Corporate accolades underscore the alignment between its operational excellence and national development

In an era where national competitiveness is intrinsically tied to digital connectivity, strengthening the country’s digital backbone has become an urgent priority. Within this context, the evolving role of Sri Lanka’s leading telecommunications provider, SLT-MOBITEL, offers valuable insight into how technological infrastructure can underpin broader economic resilience.

Telecommunications and digital networks are foundational to economic transformation. By expanding high-speed broadband access, upgrading enterprise cloud capabilities, and bridging the urban-rural connectivity divide, SLT-MOBITEL helps reduce business transaction costs, streamline supply chains, and enable micro, small, and medium enterprises to reach global markets.

Recent corporate accolades further underscore this alignment between operational excellence and national development. SLT-MOBITEL’s triple triumph at the National Business Excellence Awards 2026 – winning in the Infrastructure and Utilities sector, Performance Management, and ICT Services categories – highlights its growing impact. Notably, the recognition of eChannelling’s contributions to digital healthcare reflects a broader strategic pivot toward integrated technology solutions.

“Institutional efficiency of this nature is critical for attracting foreign direct investment, as global partners increasingly assess a country’s digital maturity and systemic stability before committing capital,” noted industry observers.

Moreover, the company’s transition from a conventional telecom utility to a comprehensive digital solutions provider aligns seamlessly with Sri Lanka’s national digitalisation agenda. As the country pursues public sector modernisation, enhanced e-governance, and a competitive knowledge economy, the private sector must step up to deliver secure, scalable, and future-ready networks. Investments in data centres, cybersecurity frameworks, and advanced ICT infrastructure act as strategic buffers, ensuring that Sri Lanka’s economic apparatus remains agile and resilient amid future global uncertainties.

However, industry experts caution that while these achievements are commendable, SLT-MOBITEL still has a considerable distance to cover in fully enabling a truly digital economy.

Port City Colombo (PCC) took a prominent role as Platinum Sponsor at the second edition of Sri Lanka Beyond Your Dreams, a high-level diplomatic and investment engagement hosted by the Consulate General of Sri Lanka in Dubai and the Northern Emirates. The event, held on 2nd September 2026 at the Hilton Dubai Al Habtoor City, brought together over 400 senior UAE-based business leaders, investors, diplomats, and institutional stakeholders, alongside Sri Lanka’s most senior government representatives.

The gathering was graced by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, as Guest of Honour, and Vijitha Herath, Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism. A high-level Sri Lankan delegation – including the Secretary to the Prime Minister, the Chairman of the Board of Investment, the Chairman of the Export Development Board, and the Director General of Commerce – underscored the government’s strong commitment to deepening economic diplomacy with the UAE.

In his keynote address, Minister Herath reaffirmed the centuries-old ties between Sri Lanka and the Arab region, emphasising the UAE’s vital role as a key economic partner. He stressed the urgency of finalising a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, which would establish a robust framework to elevate trade, investment, and bilateral cooperation. Declaring Sri Lanka “open and ready for business,” he positioned Port City Colombo as the physical embodiment of this economic mission – a modern Special Economic Zone (SEZ) with a dedicated legal framework and competitive incentives, offering UAE investors a natural gateway to South Asia while maintaining strong Gulf connectivity.

Central Depository Systems (Pvt) Ltd (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), commemorated its 35th anniversary by ringing the market opening bell at the Colombo Stock Exchange last week, marking three and a half decades of supporting the growth and development of Sri Lanka’s capital market infrastructure.

The ceremony brought together members of the CDS and CSE Boards, and former leaders of the institution to celebrate CDS’s journey since its establishment in 1991 as South Asia’s first Central Securities Depository and the seventh of its kind globally.

Delivering the welcome remarks, Head of CDS, Nadeera Athukorale, remarked “For thirty-five years, the story of CDS has been one of continuous commitment, continuous improvement, and continuous dedication – powering trust, enabling progress, and shaping the future. Generations of employees have carried that torch forward.”

Chief Market Operations Officer of CSE Chandrakanth Jayasinghe remarked upon the anniversary and the role of CDS in Sri Lanka’s capital market stating, “Thirty-five years of achievement have positioned CDS as a cornerstone of market infrastructure, enabling seamless post-trade operations and supporting long-term market development.”

Chairman of CDS, Ray Abeywardena, in his keynote address, reflected on the bold leap forward represented by the establishment of CDS and the transition to a scripless system, while highlighting the institution’s enduring role in Sri Lanka’s capital market infrastructure. Emphasizing the significance of CDS, he stated, “CDS is considered the backbone of the CSE and provides an invaluable service. It is far more than a mere technology platform; it is an institution of trust and integrity. It safeguards the integrity of ownership and commands the highest levels of trust and confidence of all stakeholders. It also ensures efficiency, strong governance, transparency, accountability and resilience throughout its 35 years of unwavering service.”