Infrastructure Archives

November 30, 2023

[Colombo, November 2023] – Sri Lanka’s stable and adaptive payment infrastructure offers insights to the resiliency of the country’s financial technology sector and demand for such services despite economic shocks. New analysis from Robocash observes the staggering surge of retail digital transactions, which doubled over the last two years, reaching a substantial […]

November 20, 2023

FitsAir, Sri Lanka’s first privately owned international airline, today announced its partnership with Mastercard involving integration with the Mastercard Payment Gateway Services (MPGS) platform to strengthen its payment infrastructure. Mastercard Payment Gateway Services platform enables merchants to accept both local and international payments, strengthening their ability to compete in the market. Through […]

November 20, 2023

The 5G Smart Factory Forum was held today at the Huawei European Supply Center (HESC) in Budapest. At the forum, Huawei stated that 5G-powered innovative solutions, including self-driving vehicles, AI-driven quality control, and AR-assisted remote maintenance, will serve as the typical applications and basic capabilities of future smart factories. To drive broad […]

October 3, 2023

Envisages Sri Lankan operation to double in size by 2026 to $200M Expresses confidence in Sri Lanka’s ability to deliver amidst economic headwinds Recognizes Sri Lanka’s workforce and innovative sustainable manufacturing processes as key strengths Earlier this year, global fashion infrastructure platform PDS Limited announced the unveiling of a centralized cutting […]

August 24, 2023

Global trend shifting towards homogenous and recyclable packaging materials Below are excerpts of an interview with B. Swaminathan, the CEO and President of Smart Expos & Fairs India (Pvt) Ltd, we delve into his perspectives on the transformative potential of Circular Economy and Sustainable Growth within Sri Lanka’s plastics industry. Swaminathan sheds […]

May 4, 2023

Service providers must be given golden opportunities to monetise infrastructure investment to further propel the country’s economic growth. Introduction of Independent and empowered mobile tower companies (TowerCos) could unlock nearly USD 1 Billion in foreign direct investment over the next five years and provide connectivity to five million under-connected Sri Lankans, opines […]

March 24, 2023

Understanding the importance of supporting Micro, Small, And Medium-Sized Enterprises (MSMEs) to drive growth and efficiencies, SLT-MOBITEL, the National ICT Solutions Provider is offering its Hosting Cub – Shared Web Hosting service catering to vital hosting requirements. SLT-MOBITEL provides hosting facilities for MSMEs with affordable pricing, easy expansion of MSMEs cyber presence […]

February 16, 2023

Asia Pacific Technology Systems (APTS) was recently awarded “CEO of the Year for Future Technology and Infrastructure” for its CEO, Mr. Namal Senaratna, at the prestigious CEO of the Year Awards 2022, held by CEO Magazine, Sri Lanka. Being one of the most sought-after awards in the Sri Lankan corporate community, this […]

September 19, 2022

Global narrow fabric provider for leading intimates, swimwear, and activewear brands uses Oracle Autonomous Database to boost real-time insights, increase agility, and achieve faster decision making. Colombo, Sri Lanka – September 13, 2022: Stretchline Holdings, the world’s largest manufacturer of the narrow elasticated fabric used by many of the world’s leading intimates, […]

August 5, 2022

Deal creates the world’s largest aviation services provider KUWAIT CITY, Kuwait, August 4, 2022/APO Group/ — Agility (www.Agility.com), a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC (www.MenziesAviation.com) and will combine the business with its National Aviation Services (NAS) (www.NAS.aero) […]

Sri Lanka’s Resilient Answer to Economic Crisis Unfolds through Fintech Triumph

FitsAir announces integration with Mastercard Payment Gateway Services to strengthen its payment infrastructure

Huawei Promotes Innovative 5G Solutions for Industry 4.0 Infrastructure to Help Digitalize Industrial Manufacturing

Global Fashion Infrastructure Platform PDS eyes further expansion in Sri Lanka’s Apparel Industry

“Government policy support, fiscal incentives, and infrastructure key to local production focus” – Swaminathan

Open doors for greater investment in telco infrastructure – EDOTCO

SLT-MOBITEL ‘Hosting Cub’ for MSMEs enables mission critical infrastructure and value-added hosting services

Namal Senaratna of APTS wins CEO of the Year Award

Stretchline Holdings Selects Oracle Cloud Infrastructure to Keep Up with Seasonal Trends and Meet Growing Customer Demand

Agility Completes £763 Million Acquisition of Menzies Aviation