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, eve...
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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 202...
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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 parall...
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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...
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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. Th...
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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, com...
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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) sa...
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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, desp...
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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 s...
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LNP - Apple to shift entire US iPhone assembly to India by 2026 amid trade war
Apple plans to relocate the assembly of all iPhones destined for the United States to India as early as next year, as escalating US-China trade tensio...
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LNP - Sri Lanka’s economy shows remarkable recovery in 2024, says World Bank
Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected ...
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LNP - SLTB earns nearly Rs. 1.3 billion revenue in 9 days
Special bus services will continue to operate for commuters returning to Colombo after the Sinhala and Tamil New Year, according to the Transport Mana...
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LNP - SL ready to scrap para tariffs on imports from US
In its bid to retain access to the U.S. market in the wake of reciprocal tarrifs, Sri Lanka has proposed to do away with para tarrifs on imports from ...
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LNP - Expressways generate over Rs. 100 mn revenue in 48 hours
The revenue generated from expressway tolls on 11 and 12 April has exceeded Rs. 100 million, the Road Development Authority (RDA) said. The total...
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LNP - More time needed to gauge impact of global shocks on Sri Lanka’s economy: IMF
The International Monetary Fund (IMF) says that the Sri Lankan government remains committed to program objectives and implementation is strong and com...
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LNP - Private sector minimum wage to be increased to Rs. 27,000
The national minimum monthly wage in the private sector will be increased to Rs. 27,000 this year, according to the budget proposals, the Ministry of ...
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LNP - Cabinet approval to increase minimum wage of private sector employees
The Cabinet of Ministers has granted approval to a proposal to increase the monthly minimum wage of private sector employees from Rs. 17,500 to Rs. 27...
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LNP - Adani Ports shares rise nearly 4% as Colombo terminal operations commence
Adani Ports and Special Economic Zone (APSEZ) shares surged 3.6% to their intraday high of Rs 1,151.95 on the BSE on Tuesday after the company officia...
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LNP - More than 50 countries have contacted White House to start trade talks, Trump adviser says
More than 50 countries have reached out to the White House to begin trade talks, a top economic adviser to U.S. President Donald Trump said on Sunday ...
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LNP - CSE dips again amid ongoing global trade tensions
By Almas Equities Research The Colombo Stock Exchange (CSE) extended its losses as uncertainty over global tariff negotiations continued to weigh on i...
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LNP - Excise earns record revenue of Rs.61Bn in 2025 first quarter
One of the three main revenue-generating arms of the country and the competent authority regulating the liquor industry, the Excise Department of Sri ...
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LNP - China to impose 34% retaliatory tariff on all goods imported from US
China on Friday announced a slew of additional tariffs and restrictions against U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. Pre...
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LNP - Apparel sector in jeopardy as US slaps new reciprocal tariff
Sri Lanka’s apparel sector, the country’s largest export industry, is bracing for a major setback after the United States announced steep tariff h...
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