Poging GOUD - Vrij
Shaping Sri Lanka's digital economy: 5G's impact on our future
Daily FT
|July 04, 2025
IN today's rapidly evolving world, digitalisation is the cornerstone of economic growth and innovation. From enhancing connectivity and communication to unlocking new business models and opportunities, digital transformation is revolutionising industries worldwide. At the heart of this transformation lies 5G technology—a game-changer that promises to propel nations into the next era of connectivity and economic success.
Many countries around the world are making significant strides in embracing the potential of 5G, and Sri Lanka, with its strong foundation, is on an exciting path to follow suit. As global digital economies continue to evolve, Sri Lanka has a great opportunity to position itself for future growth by advancing the commercialisation of 5G.
Driving digital transformation and innovation with 5G
5G is more than just a faster mobile network. It is a key enabler of digital transformation across sectors, offering substantial improvements in speed, latency, and capacity over 4G. With theoretical speeds up to 100 times faster than 4G, 5G enables ultra-low latency, which will revolutionise how industries operate.
■ In healthcare, 5G will facilitate remote surgeries, telemedicine, and real-time health monitoring, improving access to healthcare, especially in rural areas.
■ In education, 5G will support e-learning, virtual classrooms, and collaborative learning, making quality education more accessible nationwide.
■ Agriculture, a critical sector in Sri Lanka, can benefit from 5G through precision farming, automated irrigation systems, and crop monitoring, leading to more sustainable and efficient practices.
Furthermore, 5G will lay the foundation for smart cities. It will power autonomous vehicles, energy-efficient infrastructure, and improved public services. The industrial sector will also experience a transformation with Industry 4.0, as 5G supports automation, AI, and machine-to-machine communication, improving productivity and reducing costs.
Dit verhaal komt uit de July 04, 2025-editie van Daily FT.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Daily FT
Daily FT
New casino entry levy, betting and gaming taxes come into effect
THE Inland Revenue Department (IRD) has announced that a series of tax increases on Sri Lanka's betting and gaming sector came into effect from 1 January, following amendments to the Betting and Gaming Levy Act, No. 40 of 1988, under the Betting and Gaming Levy (Amendment) Act, No. 25 of 2025.
1 min
January 05, 2026
Daily FT
Thushan Amarasuriya appointed Singer Finance Managing Director
SINGER Finance (Lanka) PLC has announced the appointment of Thushan Amarasuriya as the Managing Director with effect from 1 January 2026.
1 min
January 05, 2026
Daily FT
FACETS Sri Lanka 2026 ushers next phase of growth for gem and jewellery industry
FACETS Sri Lanka 2026 was officially inaugurated on Saturday at Cinnamon Life at City of Dreams, marking a significant milestone for Asia's premier gem and jewellery exhibition.
2 mins
January 05, 2026
Daily FT
JVP condemns US military aggression against Venezuela
THE National People's Power (NPP) Government's main constituent party, the Janatha Vimukthi Peramuna (JVP) yesterday issued a statement condemning what it described as military aggression by the US against Venezuela, asserting that the sovereignty of the Latin American nation and the right of its people to determine their leadership must not be violated, according to a press release issued by its Political Bureau.
2 mins
January 05, 2026
Daily FT
Private sector lending rates increase as FD returns fall
PRIVATE sector lending rates remained elevated in 2025 as demand for credit improved even as returns on bank fixed deposits declined in line with benchmark Treasury Bill rates.
2 mins
January 05, 2026
Daily FT
Three Trinitians in SL Under-19 Cricket WC squad
THREE Trinitians who represented Sri Lanka at the Asia Cup 2025 last month found their places in the 2026 ICC Under-19 World Cup which is currently taking place in Namibia and Zimbabwe.
1 min
January 05, 2026
Daily FT
India to play additional T20ls in support of Cyclone Ditwah victims
INDIA has agreed to play two additional Twenty20 International matches during the Sri Lanka tour in August as part of an effort to support the welfare efforts of the people affected by the Ditwah cyclone.
1 min
January 05, 2026
Daily FT
Independent Adviser tells Serendib Land shareholders to reject Senthilverl Mandatory Offer
SERENDIB Land PLC's Board of Directors has rejected the Mandatory Offer made by Senthilverl Holdings Ltd., advising shareholders not to accept the offer price of Rs. 1,500 per share, citing that it represents a discount to the company’s valuation based on independent opinion.
2 mins
January 05, 2026
Daily FT
CBSL extends term of Administrator appointed to Nation Lanka Finance
THE Central Bank of Sri Lanka (CBSL) has extended the tenure of P.W.D.N.R. Rodrigo, the Administrator appointed to Nation Lanka Finance PLC (NLFP), under the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA).
1 min
January 05, 2026
Daily FT
Rupee depreciates 5.6% against USD in 2025
SRI Lanka's rupee weakened against the US dollar in 2025, posting an annual depreciation of 5.6%, reversing the strong gains recorded over the previous two years.
1 min
January 05, 2026
Listen
Translate
Change font size
