September 4, 2024
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6min17
The impact of television on humanity cannot be overstated. Not too long ago, there was a time when interaction in the family home was based around the TV. Owning one was both a source of pride and a symbol of affluence. As picture quality technology improved, televisions played a major role in propelling the growth […]

July 21, 2024

7min29
When a Software Update Grounded the World: Lessons from the CrowdStrike Crisis and the Urgent Need for Cybersecurity Overhaul By Jithendra Antonio In the ever-evolving landscape of cybersecurity, the recent debacle involving CrowdStrike serves as a stark reminder of the fragility of our digital infrastructure. A seemingly innocuous software update spiraled into a global crisis, […]

June 11, 2024
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4min12
Colombo, Sri Lanka – June 8, 2024 – Evolza, the trailblazing company behind the CGASS AI Platform, a top-tier AI-powered enterprise software generation platform, announced Thareendra D. Kalpage as the new Non-Executive Chairman of its Board of Directors. This milestone underscores Evolza’s commitment to achieving new heights in technological advancement and success.     Thareendra […]

February 5, 2024
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3min11
In a move to foster the professional development of future leaders in the IT and BPM industry, SLASSCOM, the Sri Lanka Association of Software and Service Companies, proudly introduced its groundbreaking Professional Skills platform at several leading universities. The initiative aims to equip students with essential professional skills, enhancing their employability and readiness for the […]

October 23, 2023

4min3
      The Sri Lanka Association of Software and Services Companies (SLASSCOM) hosted its 7th Quality Summit recently.  With the theme “Quality Reimagined: Mastering the Next Wave of Evolution,” this summit inspired innovation, expanded knowledge, and explored the ever-changing landscape of quality engineering and assurance. Over the course of two days, the summit featured […]

September 4, 2023
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4min19
      Creative Software, a pioneer and leader in Sri Lanka’s software industry, launched ‘Spark In-Cube,’ a dedicated coworking space exclusively designed for university students. This initiative provides students with a vibrant and collaborative environment to conveniently carry out their project work, assignments, educational meetups and much more. Spark In-Cube, located in Creative Software’s […]

August 2, 2023
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5min9
      LankaPay was established in 2002, under the guidance and supervision of the Central Bank of Sri Lanka as the national payment network. Owned by the Central Bank and all licensed commercial banks in the country, LankaPay is regarded as one of the most successful Public Private Partnerships (PPP) in the region. With […]

July 27, 2023
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5min5
      Colombo, Sri Lanka, July 2023 – Gapstars – a B2B service provider helping innovative Dutch software companies grow rapidly with high-performing agile offshore development teams in Sri Lanka, hosted Sri Lanka’s first AI Day on June 30, 2023, at Gapstars HQ, Colombo. This groundbreaking event brought together members of the Gapstars community […]


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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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