May 16, 2025
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5min19
Kaspersky reports that by the end of 2024 a total of 14,000 malicious packages were found in open-source projects, a 50% increase compared to the end of 2023. 42 million versions of open-source packages have been examined by Kaspersky throughout 2024 in search for vulnerabilities. Open-source is software with source code that anyone can inspect, […]

May 7, 2025
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3min21
Rootcode, a global software product engineering company, has announced its latest European government partnership with the City of Porto, Portugal. This partnership focuses on developing an innovative AI-driven crop health management mobile app and custom-designed hardware. The solution aims to help small-scale farmers and community gardeners in Porto adapt their farming practices to the effects […]

April 3, 2025
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4min20
SLIIT’s Faculty of Computing successfully hosted its flagship national software competition, CODEFEST 2024, on January 24th at the SLIIT premises. Now in its thirteenth consecutive year, the event attracted over 4,000 participants from across the country, reaffirming its status as Sri Lanka’s premier platform for nurturing coding talent and capacity building in technology. The competition […]

March 18, 2025
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5min49
The Sri Lanka Association for Software Services Companies (SLASSCOM), in collaboration with the Sri Lankan government, made a powerful statement at the NASSCOM Technology and Leadership Forum (NTLF) 2025 in Mumbai, India, taking center stage to highlight Sri Lanka’s rising prominence as a global innovation hub, underscoring the nation’s strategic position as a preferred destination […]

March 10, 2025
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4min23
Rootcode, a global leader in software product engineering, is proud to announce the appointment of Mats Hultin to its Board of Directors. With over two decades of executive leadership, Hultin’s appointment marks a key milestone in Rootcode’s journey toward continuous global expansion and transformative digital growth. Currently, Hultin serves as the Chief Information Officer (CIO) […]

February 21, 2025
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3min18
Retail IT (Pvt) Ltd, a trusted leader in POS hardware and software solutions for over 30 years, recently hosted the landmark Retail Technology Trends 2025 event at the Water’s Edge Hotel. The event brought together over 150 professionals from industries such as supermarkets, hospitality, apparel, and bookstores, offering an exciting look at how technology is […]

February 20, 2025
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5min34
Deputy Minister of Digital Economy Erange Weerartne to attend Dr. Hans Wijayasuriya to Share His Expertise, Positioning Sri Lanka as a Leading Tech Hub The Sri Lanka Association for Software Services Companies (SLASSCOM) has announced its participation at the NASSCOM Technology and Leadership Forum (NTLF) 2025, set to take place in Mumbai, India, from February […]

February 5, 2025
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3min66
Retail IT (Pvt) Ltd, a trusted leader in POS hardware and software solutions for over 30 years, recently hosted the landmark Retail Technology Trends 2025 event at the Water’s Edge Hotel. The event brought together over 150 professionals from industries such as supermarkets, hospitality, apparel, and bookstores, offering an exciting look at how technology is […]

November 11, 2024
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5min16
The First South African-Based Fintech Company to Achieve PCI SSF SSS Compliance Certification In today’s dynamic digital economy, trust and security are non-negotiable—especially in payment solutions. Traderoot Technologies proudly stands at the forefront, having become the first South African-based fintech software company to achieve the prestigious PCI Software Security Framework (SSF) Compliance Certification. This groundbreaking […]


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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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