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Young inventor, engineer, Al expert share his “secret formula” for success

The head of Augmented Human Lab and Associate Professor at Auckland Bioengineering Institute, Prof. Suranga Nanayakkara, believes that a strong visionary leadership is vital to achieve long-term success. “Stayed in Singapore for 20 years, seen how the country has been developing I think all what is needed is a strong leadership and then we rally…

(0)Comments | September 10, 2019 6:03 pm

Prestigious Accolades for Triad, Globally and Locally!

Triad’s local insight wins Silver at globally renowned AD STARS 2019, while being locally recognized by LMD as the most respected ad agency in the country. Triad has been recognized at AD STARS Awards 2019 with a coveted Silver award for its Life Chant campaign, which was launched in partnership with the Public Health Department…

(0)Comments | September 10, 2019 3:46 pm

Japanese investor to begin manufacturing flexible packaging for Sri Lankan Tea Industry

The Board of Investment of Sri Lanka signed an Agreement with Sugano Packing Materials Co., Ltd., a Japanese Company to establish a plant that will be manufacturing flexible packaging that will be utilized by, among other sectors, the local Tea industry. The packaging produced in Ja-Ela, Sri Lanka would be mainly flat bottomed bags. The…

(0)Comments | September 10, 2019 10:37 am

Jack Ma: Alibaba begins new era as founder departs

BBC – Alibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for the firm. The former English teacher co-founded Alibaba in 1999 and it has become one of the world’s biggest internet firms. Mr Ma’s success and colourful style has made him one…

(0)Comments | September 10, 2019 10:27 am

Sri Lankan rupee recovers from 7-month closing low; stocks rise

(Reuters) – ** Sri Lanka’s rupee closed higher on Monday from its lowest level in more than seven months hit in the previous session after foreign fund outflows from government securities showed a declining trend, while stocks rose for the first time in four sessions. ** The rupee ended 0.2% firmer at 180.40/60 per dollar,…

(0)Comments | September 10, 2019 9:47 am

Sri Lanka’s Casino Mogul Ravi Wijeratne to foray into Construction via buying troubled MTD Walkers

Sri Lanka’s one of the two Casino Moguls that had dominated the Gaming Industry for over 30 years in the island, Ravi Wijeratne, Chairman-owner of conglomerate Rank Holdings, who operates a port, builds real estate, handles waste-reclamation and is building hydro and wind energy plants will soon foray into mega scale booming construction industry in…

(0)Comments | September 9, 2019 3:54 pm

Galleon’s Raj Rajaratnam Is Released From Prison Two Years Early

Bloomberg – Raj Rajaratnam, the mastermind of what prosecutors said was one of the largest hedge-fund insider-trading rings in U.S. history, is out of prison — almost two years early. And he’s been out for more than six weeks. Rajaratnam, whose Galleon Group LLC once managed more than $7 billion, has been living with his family on a…

(0)Comments | September 9, 2019 3:07 pm

CSE and SEC Continues to Empower Regional Entrepreneurs

First ever event in the Northern Province Keen interest by entrepreneurs in Matara Upcoming events in Polonnaruwa and Batticaloa Regional companies actively considering listing on the Empower Board The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) have continued to engage regional entrepreneurs through a series of events presenting…

(0)Comments | September 9, 2019 2:17 pm

Foreign Direct Investment should be encouraged strategically – GR

Sri Lanka Podujana Peramuna (SLPP) presidential candidate Gotabhaya Rajapaksa yesterday (08) gave a comprehensive outline of his blueprint to develop Sri Lanka and Focused on areas beyond national security which will fast track the countries development process. Addressing the annual convention of the Viyathmaga organization, under the title ‘Actioning the Blueprint’ Rajapaksa emphasized the importance…

(0)Comments | September 9, 2019 12:42 pm

Sri Lanka official reserves increase to US $ 8.5 bn  in August 2019

Sri Lanka’s gross official reserves grew by US $185.54 million by the end of August 2019 up to US $ 8,532.6 million, latest Central Bank data showed. In July 2019, the gross official reserve were estimated at US $8,347.06. Meanwhile, by the end of August, foreign currency reserves were 7,494.7 million dollars while the reserve…

(0)Comments | September 9, 2019 12:22 pm