Browsed by
Category: Digital

Sri Lanka Now UK’s Second Largest Partner in TNE

Sri Lanka Now UK’s Second Largest Partner in TNE

Sri Lanka Now UK's Second Largest Partner in Transnational Education

In a big step forward, Sri Lanka has passed Malaysia to be the UK’s second-biggest partner in Transnational Education (TNE). Now, it makes up 10% of the UK’s TNE enrollments. This shows a strong education bond between both countries. It also highlights the need for top-notch tertiary education that meets global standards.

Numbers show the growth: From 2020 to 2023, Sri Lankan students in UK TNE programs surged by 50%, reaching nearly 54,000. This growth happened with little help from the UK government. It shows the real value and demand for these educational chances in Sri Lanka. For many students who can’t get into local public universities, TNE is a vital option.

The rise in enrollments is boosting the quality of Sri Lanka’s higher education. TNE ties are crucial for giving students skills and qualifications that match industry needs. Graduates are ready for jobs, not just in Sri Lanka but abroad as well, especially in booming markets like India. This is what the British High Commissioner suggests. As TNE shapes Sri Lanka’s education scene, it plays a bigger role in global education. It also helps prepare the workforce for important sectors.

The Rise of Sri Lanka in Transnational Education

Recent numbers show how Sri Lanka is becoming a big name in transnational education (TNE). It’s creating strong ties with UK universities. In fact, student enrollment in these programs has gone up by 50%. This makes Sri Lanka the UK’s second biggest partner in this area.

The growth isn’t just about numbers. It’s also about the quality and range of programs. These programs come from academic partnerships across borders.

Sri Lanka has climbed in the TNE rankings, now ahead of Malaysia. This is a key milestone in its global partnership efforts. The country has strong agreements and projects. These support higher education and studying abroad. They do this through partnerships with UK institutions.

Sri Lanka Surpasses Malaysia in TNE Partnership Rankings

More students in Sri Lanka are enrolling in UK-based TNE programs. From 2020 to 2023, enrollments jumped from 35,943 to 53,915. This jump doesn’t just show growth in TNE. It shows a wider academic exchange between Sri Lanka and the UK.

Statistics Indicating Sri Lanka’s Organic TNE Growth

The numbers prove Sri Lanka’s growing pull towards UK universities. There are 44 UK institutions with TNE deals in Sri Lanka now. The local drive behind these educational ventures is impressive. It reflects the Sri Lankan market’s value, estimated at $1.1 billion.

Local institutions are addressing the overflow from state universities. In 2022, 171,532 qualified but only 44,000 spots were available. They’re also meeting the demand for quality international education.

These facts show how committed Sri Lanka is to improving education through TNE. It aims to be a top international education hub. Ongoing discussions at educational forums support this goal. This marks an exciting time in Sri Lanka’s education story.

Impact on Local Higher Education and Workforce

Sri Lanka is changing its education scene by working with Transnational Education (TNE). They are using UK standards and innovative teaching methods to fill curriculum gaps and boost education quality.

Filling the Higher Education Gap for Sri Lankan Students

TNE is key in teaching skills development by giving access to tertiary education. It’s great for students who couldn’t reach traditional higher education before. It also meets the needs of the local job market. A new TNE academy could improve this education route and aim for lasting growth.

Contributing to the Skilled Professional Pool

TNE helps add to Sri Lanka’s skilled professionals by improving job chances and global work opportunities. Fields like healthcare, engineering, and law now have professionals trained in the UK. They’re ready to help with the country’s economic and social growth.

Improving education quality and skills development through TNE helps bridge the gap between school and work. It brings new teaching methods to local schools, making them more relevant to today’s youth.

TNE’s benefits and models, like distance learning, are tailored for Sri Lanka. This makes them more effective. Sri Lanka is now creating a new and better way of higher education. It’s inclusive, high-quality, and meets both local and global job market needs.

As it reforms its education, Sri Lanka shows its commitment to better education and global standing. Its work with UK partners will change its education for the better. A strong economy and educational progress are linked, highlighting the need for ongoing investment in tertiary education.

Future Prospects and Strategic Focus

Sri Lanka is focusing on International Education due to exciting educational reforms and its important location. The country is experiencing a rapid increase in UK Transnational Education (TNE) participation. In 2022, enrollments jumped by 50%, reaching nearly 54,000.

