Recent Blogs Posts

The overall success of the VentureEngine, which was released only last year, was in no other words phenomenal. The program involved 9 existing businesses, and 7 newly launched companies, who were awarded a level of funding to help support their financial need. Out of a staggering 70 applications these fortunate companies were given a level of funding worth Rs. 100 million. Venture Engine was launched on 7th,Tuesday,2012, with the goal of providing more companies with the support they need to excel. ...

NDB bank had great success with the launch of their international syndication loan for a 50 million dollar price tag. This is an incredible outcome for a new borrower from Sri Lanka who has delved into international markets. NDB made history when it became the first ever bank that broke the twelve month price and tenure into an eighteen month act.

A large number of Asian and Middle Eastern Banks were extremely interested in the transaction. HSBC played the role of bookrunner and took ...

Tags: 50 million, arrangements, hsbc, leads, loan, ndb’s, syndication, world

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Finance , Banking

The inaugural meeting of Hambantota District Women Entrepreneurs’ Forum was held in June 2012 with the participation of 66 women entrepreneurs. The idea for the forum came about after Hambantota District Chamber of Commerce (HDCC) carried out capacity-building workshops with women entrepreneurs in the district. In 2011, HDCC and the USAID Supporting Regional Governance Program (SuRG) set in motion a project to promote Entrepreneurship and Empowering Women in Hambantota District, with support from ...

Tags: debuts, district, entrepreneurs, forum, hambantota, women

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Events

Social media can be a powerful tool. In the right hand, it can propel any business to the top. With the right strategies, a company might see a significant increase in sales within a short period of time. With the right management, a company might gain more popularity from the public.

But this is the good side of social media. Just as social media can build you up it can also completely destroy you. Be very careful in the use of social media. We are not trying to talk you out of it. ...

Tags: business, increase, media, social, tips

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Social Media

What is the difference between Sri Lanka and India? These countries are diverse but they have many similarities (not least their economic ties). A respected envoy to Colombo has recently expressed the view that time is running out for the two countries to strengthen their economic ties. India has expressed a willingness to offer certain concessions but accuses the other partner of stalling. Other regions and countries are moving in quickly to cover this gap. These are the critical issues:
...

Tags: colombo, sri lanka, sri lanka economy

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News , Society , Business

The IT industry in Sri Lanka is poised for growth which is increasing geometrically. With the end of the civil war and the reign of peace in the Island nation, IT sector was bracketed as one sector which has immense potential. The nation is gifted with a high literacy and being a part of the commonwealth, has a high percentage of the population conversant in English. All this makes it an ideal location for the growth and development of the IT sector.

The IT industry comes within the ...

Tags: it industry in sri lanka, it sector

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Computers , Technology

Ever since 1984, Sri Lanka Business Development Center has been providing vital inputs to the small and medium sized industry in the nation. However, the contributions of BDC have been particularly laudable since the dawn of the new millennium. Right from 1999, the Business Development Center has made a difference to as many as 25,000 small and medium sized enterprises in Sri Lanka, and this has been ably supported by International Finance Corporation (IFC), the private sector business development ...

Tags: bdc, enterpreneurship, lanka, sme, training

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Business , News

Not so good years for the Sri Lankan IT industry as many big game players were evolving in a huge way. It has to be accepted that the government is trying every possible move to get the maximum out of IT and support the same. Cisco Systems, a well known IT product provider and a leading service provider in the world has planned to help the Small and Medium Businesses (SMB) in Sri Lanka to improve IT. Cisco has planned to introduce affordable IT solutions thereby helping the SMB’s present across ...

Updated 07-16-2012 at 12:15 AM by praveen14 (Source)

Tags: amit malik, cisco system, it industry, it sector, sri lanka, technology

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News , Technology

Today, having a website is essential for doing business. But it is risky when somebody attacks the website and these attacks happen due to lack of security. Here in Srilanka, There are so many websites handled by individuals and corporate companies. But webmasters and users don't have proper website Security knowledge . Due to this security issue TechCERT is a division of LK Domain Registry and has its origins in a pioneering project of the LK Domain Registry with academic partners to provide computer ...

Tags: domain registry, enthusiast, nic, security audit, security vulnerability, techcert, technology

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Technology , Service

Sri Lanka’s ‘Knowledge Hub’, one of the five power centers introduced in the “Mahinda Chintana – Vision for the Future”, is the Government’s policy statement for the development of the whole of Sri Lanka. Because most of the Sri Lankan government agencies are still in the early stages of e-government and most of the top management and Chief Innovation Officers of those organizations are moving up the curve in e-Government activities implementation, they need to strive ...

Tags: futuregov, icta, saarc, srilanka

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News , Society