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Industry News

Thursday, June 22, 2017
GSA Look to Assess State of the Industry with Sourcing Satisfaction Barometer
As a truly independent industry association and professional body representing the global sourcing industry, the GSA’s mission is to professionalise sourcing so as to grow the positive reputation, and therefore size, of the industry. 

Monday, June 19, 2017
Sri Lanka Focus is Upon New Trade and Investment
Sri Lanka's finance ministry on Monday said it was formulating a new trade and investment policy, tax reforms and various other measures to improve the investor climate in the island country.

Friday, June 16, 2017
HCL launches GDPR Services to Enable Organizations Comply with EU Data Protection Regulation
HCL Technologies (HCL), a leading global IT services provider, announces the launch of General Data Protection Regulation (GDPR) services to help organizations comply with EU GDPR regulation.

Wednesday, June 14, 2017
Sri Lanka Sees Growth Fly Despite Dip
According to the monthly Index of industrial Production (IIP) released by the Census and Statistics Department, the volume of industrial production in Sri Lanka has increased by 1.8% in April 2017 compared to the same month in 2016.

Tuesday, June 13, 2017
Capita Life & Pensions Awarded for Outstanding Customer Service
Capita Life & Pensions has been awarded the “Excellence in Outsourced Customer Service” award for its work with Zurich, at the prestigious Global Sourcing Association UK’s Professional Awards.

Wednesday, June 07, 2017
BA Highlights Airline Investment Issues
As the BA scandal moves on to the compensation phase, we need to address a problem in the whole airline industry.

Blockchain Heralded by Governments
It is amazing how different technologies can be adapted to new uses and markets. Blockchain, the technology behind the fabulously fluctuating Bitcoin, is increasingly being heralded by governments as the technology to revolutionise the public sector.

Bitcoin Stockpiles for Potential Cyber-Attacks
According to, large UK firms are prepared to pay out more than £136,000 on average to cyber criminals who launch ransomware attacks, after building stockpiles of bitcoin.

India to Support Sri Lanka Railway Investment
India today signed an agreement with Sri Lanka to provide USD 318 million as line of credit to develop the island nation's railway sector, officials said.

Monday, June 05, 2017
Sri Lanka Growth to Accelerate in 2017
Sri Lanka’s growth is forecast to accelerate to a 4.7 percent rate in 2017 and 5 percent in 2018, a new World Bank report says. According to the World Bank’s June 2017 Global Economic Prospects growth will happen as international financial institution programs support economic reforms and boost private sector competitiveness.

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