Business and Economics
Easing foreign ownership restrictions will adversely affect SME shipping agents - CASA

The Ceylon Association of Shipping Agents, (CASA) says the proposals on easing foreign ownership restrictions will adversely affect SMEs that handle a few ships per year.

Such a move will likely lead to large repatriation of currency overseas, depriving the Country of the USD earnings and the tax revenue. It will also have an impact on local employment. It is estimated that the jobs of the current workforce of over 12,000 will be at stake.

CASA says that in Sri Lanka, the shipping agents service over 7,300 casual caller vessels (non-container vessels) per annum. Most of this business of casual caller vessels is canvassed and promoted by the local shipping agents who are mainly SMEs.

CASA says that several proponents are advocating liberalization but they seem to have confused the distinction between the operation of a shipping line and that of an agent.
Samsung Introduces the 200-Megapixel Image Sensor in Flagship Smartphones

Samsung Electronics recently introduced its latest 200-megapixel (MP) image sensor, the ISOCELL HP2, with improved pixel technology and full-well capacity for stunning mobile images in tomorrow’s premium smartphones.

“The Samsung ISOCELL HP2 harnesses Samsung’s high-resolution image sensor technologies and know-how at the cutting edge for epic details,” said JoonSeo Yim, Executive Vice President of Sensor Business Team at Samsung Electronics. “Our leadership comes from innovative pixel technologies that allow our sensors to go beyond the number and size of pixels. We will continue to open new horizons and solidify our presence in the expanding ultra-high-resolution sensor market.” The ISOCELL HP2 packs 200-million 0.6-micrometer (µm) pixels in a 1/1.3” optical format, a sensor size that is widely used in 108MP main smartphone cameras.

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SLIIT ICAC 2022 concludes promoting advancements of research in Computing

The 4th International Conference on Advancements in Computing 2022 (ICAC 2022) concluded on a positive note recently promoting advancements in computing towards economic prosperity in Sri Lanka.

The conference was held on December 9-10, 2022, for the fourth consecutive year, ICAC 2022 was organized by Faculty of Computing, Sri Lanka Institute of Information Technology (SLIIT).

The event’s main aim was to provide an open forum for academics along with industry professionals to present latest researchfindings and practical deployments of research outputs in the domains of Computer Science and Information Technology.

Enlivening the event, eminent high-profile keynote speaker Prof. Hossein Sarrafzadeh, Director, Centre of Excellence in Cybersecurity Research, Education, and Outreach (CREO) at NC A&T State University delivered a speech on ‘Cybersecurity threats, opportunities, and possibilities for international collaboration in research and education’ discussing cybersecurity threats of national significance and the relevant research that can help to reduce the risks associated with cyber security globally.

Distinguished keynote speaker Prof. Janaka Bandara Ekanayake, Chair professor of Department of Electrical and Electronic Engineering, University of Peradeniya addressed the gathering on ‘ICT infrastructure for Solar Future’ highlighting the barriers, solutions, and ICT solutions to achieve a solar future.

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