This positions Sri Lanka as an emerging hub for quality education and Career Opportunities in Asia. High Commissioner Andrew Patrick advises Sri Lankan graduates to look towards India. It’s a region with fast-growing job opportunities.

Now, Sri Lanka is the second-biggest participant in UK TNE, making up 10% of all UK TNE enrollments worldwide. Building strategic partnerships is essential to leverage this growth. Public-private partnerships and innovative education platforms are being discussed. These efforts aim to enhance Sri Lanka’s educational landscape.

Plans to expand UK TNE beyond Colombo are important. They will help make education more accessible across the country. This way, students from different areas can benefit.

TNE programs and all higher education in Sri Lanka might get a unified quality assurance system. The private education sector, worth $1.1 billion, could see expansion. A public TNE activities repository is also recommended. These steps will improve transparency and decision-making in education.

Such reforms promise to transform higher education in Sri Lanka. In 2022, out of 171,532 qualified students, only 44,000 enrolled in state universities. With Sri Lanka’s strategic focus, the nation is setting itself as a key player in Asia’s International Education.

FAQ

What milestone has Sri Lanka recently achieved in relation to transnational education?

Sri Lanka is now the UK’s second-largest partner in transnational education (TNE). It accounts for 10% of the UK’s total TNE enrollments.

How significant is the growth of TNE enrollment in Sri Lanka?

The number of students choosing TNE in Sri Lanka has jumped by 50% in just two years. This leap, from 35,943 to 53,915 between 2020-2021 and 2022-2023, is a big deal.

What role does TNE play in Sri Lanka’s higher education system?

TNE is key in improving Sri Lanka’s higher education. It makes education more accessible, fixes skill mismatches, and boosts educational quality.

Why is TNE considered a pivotal educational path in Sri Lanka?

TNE is crucial because it offers an opportunity for many. With only a quarter of students getting into public universities, TNE connects them to UK institutions. This gives them recognized qualifications and helps fill the education gap.

What impact does Sri Lanka’s partnership with UK institutions through TNE have on the local workforce?

This partnership is boosting Sri Lanka’s skilled workforce big time. It helps cover curriculum gaps and uses new teaching methods. These strategies get students ready for their careers.

How does the University of London exemplify the impact of TNE in Sri Lanka?

The University of London shows the power of TNE. It’s training future leaders. For example, many judges in Pakistan, Sri Lanka, and Malaysia have degrees from there.

What advice does the British High Commissioner to Sri Lanka, Andrew Patrick, give to Sri Lankan graduates?

Andrew Patrick encourages graduates to look at career opportunities in Asia, especially India. He points to the region’s growing economic importance.

What are the future prospects for TNE in Sri Lanka?

TNE in Sri Lanka is expected to keep growing. This growth will support the country’s education sector. It lays a strong base for continuous development in education and careers.

HNB Procurement Earns ISO 9001:2015 Certification

HNB Procurement Earns ISO 9001:2015 Certification

HNB Procurement Function Earns Prestigious ISO 9001:2015 Certification

Hatton National Bank PLC (HNB) continues to stand out as a top financial institution in Sri Lanka. It has recently achieved the ISO 9001:2015 certification for its Procurement Function. This shows the bank’s constant push for excellence in all its operations. Bureau Veritas acknowledged this certification, covering HNB Procurement processes like IT, Stationery, and General Procurement. These processes are within its Banking Services Department. This sets a global benchmark for quality management.

As a leader among Sri Lanka’s private banks, HNB has 254 customer centers. Its chase for the 2015 certification is backed by a history of excellence. Winning ‘The Best Bank – Sri Lanka’ at the Emerging Asia Banking Conclave and Awards and being named Best Retail Bank by the Asian Banker Awards show its commitment to top service. The ISO 9001:2015 certification adds to HNB’s collection of ISO recognitions. These include Inward Remittance, Outward Remittance, Centralized Operations, Centralized Credit Operations, and Credit Administration Departments.

The HNB ISO Certification boosts operational efficiency and improves supplier relations. It also lowers procurement errors. This award came after a detailed audit that checked most of HNB’s procurement activities. The bank noted big improvements in procurement, including more efficiency and fewer mistakes. These gains came from specialized training for the Procurement staff. These improvements after getting the ISO certification highlight HNB’s ongoing commitment to doing better and keeping stakeholders happy.

