May 30, 2022
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4min
        Smartphones have undoubtedly become a universal necessity, with the features and benefits they have to offer. With the advancing technology, the usage of artificial intelligence in smartphones promises to provide a personalized and tailor-made consumer experience. Cameras in smartphones have also progressed rapidly over the past few years that ‘camera quality’, […]

March 22, 2022
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3min
        Colombo, 22nd March 2022: Sysco LABS Sri Lanka, the captive innovation center for Sysco Corporation, the global leader in foodservice, hosted the second edition of its ‘PerfUp’ series recently, focusing on the role of Artificial Intelligence in driving Performance Engineering. The second PerfUp session shed light on the use of Artificial […]

February 3, 2022
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5min
        The nature of work is rapidly changing due to emerging technologies such as artificial intelligence and automation to name a few. This in turn has resulted in the skills that employers value to continuously change thereby leading to a “skills gap” that has developed in which employers struggle to hire appropriately trained workers. […]

January 26, 2022
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8min
        As we near the two-year mark of the ravenous coronavirus pandemic, it is positive to see that many businesses worldwide have stepped up to the challenge, adjusting their businesses both to safeguard their employees and to continue serving their customers. Even locally, many organisations believe that they have responded efficiently to […]

January 7, 2022
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6min
    Global artificial intelligence (AI) and algorithmic decisioning software company Algonomy announced its plans to acquire the business of Linear Squared (Pvt.) Ltd., a cloud-based technology company in Sri Lanka specializing in building demand planning and forecasting products. The acquisition is subject to corporate and regulatory approvals. This acquisition paves the way for both […]

February 19, 2020
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5min
Over the past few years, technologies such as blockchain have gained traction in the tech industry, and discussions have travelled into several fields. Blockchain holds a revolutionary promise to reshape industries across the border. For the insurance industry, such technologies hold the promise of explosive growth upwards of US$ 375 billion. Foreseeing its revolutionary potential, […]

March 18, 2019
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10min
The most important skills needed are quantitative, analytical and digital skills, adaptability and having a continuous learning mindset COLOMBO, Sri Lanka: Microsoft and IDC today announced the results of a survey where more than 1,600 business leaders and over 1,580 workers across 15 markets in Asia Pacific were asked about the impact of artificial intelligence […]

October 12, 2017
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3min
Carey Baptist College, more commonly known as Carey College is a school dedicated to delivering the best quality education to students through the practical nature. It is also the only Baptist school in Sri Lanka where one can experience diversity and multi-ethnicity at its prime. In today’s ever changing world of technological advancements, it’s a […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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