Business Times

National ICT performance targets even higher over next two years

While Sri Lanka scored in the "middle" in the latest World Bank report on ICT, out of a possible high of 10; the country will raise this score to a 7 in the next two years, even higher than that of more developed countries, according to the Director General of the country's Telecommunication Regulatory Commission (TRC), Priyantha Kariyapperuma.

The latest report gave each South Asian country, including Sri Lanka, a score between 3 and 4 for overall ICT performance. This emerged during the recent launch of the World Bank's "Information and Communications for Development 2009: Extending Reach and Increasing Impact (IC4D)" publication occurring on the sidelines of the e-Asia ICT conference held in Colombo.

Further, again according to Mr. Kariyapperuma, there are currently 120,000 local ADSL subscribers, a number expected to rise to 200,000 by the end of the first quarter 2010. In addition, there are 100,000 broadband customers so far, equivalent to a broadband penetration of 20%.

Interestingly, according to the World Bank report, for "every 10 percent increase in high speed Internet connections", there was 1.3 percent economic growth. Also, "Internet users in developing countries increased tenfold from 2000 to 2007" and; "Less than 15 percent of the potential global market for IT services industries is being exploited. In 2007, this market represented nearly US$500 billion".

Top to the page  |  E-mail  |  views[1]
Other Business Times Articles
Political parties, companies must declare funding
Softlogic to sell minor stake in new hospital
Lankan liquor firm to open insurance unit
Trinco to get $2.4 bln steel plant investment
Nation Lanka Finance wins support over rights
Comment - Dirty Harry strikes again
Hayleys PLC: Focusing on Corporate Responsibility
Why MBAs should not sign the Harvard Business School oath
Leisure, banking and manufacturing sectors to grow in 2010
F&G to restart as Island Finance Co.
Lankan consumers say children’s education tops priority list: Survey
Lankan growth rate to drop unless demographic impacts countered
Nestlé helping to develop dairy industry in the East
Kerala eyes Sri Lankan mineral sand for titanium projects
Serious loss of capital at Blue Diamonds Jewellery
100 more Cargills Food City outlets to be rolled out
Sri Lanka will be among the richest in Asia — Fowzie
Sri Lanka aims to make the best tuna in the world
Touchwood profits down
CFA Sri Lanka named official sponsor of the Global Investment Performance Standards
Cruising to Colombo
Top outsourcing firms to come to Sri Lanka
Reduction of broadband pricing will make it more popular amongst poor
Rice shortages expected next year, prices already heading up
Sri Lanka has oversized public service and huge cabinet of ministers
2010's WiMAX deployment will need new infrastructure
Zambia opens Honorary Consulate in Colombo
Rajitha Kariyawasan replaces Ananda Hettiarachchy at Haycarb
Sri Lankan spices can help double per capita incomes in 5 years – PBJ
National ICT performance targets even higher over next two years
Inflation up in November 2009
ADB - 50% recent drop in global trade due to trade finance
Intel extends education offerings to SL govt.
Sri Lanka’s first aviation-related Sinhala magazine
Shell shocked by cylinder losses
Resistance to banking regulation from directors
Loss of capital at Kahawatte Plantations
Corporate stewardship and board room governance
Sampath Bank named Best Corporate Citizen of Sri Lanka
Slimmer desktop computers to go on sale in January
Foreign investment discussion at Sunday Times Biz Club
Milcris, a Sri Lankan firm riding high in Muscat


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2009 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution