BiZ CoM.LK

Sri Lanka completes National Risk Assessment on money laundering and terrorist financing

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Sri Lanka has completed its third National Risk Assessment (NRA) for 2024/25 on money laundering, terrorist financing and proliferation financing, providing a comprehensive evaluation of the country’s exposure to financial crimes and emerging threats. A total of 86 government institutions, regulatory bodies and private sector organisations participated in the process, with nearly 200 experts contributing […]

Government to replace Information and Communication Technology Agency with ‘GovTech’ Institution

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The government has decided to establish a ‘GovTech’ institution to replace the Information and Communication Technology Agency (ICTA) operating under the Ministry of Digital Economy to provide a more efficient digital technology service. The aim of this reform is to accelerate the digital transformation process in Sri Lanka and increase the technological efficiency of the […]

SriLankan Airlines enhances Australia connectivity with 14 weekly flights

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SriLankan Airlines is set to increase its weekly service between Colombo and Melbourne to ten flights, effective from August 2, with the addition of three more scheduled flights in response to growing demand and evolving market dynamics. The expansion reinforces the airline’s commitment to strengthening its footprint in Australia, has been identified as one of […]

Industry leaders recognised for supporting revival of industries affected by Ditwah

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Ministry of Industry and Entrepreneurship Development and the Industrial Development Board (IDB) launched the first phase of the Industry Revival Facilitation Programme (IRFP), to assist industries affected by the Ditwah cyclone that struck Sri Lanka in late November 2025 on March 10, under the patronage of Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe. […]

Bottled water industry has huge potential to boost forex earnings

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The convener of the Central Province Drinking Water Bottle Manufacturers Association, Sapumal Kumara, emphasizes the bottled water industry has a huge potential to boost as a foreign reserve generation industry. To reach this target it should find new foreign markets, where there is a scarcity of drinking water supply. However he empathised that some of […]

A smokeless future driven by science

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By N Perera More than one billion people continue to smoke worldwide, and smoking sits in the category of avoidable, high-risk behaviour. In Sri Lanka, where 3.4 million of adults still smoke, it remains a big issue for public health. The question for policymakers, communities, and responsible companies is how smokeless nicotine products can be […]

DPMC opens Workshop Express in Ambalangoda, strengthening after-sales network and technical education support

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Continuing to strengthen its islandwide after-sales network, David Pieris Motor Company (Private) Limited (DPMC) ceremonially opened the DPMC Workshop Express in Ambalangoda. Strategically located at No. 24, Galle Road, Urawatta, Ambalangoda, the new Workshop Express is positioned in a highly convenient and easily accessible location, ensuring seamless access for Bajaj customers in the area. Conveniently […]

Seylan Tikiri revives student savings centre at S. Thomas’ Preparatory School

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Seylan Tikiri revived the Tikiri Student Savings Centre at S. Thomas’ Preparatory School during the recent Grade 1 enrolment day. On the same day, parents took an important first step towards their children’s future by opening Tikiri accounts, helping young minds learn the value of saving and smart money management from an early age. The […]

LAUGFS Rubber shines with Gold at NCE Export Awards

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LAUGFS Rubber has secured the Gold Award for the fifth consecutive year in the Extra-Large Category – Rubber Tyres and Accessories Sector at the NCE Export Awards 2025, organised by The National Chamber of Exporters of Sri Lanka. This top-tier recognition celebrates the Company’s exceptional performance in international trade, reflecting outstanding growth in export sales, […]

Alliance Finance recognised at ACCA Sri Lanka sustainability reporting awards

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Alliance Finance Company PLC (AFC) has been recognised as the Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024/25. According to the official Judges’ Report, AFC’s recognition was attributed to the issuance of Sri Lanka’s Green Bond and the dual listing of its Green Bond on the Luxembourg […]