve its revenue target for this year. Tax revenue in the first seven months…
Reuters – Aug 23 Euro zone private business activity was stable in August, albeit at a muted level, but factories possibly face a tougher September as new order growth stumbled, a survey showed on Tuesday. Muddying the outlook for the coming months is the United Kingdom’s vote in late June to leave the European Union,…
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