The Chartered Institute of Logistics and Transport Sri Lanka (CILT SL), announced the launch of CILT ideathon. The program aims to welcome ideas to tackle issues in logistics and supply chain following COVID-19. The current pandemic situation has left many sectors in troubled waters. Among these sectors, logistics and the supply chain take the spotlight. This is because its an ...
The COVID-19 pandemic has changed our world with devastating speed, and it continues to redefine the global business world. It has forced many business owners to make some very tough decisions. This includes whether to downsize, both in terms of the number of souls and the size of office required. Another being whether to pivot the business now or later ...
“COVID-19 has changed the way we live and work. Most of these changes that look temporary right now may remain permanent,” says Founder & CEO of Rootcode Labs, Alagan Mahalingam. It was for this reason that the company built an app called Serw during the “Global Hack – Fighting a Global Crisis” hackathon. Furthermore, for their efforts, Rootcode Labs won ...
The coronavirus pandemic has altered the buying habits of consumers and the way institutions do business forever. Given the curfew/lockdown situation enforced by the government of Sri Lanka, products and services that we can use without leaving our homes continue to grow every day. Those practising self-quarantine or mandated social distancing are increasingly drawn toward services being offered by various ...
When most people think eCommerce they think of a website or an app. But that’s essentially a highly simplified version of what it truly is. In truth, eCommerce is about the technology that empowers the front end and the backend, supply chain and last-mile delivery. There has been much criticism publicly on the failure of eCommerce by the larger companies ...
No, you didn’t read the title wrong. Conversational Commerce or cCommerce will be the next stage of evolution for eCommerce. Following the islandwide curfew put in place to curtail the spread of the novel coronavirus, fintech has seen a mini-explosive boom in adoption. This growth can primarily be attributed to two factors. The first being consumers turning to eCommerce for ...
To say that the coronavirus has disrupted our lives, would be a major understatement. As humanity struggles to contain it, our best weapon in this fight is social distancing. Hence, governments across the world, including Sri Lanka, have begun enforcing strict lockdowns. Looking at the data, it’s clear that such measures have helped save lives and minimize the impact on ...
The ‘new normal’ state of being we have all resorted to as a result of COVID-19, requires us to overcome, adapt and improvise in these trying times. Community response is not unfamiliar to us Sri Lankans, who band together to support and bridge vulnerable communities with those willing to help while building new systems geared toward coping with the global ...
Order from chaos. As an entire nation scrambles for essential goods, suppliers are on the move to meet the demand. In the wake of the curfew, several grocery delivery services have sprung up to deliver your daily essentials to your doorstep. Previously, online grocery shopping never caught up with Sri Lankan consumers because many found the experience of browsing and ...
Following lockdowns and work from home protocols across the world, there’s one software that’s seen a boom in the past month. After all, it was hard to avoid people posting screenshots of their Zoom conversations all over social media. Zoom’s daily video conferencing numbers have grown from 10 million by December 2019, to over 200 million. As such, it should ...
Sri Lankan tech startup iLoan was fortunate to make it to the finals of Seedstars; a global platform for startups to pitch and showcase their innovations. Seedstars is a Swiss-based, global organization with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. To that end, the Seedstars team conducts several initiatives to support startups in such ...
Kapruka gets raided by CAA following steep pricing of essential items CAA advises on essential items pricing Delivery delays plague the current eCommerce landscape Importance of a good tech and logistics backbone. Examples from Singapore, China, and the US Appointment of a presidential taskforce, headed by Basil Rajapakse The prevailing situation has hit almost every sector in the country. As ...
Governments around the world, in the face of the coronavirus pandemic, are looking to flatten the curve and using various methods. South Korea and China have been some of the more successful countries in flattening the curve so far. China has used rather draconian methods to keep people indoors. The entire nation went into lockdown. Chinese streets were deserted and ...
It’s only been a few short weeks, but the novel coronavirus has changed how we work. In a previous article, we covered how organizations in the private sector were adopting measures to allow their employees to work from home. Of course, the public sector has also been adopting similar measures. Currently, the Information Communication Technology Agency (ICTA) is working with ...
There is no doubt how business is being done when the world is being changed permanently due to the novel coronavirus. Supply chain disruptions are already taking place at a massive scale with borders being closed down. In the short term, there is some massive erosion in terms of value. We can see this with the value erosion in markets ...
On the 23rd of March, the government announced an island-wide curfew. The decision, while sudden, was made as part of its efforts to fight COVID-19. Now, the curfew is periodically being lifted for a brief window across the island. Albeit at different times. For the districts of Colombo, Gampaha, Puttalam, Mannar, Vavuniya, Mullaitivu, Kilinochchi & Jaffna, the curfew will be ...
It’s been a little over a week since COVID-19 returned to Sri Lanka. With each passing day, there are more confirmed cases. As the numbers rise, a cloud of uncertainty continues to grow larger. To keep the virus at bay, the government continues to take stricter measures, the latest being an islandwide curfew. Naturally, this has disrupted countless lives. Despite ...
The coronavirus pandemic has taken over the world. Globally, it has crossed 180,000 cases. In Sri Lanka, we have over 50 reported coronavirus cases. Amidst all this, communities in all shapes and forms have sprung to action to help the fellow human, ranging from the Health Promotion Bureau to the Community Crisis Response Team. The work environment is also another ...
Since our previous article on COVID-19, the number of infected cases in Sri Lanka has spiked rapidly. As the number of infected individuals continues to increase, the Government has enacted several measures to encourage social distancing. This included declaring Monday the 16th of March as a public, bank, and mercantile holiday. This is the best course of action as social ...
At the time of writing, COVID-19 has infected 137,387 people globally. Since it first took over headlines in January, the novel coronavirus has killed 5,088 people. These numbers may seem terrifying at first glance. Yet, 69,779 of those infected have made a full recovery. Sri Lanka confirmed its 1st case of the virus in January. Now, two months later, the ...