89% of IT Leaders worry GenAI flaws could negatively impact their organization’s cybersecurity strategies: Sophos
Sophos, a global leader of innovative security solutions for defeating cyberattacks today released a new report, “Beyond the Hype: The Businesses Reality of AI for Cybersecurity,” which surveyed 400 IT leaders on their use of AI in security. The survey found that, despite 65% having adopted generative artificial intelligence (GenAI capabilities), 89% of IT leaders […]
Softlogic Life at 31.6 Billion GWP in 2024, marks 10times growth in 10years
Demonstrating exceptional and consistent growth with market leading metrics including the largest customer base, Softlogic Life recorded a stellar financial performance in 2024. The company, which marked a Gross Written Premium (GWP) of just Rs. 3 billion in 2014, achieved a GWP of Rs. 31.6 billion by December 31, 2024, growing 10 times in 10 […]
MAS named Exporter of the Year at 26th Annual Presidential Export Awards
Total of 7 awards including Exporter of the Year, Net Foreign Exchange Earner of the Year Recognised for contributions to sustainable exports, product and market diversification Global apparel-tech conglomerate MAS Holdings has once again secured multiple top awards including the coveted Exporter of the Year, at the 26th Presidential Export Awards for 2023/24. The prestigious […]
99x to Drive QA Innovation Across Borders at Quality Week 2025
Quality Week 2025, organised by 99x through its Colombo Quality Camp initiative, is set to bring together Quality Assurance professionals, industry experts, and thought leaders for an engaging and insightful five-day virtual conference from February 17th to 21st, 2025 running daily from 5.00pm to 6.30pm. As the world of quality assurance evolves faster than ever, […]
Strong healthcare sector performance in 9MFY25 boosts Sunshine Holdings’ revenue to LKR 45.2 billion
Consolidated revenue of LKR 45.2 billion, up by 6.7% Healthcare revenue up 17.8% YoY to LKR 24.8 billion Consumer Brands recorded a revenue of LKR 14.4 billion, down 3.1% YoY February 10, 2025: Diversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of LKR 45.2 billion for the nine months ending 31 December 2024 […]
Samsung Sri Lanka unveils the Galaxy S25 Series, the ‘True AI Companion’, with Exclusive Launch Offers
February 11, 2025: Samsung Sri Lanka has officially launched the highly anticipated Galaxy S25 Ultra, Galaxy S25+, and Galaxy S25, setting a new benchmark in AI-driven mobile experiences. The Galaxy S25 series introduces groundbreaking multimodal AI agents, redefining how users interact with their devices and the world around them. Powered by the customized Snapdragon® 8 […]
FitsAir Expands Dhaka Operations with Additional Weekly Flights
FitsAir, Sri Lanka’s leading low-cost airline, is pleased to announce the expansion of its Colombo-Dhaka service with the addition of two new weekly flights. Previously operating three times a week, the enhanced schedule will now offer five weekly flights, providing passengers with greater travel flexibility and convenience. The additional flights will operate from February 15 […]
Jaffna’s 3axislabs surpasses 100,000 global users with MindMap AI
– Records LKR 60 Mln in revenues by end-2024 – Pivots to AI-powered diagramming for future growth Jaffna-based 3axislabs is expanding its Sri Lankan operations to meet growing international demand for its services. Having successfully delivered almost 50 projects to date, for clients in the USA, UK, Canada, Australia, Switzerland, Finland and other countries, the […]
Sri Lanka’s Apparel industry charts a course for growth at the 42nd SLAEA AGM
The Sri Lanka Apparel Exporters Association (SLAEA) held its 42nd Annual General Meeting, reaffirming its commitment to driving the industry forward amid evolving global challenges. Rajitha Jayasuriya officially assumed the role of Chairperson, pledging to strengthen Sri Lanka’s position as a trusted, ethical, and innovative apparel sourcing destination. The other incoming office bearers appointed on […]
Through the Lens of TikTok, the World Sees the United, Beautiful Land of Sri Lanka
For 77 years, this island has stood as a testament to resilience, diversity, and heritage. Across generations, traditions have been preserved, cultures have intertwined, and identities have been shaped by the rhythms of the land and the voices of its people. Today, in an era defined by technology, Sri Lanka’s story is being told in […]
