Connect with us

Business

Students from Sri Lanka reach World Finals at Microsoft Imagine Cup 2023

Published

on

Two teams from Sri Lanka, team Sipsara and The Green Tycoon, successfully qualified to the World Finals (Asia) stage at Microsoft Imagine Cup 2023, Microsoft’s global competition for students to dream and build new ways of using technology to improve lives. The competition is a platform for students across the world to tap into their entrepreneurial skill and develop a technology solution for some of the most pressing local and global issues. The teams from Sri Lanka were among the 48 from across three regions, who competed to advance to the World Championship.

Team Sipsara, competing under the category of Education from Sri Lanka Institute of Information Technology (SLIIT), presented an e-learning education system for children with down syndrome where technologies such as Artificial Neural Networks and Machine Learning are used to establish the first web-based application that measures and develops the skills of children with down syndrome in order to develop a reliable and efficient approach to predicting their development.

Under the category of Earth, The Green Tycoon Project also from SLIIT, presented CarboMeter, a project that can simplify Carbon Accounting by offering an innovative, real-time mobile-based emission management system using the latest technologies for organizations to monitor, achieve emission goals, reduce carbon taxes, and encourage going greener.

“It’s truly exciting to see such amazing, talented students in the Southeast Asia New Markets region use the Imagine Cup as an opportunity to unlock their potential and creativity and build something that matters to them. In speaking with the students, it was clear that there was a deeper personal connection to each of the innovations the students had come up with. It is truly inspiring to see these students be driven by something bigger and more powerful and create solutions to help change the world”, commented Sook Hoon Cheah, General Manager, Microsoft SEA NM.

Sharing their experience on the competition, students of both teams were extremely grateful for the opportunity to showcase their tech talent on a global platform such as this competition.

In speaking about the inspiration for their innovation, it was clear both teams had drawn from a personal story and experience to decide on what their technological solution would be. Team Sipsara was emotionally invested in devising a platform for students with down syndrome who were unable to continue their education during the pandemic due to the unavailability of suitable technology specifically designed and catered towards students with down syndrome. The Green Tycoon project, similarly, was inspired during the national crisis with the understanding that alternative and sustainable options could solve existing issues such as the emission of carbon in the country.

Harsha Randeny, Country Manager of Microsoft for Sri Lanka and Maldives said, “I am extremely proud that two Sri Lankan teams qualified to the World Finals of Microsoft Imagine Cup 2023. We receive an overwhelming response every time we launch the competition, and it is always great to see students passionate about technology taking the initiative to compete on a global platform. While congratulating Team Sipsara and The Green Tycoon, we also hope that this will encourage more students to participate in Microsoft Imagine Cup in the future where they get to experience innovation and technology with some of the best in the industry.”

This is not the first time that students from Sri Lanka have reached the final stages of Microsoft Imagine Cup. In the 2022 edition, Nana Shilpa, a team from SLIIT clinched the title of Winner in the Health category in Asia, and further went on to win Runners-Up at the World Championships.Tune into the Microsoft Imagine Cup World Championships, which will be livestreamed during Microsoft Build 2023 on May 23 at 08.30 a.m. PDT to see who will win this year’s competition.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

PM ‘Rings the Bell’ at CSE to champion financial literacy and investor education

Published

on

P.M. Dr.Harini Amarasuriya

As part of World Investor Week (WIW) 2026, the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) joined stock exchanges around the world in ringing the market opening bell for financial literacy on 5 October 2026, under the patronage of Dr. Harini Amarasuriya, Prime Minister of the Democratic Socialist Republic of Sri Lanka.

World Investor Week is an annual global campaign led by the International Organization of Securities Commissions (IOSCO) to raise awareness of the importance of investor education and investor protection. The “Ring the Bell for Financial Literacy” initiative, pioneered by the World Federation of Exchanges (WFE), brings together stock exchanges and other stakeholders worldwide to promote greater financial literacy and encourage individuals to make informed financial decisions.

The ceremony also marked the 40th anniversary of the CSE and the joint launch by the SEC and the CSE of the Stock Market Game, an online stock market simulation based on the ATrad trading system.

The Stock Market Game enables participants to gain practical experience of how the stock market works, make investment decisions and construct portfolios of listed shares without using real money. The platform is accessible through the websites of the SEC and CSE and is expected to serve as an important practical tool for promoting financial education. It is envisaged that the Stock Market Game will also be used to conduct simulation competitions among universities and the 100 Capital Market Clubs established in schools across the country.

The ceremony also featured the commemorative issuance of a stamp and First Day Cover to mark the 40th anniversary of the CSE. Issued in collaboration with the Department of Posts and the Philatelic Bureau of Sri Lanka, the commemorative stamp and First Day Cover were presented to Prime Minister Dr. Harini Amarasuriya, by the SEC Chairman Snr. Prof. D.B.P.H. Dissabandara and Ray Abeywardena, Director CSE and Chairman of Central Depository Systems (CDS).

Welcoming the gathering, Rajeeva Bandaranaike, Chief Executive Officer of the CSE, highlighted the importance of obtaining reliable information when making investment decisions.