HNB Procurement Function Earns Prestigious ISO 9001:2015 Certification

The HNB Procurement Function now has the ISO 9001:2015 certification. This marks a big improvement in how it operates. It not only shows that HNB leads in banking innovation, but also its strong commitment to top service and client happiness. The 2015 certified procurement practices place it among the best in Sri Lanka’s banking world.

Significance of ISO 9001:2015 Certification for HNB Procurement

The ISO 9001:2015 award highlights the HNB Procurement Function’s aim for global quality standards. Achieving this level proves HNB’s quality management system is strong, making its procurement practices more reliable and efficient. This achievement also builds more trust with suppliers and partners, leading to better and more innovative procurement.

Rigorous Process of Achieving the ISO 9001:2015

Gaining the ISO 9001:2015 certification required a detailed review of HNB’s buying processes. This close examination made sure all operations met the highest quality standards. The procurement team had to show excellence in areas like IT, stationery, and general buying to meet the strict ISO criteria.

Department Certification Year Scope
HNB Procurement Function 2024 IT Procurement, Stationery Procurement, General Procurement
Centralized Operations 2024 Centralized Operations for banking services
Credit Administration 2024 Administering Credit Operations
Inward and Outward Remittance 2024 Handling of internal and external remittances

Earning the HNB Procurement ISO 9001 certification is a big achievement for the bank. It’s seen as a sign of trust and efficiency by partners and clients. HNB is dedicated to keeping its high standards in the tough world of finance.

Comprehensive Quality Management Frameworks at HNB

Hatton National Bank (HNB) has boosted its service quality. It got the ISO 9001:2015 certification for various procurement and operational areas. This award by Bureau Veritas shows HNB’s strong focus on top-notch quality management in financial services.

This honor covers important areas like IT, Stationery, and General Procurement. It shows the bank’s efficiency and its ability to meet global standards. These standards aim to make customers happier and improve how things run.

HNB’s quest for top quality doesn’t stop with procurement. Other key areas also achieved the 2015 certification. This includes divisions like Inward and Outward Remittance and Centralized Credit Operations. It marks a full embrace of quality-first strategies.

HNB operates a vast network of 254 customer centers. It’s one of Sri Lanka’s big private banks and focuses on tech innovation. The bank has won titles like Best Retail Bank and Best Bank in Sri Lanka at major awards.

The ISO 9001:2015 certification of HNB’s procurement is part of a broader quality focus. This approach is essential for growth in a shaky economy. It also helps build a strong brand that meets market and consumer needs.

Expanding Excellence: HNB’s Commitment to Service Quality

HNB is dedicated to outstanding customer service and improving customer experiences. It earned the 2015 certification in HNB Procurement. This shows HNB’s deep commitment to quality management in the finance sector.

By following the HNB Procurement ISO Certification standards, HNB proves its commitment. It aims to exceed customer expectations through quality service.

Impact of ISO 9001:2015 on Customer Experience

The ISO 9001:2015 isn’t just for show; it’s how HNB assures top-notch customer service. Thanks to the 2015 certification, customers can rely on HNB’s services. It shows HNB is proactive about quality and has systematic processes in place.

These achievements highlight HNB’s longstanding reputation for excellence. This includes being named ‘Sri Lanka’s Best Bank’ by Euromoney Magazine.

Supporting Strategic Goals Through Improved Operations

HNB’s certification under ISO 9001:2015 aligns with its strategic goals. It aims to be the leader and most trusted bank in Sri Lanka. The AA- rating from Fitch Ratings (Lanka) Ltd and awards, like ‘Best Managed Bank in Sri Lanka,’ show HNB’s commitment to excellence.

The efficiencies from the HNB Procurement ISO Certification support HNB’s aim for continual excellence.

Expanding Excellence: HNB’s Commitment to Service Quality

What does HNB Procurement Function’s ISO 9001:2015 certification signify?

The ISO 9001:2015 certification shows HNB Procurement Function meets high global standards. It proves HNB’s dedication to quality, customer happiness, and ongoing improvement. They work hard to make sure their purchasing processes are top-notch.

