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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LNP - Colombo’s inflation down further in February
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
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
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
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
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
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
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
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
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?
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
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
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
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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LNP - Sri Lanka’s transport sector to be modernized with new fleet
Sri Lanka’s public transport sector is to be modernised with the introduction of 1,000 new buses including low-floor and super luxury buses to the f...
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LNP - Sri Lanka announces luxury tax rates on imported private vehicles
The Sri Lankan government has published Gazette Notification No. 2421/41, signed by President Anura Kumara Dissanayake in his capacity as the Minister...
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