LNP - Circular permitting migrant workers to import electric vehicles issued
A circular allowing migrant workers to import an electric vehicle was issued yesterday (August 31) by the Labour and Foreign Employment Ministry. Mini...
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LNP - Harsha appointed Chairman of Public Finance Committee
The Public Finance Committee which met today, unanimously appointed SJB MP Harsha de Silva as its new Chairman. He has been appointed as per Standing ...
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LNP - CBSL announces amnesty period to deposit or sell foreign currency in the hands of public
The Minister of Finance has issued an order granting an amnesty period of one month with effect from August 15, 2022 in order to attract foreign curre...
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LNP - CEB trade union warns daily power cuts could exceed 3 hours
The Ceylon Electricity Board (CEB) United Trade Union Alliance warns that the power cuts would likely have to be increased to more than 03 hours in th...
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LNP - Recent 75% electricity tariff is a farce: CEB Trade Union Alliance
he recent 75% increase in the electricity tariff is incorrect; it is a 100% increase when considering higher unit rates, the Ceylon Electricity Board ...
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LNP - Sinopec likely to enter Lankan fuel market
Sinopec, the biggest petrochemical company in China, is likely to enter Sri Lankan market for fuel importing, distribution and selling petroleum produ...
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LNP - Litro Gas turning a profit after years - Chairman
Litro Gas company has become a profit-making institution in July this year for the first time in several years, according to Litro chairman Muditha Pe...
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LNP - Port City Colombo SEZ introduced at the Commonwealth Business Forum 2022 Kigali, Rwanda
CHEC Port City Colombo in collaboration with the Colombo Port City Economic Commission successfully introduced the Special Economic Zone to 50 plus po...
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Importance of ‘Fair Play’ by all Stakeholders of the Economy in Countering the Current Unprecedented Economic Crisis
The Government and the Central Bank of Sri Lanka (CBSL) have been implementing several measures to ease the burden of the current economic hardships o...
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Merchandise trade balance records a surplus for first time in nearly 20 years
The merchandise trade balance recorded a surplus in June 2022 for the first time since August 2002, reflecting the impact of historically high monthly...
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LNP - Gem exports can bring US$1Bn to SL this year: SB
Action will be taken to increase exporting gems that could bring in a revenue of US$1 billion by the end of this year, which is currently at US $265 m...
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LNP - Top IMF official to visit Sri Lanka this week to brief about economy’s state
A senior International Monetary Fund (IMF) official will be visiting Sri Lanka on Monday and Tuesday to brief President Gotabaya Rajapaksa on the fund...
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LNP - Heavy showers forecast today: Met. Dept.
Thunderstorms and showers could be expected in the North-central, Eastern, and Uva provinces, as well as in Nuwara-Eliya, Matale and Hambantota distri...
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LNP - Water supply could be interrupted during power cuts: Trade Union
Water supply will be interrupted during power cuts due to fuel shortage and thereby the consumers will face numerous inconveniences, convener of the ...
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LNP - Five nabbed with Rs. 40 mn worth of foreign currency at BIA
Five individuals were arrested at the Bandaranaike International Airport (BIA) for attempting to smuggle Rs. 40 million worth of foreign currency out ...
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LNP - SL soon to have improved access to employment in UK’s healthcare sector
Sri Lankans will soon have improved access to emerging employment opportunities in the health sector of the United Kingdom (UK) with the government lo...
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LNP - SriLankan records profits for first time since pandemic in Dec.
December 2021 became the first profitable month since the outbreak of the Covid-19 pandemic for SriLankan Airlines as it reported a company profit of ...
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LNP - Milk powder scarcity will last until end Jan.: Importers’ Assn.
The shortage of imported milk powder will continue to prevail till the end of this month due to dollar crunch in the market, the Milk Powder Importers...
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LNP - Kapruka Shares Begin Trading Tomorrow
Shares of Kapruka Holdings Limited will commence trading on the Main Board of the Colombo Stock Exchange under the symbol, “KPHL”, tomorrow, 7th F...
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LNP - Central Bank revises maximum housing loan rate to reflect rising interest rates
Earlier 7% cap fixed for five years replaced with average monthly prime lending rate, effective from January 1 The Central Bank has revised the earli...
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LNP - Nov. credit card spend up as people loosen purse strings
Total outstanding card balance up by Rs.3.8bn; almost 9,000 new cards issued Credit card spend, a proxy for the spending pattern of mostly the urban ...
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LNP - BoI, Port City to seek investments from UAE
As a follow up to Dubai Expo event , Sri Lanka is planning to launch a major investment drive in the United Arab Emirates in March with the involvemen...
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LNP - CPC to form new subsidiary company to develop Trinco oil tank farm
The Ceylon Petroleum Corporation (CPC) is planning to form a new subsidiary company named ‘Trinco Petroleum Terminals Ltd’ to develop the Trincoma...
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