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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LNP - Sri Lanka eyes international alliances to boost tourism industry growth

2025-03-19   |   Business

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

2025-03-19   |   Business

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

2025-03-18   |   Business

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

2025-03-14   |   Business

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

2025-03-11   |   Business

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

2025-03-06   |   Business

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

2025-03-03   |   Business

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%

2025-02-28   |   Business

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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LNP - Colombo’s inflation down further in February

2025-02-28   |   Business

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has decreased to -4.2% in February 2025, ...

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LNP - Central Bank warns against unauthorized use of ‘Finance’ in business names

2025-02-27   |   Business

The Central Bank of Sri Lanka (CBSL) has issued a warning against the use of word ‘Finance’ in business names. Accordingly, the CBSL clarified tha...

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LNP - First batch of imported personal vehicles arrives at Colombo Port after 5-year hiatus

2025-02-26   |   Business

The first batch of vehicles imported for private use arrived at the Colombo Port on Tuesday (25), following the Sri Lankan government’s decision to ...

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LNP - Boost for digital economy with Rs.3bn budget allocation

2025-02-18   |   Business

The government has allocated Rs.3 billion for its digital transformation strategies this year, as part of its efforts to generate US $ 15 billion in r...

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LNP - Public sector salary increase: Minimum basic salary raised by Rs. 15,750

2025-02-17   |   Business

The government has proposed a revision to the public sector salary structure as part of the 2025 Budget, improving the minimum wages and streamlining ...

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LNP - Prominent Sri Lankan businessman Inayet Akbarally passes away

2025-02-16   |   Business

Renowned businessman Inayet Akbarally, a prominent figure in Sri Lanka’s business community, has passed away at the age of 88. Mr. Akbarally was a p...

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LNP - Budget expectations: Tourism sector urges reasonable duty concessions on vehicle imports

2025-02-13   |   Business

The Chairman of the Sri Lanka Tourism Development Authority (SLTDA), Buddhika Hewawasam says that the government must focus on enhancing air connectiv...

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LNP - Exporters seek tax relief and cost reductions in 2025 Budget

2025-02-12   |   Business

The National Chamber of Exporters (NCE) is calling for relief measures in the upcoming 2025 Budget to help businesses recover from years of economic c...

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LNP - Exporters seek tax relief and cost reductions in 2025 Budget

2025-02-12   |   Business

The National Chamber of Exporters (NCE) is calling for relief measures in the upcoming 2025 Budget to help businesses recover from years of economic c...

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LNP - Further delays expected in salt imports?

2025-02-08   |   Business

The Salt Producers’ Association has stated that the import of salt will be further delayed due to the delays in issuing the necessary certificates b...

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LNP - Sri Lankan journalists among countries receiving USAID funding for LGBT causes

2025-02-06   |   Business

The Trump administration revealed details of how the United States Agency for International Development (USAID) funded various projects in several cou...

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LNP - Cabinet nod to import coconut kernel-related products equivalent to 200M coconuts

2025-02-05   |   Business

The Cabinet of Ministers has granted approval to import a capacity equal to 200 million coconuts of coconut kernel-related products and dried coconut ...

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LNP - New vehicles arriving soon; second-hand market to drop 10-15%: Importers

2025-02-02   |   Business

New vehicles will arrive in the country within the next two or three weeks. After their arrival, the existing second-hand market in the country is exp...

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