December 15, 2021
1 min read

Lanka sets $3bn revenue goal from fintechs

An expert committee has been appointed to formulate a fintech roadmap for Sri Lanka…reports Asian Lite News

Sri Lanka will aim to scale up its Information Communication Technology (ICT) and Business Process Management (BPM) export industry to $3 billion, state media quoting a government Minister has reported.

Namal Rajapaksa, Minister of Youth and Sports as well as State Minister of Digital Technology and Enterprise Development, was quoted in state-owned Daily News on Tuesday, saying that an expert committee has been appointed to formulate a fintech roadmap for Sri Lanka, Xinhua news agency reported.

“The Covid-19 crisis has highlighted the need for significant support and investment on digital transformation, effective digital governance across all countries in the region, in particular delivery of core government functions,” Rajapksa said.

Inclusion should be at the heart of digital transformation and that modern technology should be integrated into all sectors of the economy, including agriculture, industry and services, he added.

ALSO READ: Sri Lanka-China tussle intensifies as Qingdao fertiliser company to pursue arbitration in Singapore

Previous Story

India set to ink FTA with UAE

Next Story

Sheikh Mohammed leads UAE delegation to GCC Summit

Latest from -Top News

Pakistan’s Shadow War in Balochistan

At least 50 killed by Pakistan-backed death squads in Balochistan in April, says HRCB — toll expected to rise in May….reports Asian Lite News The Human Rights Council of Balochistan (HRCB) reported

Russia, Ukraine Resume Talks

The upcoming talks follow a significant hiatus in diplomatic engagement between the two nations, which have been locked in a brutal conflict since Russia’s invasion of Ukraine in February 2022 Russia and

UN Pays Tribute to Indian Soldiers

Thursday was observed as the 77th UN Peacekeepers Day, honouring the work of 61,353 peacekeepers, of whom 5,375 hailed from India….reports Asian Lite News Brigadier Amitabh Jha and Havildar Sanjay Singh, who

Modi’s New Warfare Playbook

Modi has upended the old playbook and India and Pakistan are entering dangerous new territory where nuclear deterrence is no longer a guarantee against conventional conflict…writes Collins Chong Yew Keat The India-Pakistan
Go toTop

Don't Miss

China’s energy push in Lanka sparks security worries

In addition to Hambantota port, China has invested in hydropower

Lanka protesters to leave President’s house

On Wednesday, protesters also took over Prime Minister’s office despite