Who provided the ISO 9001:2015 certification to HNB’s Procurement Function?

Bureau Veritas, a world leader in testing, inspection, and certification, gave HNB the ISO 9001:2015 certification.

Which areas of HNB Procurement Function have been certified under the ISO 9001:2015?

The certification covers several areas like IT, Stationery, and General Procurement at HNB.

How does the ISO 9001:2015 certification impact the customer experience at HNB?

This certification means HNB works more efficiently and uniformly, leading to a better customer experience. It assures customers that HNB values quality and aims for constant improvement.

What role did HNB management play in achieving the ISO 9001:2015 certification?

Indrajith Senadhira and Roshan Fernando, HNB’s managers, played key roles in getting the ISO 9001:2015 certification. They showed HNB’s commitment to quality and consistent customer service.

Can you explain the process HNB underwent to achieve the ISO 9001:2015 certification?

HNB went through strict evaluation and documentation to ensure they matched ISO 9001:2015 standards. This involved meeting international quality management benchmarks and being audited by Bureau Veritas.

Are any other departments within HNB ISO 9001:2015 certified?

Yes, other departments at HNB also have the ISO 9001:2015 certification. This shows a broad commitment to quality throughout HNB.

What benefits does the ISO 9001:2015 certification provide to HNB?

The ISO certification brings HNB many advantages, like better operations, happier customers, strong supply chain management, and compliance with quality standards. These benefits help HNB keep its strong reputation in the finance industry.

Significance of ISO 9001:2015 Certification for HNB Procurement

The ISO 9001:2015 certification is vital for HNB Procurement. It globally acknowledges the bank’s procurement processes. This gives HNB a competitive advantage and highlights its dedication to excellence and customer satisfaction.

Rigorous Process of Achieving the ISO 9001:2015

Getting the ISO 9001:2015 certificate required a detailed evaluation. HNB assessed its processes and documentation, stuck to the standards, and proved its commitment to ongoing improvement.

Impact of ISO 9001:2015 on Customer Experience

The ISO 9001:2015 improves customer experience by focusing on quality and reliability. It leads to more customer satisfaction and trust in HNB.

Supporting Strategic Goals Through Improved Operations

The certification helps HNB reach its strategic goals. It ensures operations are optimized, reduces errors, and encourages a culture of excellence. This helps HNB grow and succeed.

Musk’s Starlink Wins Sri Lanka Licence | Satellite Internet

Musk’s Starlink Wins Sri Lanka Licence | Satellite Internet

In a big step for telecommunications in Sri Lanka, the country now welcomes SpaceX’s Starlink. This marks a change in laws not seen in nearly 30 years. Sri Lanka is now a leader in South Asian broadband, thanks to Elon Musk’s vision.

Musk's Starlink Wins Sri Lanka Licence

SpaceX controls 60% of the world’s active satellites. This expansion is a big deal for the area. With Starlink in Sri Lanka, the night sky is now filled with over 6,000 satellites. This step not only improves broadband but also makes SpaceX a legend.

Starlink’s license in Sri Lanka is a big win. It promises better broadband and opens doors in nearby countries, like India. This move follows global space trends, showing how satellites connect us more than ever.

Starlink’s Expansion into South Asia with Sri Lankan Presence

Elon Musk’s Starlink initiative is a big leap in tech innovation, with new operations in Sri Lanka. This move shows a strong global interest in space and helps get rural areas in South Asia online. With over 6,000 satellites, Starlink plans to change how South Asia uses satellite internet, especially in hard-to-reach places.

Sri Lanka’s new telecom laws are key to this big step. They help foreign tech companies like Starlink start up easier. One big change is the 21st Amendment, which improves governance. It helps democracy too; more info here. This makes it easier for Starlink to launch, and may lead to more tech-friendly laws in nearby countries.

Elon Musk’s Strategic Move into Emerging Markets

By focusing on fast-growing places like Sri Lanka, Starlink aims for big growth. Bringing new tech here can close the digital gap and boost the economy. It fits Musk’s goal to make the internet available worldwide, especially where it’s most needed.

Impact of Sri Lanka’s New Telecommunications Legislation on Starlink’s Entry

New laws in Sri Lanka welcome tech companies. They support an open market and lower entry barriers for firms like Starlink. Thanks to these changes, Sri Lanka could lead tech innovation in South Asia.

