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SMEs Fear Pressure as New Insolvency Framework Advances

Source: Lanka News
Category: Business
Region: Sri Lanka
Published: May 05, 2026 at 07:28

πŸ“ Summary

Sri Lanka’s proposed insolvency law is designed to modernise debt resolution and attract investment, but small and medium enterprises (SMEs) warn that it could inadvertently increase pressure on already vulnerable businesses if key issues remain unresolved. The Bill, currently under review by the Committee on Public Finance chaired by Harsha de Silva, introduces a shift […] The post SMEs Fear Pressure as New Insolvency Framework Advances appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
🏷️ Keywords:
smes pressure insolvency fear framework advances lanka proposed designed modernise

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