June 30, 2023

3min6
      Colombo, Sri Lanka – June 30, 2023 – The Microsoft APAC AI for Accessibility Hackathon 2023 successfully concluded at Sri Lanka Institute of Information Technology (SLIIT) University recently. Recognized as a platform for young developers to create solutions harnessing AI to solve real-world challenges faced by people with disabilities (PwD), Microsoft APAC […]

June 29, 2023

6min18
      SINGAPORE – Media OutReach – 28 June 2023 – The Microsoft AI for Accessibility (AI4A) Hackathon 2023 is an annual event for teams in Asia Pacific to tackle problem statements and build solutions for a more inclusive and accessible society. In 2023, 119 teams of undergraduates from universities in Indonesia, Malaysia, Philippines, […]

June 14, 2023
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5min5
      Can a thirty-year-old IT solution provider for the manufacturing industry be relevant in the age of AI? Kingslake, Sri Lanka’s leading manufacturing solutions experts, is harnessing its strong industry acumen and experience in advanced algorithms and AI technology to help manufacturers stay competitive through its mission-critical software solutions. “At Kingslake, we harness […]

June 7, 2023
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8min3
      Colombo, 7th June 2023: Sri Lanka’s 2nd largest life insurer Softlogic Life launched Sri Lanka’s first artificial intelligence (AI) TV commercial, recreating four of the most iconic music legends of the country; H.R.Jothipala, Milton Mallawarachchi, Clarence Wijewardena and Sunil Perera using “deepfake” technology. The creative campaign, which shows the four artists performing […]

April 10, 2023
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3min5
To enhance safety and security for Sri Lankans, Hayleys Fentons, in partnership with Bosch as their authorized sales partner, proudly launched a cutting-edge workshop on March 7th, 2023, focused on “AI for video surveillance”. The workshop educated participants on the importance of AI in enhancing security measures and the latest advancements in video surveillance. In […]

February 14, 2023
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8min4
      AI, business messaging, cross-border shopping, virtual and augmented reality, creators, online shopping, and short-form video. Meta’s APAC VP looks at what should brands focus on this year. 14th February 2022 – Colombo, Sri Lanka: I usually start the year by sharing what I know with businesses about the social media trends intersecting […]

January 30, 2023

5min5
      Contributing to sustainable food production, and helping to increase agriculture efficiency and productivity, SLT-MOBITEL Enterprise, is empowering farmers by introducing the Fazenda Smart Agro solution integrating IoT & AI-based technology to Sri Lankan farming. Developed by SLT-MOBITEL Enterprise The smart farming solution caters to macro- to large-scale farms and is currently launched […]

January 27, 2023

6min7
  COLOMBO, Sri Lanka – January 27th, 2022 – Large language models are quickly becoming an essential platform for people to innovate, apply AI to solve big problems, and imagine what is possible. As part of a continued commitment to democratizing AI, and the ongoing partnership with OpenAI, Microsoft announced the general availability of Azure […]

November 1, 2022
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6min12
      Most people are not very familiar with the concept of artificial intelligence (AI). As an illustration, when 1,500 senior business leaders in the United States in 2017 were asked about AI, only 17 percent said they were familiar with it. A number of them were not sure what it was or how […]


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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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