Business
Slt-Mobitel – Digitally Ready For A System Change In Sri Lanka
Announces national proposal for future-focused technology and digitally empowered citizens to usher change and growthSLT-MOBITEL, the leading communication and technology service provider in Sri Lanka announced a national proposal to enhance critical services and sectors, and digitally empower citizens.
The company, one of the most powerful players in the telecommunications and technology sector, cites archaic legacy systems, inefficiency, corruption, heavy operational costs and waste in critical sectors and services to be the main reason to expedite a system change in the country.
It said in a news release that the new system change proposed by it places digitally empowered citizens at its foundation, with digitalisation of identities and strong digital security and privacy. This will serve as the building block for new technological innovations that can strengthen Digital Commerce and E-Governance in all aspects of operations critical to the county.
SLT-MOBITEL has identified healthcare, education, transportation, agriculture, tourism, judiciary and banking and finance as critical services and sectors that can thrive under this new system, more efficiently and transparently, the release said.
Elaborating on this new system change for the country, Rohan Fernando, Group Chairman, Sri Lanka Telecom said, “Much like Singapore did, Sri Lanka has the potential to transition to a Smart Nation, making innovative technology the backbone of every sphere of activity.
“By doing this, key issues currently facing the country can be addressed and critical sectors and services can be transformed into highly efficient, transparent, and profitable systems which in turn can transform people’s lives. Our vision is to move the country towards E-Governance and Digital Commerce.
“We have the broadest presence across the value chain and unparalleled capacity to meet the needs of tech companies, large corporates, public and state institutions. With our capabilities and strong infrastructure across the country, we believe we are fully geared to undertake this challenge and bring about the change the people of this country want to see.”
What is now SLT-MOBITEL began over 160 years ago as a state-owned national communications service provider, transformed itself over the years into a highly profitable and efficient publicly listed conglomerate, offering technology and connectivity solutions, ready-to-go technology platforms, advanced network backbone services and digital infrastructure.
“The brand unification initiative of SLT-MOBITEL in 2020 brought together the best services of fixed and mobile technology. It couldn’t have come at a better time, as the same year saw a dramatic increase in the need for technology and connectivity solutions due to the COVID-19 pandemic. Seeing this surge and understanding the demand of the future, we extended our fibre network to 65,000km across Sri Lanka, offering fast and accessible broadband services to boost the digital capacity in the country,” the release said.
“The SLT Group has the largest data centres in the country, and our long-standing partnerships with global tech giants like Microsoft, Oracle and VMware mean we are fully equipped to provide the most secure hosting services for public and state institutions, as well as large corporates and foreign investors.
“As we continue to invest in infrastructure, our efforts are now focused on developing technological solutions for the challenges the country is facing today and will face tomorrow. SLT-MOBITEL is digitally ready for that system change we all want to see in Sri Lanka,” said Fernando.
Under this system change proposition, SLT-MOBITEL will focus on Healthcare, Education, Transportation, Agriculture, Tourism, Judiciary and Banking and Finance, the release said elaborating:
E-Healthcare
Access to healthcare is a basic need. However, the healthcare sector is facing many challenges today which inhibits citizens from accessing services and data. Our proposal aims to digitalise the healthcare sector and will revolutionise the industry. It offers access to real-time information, remote patient monitoring, preventative care, timely assistance, healthcare analysis, and overall better patient care with data privacy and security. Digitalising the sector will give healthcare practitioners and citizens access to information anytime, and also improve efficiency and return-on-investment for the industry.
Online Education
With the onset of the COVID-19 pandemic and recent economic challenges, access to continued education has become another national priority. These macroeconomic factors have left children and teachers no choice but to move towards online education. However, rural areas have limited access and teachers require training in digital technology and eLearning solutions. eLearning and Smart Classrooms need to be actively promoted as the future of education.
With these factors in mind, we have outlined the steps to digitalise Sri Lanka’s education sector. The 10,000+ schools in the country can be provided high-speed internet access through the company’s expansive fibre network, processes can be automated through the introduction of digital tools and technology, while libraries can be digitised for inclusive and continued access. Further, teachers and students will be introduced to Learning Management Systems (LMS) to build a more agile and effective education sector.
E-Transport
With the increasing urbanisation of the country, transportation and the congestion caused by it has a direct impact on the economy. Loss of time while travelling, excessive fuel consumption, increased wear and tear of automobiles and higher cases of road accidents all lead to a negative impact on national productivity.
SLT-MOBITEL proposes the digitalization of the country’s transportation sector. From multi-modal tour plans, online ticket reservations, tracking apps for public transportation such as buses and trains, providing onsite WiFi and enabling cashless payments, Sri Lanka’s transportation sector has tremendous potential to be more efficient and productive.
