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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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As the world gradually recovers from the pandemic’s impact, Sri Lanka is positioning itself as a top-tier tourist destination, seeking to forge inte...
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The Sri Lankan economy recorded a strong turnaround registering overall growth of 5% for 2024 amid renewed macroeconomic stability, says the Central B...
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The Vehicle Importers Association of Lanka (VIAL) claimed today that around 400 vehicles have been stuck at the Sri Lanka Customs for over 20 days due...
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Customs authorities have announced new regulations for importing motor vehicles, including hybrid and electric vehicles. The Customs value of used veh...
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Sri Lanka has not changed its stance on doing business with India’s Adani Group and welcomes investment opportunities from the conglomerate, the cou...
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Officials representing the Ministry of Finance, Planning and Economic Development stated that vehicle imports have been allowed under certain conditio...
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Sri Lanka’s tourism industry recorded earnings of $400.7 million in January 2025, according to the latest data from the Central Bank of Sri Lanka (C...
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