Industry News - Lanka Websites

Sri Lanka FIU AML Overhaul: Banking Prepares for 2026 Global Evaluation

Sri Lanka's Financial Intelligence Unit (FIU) issued comprehensive AML/CFT directives in December 2025, compelling the banking sector to invest LKR 5 billion in advanced transaction monitoring systems ahead of the critical 2026 FATF mutual evaluation review that determines global financial credibil...

Dec 25, 2025

Industry News 3 min read

Dialog Axiata's Nationwide 5G: Sri Lanka's Digital Backbone Live

Dialog Axiata activated Sri Lanka's most extensive 5G network in December 2025, delivering peak download speeds of 1.2Gbps to 1.5 million users across Colombo, Kandy, Galle, and emerging regional hubs including Jaffna and Matara. Covering 85% urban populations and 40% rural through 500 newly deploy...

Dec 25, 2025

Industry News 1 min read

Varna Limited's Packaging Awards Sweep: Excellence in Manufacturing

Varna Limited has emerged as the star of the night at the National Packaging Awards 2025, securing multiple gold awards for innovation and sustainability. The company was recognized for its new line of biodegradable flexible packaging, which meets rigorous international export standards. The win...

Dec 23, 2025

Industry News 1 min read

Chinese Investments in AI, Robotics, and EVs: Industrial Pivot

Sri Lanka is witnessing a surge in high-tech investments from China, specifically targeting the Artificial Intelligence, robotics, and Electric Vehicle (EV) assembly sectors. Several agreements signed this quarter pave the way for technology transfer and the establishment of assembly plants in the...

Dec 23, 2025

Industry News 1 min read

National Industry Information System Launch: Data-Driven Policy

The Ministry of Industries has officially launched the National Industry Information System (NIIS), a comprehensive digital database designed to map the country's industrial landscape. The system will track production capacities, raw material requirements, and export data in real-time. "For too...

Dec 23, 2025

Industry News 1 min read

Industry Recovery Foster Programme Supports 16,476 Businesses

The Ministry of Industries reported today that the "Industry Recovery Foster Programme" has successfully extended support to 16,476 businesses affected by the recent environmental disaster. The program provided technical assistance, raw material subsidies, and machinery repair grants. Industrial...

Dec 22, 2025

Tourism & Hospitality 4 min read

Sri Lanka Tourism in 2025: How Cyclone Ditwah Hit Peak Season and What It Means for 2030 Growth

Sri Lankan tourism is on a clear long‑term recovery path and is still likely to grow in 2026–2030, but Cyclone Ditwah will probably shave a few percentage points off late‑2025 performance and may slow momentum in early 2026 unless marketing and resilience measures are executed well. Recent...

Dec 20, 2025 1

Tourism & Hospitality 7 min read

How tourism industry is recovering in Sri Lanka after cyclone Ditwah

Sri Lanka's pristine beaches, ancient temples, and lush tea plantations have long captivated travelers from around the world. However, when Cyclone Ditwah struck the island nation, it left a significant mark on the country's vital tourism sector. Today, we explore the remarkable journey of recovery...

Dec 20, 2025 1