Sri Lanka’s 2026 Budget decision to reduce the VAT and Social Security Contribution Levy (SSCL) threshold from LKR 60 million to LKR 36 million is raising alarm among SMEs and consumers.
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Sri Lanka’s external sector is showing renewed strain as the current account fell into deficit for the second straight month, with October posting a USD 199.5 million shortfall.
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Sri Lanka’s government is merging HDFC and SMIB with Bank of Ceylon (BOC) and People’s Bank (PB) in a landmark housing finance overhaul.
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Sri Lanka’s apparel and made-up articles exports grew 6.12% YoY from January to October 2025, according to the Joint Apparel Association Forum (JAAF),
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Sri Lanka’s private sector credit expanded sharply from April to September 2025, with agriculture and personal loans leading the recovery after early-year contractions, according to CBSL data.
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Sri Lanka’s extended ban on new oil-palm cultivation and crude palm oil (CPO) imports is emerging as a costly economic challenge, draining foreign exchange and crippling exports. Since April 2021,
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Farmers in Sri Lanka’s Colombo, Kurunegala, and Anuradhapura districts have recorded dramatic gains in fruit production after adopting cultivation practices guided by Chinese experts,
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The Sri Lanka Ports Authority (SLPA) will remit Rs. 5 billion to the Consolidated Fund this year,
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Sri Lanka’s most comprehensive tourism survey has revealed strong visitor interest but weak sector performance due to poor promotion and slow government response. Conducted from July 2024 to June 2025,
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Chairman of the Palm Oil Industry Association of Sri Lanka (POIA) Dr. Rohan Fernando
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