Policy and Regulation

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

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.

March 20, 2024

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.