LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
11 June, 2013 07:13 AM Source: Financial Times - Sri Lanka

The 2012 Annual Report of the Ministry of Finance and Planning released on Friday has emphasised that Information Communication Technology (ICT) is the key to reforms in Sri Lanka particularly on service delivery and capacity developments. 

It highlights significant improvements made in the ICT sector in 2012 under the ICTA initiated ‘e-Sri Lanka’ program.

“Many service delivery improvements have been achieved in Sri Lanka especially with the aid of information technology. Supporting such advancements achieved, the ICT literacy rate in Sri Lanka has surpassed 35% in 2012 from 8% in 2005.

e-network readiness  in the backdrop of ICT advancements made through initiatives led by the ICT Agency (ICTA) and all its stakeholders as already noted, Sri Lanka made significant advancements in the Networked Readiness Index (NRI) while Sri Lanka was ranked 71st out of 142 countries in 2011, it improved to the 69th position out of 144 countries, in 2012. Sri Lanka is now ahead of Indonesia, Thailand, Vietnam and the Philippines,” the Finance Ministry Annual Report says.

Going forward the Report has emphasised the need for adequate flexibility in labour related regulatory arrangements is needed to sustain skills diversity, labour mobility and the productive deployment of labour resources, particularly in enegiszing the IT/BPO industries.

As per the report, the computer and information services sub sector reflected a significant improvement generating $ 436 million in 2012 compared to $ 355 million in 2011 and $ 82 million in 2005. More...

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus

Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014


Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?