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