LNP - SL continues to struggle with brand image, says tourism industry veteran

2021-11-22   |   Business

Says country being identified as both ‘Sri Lanka’ and ‘Ceylon’ makes marketing difficult Stresses need for global promotion campaign for touri...

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LNP - Vehicle import ban to continue for 6-7 months

2021-11-15   |   Business

The vehicle import ban, which has been in effect since March last year, is expected to continue for another six to seven months, Secretary to the Mini...

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LNP - Board of Investment summoned before COPE tomorrow

2021-11-11   |   Business

The Board of Investment (BOI) has been summoned before Committee on Public Enterprises (COPE) on November 11, the committee’s chairman, Prof. Charit...

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LNP - Pioneer e-commerce entity Kapruka aims for next growth phase via Rs. 500 m IPO

2021-11-10   |   Business

Aimed at riding its next growth wave, Sri Lanka’s pioneer e-commerce enterprise Kapruka is to list on the Colombo Stock Exchange via a Rs. 500 milli...

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LNP - Committee on Public Finance approves amendment to increase borrowing limit

2021-11-09   |   Business

The amendment to the Appropriation Act No. 07 of 2020 to increase the borrowing limit was recently approved by the Committee on Public Finance chaired...

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LNP - INSEE Cement Enhances Logistics Operations to Meet Local Demand

2021-11-03   |   Business

NSEE Cement – currently operating at 3.6 million ton maximum production and import capacity – has added two more shipping vessels to its import lo...

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LNP - Interruptions to water supply if CEB doesn’t restore power breakdowns during strike: Water Supply Trade Union

2021-11-03   |   Business

The water supply could be disrupted if the Ceylon Electricity Board (CEB) is unable to restore power breakdowns during the protest, the convener of th...

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LNP - HNB partners Keells supermarkets to disrupt digital payments with Dynamic QR

2021-11-03   |   Business

Sri Lanka’s most innovative private sector bank HNB PLC partnered with leading supermarket chain Keells to enable LANKA QR payments by facilitating ...

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LNP - Ships carrying LP gas reaches Colombo Port: Litro Gas Company

2021-11-03   |   Business

While claiming the current shortage of 'Litro' gas is due to a distribution issue, a senior official of the Litro Gas Company said that ships carrying...

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LNP - Rejection of organic fertilizer; a trade issue between supplier and Agri Ministry: Pathirana

2021-11-01   |   Business

The rejection to accept a consignment of organic fertilizer contaminated with hazardous substances shipped to Sri Lanka by the Quingdao Seawin Biotech...

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LNP - Beware of Financial Scams

2021-10-27   |   Business

The Central Bank of Sri Lanka (CBSL) has been receiving information regarding certain Scams where organized parties seem to be claiming that they have...

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LNP - SL understands importance of maintaining balance between environment and human needs: Prez

2021-10-27   |   Business

President Gotabaya Rajapaksa has said that Sri Lanka, with its rich philosophical heritage shaped by the teachings of the Buddha, fully understands th...

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LNP - Two nabbed with one million fake Euro currency

2021-10-26   |   Business

A woman and a man have been arrested by the STF with counterfeit currency bills worth one million Euros during a raid at Dematagoda. The STF said the ...

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LNP - No fuel shortage, long queues due to rumours: CPC’s trade union

2021-10-22   |   Business

There is no shortage of fuel in the country and the reason behind having long queues is due to rumours spreading on social media regarding a possible ...

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LNP - CB to propose resumption of car imports paid via foreign currency

2021-10-18   |   Business

The Central Bank is expected soon forward a proposal to the government for consideration, urging to explore the possibility of resuming car imports pa...

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LNP - Central Bank reconstitutes the Financial System Stability Consultative Committee

2021-10-15   |   Business

The Central Bank of Sri Lanka today said that its Financial System Stability Consultative Committee (FSSCC) has been reconstituted with eminent person...

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LNP - Increased demand for kerosene stoves in Pettah: Traders’

2021-10-15   |   Business

There is an acute scarcity of kerosene cookers in the Pettah market due to the sudden and colossal price increase of cooking gas, the Pettah United Na...

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LNP - Priority to import environment friendly electric vehicles to reduce air pollution: Amaraweera

2021-10-08   |   Business

The government is to give priority to import electric vehicles in the future as a measure to reduce air pollution in our country, Environment Minister...

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LNP - SL’s economy projected to grow by 3.3% amidst uncertainties -WB

2021-10-07   |   Business

Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and...

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LNP - Central Bank to make surrendering of export earnings mandatory

2021-10-01   |   Business

The Central Bank, under the instructions of newly appointed Governor Ajith Nivard Cabraal, will take such steps among others to replenish dwindling fo...

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LNP - 100% cash margin rule on non-essential imports removed

2021-10-01   |   Business

The 100 percent cash margin rule on non-essential imports will be removed with immediate effect, the Central Bank Governor Ajith Nivard Cabraal said. ...

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LNP - Prez pitches investment opportunities in SL to Kuwait

2021-09-23   |   Business

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible destination for invest...

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LNP - Banks watchful of foreign currency transactions via cards

2021-09-17   |   Business

Local banks on their own have started implementing a set of measures on limiting foreign currency transactions via debit and credit cards due to the v...

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LNP - Sri Lanka Retailers Association announces, Sri Lanka Retail Forum 2021

2021-09-14   |   Business

The Sri Lanka Retailers Association (Guarantee) Ltd (SLRA), recently entered in an MOU with the Ceylon Chamber of Commerce to organize the island’s ...

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LNP - CB further tightens noose on imports to preserve currency

2021-09-10   |   Business

The Central Bank of Sri Lanka (CBSL) announced today its decision to impose a 100 percent cash margin deposit requirement against the importation of s...

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