E-Agriculture
Sri Lanka’s food security has become a national priority in light of a multitude of issues faced by local famers, inhibiting their ability to meet demand. The current agriculture value-chain is affected by obstacles at each stage – irregular climate patterns and the onset of pests and diseases affect yield; price volatility, lack of accurate information on demand and supply affect farmers’ profitability; and distribution can be inefficient and disorganised leading to high-wastage.
We are driving the digitalization of Sri Lanka’s agri value-chain with the Helaviru Digital Economic Centre, a platform that will provide farmers easy access to information and insights, as well as a trading platform for transparent transactions. The company is also accelerating digital adoption of farming communities through capacity building programmes and by introducing smart farming solutions.
E-Tourism
Tourism is a critical sector for Sri Lanka, especially in bringing in much needed foreign exchange. However, the industry is currently struggling due to the impact of the COVID-19 pandemic, as well as recent global and local economic challenges. Data analytics and insights will be key in identifying Sri Lanka’s competitive advantage against other countries in the region and rebuild a thriving tourism industry.
We are currently developing a single web portal for all potential tourists to digitally enable the country’s tourism sector. This platform will be a centralised tourism hub, providing tourists with the information they need to plan their own stays or connect them with tour operators who have pre-planned options. This platform will also provide much needed data and insights on the visiting tourists, which can be used to further develop the industry.
E-Judiciary
Justice delayed is justice denied – the main issue plaguing Sri Lanka’s judiciary at present. From the high number of court cases to the time taken to serve a verdict, the limited access to information, outdated systems needing multiple physical documents and lack of integration within the judiciary, all lead to delays in the process, making it inefficient.
Our proposed solution is to fully digitalise the Sri Lankan judiciary system. From establishing a digitised record keeping process, to an automated platform to set hearing dates in commercial high courts, a virtual solution for court hearings when logistics become an obstacle, and the digital integration across other entities (i.e. Police) will lead to a more efficient judiciary system in the country.
Banking & Finance
In a world where more people are working, playing, living online, a world of opportunities await Sri Lankan businesses and entrepreneurs. Connectivity speed and access is critical for this future. Our vision in transforming the current banking and finance sector to meet the demands of this future will see the digitalisation of this critical sector, so it is able to support cashless transactions and become a catalyst to promote e-commerce in Sri Lanka.
Business
Janashakthi Life delivers 36% revenue growth, ‘outperforming the industry’
Janashakthi Life, the flagship company of JXG (Janashakthi Group), delivered a strong first-half performance in 2026, with Gross Written Premiums (GWP) increasing by 36% year-on-year to Rs. 5.11 billion. The Company’s growth significantly outpaced the industry’s 20.8% growth during the period, reflecting continued demand for its life insurance solutions and progress in expanding its customer base and strengthening its market presence.
The Company’s balance sheet also continued to expand, with total assets increasing to Rs. 41.14 billion as at Q2 2026, compared to Rs. 40.37 billion at the end of 2025. The growth reflects the continued scale of the business and provides a stronger platform to serve an expanding policyholder base while investing in the capabilities required to support its next phase of growth.
During the first half, Janashakthi Life paid Rs. 2.24 billion in claims and benefits, reaffirming its commitment to supporting policyholders when it matters most. These payments provide essential financial support at critical moments in the lives of individuals and families, highlighting the vital role of life insurance in protecting their financial wellbeing and long-term security.
The Company remained profitable during the period, recording Profit Before Tax (PBT) of Rs. 271 million, excluding the surplus transfer for the period. With the declaration of the surplus transfer, profitability is expected to be substantially higher. Janashakthi Life remains focused on strengthening earnings quality, managing costs effectively, and translating business growth into sustained improvements in overall performance.
Annika Senanayake, Chairperson of Janashakthi Insurance PLC, said, “The performance in the first half reflects the strength of Janashakthi Life’s business and the opportunities that exist to further develop the life insurance market in Sri Lanka. We remain focused on building a business that combines sustainable growth with sound fundamentals, while making insurance more accessible to a wider segment of the population. As part of JXG, Janashakthi Life is well positioned to leverage the Group’s financial services ecosystem and continue strengthening its position in the market.”
Ravi Liyanage, Director/CEO of Janashakthi Insurance PLC, said, “The first half delivered strong growth across key areas of the business, with GWP increasing 36% to Rs. 5.11 billion. In all key segments, namely regular business, group life business and single premium business, the Company has outperformed the industry significantly, demonstrating its market challenger behaviour. The Company is strengthening its stability, crossing LKR 41 billion in assets under management. Our focus now is on building on this momentum through stronger distribution, improved productivity and disciplined cost management, while continuing to enhance the customer experience by providing an unmatched service throughout the lifespan of the service contract.”
