A shift that expands the net Sri Lanka’s 2026 Budget introduces a decisive tax reform: the reduction of the Value Added Tax (VAT) and Social
Sri Lanka’s economy, still rebuilding after its worst crisis in decades, faces a defining challenge, how to raise sustainable government revenue without crushing enterprise. The
On October 22, 2025, Hayleys PLC announced its entry into Sri Lanka’s supermarket sector, unveiling plans to launch 100 outlets across the country. For a
Sri Lanka’s economy has moved from crisis stabilisation to a sustained recovery. Growth has returned across multiple quarters, inflation has cooled, and confidence has improved
A foreign bank’s decision to exit a country’s retail franchise is rarely a one-off curiosity. It is a structural event that reshapes competition, pricing, customer
The programme at a glance IMF Review Scorecard? Sri Lanka entered into a 48-month Extended Fund Facility in March 2023 for SDR 2.286bn (~US$3bn). The
Investor conversations about Sri Lanka in late 2025 share a consistent theme: macro indicators are stabilising, yet confidence remains cautious. The U.S. State Department’s 2025
With just days to go before the abolition of Sri Lanka’s Simplified VAT (SVAT) regime, leading export associations are warning of a severe liquidity shock
Sri Lanka’s Revenue Administration Management Information System (RAMIS), a Rs.10 billion digital tax platform launched in 2016, is underperforming and exposed to serious risk, according
Governments across the world have historically launched businesses to provide essential goods and services or to seed industries that the private sector was too small
