News
AFI Corp launches Innovation Labs in Colombo
AFI Corp, a technology solutions company that services a diverse clientele across the globe, unveiled its state-of-the-art Innovation Labs recently. Located in the business and technology hub of Colombo 3, AFI Corp Innovation Labs is set to be a groundbreaking space where creativity, technology and innovation converge.
The newly established Innovation Labs marks another milestone in the company’s journey and will serve as a hub for creativity, collaboration and innovation. The trailblazing facility, spanning over 2,400 sq.ft., has been meticulously designed by design experts to inspire and empower talented minds to push the boundaries of technology and generate transformative solutions that address real business challenges. It is also a highly secure space, protected by fingerprint access control, surveillance cameras and sophisticated cyber security protocols.
AFI Corp’s Innovation Labs will bring together the most sought-after talent in Sri Lanka, enable them with cutting-edge technology and serve as an empowering space where experimentation is encouraged, ideas are nurtured, and collaboration is possible across geographies and industries.
“We are incredibly excited to unveil our new Innovation Labs,” said Senior Manager at AFI Corp, Francis Renalt Niroshan. “The Innovation Labs reflects our commitment to innovation and our dedication to fostering a collaborative environment where brilliant minds can thrive. We believe that by bringing together diverse talents and disciplines in an environment carefully designed to enable innovation, we can develop solutions that will shape the future of business,” he added.
Equipped with advanced infrastructure and technologies, AFI Corp Innovation Labs features dedicated spaces and open work areas, comfortable breakout zones and fun game rooms as well as collaborative meeting rooms, that encourage deep thinking, brainstorming and cross-functional collaboration, ensuring staff members have the resources and environment they need to develop innovative ideas and transform them into reality.
AFI Corp Innovation Labs will also serve as a strategic center for partnerships and collaboration with academic institutions, industry leaders and startups, creating a vibrant ecosystem that fosters knowledge sharing, drives innovation and propels Sri Lankan talent and business into the cutting-edge of the global marketplace.
AFI Corp is a fast-growing Sri Lankan organization that provides technology solutions and staff augmentation services to companies across the world. As a technology partner, AFI Corp provides a wide range of IT services including cyber security, software development and cloud solutions as well as niche industry solutions. The business also connects Sri Lankan talent with a broad range of reputed companies across the world, boosting remote work and foreign currency inflows into the country. In Sri Lanka, AFI Corp introduced the world’s very first structured therapy app, IWill, and has worked to combat the stigma against mental health.
News
Cabinet nod to increase the number of new automated passenger clearance gates at the Bandaranayake International Airport to 12
Approval of the Cabinet of Ministers was granted at their meeting held on 19.05.2025 to purchase four (04) automated passenger clearance gates for Bandaranayake International Airport.
In addition, it is expected to extend the automated passenger clearance gates facility so far given only to the Sri Lankans
parallel to the e – passport issuance system to be introduced in the year 2027 also to the foreigners who travel to and from this country.
Furthermore, considering also the number of air passengers rapidly increasing with the fast – forwarding business and tourism field, the appropriateness to increase the total automated passenger clearance gates up to twelve (12) in number has been recognized.
Accordingly, the Cabinet of Ministers, approved the resolution furnished by the Minister of Public Security and Parliamentary Affairs to initiate the procurement and installation of 12
automated passenger clearance gates altogether with the already approved four (04) and another eight (08) automated passenger clearance gates adhering to the formal procurement procedure
News
Draft Bill for amending the Trust Ordinance
Based on the observations submitted by the Task Force on Prevention of Money Laundering and Financing for Terrorism, approval of the Cabinet of Ministers was granted at their meeting held on 18.12.2024 to amend the Trust Ordinance No. 9 of 1917 including amendments proposed by the Financial
Intelligence Unit of the Central Bank of Sri Lanka.
Accordingly, clearance of the Attorney General has been granted for the Trust (Amendment) Draft Bill formulated by the Legal Draftsman.
Therefore, the Cabinet of Ministers approved the resolution furnished by the Minister of Justice and National Integration
to publish the said draft bill in the government gazette notification and thereby, submit the same to the Parliament for its concurrence.
News
Implementing further relief programme to Public sffected by the Middle East conflict situation
Action was taken to provide a fuel relief for the fuel consumers during the months of April, May and June of 2026 to redress by minimizing the impact caused to the day today life of the citizens of this country as well as the entire economy due to the price hike of petroleum fuel in the global market resulting from the war situation in the Middle East.
Government mediation is essential for minimizing the impact on the day to today life of citizens in this country due to that war situation not being ended further. Therefore, it has been planned to redress on the sale price for Auto Diesel and Industrial Diesel for a period of 03 months by the Government to provide relief to the public as well as to maintain the prices at a bearable level to the consumers without escalating the fuel prices in this country compared to the escalation of fuel prices
in the international market.
Therefore, the Cabinet of Ministers granted approval for the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to
allocate provisions subject to the monthly limitations respectively as rupees 15 billion for the month of October, rupees 13.5 billion for the month of November and rupees 12.15 billion for the month of December to provide the said relief
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