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Dialog announces Strategic Partners for groundbreaking National Innovation Challenge

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L-R: Viranga Seneviratne, Senior General Manager of Ideamart, Dialog Axiata PLC, Arjun Jeger, Vice President, Digital Marketing Association of Sri Lanka, Prof. Ranjith Dissanayake, President, Institution of Engineers, Sri Lanka, Prof. Malik Ranasinghe, Chairman, Information and Communication Technology Agency, Supun Weerasinghe, Group Chief Executive, Dialog Axiata PLC, Sanath Senanayake, CEO/Executive Director, Sri Lanka Institute of Marketing, Varatharaja Kumaragurru, Senior Programme Manager, Ceylon Chamber of Commerce, Cyril Suduwella, Commissioner, Sri Lanka Inventors Commission and Dr. Sachie Panawala, Additional Chief Innovation Officer, National Innovation Agency.

Dialog Axiata PLC, announced its partners of the Dialog Innovation Challenge, an initiative to develop scalable, innovative digital solutions.

The recent partner induction marks a significant milestone in this national endeavour, fostering collaboration across various sectors. The Information and Communication Technology Agency (ICTA) assumes the role of National Technology Partner, anchoring the challenge’s technological foundation. Joining forces as Technology Ecosystem Partners are The Institution of Engineers, Sri Lanka (IESL), The Sri Lanka Inventors Commission (SLIC), and The National Innovation Agency (NIA). As Business Knowledge Partners, the Ceylon Chamber of Commerce (CCC), Sri Lanka Institute of Marketing (SLIM), and Digital Marketing Association of Sri Lanka (DMASL) bring unparalleled industry insight to the initiative.

Speaking on the partnership, Prof. Malik Ranasinghe, Chairman of The Information and Communication Technology Agency said, “On behalf of ICTA, we’re delighted to partner with Dialog in the Innovation Challenge. Whether in the private or public sector, we believe in collaboration for positive outcomes. The National Fuel Pass initiative exemplifies our successful partnership with Dialog in the past. We wish Dialog success in reaching and engaging a large number of Sri Lankans in this national endeavour. ICTA is committed to supporting Dialog and the national community to ensure the success of this initiative”.

Commenting, Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC said, “We are thrilled to embark on this transformative journey with our esteemed partners for the National Dialog Innovation Challenge. In collaboration with our partners, we are set to drive digital innovation across Sri Lanka. This strategic partnership is a testament to our commitment to shaping the nation’s digital future. Together, we invite all Sri Lankans to join us in this pioneering initiative, as we harness the power of technology to create positive change for individuals, businesses, and communities nationwide”.

The Dialog Innovation Challenge invites all Sri Lankans to contribute to the country’s digital future. Individuals and teams are encouraged to submit innovative solutions leveraging technologies like AI, machine learning, IoT, blockchain, and more. With a generous prize pool of Rs. 5 million and opportunity for selected winners to pitch for a part of the 500Mn DIF (Dialog Innovation Foundry) investment fund, mentorship, and access to Dialog’s innovation ecosystem, participants have a unique opportunity to propel their ideas forward.

To participate, visit www.dialog.lk/ic



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Sri Lanka, India caught in US-Iran ship crisis

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By Shamindra Ferdinando

Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.

Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).

The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.

The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.

Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.

The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.

The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR

Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.

SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.

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Namal further remanded

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MP Namal Rajapaksa being brought to the Colombo Magistrate’s Court yesterday. Pic by Nishan S Priyantha

MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).

Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.

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IMF projects Lankan economic growth to moderate amidst mounting global uncertainties

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Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.

In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.

Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.

Unemployment is expected to remain steady at 3.9% throughout the forecast period.

The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.

Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.

The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.

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