The Promise of Improved Broadband Connectivity in Remote Regions

Starlink aims to improve internet access in Sri Lanka’s remote areas. This will help schools, hospitals, and businesses. Connecting these areas promises a new future of opportunity beyond physical limits, helping rural development.

This tech boost is set to transform education and healthcare in Sri Lanka. Plans are in place to mix tech with learning, explained here.

Musk’s Starlink Wins Sri Lanka Licence: A Milestone for SpaceX

Getting a licence for Starlink satellite internet in Sri Lanka is a big win for Elon Musk’s SpaceX. It marks a global impact with over 7,000 satellites orbiting the Earth since September 2024. Entering Sri Lanka’s market is key, especially with the country’s $37.5 billion debt and $503 million in debt payments by mid-2024.

SpaceX’s journey has been rapid, reaching 4 million users by September 2024 compared to 1 million in December 2022. Revenue jumped from $1.4 billion in 2022 to an estimated $6.6 billion in 2024. Still, Starlink’s creation cost at least $10 billion, facing challenges such as orbital congestion affecting astronomy.

The entry into Sri Lanka boosts SpaceX in the satellite net world and supports Sri Lanka’s tech and economic strategies. It’s a big step for Sri Lanka and SpaceX, bringing new opportunities for connectivity and growth.

Sri Lanka Approves Starlink’s Satellite Internet Service

Sri Lanka Approves Starlink’s Satellite Internet Service

Sri Lanka’s telecom regulator has given initial approval for Starlink’s satellite internet service. This move will boost broadband connectivity in the country. Starlink’s space tech will help Sri Lanka’s digital growth efforts.

Starlink, owned by SpaceX, is expanding global internet coverage. It has about 2,000 network centers in 32 countries. The company aims to provide fast internet to remote areas.

Sri Lanka Grants License to Elon Musk's Starlink for Satellite Internet Services

The State Minister announced Starlink’s approval on June 6, 2024. Initial setup costs range from $400 to $600. The monthly fee is $99 (about LKR 15,000).

There’s also a one-time hardware fee of around LKR 105,000. Starlink isn’t yet a phone network company in Sri Lanka. It has a frequency license under telecom laws.

Future changes will allow for a full telecom service provider license. This will help Starlink operate more easily in Sri Lanka.

President Wickremesinghe wants a relief package for certain groups. This includes school kids, fishermen, and researchers. The goal is to make high-speed internet more accessible.

The Sri Lankan Navy tested Starlink’s technology. They found download speeds of 100Mbps and upload speeds of 22Mbps. These results show Starlink’s potential to improve telecom in Sri Lanka.

Starlink’s service in Sri Lanka will start on August 12, 2024. This is later than the 2023 launch first planned. Talks between TRCSL and SpaceX began on November 29, 2021.

Key Takeaways

  • Starlink receives preliminary approval to provide satellite internet services in Sri Lanka
  • Monthly rental cost: LKR 15,000; One-time hardware fee: LKR 105,000
  • Starlink aims to bridge the digital divide and bring high-speed internet to remote areas
  • President Wickremesinghe instructs relief package for school children, fishermen, and researchers
  • Starlink’s technology demonstrates impressive download and upload speeds in Navy tests

Sri Lanka Grants License to Elon Musk’s Starlink for Satellite Internet Services

Sri Lanka has taken a big step for rural internet access. The country’s telecom regulator has approved Starlink to provide satellite broadband services. This follows a meeting between President Wickremesinghe and Elon Musk in Indonesia.

They talked about speeding up the process to connect Sri Lanka to Starlink’s advanced satellite tech. This move aims to boost internet access in underserved areas of the country.

Telecommunications Regulatory Commission of Sri Lanka (TRCSL) Approves Starlink

The TRCSL has given Starlink the go-ahead to start operations in Sri Lanka. This approval is a big win for SpaceX’s mission to expand high-speed internet access globally.

Starlink focuses on bringing internet to areas that lack good connections. This includes many emerging markets around the world.

Elon Musk's SpaceX Starlink satellite

Starlink to Provide Satellite Broadband Services in Sri Lanka from August 12, 2024

Starlink will start offering its internet services in Sri Lanka on August 12, 2024. This date allows time to set up the needed infrastructure. The goal is to ensure a smooth launch of the tech across the country.

