Policy and Regulation

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

Trade Agreements

Sri Lanka Faces 50,000 Job Losses as US Tariff Threat Looms

FTZMA Warns of Export Crisis, Urges Product Diversification, Market Expansion, and Tech Adoption to Safeguard Competitiveness Sri Lanka’s export economy is bracing for.

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Trade Agreements

Sri Lanka Ratifies Stage I of WTO Fisheries Subsidies Agreement: A Move Toward Sustainable Ocean Governance

Cabinet approval signals commitment to curbing IUU fishing, protecting marine resources, and boosting global trade access through fisheries subsidies reform. Sri Lanka Advances.

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Policy and Regulation

Exporters Sound Alarm Over SVAT Removal Amid Economic Strain

Sri Lanka’s export sector is pushing back against the government’s decision to dismantle the Simplified Value Added Tax (SVAT) system in October, warning.

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Trade Agreements

Sri Lanka President to Sign Key Agreements During Official Visit to Vietnam

Sri Lanka’s President Anura Disanayaka is set to visit Vietnam from May 3 to May 6, with a series of important bilateral trade.

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Policy and Regulation

Sri Lanka Moves Forward with Regulated Gambling Market

Colombo | April 21, 2025 — Sri Lanka is taking a decisive step toward a formal gambling regulatory framework as the Cabinet has.

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Policy and Regulation

Sri Lanka to Impose 15% Tax on Freelancers and Individuals’ Forex Earnings

Individuals in Sri Lanka, including freelancers earning foreign exchange through services provided to external clients, will be subject to a 15% tax starting.

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Policy and Regulation

Sri Lanka Cabinet Moves Forward with Casino Regulator Law

Sri Lanka’s cabinet of ministers has granted policy approval to draft legislation for establishing a casino regulatory authority, Minister Nalinda Jayatissa announced. The.

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Policy and Regulation

Sri Lanka Central Bank Warns Against Unauthorized Use of ‘Finance’ in Company Names

Sri Lanka’s central bank has issued a warning regarding the unauthorized use of the word ‘Finance’ in company names, highlighting a violation of.

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Government Regulations

SLRA Applauds Government’s VAT Refund Scheme for Tourism

The Sri Lanka Retailers’ Association (SLRA) has welcomed the Government’s approval of a VAT refund program for tourism, a move expected to enhance.

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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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