Boost for Sri Lanka’s Kankesanthurai Port with Indian Grant
Sri Lanka’s Port of Kankesanthurai (KKS) is set for a significant upgrade with a USD 61.5 million grant from the Indian government. This.
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
Trade Agreements
Policy and Regulation
Empowering Sri Lankan SMEs: A Public-Private Partnership between Unilever and IDB
Unilever Sri Lanka and the Industrial Development Board (IDB) have joined forces to uplift Micro, Small and Medium Scale Enterprises (MSMEs) in Sri.
- March 19, 2024
Policy and Regulation
Northern Province Receives Boost in Development Aid
The Minister of Fisheries, Douglas Devananda, recently announced a significant development for the Northern Province. India, China, and Japan have pledged a combined.
- March 18, 2024
Policy and Regulation
Enhancing Financial System Stability: The Central Bank of Sri Lanka’s Macroprudential Policy Framework
The Central Bank of Sri Lanka (CBSL) has taken a significant step towards promoting financial system stability through the publication of the Macroprudential.
- March 15, 2024
Government Regulations
Policy and Regulation
Tech
Technological Advancements
Sri Lanka Streamlines Customs Bonded Warehouse Framework
The Sri Lankan Cabinet of Ministers has approved a revised policy framework governing Customs Bonded Warehouses (CBWs). This move aims to modernize the.
- March 6, 2024
Policy and Regulation
Mandatory Income Tax Registration Benefits National Revenue, Says Peradeniya University Professor
Senior Professor Wasantha Athukorale of Peradeniya University’s Economics and Statistics Department asserted that opposition to the mandatory income tax registration for all citizens.
- February 20, 2024
Policy and Regulation
Inland Revenue Department Surpasses Tax Revenue Target in 2023
In a significant achievement, the Inland Revenue Department (IRD) of Sri Lanka has surpassed its highest-ever tax revenue target, reaching Rs. 1,550.6 billion.
- February 20, 2024
Policy and Regulation
Sri Lanka’s Path to Economic Recovery Amidst Monetary Challenges
Sri Lanka finds itself on the familiar road to recovery following a series of economic setbacks triggered by a currency crisis, depreciation, and.
- February 20, 2024
Policy and Regulation
Central Bank Unveils Plans for 2024 to Foster Economic Recovery
In a bid to bolster economic recovery efforts, the Central Bank has revealed its comprehensive strategy for 2024 in its recently unveiled ‘Annual.
- February 20, 2024