Meeting Between President Ranil Wickremesinghe and Elon Musk Paves the Way

A key meeting in Indonesia set the stage for this big agreement. President Wickremesinghe and Elon Musk talked about quickly linking Sri Lanka to Starlink.

They saw the huge potential for improving Sri Lanka’s internet access. This move could greatly boost the nation’s digital connectivity.

Aspect Details
License Granted By Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
Company Granted License Elon Musk’s SpaceX (Starlink)
Service Commencement Date August 12, 2024
Key Meeting President Ranil Wickremesinghe and Elon Musk in Indonesia

Transformative Impact on Sri Lanka’s Connectivity

Sri Lanka’s approval of Starlink’s satellite internet service is a game-changer. It paves the way for a digital revolution. This move will boost connectivity in remote areas and vital sectors like education and fishing.

Bridging Connectivity Gaps in Remote Areas

Sri Lanka faces high costs in connecting sparsely populated areas. SpaceX’s 6,000+ Starlink satellites can bridge these gaps. This aligns with Sri Lanka’s National Digital Transformation Initiative.

Enhancing Education Sector with Global Resources and Interactive Learning

Starlink’s service will revolutionize Sri Lanka’s education sector. Fast, reliable internet will unlock global resources for students and teachers. President Wickremesinghe highlights its potential to empower youth in the digital age.

Empowering Fishing Sector with Improved Navigation, Catch Management, and Market Connectivity

Sri Lanka’s fishing sector will greatly benefit from reliable satellite internet. Fishermen can access real-time weather updates and improve navigation. Better internet will also help them connect with markets more effectively.

Country Starlink Availability
Sri Lanka First South Asian country to grant Starlink a license
Indonesia Starlink services introduced to improve connectivity in remote regions
India Elon Musk has shown interest, hinting at potential future collaborations

Sri Lanka leads South Asia in granting Starlink a license. It joins countries worldwide benefiting from this cutting-edge technology. Starlink already serves remote areas across Europe, the Americas, Asia, Oceania, and parts of Africa.

Conclusion

Sri Lanka’s digital landscape is set for a revolution. The TRCSL has approved Starlink’s satellite internet services, effective August 12, 2024. This collaboration between the government and Elon Musk’s Starlink promises significant changes.

Starlink already serves 3 million users in nearly 100 countries. It’s expected to expand internet coverage, especially in rural areas. The service aims to bridge connectivity gaps across Sri Lanka.

Starlink’s low earth orbit satellites offer key advantages. They reduce latency and provide faster, more reliable connections. The service is several times quicker than existing fiber technology.

In Sri Lanka, a Starlink connection costs US$ 400 to US$ 600. The monthly fee is US$ 99. These speeds make Starlink a potential game-changer for the island nation.

Successful deployment requires collaboration with local businesses. It also needs effective customer support and robust infrastructure. Amendments to the TRC Act were crucial for Starlink’s operations.

A two-week public consultation preceded the approval. Sri Lanka looks forward to enhanced education and empowered fishing communities. The nation anticipates a brighter, more connected future for all its citizens.

Dr. Hans to Step Down from Axiata Group to Lead SL

Dr. Hans to Step Down from Axiata Group to Lead SL

Dr. Hans Wijayasuriya, a key figure in telecommunications, is leaving Axiata Group. He’s been with them for over 30 years. He played a major role in markets like Malaysia, Indonesia, and others. Now, he’s moving to head Sri Lanka’s digital drive.

Dr. Wijayasuriya won the 2024 GSMA Chairman’s Award for his global mobile industry work. He’s the new Chief Advisor to Sri Lanka’s President on Digital Economy. His work starts on January 15, 2025, advising on digital policies.

He’s still helping Axiata Group as CEO of Telecommunications Business. He’ll hold this position until he starts his new role in Sri Lanka. There, he aims to enhance the digital landscape. This move could position Sri Lanka to top Asian Frontier Markets in 2025.

Dr. Hans to Step Down from Axiata Group to Lead SL’s Digital Economy Agenda

Dr. Hans Wijayasuriya’s Departure from Axiata Group

For over three decades, Dr. Hans Wijayasuriya played a key role at Axiata Group. His work led to major changes in the telecommunications industry. He also began a leadership transition and corporate restructuring. Wijayasuriya’s guidance helped Axiata grow and reach new markets.

