The Sri Lanka Association for Software Services Companies (SLASSCOM) has implemented a range of developmental and educational initiatives to promote the growth of Sri Lanka’s IT/BPM industry and establish a $5 billion export-based ecosystem. One such initiative involves partnering with universities across the country to promote career opportunities in the IT&BPM industry for graduates, enhance…
Huawei released its 2022 Annual Report today. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, representing 25.1% of the company’s annual revenue and bringing its total R&D expenditure…
(BBC) – The New York Times has lost its blue tick on Twitter after it said it would not pay to remain verified. Twitter has started removing verification badges from accounts which already had a blue tick, after announcing they would be part of a paid subscription from 1 April. The New York Times, along…
(Reuters) – Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported on Sunday. In an internal email last week to U.S. employees and some international staff, McDonald’s asked them to…
(BBC) – Italy has become the first Western country to block advanced chatbot ChatGPT. The Italian data-protection authority said there were privacy concerns relating to the model, which was created by US start-up OpenAI and is backed by Microsoft. The regulator said it would ban and investigate OpenAI “with immediate effect”. OpenAI told the BBC…
By Prof Samitha Hettige Great China had so many natural resources. Thus the colonial powers didn’t want to let go China. If an opportunity is given again, USA would be the first to go & set camp. President of Ghana indirectly said that recently to the face of Vice President Harris during her visit to…
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) decreased to 50.3% in March 2023 from 50.6% in February 2023. The decline in the headline inflation is broadly in line with the disinflation path envisaged by the Central Bank of Sri Lanka (CBSL) in 2023. The Food…
Veteran Captain Uthpala Kumarasinghe bows out after a stellar 40-year career at SriLankan Airlines, piloting a final flight with his son First Officer Rahal Kumarasinghe at his side. SriLankan Airlines expressed its gratitude to Captain Kumarasinghe for his outstanding long service to the company with a ceremonial water cannon salute as his final flight, UL…
Emirates customers to have access to more than 150 U.S. cities through Chicago, Houston and San Francisco while enjoying codeshare benefits for flights on United; expanded domestic U.S. network coverage to complement Emirates’ network of 12 points across the U.S, which the airline operates to from its Dubai-based hub Enhanced customer offering implemented with the issuance…
The inaugural conference was convened on the 27th of March, sponsored by International Consultants, Chairman, Mr. Ranjiv Goonawardena, in collaboration with the Sri Lanka Export Development Board and the Sri Lankan High Commission in Pretoria. The conference was oversubscribed and a number of companies were unable to participate due to the overwhelming demand to register….
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