Business LNP - Sri Lankans spend Rs.520 million per day on cigarettes
In lieu of the upcoming World No Tobacco day, a study revealed that Sri Lankans spend Rs. 520 million per day on cigarettes and the health and economic costs…
Business News
Business 
Business LNP - Cost of living in Sri Lanka has doubled since 2021 – CBSL
The Central Bank of Sri Lanka (CBSL) states that the cost of living for individuals in the country has doubled compared to 2021. However, the increase in the…
Business LNP - Colombo Stock Exchange records landmark single-day turnover
The Colombo Stock Exchange (CSE) recorded a significant milestone today (27), with its total market turnover reaching Rs. 18.7 billion, one of the highest…
Business LNP - UK Trade Envoy on inaugural visit to Sri Lanka
The UK Prime Minister’s Trade Envoy for Sri Lanka, Lord Hannett of Everton, is visiting Colombo from 25 to 28 May. This is his first visit to Sri Lanka…
Business LNP - Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepen bilateral ties in areas such as trade, tourism and agriculture.…
Business LNP - India overtakes Japan to become the fourth-largest economy: NITI Aayog CEO
India overtakes Japan to become the fourth largest economy in the world, Aayog CEO BVR Subrahmanyam has said. Subrahmanyam says the overall geopolitical and…
Business LNP - Malini Fonseka’s remains brought to National Film Corporation
The body will lie in state at the Tharangani Hall of the National Film Corporation today, while the public will also be given an opportunity to pay their…
Business LNP - Over 15% Sri Lankans lost their jobs due to economic crisis, new data suggests
A total of 15.1% of Sri Lankans lost their jobs due to the impact of the economic crisis in 2023, according to the Department of Census and Statistics. The…
Business LNP - Increasing productivity to attract investments vital for Sri Lanka - PM Harini
Prime Minister Dr. Harini Amarasuriya stated that the development of a country depends on the productive contribution its citizens make towards the nation. The…
Business LNP - CEB proposes 18.3% electricity tariff hike for June–Dec 2025
The Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) seeking an 18.3% increase in electricity…
Business LNP - Issuing of vehicle number plates halted due to shortage
Due to a shortage of vehicle number plates, the Department of Motor Traffic (DMT) has announced that the issuing of number plates has been suspended from April…
Business LNP - Two Sri Lankan entrepreneurs shine on Forbes 30 Under 30 Asia list
Sri Lanka celebrates a key milestone as two of its young and emerging entrepreneurs Yanika Amarasekera-Siyaguna and Charith N Silva, have been named to the…
Business LNP - Litro Gas issues statement on strike by manpower workers
The Litro Gas Company says that the strike action launched today (May 14) by a group of manpower workers at the Litro Gas Terminal in Kerawalapitiya, in…
Business LNP - Excise gains record revenue of Rs. 83 billion in first four months
A record gain of revenue amounting to over Rs. 83 billion has been achieved by the Department of Excise during the first four months of this year, even…
Business LNP - Sri Lanka records surge in tourist arrivals and earnings in early 2025
The Sri Lanka Tourism Development Authority (SLTDA) reports that 33,910 international tourists arrived in the country during the first week of May 2025,…
Business LNP - Disaster loan limit for public employees increased to Rs 400,000
The Ministry of Public Administration, Provincial Councils and Local Government has issued a new circular introducing revised provisions for the disbursement…
Business LNP - Cabinet greenlights minimum wage hike for private sector employees
The government has taken another step towards ensuring the national minimum monthly and daily wages of private sector employees be increased in parallel with…
Business LNP - EU reminds Sri Lanka of GSP+ conditions
The European Union (EU) has reiterated the urgency for Sri Lanka to align its domestic laws with the international human rights and labour conventions, if it…
Business LNP - After banning imports, India now bars Pakistani ships from entering its ports
After banning all imports from Pakistan, India on Saturday barred Pakistan-flagged ships from entering any of its ports, following the barbaric attack in Jammu…
Business LNP - Govt eases several more restrictions on vehicle imports
The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025. The…
Business LNP - Colombo’s inflation climbs in April
The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0% in April 2025, compared to…
Business LNP - Importers deny drop in vehicle sales, 75% of imports already sold
While rejecting media reports claiming there is a decrease in sales of imported vehicles, the Vehicle Importers’ Association of Sri Lanka (VIASL) said today…
Business LNP - Sri Lankan state banks’ capital vulnerable despite profit gains: Fitch
Fitch Ratings expects Sri Lanka’s state banks to continue to report weaker regulatory capital ratios than systemically important private banks, despite…
Business LNP - Sri Lanka and US agree to expedite bilateral trade agreement
Sri Lanka and the United States have agreed to continue discussions aimed at finalizing a bilateral trade agreement between the two countries in the shortest…