Policy and Regulation

Discussing government policies, regulations, and legislative changes affecting businesses and the economy, including tax laws, trade agreements, and monetary policy decisions.

Policy and Regulation

New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices

Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement.

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Policy and Regulation

Sri Lanka Implements Ban on Transport and Sale of African Swine Fever Infected Pigs

Sri Lanka has issued a gazette notice banning the transport, slaughter, and sale of pigs infected with African Swine Fever (ASF) as part.

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Government Regulations

SC Reviews Petition Over Alleged Rs. 85 Billion Loss from Lotus Tower Casino License

The Supreme Court (SC) recently addressed a petition alleging that the State incurred a loss of Rs. 85 billion due to the previous.

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Policy and Regulation

Sri Lanka to Present Interim Budget in November; Full Budget in January 2025

Sri Lanka’s new government is set to present an interim budget for the first quarter of 2025 in November, according to Prof. Anil.

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Policy and Regulation

Kavan Ratnayaka Resigns as Chairman of BOC

Kavan Ratnayaka has stepped down from his role as the Independent, Non-Executive Chairman of the Bank of Ceylon (BOC). The announcement was made.

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Policy and Regulation

CCC Highlights 10 Economic Priorities for President Dissanayake’s First 6 Months

The Ceylon Chamber of Commerce (CCC) has congratulated newly elected President Anura Kumara Dissanayake and pledged its commitment to collaborate with stakeholders on.

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Policy and Regulation

Sri Lanka’s Capital Market Awaits Policy Signals from President-Elect Dissanayake

Sri Lanka’s capital market is bracing for a cautious approach as it awaits President-elect Anura Kumara Dissanayake’s inaugural speech, with investors eager for.

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Government Regulations

Sri Lanka Cabinet Approves Bill to Modernize Cross-Border Trade

In a landmark decision, Sri Lanka’s Cabinet has approved the National Trade Facilitation Roadmap bill, marking a significant advancement in the country’s efforts.

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Trade Agreements

Sri Lanka Empowers Coconut Development Authority to Regulate Edible Oil Quality

Sri Lanka’s Coconut Development Authority (CDA) will be granted expanded powers to regulate the quality of imported edible oils, including coconut and palm.

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Government Regulations

Government to Relax Rules on Repatriation of Export Earnings

The Government has announced plans to ease the current regulations on the repatriation of export earnings in response to feedback from exporters and.

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