The first-half performance provides a strong platform for Janashakthi Life to build on its growth plans for the remainder of the year. The Company will continue to focus on expanding access to life insurance, strengthening customer relationships and developing solutions that respond to changing financial priorities.
With GWP growth significantly ahead of the industry, a growing asset base and increased claims and benefits delivered to policyholders, Janashakthi Life continues to build scale across its core operations. The Company remains focused on disciplined growth, stronger execution and improving the quality of its performance, with the objective of creating sustainable value for policyholders, shareholders and the wider business.
Further reinforcing its strong market standing, Janashakthi Life was recognised among Sri Lanka’s 50 Best Workplaces™ for 2026 by Great Place To Work® Sri Lanka and was also named among Brand Finance’s Sri Lanka 100 Most Valuable Brands. These recognitions reflect the Company’s continued focus on building a strong brand, delivering value to customers and creating a high-performing organisation. (JXG)
Business
Hunas Holdings and CCH enter strategic collaborative partnership
Major Japanese business group sees long-term potential in Hunas Holdings as the two organisations explore new opportunities for growth in Sri Lanka
Hunas Holdings PLC is entering a new phase of growth through a collaborative partnership with CCH Co., Ltd. (CCH INC.), a major Tokyo-based business group with experience across business process outsourcing (BPO), in-house services, investment, mergers and acquisitions, and business development.
The partnership follows a period in which Hunas Holdings maintained a measured approach to new investments amid volatile market conditions, focusing on identifying the right opportunities and international relationships capable of creating sustainable long-term value.
Founded in Japan in 2008, CCH has grown into a significant and diversified business group with interests across multiple industries. Its approach combines investment with M&A, business development and operational expertise, enabling the company to play an active role in the businesses and markets it enters.
For CCH, the partnership represents an opportunity to bring this experience to Sri Lanka through Hunas Holdings, an established local group with a strong platform and long-term growth ambitions.
Yoshihiko Tanabe, Director of CCH Co., Ltd., said: “Through our discussions with Hunas Holdings, we see a company with strong foundations, local expertise and a clear ambition for growth. We believe there is meaningful potential in bringing the strengths of CCH and Hunas Holdings together. I am excited about this partnership, and particularly about some of the projects and opportunities we are already exploring together. There is much to look forward to soon”
For Hunas Holdings, the collaboration marks a renewed chapter of investment and international partnership, while for CCH, it reflects confidence in Hunas Holdings and the opportunities presented by the Sri Lankan market.
Business
Prime Minister to headline Sri Lanka Economic and Investment Summit session
Dr. Harini Amarasuriya, Prime Minister of Sri Lanka, will deliver the keynote address at a special session on day 2 of the Sri Lanka Economic & Investment Summit 2026 organised by The Ceylon Chamber of Commerce, titled “Nation Building in the Digital Age”, on 13 October 2026 at the Shangri-La Colombo.
The session will examine how Sri Lanka can use artificial intelligence, digital transformation, innovation and education to accelerate economic growth, improve productivity and build a knowledge-driven economy. As technology reshapes industries and the nature of work, the discussion will focus on how Sri Lanka can develop the capabilities needed to remain competitive and create opportunities for future generations.
The Prime Minister will be joined by Waruna Sri Dhanapala, Secretary, Ministry of Digital Economy; Prof. Roshan Ragel, Senior Lecturer in Computer Engineering, University of Peradeniya; and Sanjay Shah, Founder and CEO, Elevante AI, who together will add perspectives from government, academia, and industry. Vinod Hirdaramani, Chairman of Hirdaramani Group and Deputy Vice Chairperson of The Ceylon Chamber of Commerce, will moderate the session.
The discussion will look at the opportunities and challenges presented by emerging technologies, including artificial intelligence and automation, and their potential to transform industries and create new areas of economic activity. It will also consider the role of digitalisation in improving public services and supporting entrepreneurship.
Education and skills development will be another important part of the conversation, particularly as the demand for new capabilities grows alongside technological change. The panel will consider how Sri Lanka can prepare its workforce for future jobs while developing an environment that supports innovation and technology-led businesses.
The session will also look beyond technology itself to the wider conditions needed for a digital economy to grow. Policy, investment, infrastructure, education and collaboration between government, industry and academia will all have a role in determining how effectively Sri Lanka can turn technological change into economic opportunity.
Held under the theme “Positioning Sri Lanka in a Changing Global Economy: Resilience, Reform, and the Future of Economic Policy,” SLEIS 2026 will offer perspectives from senior policymakers, business leaders, investors and international experts over two days of discussions on Sri Lanka’s economic direction, investment opportunities and the reforms needed to support future growth.
Registrations are now open at https://sleis.chamber.lk/. For more information, contact Alikie on 011 558 8805 (alikie@chamber.lk) or Shanuka on 0701082541 (events.division@chamber.lk).
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