The Sri Lankan government is setting the stage for Colombo Port City to become a global hub for IT and Business Process Outsourcing (BPO) firms, supporting its vision to develop a USD 15 billion digital economy by 2030. Modeled after Dubai and Singapore, the Port City’s regulatory framework now includes competitive tax breaks, provisions for
Port City Colombo is playing a pivotal role in accelerating the development of Sri Lanka’s IT industry, aligning with the Government’s ambitious goal of creating a $15 billion digital economy by 2030. As the country aims to establish itself as a leading tech hub in South Asia, Port City Colombo is focused on attracting major
President Ranil Wickremesinghe announced new plans to establish both public and private educational institutions aimed at providing Sri Lanka’s youth with globally recognised opportunities for higher education. The announcement was made at the inauguration of the “Times School of Higher Education,” launched by Wijeya Newspapers Group at the Galle Face Hotel in Colombo. The Times
The Ceylon Chamber of Commerce has unveiled its groundbreaking policy document, ‘Vision 2030,’ which outlines a strategic plan for Sri Lanka’s sustainable and inclusive development by 2030. The document was first presented to President Ranil Wickremesinghe and will also be shared with political leaders, the Central Bank Governor, and the Treasury Secretary to encourage a
Dialog Axiata PLC, Axiata Group Berhad, and Bharti Airtel Ltd. have finalized a share sale transaction, with Dialog acquiring 100% of the issued shares in Bharti Airtel Lanka Ltd. through a share swap. Following this, Axiata holds 73.75% of Dialog, Bharti Airtel owns 10.355%, and the public holds 15.895% of the shares. Dialog plans to