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.
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
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.
- September 23, 2024
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.
- September 6, 2024
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.
- August 14, 2024
Monetary Policy
Sri Lanka to Revamp Tax System in IMF Deal
Sri Lanka agreed to a revised deal with the IMF that includes significant tax changes: These changes are expected to be approved by.
- June 14, 2024
Breaking News
Policy and Regulation
CBSL Announces Partial Relaxation of Foreign Exchange Restrictions
Sri Lanka’s Central Bank (CBSL) has announced a partial easing of foreign exchange controls, effective June 20th, 2024. This new regulation follows a.
- June 13, 2024
Policy and Regulation
World Bank Urges Sri Lanka to Continue State-Owned Enterprise Reform
The World Bank is advocating for Sri Lanka to press on with its reforms of state-owned enterprises (SOEs), arguing that even profitable ones.
- April 15, 2024
Policy and Regulation
Sri Lanka Grapples with Taxing the Digital Economy
Sri Lanka is facing a pressing challenge: how to tax the burgeoning digital economy. Tax professionals are urging policymakers to implement fair and.
- April 8, 2024
Government Regulations
Policy and Regulation
Sri Lanka Extends Free Visa Program, Tourist Arrivals Surge
Sri Lanka has announced the extension of its free visa on arrival program, initially offered as a pilot project to seven countries: India,.
- April 3, 2024
Government Regulations
Policy and Regulation
The Minimum Room Rate Debate: A Threat to Sri Lanka’s Tourism Revival?
The Sri Lankan tourism industry is embroiled in a heated debate regarding the recently implemented Minimum Room Rates (MRR). While the Sri Lanka.
- April 3, 2024