Foursquare’s Swarm is bringing back stickers and mayorships Image taken from http://www.imore.com In the beginning, there was foursquare. And it was good. Then came Swarm. And it was confusing. You basically had two apps doing the work of one. With the original Foursquare, you could check in to places. This earned you badges and if you check into the same place on several occasions, and you’re lucky enough, you ...

Arjunan Mahendran and Central Bank Loss Costs LKR 12.5 Billion The whole Arjuna Mahendran Central Bank Fiasco explained very simply.Bottom line one is a minimum of LKR 12.5 billion lost to the country.Bottom Line two, no law has been broken, the beauty of high finance white collar crime.The Numbers:a) 1 billion was needed to roll over expiring bonds.b) Expected Interest Rate was 9.5% c) Instead 10 billion was accepted at ...

Yes, I visited a ghost city! A forty minute flight from Yangon in Myanmar took me to a place I would never imagine existed, until I saw it with my own eyes. Hambantota, our famous sanctuary for white elephants, simply pales in comparison to Nay Pyi Taw, a city the Myanmar Government built as its administrative capital, ten plus years ago. “We didn’t have a ...

Nokia Plans To Make Devices Again In 2016 Image taken from http://www.bizjournals.com According to news sources such as Re/code, Nokia is on the look out to reenter the market in 2016. The world’s once-largest mobile manufacturer apparently has business model in mind similar to what was planned for the release of the Nokia N1 tablet, which was essentially a brand licensing agreement with Foxconn. Foxconn would manufacture, distribute ...

The Central Bank Bond Controversy Revisited By Sam Samarasinghe and Dushyantha Mendis The Ministry of Policy Planning and Economic Affairs has on April 19 issued a press release announcing some findings of the three-member committee that Prime Minister Ranil Wickramasinghe appointed “to look into matters related to the 30-year bond issued on February 27” (PM’s special statement to Parliament, 17th March). The “findings,” however, instead ...

Zomato Acquires US Startup NexTable: Now Offers Table Reservations Image taken from http://www.technewstoday.com It seems Zomato has a seemingly unquenchable hunger. Just a week prior to raising a round valuing it at more than $1 billion and acquiring MaplePOS, a point-of-sale startup, they have made yet another acquisition. NexTable, a U.S.based company specializing in restaurant reservations and table-management platform, competing with the likes of Priceline’s OpenTable and SeatMe from ...

A Port City or a Garden City for Colombo? The call for full transparency regarding the negotiations that led to the Port City must be provided to the public, however the deliberations and resolution at a political level will take a ponderously slow pace. The information that is now before us, suggest that the entire ‘Port City’ project, was done on the whims and personal interests of certain ...

In our work on agricultural supply chains, we looked at how small holders could participate in export value chains because these were the most difficult cases and also where the money was. At least at the beginning of the adoption process, the greatest demand for ICT based innovation is likely to come from these supply chains. Air freight services are ...

Nokia To Buy Alcatel-Lucent For $16.6 Billion Nokia is in the news again. The Finnish company recently announced that they intend on acquiring Alcatel-Lucent for $16.6 billion. The merger would create jobs for more than 100,000 employees and almost $27.7 billion in revenue, rivaling Ericsson. The new company is expected to keep the Nokia brand, but will also keep Alcatel-Lucent’s Bell Labs name for its R&D ...

MilleniumIT, the Malabe-based stock exchange specialists, announced recently that the Aequitas NEO Exchange in Cananda has completed the switch to MilleniumIT’s solutions. The switch to live followed an implementation period of under a year. Aequitas is a fairly new stock exchange to Canada, and its ocus on high-frequency trading was something of a disruption when it launched.  “The task we set ...

Does Working At Home Actually Work? A couple of says ago, Regus (the famous workspace company) did some research involving over 44,000 people and 100 companies, and they apparently realized that 61% of people actually had a home office. Given Sri Lanka’s baby steps towards letting people work from home, it made for an interesting read. Nevertheless, Regus concluded that working at home was actually bad for ...

Huawei’s Got Some Discounts For Avurudu Huawei, whose Mate 7 we reviewed some time, ago, may not be a popular brand of smartphones here in Colombo, but it looks like they’re growing pretty fast: IDC recently ranked them as the number two smartphone brand with some 18% market share in Sri Lanka. In any case, they tell us that they’ve got some special discounts planned for ...

Microsoft to offer $16M and Azure support for 100 Chinese startups Microsoft China, announced last Wednesday, announced some really good news for 100 lucky Chinese tech startups. As a result, they are promising $16 million USD in cloud services and support for said 100 Chinese startups. In addition, Microsoft reportedly is also partnering with Northern Light Venture Capital, DCM, and Gobi Partners in order to offer financial investments in addition ...

Web User Login Form වල validation part එක තමයි ගොඩක්ම වැදගත්. Validation එකේ තියන functionalities අනුව Application එකේ හෝ site එකේ user Friendliness එක measure වෙන්නේ. මේ පොස්ට් එකේ විස්තර වෙන්නේ මේ වගේ featured password field එකක් හදාගන්න විදිය. web … Continue reading → ...

Web User Login Form වල validation part එක තමයි ගොඩක්ම වැදගත්. Validation එකේ තියන functionalities අනුව Application එකේ හෝ site එකේ user Friendliness එක measure වෙන්නේ. මේ පොස්ට් එකේ විස්තර වෙන්නේ මේ වගේ featured password field එකක් හදාගන්න විදිය. web … Continue reading → ...

Venture Engine Kicks Off in 2015 with Rs. 500 Million Blue Ocean Ventures and the Indian Angel Network in partnership with the Lankan Angel Network announced the launch of Venture Engine 2015 at an event held at the OZO Colombo. Since its inception in 2012, Venture Engine has been helping entrepreneurs to take their businesses to the next level and has proven to be both an invaluable resource for mentoring ...

The modern UNP was the more urban, business-friendly party and the SLFP was the more rural, socialist-friendly party. Now, insomuch as we have parties at all, the UNP has turned. In this interim government, Ranil Wickremsinghe is leading the most business-unfriendly incarnation of the UNP I’ve ever seen. Not only are their policies mixed at best, he and Finance Minister ...

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