99x commenced operations at its technology centre in Malaysia, as part of its global expansion strategy. The technology centre was recently recognized with the Malaysia Digital status by the Malaysia Digital Economy Corporation (MDEC) as a contributor towards the Malaysian digital ecosystem. 99x also intends to collaborate with leading tech universities to build digital product…
TOKYO, June 13 (Reuters) – Toyota Motor (7203.T) said it will introduce battery electric vehicles (EVs) employing next-generation batteries globally from 2026, developed and manufactured by its new EV-focused unit BEV Factory. The Japanese automaker also said it is developing a method for mass production of solid-state batteries for its EVs, aiming for commercialisation of the technology in 2027-2028….
– For 2023/2024, LAN will focus on strengthening its investor network locally and globally in order to increase cross border investments that will help accelerate its startups The Lankan Angel Network (LAN), the country’s largest network of angel investors, has elected serial investor and entrepreneur Mr. Prajeeth Balasubramaniam as the Chairperson of its board for…
OREL IT, Sri Lanka’s leading IT exporter, is once again making big waves with OREL Cloud—the nation’s largest Single Technology Cloud Stack, empowering businesses to unleash their full potential. OREL Cloud operates on a pay-as-you-go model, allowing businesses to avoid upfront infrastructure costs. It eliminates the need for purchasing and maintaining hardware, reducing expenses associated…
Sri Lanka Tourism Promotion Bureau made it ‘s valuable contribution at the Guangzhou International Travel Fair (GITF 2023 ) Especially as the partner country this time , also being able to gain a lot of benefits , opportunities , and a large number of branding opportunities and promotion . The GITF was held from 19th…
Questions the timing, given the current climate of decline in exports. Abolishing of SVAT is revenue neutral to the Government. Urges Govt to shield the sector from needless internal shocks. The Joint Apparel Association Forum (JAAF) hereby expresses its deep concern and disappointment regarding the recent decision to end the long and well-functioning Simplified Value…
President Ranil Wickremesinghe emphasized that the standards of the Sri Lankan universities were high on the list of Asian universities. The standard and reputation of the universities should be restored and improved once again in the country’s university system to attract students overseas. This would also help to improve the development of the country’s economy….
A recent nationally representative survey by LIRNEasia, a regional think tank, showed that worryingly, 33% of households in Sri Lanka reduced their food consumption in the 7 days prior to survey implementation due to the economic crisis. Further, in 27% of households, adults restricted their food consumption to allow their children to eat. Dharshani (name…
The Embassy and Permanent Mission of Sri Lanka together with Aitken Spence Travels promoted Sri Lanka as a unique tourist destination to 20 leading tours operators in Austria at the Embassy on 6 June 2023. Delivering the welcome remarks, Ambassador and Permanent Representative of Sri Lanka Majintha Jayesinghe highlighted the distinctive splendors of Sri Lanka….
The Hambantota International Port (HIP) will be entering the tourism mix of Indian cruise ships with an agreement of 13 ship calls to the port between June and September this year. “We are positioning the port to several categories of cruise ships from luxury liners to all inclusive, budget and low budget carriers. With a…
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