At stake is the competitiveness of Sri Lankan goods in the vital American market. With apparel, rubber, spices, and other sectors already under pressure from
The Inland Revenue Department (IRD) of Sri Lanka has announced a significant tightening of quarterly tax reporting rules for banks and financial institutions, a move
Sri Lanka’s ICT industry – often hailed as a beacon of modernisation, export growth, and skilled employment – is warning of a major setback in
Sri Lanka’s economy is at a critical juncture in 2025 as the United States, under President Donald Trump, imposes a 30% tariff on all Sri
Sri Lanka’s rubber industry, a cornerstone of the nation’s economy for over 160 years, is facing a critical moment. Once a global leader in natural
Introduction: The Case for Reform Sri Lanka’s local industries are demanding an urgent overhaul of the country’s e-commerce regulatory framework. Business leaders argue the current
Trade wars between global giants are not new, but each new round carries fresh risks and opportunities. In 2025, tensions between the United States and
Published: July 4, 2025 | Author: Lanka Biz News Team As the sun rises over Sri Lanka on this Friday morning, July 4, 2025, at
Starlink in Sri Lanka is officially live. Elon Musk’s SpaceX-powered satellite internet service has been approved by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
Sri Lanka’s economy is forecast to grow 3.5–3.9% in 2025 after the latest IMF disbursement. But new global headwinds, export tariff risks, and structural reforms
