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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LNP - USA Tariff slap – Significant risk to SL economy
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
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
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
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
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
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
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
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
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
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
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
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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LNP - Sri Lanka eyes international alliances to boost tourism industry growth
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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LNP - Sri Lanka’s economy grew 5% in 2024: CBSL
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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LNP - Some 400 vehicles stuck at Customs due to import rule change: VIAL
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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LNP - New regulations for importing hybrid and electric vehicles announced
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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LNP - Sri Lanka ‘welcomes’ investment opportunities from Adani - Cabinet Spokesman
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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LNP - Vehicles imported into Sri Lanka must be registered within 90 days – Ministry of Finance
Officials representing the Ministry of Finance, Planning and Economic Development stated that vehicle imports have been allowed under certain conditio...
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LNP - Sri Lanka’s tourism earnings surge to $400 million in January 2025
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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LNP - Strong start for Sri Lanka’s exports in 2025: January earnings rise 10.3%
Sri Lanka’s export earnings for January 2025 were recorded at USD 1.334 billion, marking a promising start to the year and reflecting a 10.3% increa...
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