Tech

Amana Takaful Wins Mobile App of the Year

Amana Takaful Insurance, recognized as Sri Lanka’s fastest-growing and most awarded insurance company, has won the prestigious Mobile App of the Year– Sri Lanka title at the Insurance Asia Awards 2024. The award, presented at the recent ceremony held at Marina Bay Sands in Singapore, underscores Amana Takaful’s commitment to advancing technology and enhancing customer

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Industry Analysis

AIA Sales Convention 2024 Honors Top Performers with Innovation

AIA Insurance recently hosted the AIA Sales Convention 2024 at Shangri-La Colombo, under the inspiring theme ‘WINGS UP – to fly beyond Everest’. The event celebrated the outstanding achievements of AIA’s top wealth planners in a setting filled with motivation and prestige. AIA CEO Chathuri Munaweera, Chief Agency Officer Chanaka Liyanage, the executive committee, and

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Industry Analysis

Thilak Piyadigama Appointed Chairman of WEBXPAY

WEBXPAY has announced the appointment of Thilak Piyadigama as its new Executive Chairman, marking a significant step forward in enhancing digital payment solutions in Sri Lanka. With over 30 years of expertise in banking and technology, Piyadigama brings a wealth of experience to his new role. Piyadigama is set to lead WEBXPAY into an era

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Industry Analysis

ALFT Packaging: South Asia’s Only Miraclon Lighthouse Project at Drupa 2024

ALFT Packaging, a leader in the flexible packaging sector, made a notable impact at Drupa 2024, the world’s largest trade fair for the printing and packaging industry held in Germany. Renowned for showcasing the latest in printing and packaging technologies, Drupa occurs every four years and attracts global industry leaders. At this year’s event, ALFT

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Technological Advancements

Softlogic Stockbrokers Upgrades StockGPT with Microsoft Azure OpenAI

Softlogic Stockbrokers, the full-service brokerage arm of Softlogic Capital PLC, has recently leveraged the power of Microsoft Azure OpenAI Service to introduce StockGPT, an innovative AI tool designed to empower the financial services sector. Microsoft Azure OpenAI Service is an advanced, fully managed service that enables developers to seamlessly integrate cutting-edge OpenAI models into their

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Business

Megakem Engineering Expands with New Showrooms and Launches Megalistic Super 540

Megakem Engineering Ltd. has marked a significant expansion by inaugurating two new showrooms under its “Megakem” brand. The newly opened showroom in Gampaha and the rebranded location in Rajagiriya are key milestones in the company’s growth strategy. In addition to the showroom openings, Megakem has unveiled its newly rebranded waterproofing solution, Megakem Megalistic Super 540.

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Business

Telco and Banking Leaders Partner to Boost SME Digital Transformation

In a landmark initiative to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, has signed a Memorandum of Understanding (MoU) with Commercial Bank of Ceylon PLC, GlobalLinker, and Databox Technologies. This collaboration, titled “Commercial Bank LEAP GlobalLinker,” is an innovative web solution designed

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Industry Analysis

NDB Collaborates with Sri Lanka Inventors Commission to Boost Innovation

National Development Bank PLC (NDB) has teamed up with the Sri Lanka Inventors Commission (SLIC) for the Sahasak Nimavum Project, a national competition celebrating Sri Lankan inventors and innovators. This partnership underscores NDB’s dedication to supporting emerging inventors and advancing the nation’s future. The Sahasak Nimavum Project invites students and adults from across Sri Lanka

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Entrepreneurship

SPARK 2024 Opens for Entries: Empowering Sri Lankan Youth Entrepreneurs

The SPARK Skilled Youth Entrepreneurship Competition has officially opened applications for its 2024 edition, inviting young individuals aged 15-30 years to participate. The competition, organized by the Ceylon Chamber of Commerce, offers a platform for aspiring entrepreneurs to develop their business ideas into viable ventures. SPARK is divided into two categories: the School Category and

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