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Sri Lanka rising force in global digital innovation: Dr. Hans

Daily FT

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September 19, 2025

■Says Sri Lanka's Digital Public Infrastructure (DPI), powered by APIs, enables innovation across payments, identity, data and interoperable services, encouraging public-private collaboration ■Notes country produces 36,000 STEM entrants annually, with 10,000 high-tech graduates already fuelling 950 startups and 100+ funded ventures, though ecosystem still remains underfunded ■Highlights robust digital laws and "soft law, innovation-permissive" approach to Al and digital regulation ■Notes 80:20 balance between Govt. enablement and private sector innovation expected to unlock $ 15 b in value

CHIEF Adviser to the President on Digital Economy and Information and Communication Technology Agency (ICTA) Chairman Dr. Hans Wijayasuriya yesterday presented Sri Lanka's digital economy blueprint and positioned the country as a rising force in the global digital innovation landscape.

Speaking at the Disrupt Asia 2025 forum, he said the country is staking its claim as a rising force in global digital innovation.

Dr. Wijayasuriya stressed that the foundation of Sri Lanka’s digital value proposition rests on three key pillars; a pool of globally competitive talent, a trust framework second to none in the region and a digital economy at the cusp of exponential growth. “All within a strategically located island economy connected to a regional market of over two billion people, this is your moment of confidence, welcome to Sri Lanka,” he said.

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Daily FT

IMF, officials discuss power tariff reforms ahead of November deadline

THE Parliament Secretariat yesterday said that an International Monetary Fund (IMF) technical team and MPs recently met to review the Ceylon Electricity Board’s (CEB) electricity tariff methodology and reforms ahead of a November 2025 deadline under the ongoing IMF Extended Fund Facility (EFF) program.

time to read

2 mins

September 19, 2025

Daily FT

Paytm Founder calls on Sri Lanka to harness digital economy potential at Disrupt Asia 2025

INDIA'S fintech giant, Paytm Founder and CEO Vijay Shekhar Sharma yesterday urged Sri Lanka to seize its moment to transform into a global digital economy hub.

time to read

2 mins

September 19, 2025

Daily FT

President initiates Rs. 3.7 b oil storage expansion in Kolonnawa

PRESIDENT Anura Kumara Disanayake on Wednesday inaugurated the construction of six new oil storage tanks at the Kolonnawa Petroleum Storage Complex.

time to read

3 mins

September 19, 2025

Daily FT

Daily FT

Lake House Technologies powers Sri Lanka's first biodegradable banking card with BOC

LAKE House Technologies has announced its collaboration with global technology leader Thales to launch the nations fist-ever eco-friendly, biodegradable banking card for Bank of Ceylon (BOC), powered by Mastercard International.

time to read

1 min

September 19, 2025

Daily FT

Ex-Unilever Sri Lanka's Rumal Fernando joins Hayleys Board

HAYLEYS PLC yesterday announced the Board appointment of Susangatha Rumal Fernando as an Independent Non-Executive Director.

time to read

1 min

September 19, 2025

Daily FT

Bhutan's Mindfulness City: Big idea from small nation

BHUTAN, known for prioritising Gross National Happiness over GDP, has begun its journey building the Gelephu Mindfulness City (GMC), envisioned as a Special Administrative Region (SAR), an ambitious project blending spirituality, sustainability, and economic innovation.

time to read

4 mins

September 19, 2025

Daily FT

Daily FT

Promoting reconciliation and accountability in Sri Lanka

IN June 2010, the Secretary-General appointed the Panel of Experts on Accountability in Sri Lanka to advise him on accountability issues in Sri Lanka and offered it as a resource to the Government, and particularly to the Lessons Learnt and Reconciliation Commission.

time to read

5 mins

September 19, 2025

Daily FT

ACME Printing announces Rs. 1.4 b Rights Issue

ACME Printing & Packaging PLC yesterday announced a one-for-six Rights Issue to raise Rs. 1.4 billion via 570 million ordinary voting shares at Rs. 2.50 each.

time to read

1 min

September 19, 2025

Daily FT

Sri Lanka now in growth phase, says AFC

SRI Lanka is poised for a period of sustained economic growth after years of crisis, according to Asia Frontier Capital (AFC) Fund Manager Ruchir Desai, who argues that political stability, reforms and attractive valuations make the country a compelling opportunity for investors.

time to read

3 mins

September 19, 2025

Daily FT

Janashakthi Finance triumphs at SLIM Digis 2.5 Awards 2025

JANASHAKTHI Finance PLC has announced its recognition at the SLIM Digis 2.5 Awards 2025.

time to read

2 mins

September 19, 2025

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