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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LNP - Sri Lanka’s transport sector to be modernized with new fleet

2025-02-01   |   Business

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

2025-02-01   |   Business

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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LNP - Sri Lankan govt. imposes 9 conditions on vehicle imports

2025-02-01   |   Business

The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazett...

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LNP - Higher demand on importing vehicles under three years old may raise auction values in Japan: Importers

2025-01-30   |   Business

Other than importing vehicles that are between five and seven years old from their manufacturing dates, importing vehicles under three years old will ...

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LNP - Sri Lanka looks to turn to Indonesia for coconut product imports

2025-01-30   |   Business

To combat the current coconut shortage, Sri Lanka looks at importing coconut products from Indonesia, an official said. The minister of Industry and E...

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LNP - Sri Lanka records highest ever export revenue in 2024

2025-01-27   |   Business

The latest report from the Sri Lanka Export Development Board (EDB) revealed that the country achieved a record-breaking total export revenue of US$ 1...

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LNP - Rajapaksa family’s financial deals probed as multiple money laundering cases against Yoshitha

2025-01-27   |   Business

The Colombo Magistrate’s Court today (27) granted bail to Yoshitha Rajapaksa, the second son of former President Mahinda Rajapaksa, who was remanded...

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LNP - Customs seizes illegally imported cigarettes worth Rs. 31.5mln

2025-01-26   |   Business

A large consignment of illegally imported cigarettes has been seized by officers of the Sri Lanka Customs Revenue Task Force (RTF) during a special in...

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LNP - Govt. braces for coconut products imports

2025-01-25   |   Business

In order to avert a major coconut crisis in the coming months, Minister of Industry and Entrepreneurship Development Sunil Handunneththi and Minister ...

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LNP - Inflation to return to positive from 2Q before aligning with 5% target from 3Q

2025-01-25   |   Business

Sri Lanka could see the end to the current stretch of deflation in the second quarter before reaching the target level of 5.0 percent in the third, su...

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LNP - Attracting private sector investments critical for Sri Lanka’s continued growth: World Bank

2025-01-23   |   Business

Sri Lanka must focus on attracting more private sector investment to maintain its hard-earned macroeconomic stability and continued recovery, accordin...

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