digital economy

The National Enterprise Development Authority (NEDA) has announced plans to consolidate over 50 ICT-related government institutions under a single umbrella to enhance efficiency and eliminate redundancy. Speaking at the launch event of Global Entrepreneurship Week (GEW) 2024 at the Ceylon Chamber of Commerce yesterday, NEDA Director Dhanuka Liyanagamage highlighted the challenges within the sector.

“In certain cases, these institutions, intentionally or unintentionally, operate as rival organizations,” Liyanagamage noted, stressing the urgent need for better coordination.

Harsha Purasinghe, Chairman and CEO of Microimage, revealed that steps are underway to establish a new Digital Economy Authority to oversee this initiative. He also confirmed that the inaugural board meeting of the proposed authority was held last week, marking a significant milestone towards restructuring the ICT landscape in Sri Lanka.

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Fairly heavy showers expected in parts of the island
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Fairly heavy showers expected in parts of the island

Bydaily reporter

The Meteorology Department says showers will occur at times in Western and Sabaragamuwa provinces and in Galle and Matara districts. Several spells of showers may occur in North-western province. Showers or thundershowers will occur at several places in Uva, Central and Eastern provinces and in Hambantota and Polonnaruwa districts during the evening or night, the…

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Gazette appoints 18-member ‘Clean Sri Lanka’ task force

Bydaily reporter

A Gazette notification has been issued appointing an 18-member Presidential Task Force, including the President’s Secretary, to oversee the implementation of the ‘Clean Sri Lanka’ initiative. This initiative aligns with the President’s policy statement, “A Rich Country, a Beautiful Life,” and aims to launch a transformative national mission addressing the well-being, reconciliation, and progress of…

IMF Executive Board Decision on Sri Lanka In Coming Months
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IMF Executive Board Decision on Sri Lanka In Coming Months

Bydaily reporter

The International Monetary Fund says that the the Executive Board meeting on Sri Lanka is expected to take place in the coming months, following in the implementation by the authorities on the prior actions. Julie Kozack, the Director of the Communications Department of the IMF made these comments in response to a question posed by…

trc
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TRCSL Informs Businesses To Obtain Relevant License

Bydaily reporter

The Telecommunications Regulatory Commission of Sri Lanka says a significant number of businesses involved in the sale of telephones and communication devices have not obtained the relevant license. The Commission’s Assistant Director Menaka Pathirana says a fine of over 1 million rupees will be imposed on those who have not obtained the necessary license. She…

Sri Lanka’s GDP Sees Promising Growth in Q3 2024
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Sri Lanka’s GDP Sees Promising Growth in Q3 2024

Bydaily reporter

The Gross Domestic Product (GDP) of the country has shown a positive growth of 5.5% in the third quarter of 2024, according to the Department of Census and Statistics. The GDP, which stood at Rs. 2,987,544 million at constant prices (2015) in the third quarter of 2023, increased to Rs. 3,151,941 million in the corresponding…

RW hails AKD for going ahead with ETCA
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RW hails AKD for going ahead with ETCA

Bydaily reporter

Former president Ranil Wickremesinghe on Tuesday hailed the joint statement issued by India and Sri Lanka during the island’s President Anura Kumara Disanayaka’s visit to India, saying it will further deepen bilateral cooperation. India and Sri Lanka issued the joint statement after Prime Minister Narendra Modi and President Disanayaka held comprehensive and fruitful discussions in…