Merchandise trade balance records a surplus for first time in nearly 20 years

2022-08-01   |   Business

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

2022-03-24   |   Business

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

2022-03-15   |   Business

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.

2022-02-25   |   Business

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

2022-02-25   |   Business

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

2022-01-20   |   Business

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

2022-01-12   |   Business

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.

2022-01-11   |   Business

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.

2022-01-06   |   Business

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

2022-01-06   |   Business

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

2022-01-04   |   Business

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

2022-01-04   |   Business

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

2022-01-03   |   Business

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

2021-12-29   |   Business

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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LNP - Banks instructed to offer extra Rs.10 for hard foreign currency conversions

2021-12-23   |   Business

Fresh instructions appear to carry broad based effect, going beyond remittances CBSL earlier asked banks to give Rs.10 extra for worker remittances d...

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LNP - Inability to open LCs causes milk powder scarcity: Importers

2021-12-21   |   Business

Presently there is a milk powder shortage prevails in the country due to the inability to open Letters of Credit (LCs) through banks, Milk Powder Impo...

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LNP - Come out of hiding places and tell the truth: Johnston to Gas Company heads

2021-12-17   |   Business

Chief Government Whip and Highways Minister Johnston Fernando today urged the chairmen and top officials of the gas companies to come out of their hid...

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LNP - SL requests Pak to ensure timely receipt of promised financial benefits to Priyantha’s family

2021-12-16   |   Business

Sri Lanka has requested the Pakistan Government to ensure timely receipt of financial benefits from the employer and the Government of Pakistan to the...

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LNP - If trade union action taken, will join hands with SLTB for alternatives: Railways GMR

2021-12-14   |   Business

The railway trade union action should be taken in a way that would not incur problems for the people and if trade union action is taken, the railway d...

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LNP - US$ 100,000 raised by Sialkot business community, monthly salary to family: Foreign Ministry

2021-12-10   |   Business

Foreign Minister Prof. G. L. Peiris welcomed the announcement of the donation of US$ 100,000 by the business community in Sialkot and payment of month...

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LNP - Govt. to hold import of vehicles and new staff appointments for 2022

2021-12-10   |   Business

The government has decided not to import any vehicles into the country and not to admit any new staff appointments for next year, Finance Minister Bas...

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LNP - HNB wins two awards at Best Corporate Citizens Sustainability Awards 2021

2021-12-09   |   Business

Continuing its trailblazing legacy at the Best Corporate Citizens Sustainability Awards (BCCSA) 2021, Sri Lanka’s leading private sector HNB PLC was...

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LNP - LP Gas back in the market with new look

2021-12-06   |   Business

The two main gas companies have decided to issue their new stocks of LP gas cylinders while carrying coloured polythene seals with changed logo colour...

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LNP - Gas cylinders to be released to market from tomorrow

2021-12-06   |   Business

The Consumer Affairs Authority (CAA) said that it has decided to release domestic gas cylinders to the market from tomorrow (05) under three condition...

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LNP - Growing and export of ganja to be legalised

2021-12-01   |   Business

Legislation will be brought to Parliament shortly to permit the growing and export of ganja as a medicine for a number of noncommunicable diseases, St...

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