“We operate in a digital world where a vast amount of information and data is disseminated through social media. While some of this information is factual, some may be inaccurate or misleading. When investing in the stock market, it is essential to make informed and prudent investment decisions. Therefore, investors should obtain information and data from reliable and responsible sources and persons before making investment decisions.”

Addressing the gathering, SEC Chairman Snr. Prof. D.B.P.H. Dissabandara emphasised that the SEC’s role extends beyond regulation to facilitating the further development of the capital market.

“The SEC needs to determine how best to introduce the stock market to Generation Alpha, Generation Beta and generations beyond. When it comes to investors, we need to build confidence in the market, because people will invest only when they have confidence in the market.’’

Continue Reading

Business

Rs. 5 million worth of prizes to be given at 8th edition of CSE Masterminds Quiz Competition

Published

on

The Colombo Stock Exchange (CSE) has announced that the eighth edition of the CSE Masterminds Quiz will be held on 9th October 2026, from 3.00 p.m. onwards, at the Main Ballroom, Shangri-La Colombo.

Recognised as Sri Lanka’s premier capital market quiz competition, CSE Masterminds brings together teams from the public and private sectors. Participants will be tested across international business, global markets, current affairs, the Sri Lankan economy and business, the Sri Lankan stock market, and sports and entertainment, before a concluding rapid-fire round.

This year the winning team can win up to Rs. 2,000,000, the runners-up up to Rs. 1,000,000, and the second runners-up Rs. 750,000. Sector awards will also be presented to the highest-performing team from each participating sector. Guest participants will also be able to compete in rounds of Audience questions, and will have the opportunity to participate a raffle draw for three free return tickets provided by Fits Aviation (Pvt) Ltd.

The evening will also include an exclusive after-party with live music provided by the band ‘Doctor’ featuring guest performer Umara Sinhawansa, fine food and beverages, providing an opportunity for networking and celebration. Every participant will receive a premium goodie bag made possible by the support of the event’s sponsorship partners. Collectively, the event will feature over Rs. 5 million worth of prizes, rewards, and giveaways, encompassing championship prizes, sector awards, audience engagement prizes, raffle draw offerings, and goodie bags.

Sponsorship partners include:

Platinum Sponsors: Hatton National Bank PLC and Bartleet Religare Stockbrokers (Pvt) Ltd.

Gold Sponsors: Ex-Pack Corrugated Cartons PLC, Asha Securities Ltd., and Lanka Securities (Pvt) Ltd.

Silver Sponsors: Barista Coffee Lanka (Pvt) Ltd., Capital Trust Holdings (Pvt) Ltd., LOLC Holdings PLC, Arpico Ataraxia Asset Management (Pvt) Ltd., IronOne Technologies (Pvt) Ltd., and LankaPay (Pvt) Ltd.

Co-Sponsors: Access Engineering PLC, Bank of Ceylon, Commercial Bank of Ceylon PLC, CryptoGen (Pvt) Ltd., Deloitte Lanka (Private) Limited, Dialog Finance PLC, Efutures (Pvt) Ltd., People’s Leasing & Finance PLC, Senfin Asset Management (Pvt) Ltd., and Softlogic Stockbrokers (Pvt) Ltd.

Continue Reading

Business

NCCSL to conduct practical workshop on food labelling and advertising regulations in Sri Lanka

Published

on

The National Chamber of Commerce of Sri Lanka (NCCSL) is organizing a one-day practical workshop on “Food Labelling & Advertising Regulations in Sri Lanka” on Thursday, 8th October 2026 from 9.00 a.m. to 4.30 p.m. at the National Chamber of Commerce, Colombo 10. The workshop has been organised to provide a practical understanding of the latest regulatory requirements governing the food products labelling and advertising of food products in Sri Lanka, with particular attention to regulatory developments applicable in 2026, compliance requirements, and the potential legal and financial implications of non-compliance.

As food products increasingly compete not only with quality and price but also on packaging, labelling and promotional claims, businesses must ensure the information they communicate to consumers is accurate, transparent and consistent with applicable regulatory requirements. Understanding these requirements is therefore essential for businesses seeking to protect their brands, maintain consumer confidence, and minimize regulatory and legal risks.

The practical workshop will go beyond an overview of regulations and focus on how businesses can apply regulatory requirements in their day-to-day operations. Participants will be guided through key areas of food regulatory compliance, including the national food regulatory framework, recent food labelling regulations and key changes, mandatory approvals and prohibitions relating to food labelling, and the litigation process associated with regulatory violations. The programme will also cover several areas of growing importance to the food industry, including the EU EMPCO Directive, food colour coding regulations, regulations relating to food trans-fatty acids and the importance of compliance in the use of food additives. Practical exercises will further enable participants to apply their knowledge to real-world compliance situations and strengthen their ability to identify potential regulatory concerns.

For further information and registration, please contact the National Chamber of Commerce of Sri Lanka on 011 4741788 – Nethmi or Udula – 071 403 4775.

Continue Reading

Trending