Following a decade of substantial growth, the ICT sector in Sri Lanka is ready to participate in the fourth industrial revolution and compete in the digital age. In 2018 it launched a new brand – Island of Ingenuity (IoI) – to promote knowledge services. Created by the Sri Lanka Association for Software and Service Companies (SLASSCOM) and...
Policymakers are in the process of developing Sri Lanka’s first Digital Economy Strategy in an effort to harness technological innovation to boost productivity across sectors and promote inclusive growth. Development of the strategy, which began in 2017, is being spearheaded by the Ministry of Digital Infrastructure and Information Technology...
As more commercial transactions move online and the digital economy continues to expand into every facet of the traditional analogue economy, businesses are gaining access to new channels to reach existing clients and expand their market share with competitive digital offerings. For consumers, the digital growth promises easier access to and...
A new wave of digital innovation is reshaping Myanmar’s economy, as a remodelled national strategy and increased competition enhance the performance of the ICT sector. Prior to the liberalisation of Myanmar’s telecommunications industry, SIM cards and mobile phones were a luxury only the wealthy could afford, but they are now becoming much...
Since the liberalisation of the telecommunications industry, the Myanmar government has made a point of tailoring its digital strategy to achieve its goals on economic inclusion. With this in mind, the Telecommunications Law of 2013 gave the Ministry of Transport and Communications (MoTC) the ability to establish a Universal Service Fund (USF...
Recent efforts to narrow Myanmar’s digital divide have bolstered regional economies and transformed the technological landscape. The adoption of the latest ICT capabilities has improved efficiency in a range of areas, from agriculture to tax collection. While considerable improvements have been made, the country’s nascent digital economy...
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