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#Digital Economy

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LankaPay processes Rs. 34 Trillion in transactions for 2024

Sri Lanka’s national payment network ‘LankaPay’ processed a total of Rs. 34 trillion in transactions in 2024, its CEO Channa De Silva said,...

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Watchdog without teeth: DPA lacks capacity to enforce data laws

Deputy Minister of Digital Economy Eranga Weeraratne has acknowledged ongoing recruitment delays at Sri Lanka’s Data Protection Authority (DPA), despite its formal establishment...

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Patali criticizes Govt’s approach to taxation on digital service exports

United Republican Front leader Patali Champika Ranawaka has accused the government of taking a hostile stance toward the IT and digital services sectors,...

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Framework ready for Sri Lanka’s National Data Exchange

The framework for the intended National Data Exchange (NDX) is ready and it will be the national backbone for a centrally implemented data...

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Handunnetti opposes tax on digital services

Industries Minister Sunil Handunnetti has voiced strong opposition to the 15 percent value-added tax (VAT) to be imposed on digital service providers. In...

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Sri Lanka to allow mobile number portability from June

Mobile phone users in Sri Lanka will be able to keep their existing phone numbers when switching to a different mobile network provider...