Sri Lanka is launching GovTech Ltd. to lead its digital transformation, replacing the current ICTA agency. The move aims to strengthen the country’s digital governance and accelerate innovation.
Mastercard and LankaPay have partnered to enhance Sri Lanka’s digital economy through three key initiatives: co-branded debit cards, low-cost QR payments for tourists, and AI-powered fraud detection. These efforts aim to improve financial inclusion, support SMEs, and boost tourism-driven revenue, advancing the country’s digital transformation.
Dialog Axiata reported a strong performance in Q1 2025, with revenue reaching Rs 43.3 billion, a 4% increase YoY. EBITDA grew 45% YoY to Rs 19.7 billion, with an EBITDA margin of 45.5%. NPAT rose 49% YoY to Rs 4.1 billion. The company also reported significant tax contributions and robust cash flow.
Sri Lanka’s High Commissioner to Bangladesh, Dharmapala Weerakkody, and BASIS members met to discuss strengthening ICT collaboration between the two countries. They explored opportunities in software development, BPO, knowledge sharing, and joint ventures. BASIS was invited to participate in Sri Lanka’s “Disrupt Asia 2025” ICT event in Colombo.
HUTCH’s Future Connect initiative, in partnership with SLIIT, offers students hands-on learning experiences in networking, cloud infrastructure, and data communication. Through industry visits and immersive sessions, HUTCH bridges the gap between academic learning and real-world industry practices, fostering the development of a highly skilled workforce for Sri Lanka’s digital future.
Sri Lanka hosted the Asia Pacific ICT Alliance (APICTA) Executive Committee Meeting 2025, bringing together representatives from 15 countries to discuss regional ICT collaboration and innovation. The event highlighted Sri Lanka’s growing role in digital transformation, with a focus on e-governance, smart infrastructure, and cross-border innovation.
The Colombo Chief Magistrate’s Court has directed Sri Lanka’s Telecommunications Regulatory Commission (TRCSL) to block websites and social media accounts distributing illegally obtained data from Cargills Bank. This follows a data breach involving sensitive customer information. The bank has reassured customers that operations remain unaffected and cybersecurity measures are strengthened.
IceWarp has launched its advanced business communication platform in Sri Lanka, partnering with Fentons Information Technology. The platform offers scalable, secure alternatives to Microsoft 365 and Google Workspace, integrating AI-powered tools and enhanced support. This move strengthens IceWarp’s commitment to providing local enterprises with innovative communication solutions.
Dialog Axiata has achieved a 6.2Gbps speed on its 5G Standalone (5G SA) Ready network, marking the fastest ever recorded in Sri Lanka on a commercial smartphone. In collaboration with Huawei and Samsung, this milestone demonstrates the potential of 5.5G Ultra Advanced Technology for transforming mobile connectivity.
Kia has launched the all-new Sonet compact SUV in Sri Lanka, marking the first of 12 new SUV models to be introduced in the country. The Sonet is equipped with advanced technology, a turbocharged engine, and comprehensive safety features, offering both style and practicality for modern urban drivers.
