Business

For the Second Year Venture Engine Empowers Entrepreneurs in Sri Lanka

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Last year’s event by Venture Engine was a huge success. Nine different businesses were helped to be more successful, both technologically and financially. Of these nine businesses that were helped, seven were startup businesses. This endeavor went a long way toward improving the economy of Sri Lanka, providing a much-needed boost and an increase in new businesses. Last year there were seventy applications for the nine selected positions. Anticipation is for at least that many this year and possibly even more. The application period has already begun for this year and will conclude on June 3. Responses are expected to be even greater this year than last. For the entrepreneur looking for a financial boost, this is a wonderful resource. Event Partners and Sponsors Venture Engine is[…]

Local Businesses Becoming Online Giants – Useful Tips

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Hey Guys! Shopping at the city center or running errands around your local town lately? While doing these regular chores, if you look closely, you will find huge changes taken place over the recent years.I’m living in Northern Province Vavuniya City, but No matter where you live, I think the little guys- the small stores, independent business owners are all disappearing. At least in my local town, majority of them can’t be found anymore. Most of the local small families running stores offering the homely personal touch are now being all swallowed up by the latest market dominants, the supermarkets and the chain stores which sell almost anything and everything you may need for the day to day life. It is a really depressing and pathetic scene[…]

Remove The PayPal Restriction in Srilanka

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Since 2008 I am doing all my business online, and most of my customers are Europeans or Americans. I have multiple options for accepting online payments through 2Checkout, CCnow, Skrill,Payza and Payoneer. but a majority of my clients (Both Europeans and Americans) use PayPal for electronic transactions. But, the PayPal restrictions in Sri Lanka are leaving me in a fix.  I do agree that PayPal is a secure and trusted online payment processor available for 202 countries and 25 currencies, There is no doubt, PayPal already captured the market like a storm, but the restrictions alone are rendering it useless for me. According to a regulation passed by PayPal. Any adult (18+) Sri Lankan can open a PayPal account and associate their Credit Card with it[…]

Internet Marketing for Part Time Smart People

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The rapid and continuous revolution is happening by the invention made by the modern era – the internet! There are wide ranges of opportunities produced and generated by this amazing online Internet Marketing system which allows people to earn money at the comfort of their home. Therefore this exciting method of marketing has become more popular and sought means of marketing. In recent times Europe and other countries such as Bangladesh, India, Nepal and Pakistan; there are advancements in the number of internet marketers who are earning thousands of dollars as income through successful internet marketing niche. But Srilanka has seen not much IM’ers who understands the value of time. This is because that they do not have a clear picture about the best IM[…]