Dialog Axiata reported strong growth in FY 2024, with core revenue rising 10% YTD to Rs151.3 billion and EBITDA increasing by 8%. The company posted a net profit of Rs12.4 billion despite a 38% YTD drop, mainly due to prior forex gains. Investments in broadband and infrastructure reached Rs30.3 billion.
Sri Lanka plans to launch a national data exchange and digital ID system to drive its digital economy. With a goal of implementing the national ID within 18-24 months, the country aims to integrate IoT, AI, and cloud computing across sectors. The data exchange will enhance efficiency and innovation.
Sri Lanka’s President Anura Kumara Dissanayake launched three major digital initiatives: GovPay for government payments, the expansion of President’s Fund services to Divisional Secretariats, and the eBMD system for certificate issuance through embassies. These projects are key steps toward modernizing the nation’s digital infrastructure.
The Sri Lanka Digital Public Infrastructure (DPI) Summit 2025 in Colombo focused on leveraging DPI to drive economic growth and digital inclusion. The event brought together global leaders, experts, and stakeholders to discuss how DPI can accelerate Sri Lanka’s digital economy and achieve Sustainable Development Goals by 2030.
HUTCH, in partnership with Trainocate, launched the “Srilankanization” initiative to enhance digital skills among Sri Lankans. The program offers training on digital applications through the RESET e-learning platform, providing affordable access to certifications from Microsoft, AWS, Google Cloud, and Cisco, aiming to strengthen Sri Lanka’s digital economy.
Sri Lanka’s ‘GovPay’ digital platform, launching on February 7, will streamline government payments by allowing citizens to pay for services via fintech apps or online banking. Initially integrating 16 institutions, the platform aims for full implementation by April 2025, enhancing efficiency in government revenue collection.
Bileeta has partnered with CENWOR to provide ERP solutions for SMEs in rural Sri Lanka, focusing on women entrepreneurs in the dry-fish and Palmyra industries. This initiative, supported by UNDP, aims to empower women and contribute to Sri Lanka’s economic growth through technology-driven solutions and mentoring.
Zoho’s Zoholics conference in Sri Lanka highlighted the company’s commitment to supporting the country’s Digital Sri Lanka 2030 strategy. Through its cloud-powered solutions, Zoho is helping businesses across sectors achieve digital transformation, with significant year-over-year growth. The event featured solutions across Sales, Marketing, HR, and Developer tools.
Sri Lanka’s Telecommunications Regulatory Commission has implemented a policy requiring all mobile phones to be registered by January 28, 2024, to improve security, prevent fraud, and stop illegal imports. Unregistered devices will be blocked from local networks, with exceptions for tourists and phones brought for personal use.
Sri Lanka is progressing with its SL-UDI project, procuring biometric hardware to transition national IDs to digital formats. The project, supported by India and international donors, will improve government services and reduce corruption. It includes biometric data collection, secure digital payments, and integration with government institutions.
