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When is the best time to hire a dedicated software development team?

Srilanka, Aug. 7 -- Dedicated development teams have recently gained much popularity, as they enable businesses to enjoy all the benefits that a software outsourcing company typically offers - while w... Read More


Hemas Sustains Q1 Revenue Amid Market Volatility; Sharpens Focus on Margin Recovery

Srilanka, Aug. 6 -- Hemas delivered revenue growth of 0.9% YoY to Rs. 28.77 Bn in Q1 FY27, supported by growth in Consumer Brands, Hospitals and Mobility. Gross profit margin improved to 30.4%, demons... Read More


Applications Open for CSSL National ICT Awards 2025

Srilanka, Aug. 5 -- The Computer Society of Sri Lanka (CSSL) has officially called for applications for the prestigious CSSL National ICT Awards 2025, one of the country's flagship platforms celebrati... Read More


EDB, IFC & European Union Launch Third ExpoScaleUp Cohort to Boost Sri Lanka's SME Export Competitiveness

Srilanka, Aug. 5 -- The Sri Lanka Export Development Board (EDB), in partnership with the International Finance Corporation (IFC) and with the support of the European Union (EU) under the "Acceleratin... Read More


Cabinet Approves $200 Mn ADB Loan for Trade, Investment, and Industrial Development

Srilanka, Aug. 4 -- The Cabinet of Ministers has approved a proposal submitted by President Anura Kumara Dissanayake, in his capacity as the Minister of Finance, Planning and Economic Development, to ... Read More


Cabinet Approves Amendments to Modernize Sri Lanka's EPF Act

Srilanka, Aug. 4 -- Sri Lanka's Cabinet of Ministers has approved a proposal to instruct the Legal Draftsman to draft legislation amending the Employees Provident Fund (EPF) Act No. 15 of 1958. The p... Read More


EDB expects to reach record-breaking $19 bn export revenue by end 2026, says Chairman Mangala Wijesinghe

Srilanka, Aug. 3 -- The 47th anniversary of the Sri Lanka Export Development Board (EDB) fell on August 1st. In a commemorative ceremony held today, the Chairman and Chief Executive Officer of the EDB... Read More


Sri Lanka's inflation climbs to 7.3% in July, highest since early 2025

Srilanka, Aug. 3 -- Sri Lanka's headline inflation picked up pace in July, with the Colombo Consumer Price Index (CCPI) rising to 7.3% year-on-year, up from 6.8% in June, according to Central Bank dat... Read More


Opinion: Will the "tax shock" kill Sri Lankan economy?

Srilanka, July 21 -- "Current IMF backed tax policy framework likely to slowdown economic growth and increase poverty." Under the latest IMF extended fund facility program, Sri Lanka has achieved sub... Read More


Raising the bar: Clinical governance, transparency and innovation in Sri Lanka's private healthcare sector

Srilanka, July 21 -- Sri Lanka's public healthcare system carries an enormous load. Hospitals are stretched, waiting lists are long, and the demand for specialist care continues to grow. It is within ... Read More