Celebrating a 30-Year Tenure and His Role in Telecommunications

Dr. Wijayasuriya spent more than 20 years leading Dialog Axiata. Under his watch, it grew into a top player in its market. With over 11 million customers, it moved from 4th to 1st place because of his efforts.

Axiata Group Leadership and Global Mobile Industry Impact

With Dr. Wijayasuriya in charge, Axiata Group made huge investments in Sri Lanka reaching $1.9 billion by 2015. He led the acquisition of MTT and expanded services. His push for digital solutions made Axiata a tougher competitor.

His work boosted Axiata’s operations and set the stage for future leadership. Key milestones during his time are listed in the table below:

Year Event Impact
1997-2000 Transition to Market Leader Established as No. 1 in Mobile Industry
2008-2009 Restructuring and Downsizing Rebounded within 6-8 Quarters Post-restructuring
2015 Investment in Sri Lanka Reached $1.9 Billion, Expanding Market Dominance

Transition Plan for Axiata Group and the Role of Dr. Wijayasuriya until 2025

Dr. Wijayasuriya is getting ready to leave. But a strong leadership transition plan is in place. He will advise until 2025 to help Axiata and Sri Lanka’s digital future. For more on Sri Lanka’s economy and politics, check this article.

This careful planning shows Dr. Wijayasuriya’s impact. It prepares future leaders for the changing world of telecommunications.

Dr. Hans to Step Down from Axiata Group to Lead SL’s Digital Economy Agenda

Dr. Hans Wijayasuriya is making a big change. He’s moving from Axiata Group to lead Sri Lanka’s digital economy. His goal is to boost technology use in different sectors to help the economy grow.

Appointment as Chief Advisor to President on Digital Economy

Dr. Wijayasuriya is now the Chief Advisor to President Anura Kumara Dissanayake. This move is huge for adding digital tech in government. He will focus on making departments like Customs and Inland Revenue work better online.

He plans to work with others to make the economy stronger through tech. This includes sharing technology and working together on economic development.

Strategic Vision for Sri Lanka’s Digital Transformation

Dr. Wijayasuriya has big plans for Sri Lanka’s digital future. He wants to spend money on digital tools and train a tech-savvy workforce. His aim is to make the country a tech leader in the area.

He has a plan that uses resources from both the public and private sectors. The goal is to remake digital systems to help Sri Lanka’s economy.

Leveraging Technology Adoption for Economic Development

Dr. Wijayasuriya believes using technology well can grow the economy. He wants to digitalize how the government works and support tech start-ups. The plan is to build a place where new tech leads to growth.

Working with global tech leaders is key to this strategy. Their expertise and money are important. They’ll help Sri Lanka grow in a digital world, offering both sustainability and big economic pluses.

Future Prospects: Envisioning Sri Lanka’s Digital Economy Under New Leadership

Sri Lanka’s digital economy is ready for a big change. Dr. Hans Wijayasuriya is leading this change. As the head of Dialog Axiata PLC, he brings a lot of experience. Dialog Axiata is the largest listed company on the Colombo Stock and the top foreign investor in the country. Under his leadership, Dialog Axiata’s revenue went up to Rs. 141.9 billion. This was an 18% increase from the year before, showing the power of strong digital infrastructure.

Dialog Axiata has over 17 million subscribers. In 2021, they invested about Rs. 31.7 billion in connectivity. This shows their commitment to improving Sri Lanka’s digital landscape. Because of this investment, revenue from Mobile and Fixed Broadband grew by 10% and 39%, respectively. With Dr. Wijayasuriya’s vision, Sri Lanka’s digital economy is set to get even better.

Dr. Wijayasuriya also advises the President on the digital economy. This shows Sri Lanka’s focus on digital growth. The Sri Lanka Digital Marketing Summit 2023 is a big event. It has leaders from big companies like Google and Meta. Dialog Axiata is the main sponsor and plays a big role in organizing it. This underlines their importance in boosting Sri Lanka’s digital ecosystem. Despite economic challenges, the push for digital growth is strong. This promises a future where technology leads to progress and resilience.