CNL Reporter, Author at Colombo News Line

VAT Cut to Rs. 36m Threshold Draws SME Pushback

CNL Reporter
December 8, 2025
News, Political
SME, Sri Lanka, VAT
0 Comments

Sri Lanka’s decision to lower the VAT and SSCL registration threshold from Rs. 60 million to Rs. 36 million has sparked concern among small and medium businesses,

Central Bank Seeks Feedback on Tough New Finance Rules

CNL Reporter
December 8, 2025
Banking and Financial
Central Bank, Sri Lanka
0 Comments

Sri Lanka’s Central Bank has released sweeping amendments to the Finance Business Act for public consultation, marking a major step toward restructuring the country’s troubled non-bank financial sector.

Domestic Dollar Swaps Spark COPF Warning on Reserve Risks

Sri Lanka’s Parliament Committee on Public Finance (COPF) has raised serious concerns over the Central Bank’s treatment of foreign exchange swaps,

Cyclone Damage Puts Sri Lanka’s Tea Exports at Risk

Sri Lanka’s tea industry faces significant disruption following last week’s cyclone, with exporters warning of delays, machinery losses and major transport bottlenecks.

UK Deal Boosts Sri Lanka’s Specialty Coffee Ambitions

CNL Reporter
December 7, 2025
Business News, News
Specialty Coffee, Sri Lanka, UK
0 Comments

Sri Lanka’s specialty coffee sector received a major boost with The Beans Coffee Factory signing a landmark MoU with Smart Coffee UK during the Curated Coffee Showcase in Colombo.

Sri Lanka Warned of Export Risks after Cyclone Damage

Sri Lanka’s export performance, which was on track to exceed USD 16–17 billion this year, is facing renewed risks following disruptions caused by Cyclone Ditwah.

Tourist Arrivals Hold Firm Despite Cyclone Disruptions

Sri Lanka’s tourism industry is showing unexpected resilience despite significant disruptions caused by Cyclone Ditwah.

Sri Lanka Seeks Dual IMF Support amid Cyclone Crisis

CNL Reporter
December 7, 2025
News, Political
IMF, Sri Lanka
0 Comments

Sri Lanka has formally requested USD 200 million in rapid assistance from the IMF as the country grapples with the extensive damage caused by Cyclone Ditwah.

Rs. 500 Billion Funding Clash Intensifies Post-Cyclone Recovery Debate

CNL Reporter
December 7, 2025
Political
Cyclone, Sri Lanka
0 Comments

Sri Lanka’s post-cyclone recovery effort has triggered a major debate in Parliament,

Strong Demand for Sri Lanka’s First Post-Default Dollar Bond

CNL Reporter
December 6, 2025
Banking and Financial, News
Dollar Bond, Sri Lanka
0 Comments

Sri Lanka has raised US$50 million from its first domestic Dollar Bond auction since the 2022 debt crisis, signalling renewed confidence in the country’s financial recovery.