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Tuesday, 01 August 2017 07:42

SAKS Analytics introduces Hard Data Science

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The scale and diversity of Sri Lanka’s economy makes it an ideal candidate for the deployment of advanced data analytics according to world renowned, Pakistani-born, data scientist and recently appointed Director at SAKS Analytics, Dr. Zeeshan-Ul-Hassan Usmani.

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Sri Lanka’s largest state owned retail store chain commenced its long awaited high tech journey on July 28. And the Minister in-charge says the step by step digital transformation is part of modernisation of the huge retail network.

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The Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Singapore, and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.

Saturday, 29 July 2017 08:47

People’s Bank goes digital

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People’s Bank achieves a unique milestone in its digitalisation drive with the opening of its fully fledged Digital Center by Prime Minister. Ranil Wickremesinghe at York Street, Colombo 1.

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The Project Finance Team of HNB’s Corporate Banking Division says there was a remarkable success of Wind Force (Pvt) Ltd in completion of their 10 MW Solar Power Project in Vavuniya under the name of Vydexa (Lanka) Power Corporation (Pvt) Ltd. The significant achievement in this project is the record breaking commissioning period of only 64 days.

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Qatar Airways yesterday announced that it would introduce a fourth daily non-stop service from Doha to Colombo from 1 August. In addition, two of the four daily flights will be serviced by the B777-300ER aircraft to accommodate the increased travel demand to and from Sri Lanka.

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The Minister of Public Enterprise Development Kabir Hashim has appointed Samantha Rajapaksa to the Board of Bank of Ceylon as a Non-Executive Director with effect from 25 July.

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Ministry of Science, Technology& Research is all set to introduce the technology of commercial Scale Solar cell manufacturing to Sri Lanka.

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Ministry of Science, Technology& Research is all set to introduce the technology of commercial Scale Solar cell manufacturing to Sri Lanka.

Wednesday, 26 July 2017 06:14

Parliament approves Foreign Exchange Bill

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Lawmakers yesterday passed the Foreign Exchange Bill 2017 with amendments.

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