LNP - Sri Lanka’s economy shows remarkable recovery in 2024, says World Bank

2025-04-23   |   Business

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

2025-04-20   |   Business

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

2025-04-17   |   Business

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

2025-04-13   |   Business

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

2025-04-11   |   Business

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

2025-04-10   |   Business

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

2025-04-08   |   Business

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

2025-04-08   |   Business

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

2025-04-07   |   Business

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

2025-04-05   |   Business

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

2025-04-05   |   Business

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

2025-04-04   |   Business

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

2025-04-04   |   Business

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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LNP - USA Tariff slap – Significant risk to SL economy

2025-04-04   |   Business

By Dr. Kenneth De Zilva The United States yesterday announced and introduced a significant shift in its trade policy by imposing tariffs on imports, m...

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LNP - Trump announces sweeping global trade tariffs - including 44% on Sri Lanka

2025-04-03   |   Business

United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing a baseline 10 per cent tax on all imports a...

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LNP - Colombo’s inflation climbs to -2.6% in March

2025-03-28   |   Business

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.6% in March 2025, com...

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LNP - Sri Lanka’s economy still vulnerable, sustaining reform momentum critical - IMF

2025-03-28   |   Business

The International Monetary Fund (IMF) says that the economic recovery is gaining momentum in Sri Lanka and that yet, the economy still remains vulnera...

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LNP - Trump announces 25% tariffs on car imports to US

2025-03-27   |   Business

BBC - US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen ...

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LNP - No tax revisions on vehicle imports this year - Hulangamuwa

2025-03-25   |   Business

Senior Economic Advisor to the President, Duminda Hulangamuwa, confirmed that there will be no revision of taxes on vehicle imports this year.  A...

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LNP - Be cautious with unknown investments, warns Central Bank Governor

2025-03-24   |   Business

A lack of financial literacy is the primary reason many Sri Lankans fall victim to pyramid schemes, says the Governor of the Central Bank of Sri Lanka...

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LNP - Tea exports dip in February

2025-03-24   |   Business

Sri Lanka’s tea exports fell in February, with volumes down 1.91 million kilograms year-on-year (YoY) to 20.40 million kilograms, industry data show...

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LNP - CID raises new suspicion over Piumi Hansamali’s cosmetics business

2025-03-21   |   Business

The Colombo Magistrate’s Court has directed the Illegal Assets Investigation Unit of the Criminal Investigation Department (CID) to further investig...

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LNP - Second lot of vehicles for domestic market discharged from HIP

2025-03-21   |   Business

The Hambantota International Port (HIP) successfully discharged the second batch of vehicles for the domestic market last week.  A total of 1,159...

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LNP - HIP successfully discharges second batch of vehicles for domestic market

2025-03-20   |   Business

Hambantota International Port (HIP) has successfully discharged its second batch of vehicles for the domestic market last week, continuing to strength...

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LNP - Gazette issued amending import and export regulations

2025-03-20   |   Business

A Gazette Extraordinary has been issued amending multiple import and export regulations, including a key change allowing Bureau Veritas inspection cer...

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