Sri Lankan retailer sells firewood online

2021-08-18   |   Business

A Sri Lankan online retailer is selling firewood online and reportedly had sold more than 1000 bundles of firewood, as the country was facing an acute...

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LNP - Indian investors keen to invest in Sri Lanka renewable energy sector – High Commissioner Gopal Baglay

2021-08-09   |   Business

High Commissioner of India to Sri Lanka Gopal Baglay called on Foreign Minister Dinesh Gunawardena on 03 August, 2021. Minister Gunawardena thanked th...

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LNP - Facebook Marketplace Comes to Sri Lanka

2021-08-06   |   Business

Facebook has announced that Facebook Marketplace is now available in Sri Lanka, making it easier for people to discover, buy and sell items from other...

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LNP - Pan Asia Bank records Impressive Performance amidst Challenges – Profit after Tax soars by 50% to post Rs. 1,356 Mn

2021-08-03   |   Business

Pan Asia Banking Corporation PLC reported an impressive performance for the six-month period which ended 30 June to report a Pre-Tax Profit of Rs. 1,8...

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LNP - Agri, industrial sectors grow in 1H of 2021

2021-08-03   |   Business

Though key commercial crops had a robust first quarter, we expect 2Q sector performance to be more-or-less mixed as the country went into an island-wi...

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LNP - EDB organizes stakeholder forum on organic agricultural exports

2021-07-29   |   Business

The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka Accreditation Board (SLAB) under the guidance of the Ministry of Trade ...

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LNP - Pelwatte Dairy records 148% increase in Profits Before Tax surmounting COVID challenges

2021-07-29   |   Business

Pelwatte Dairy, one of the leading dairy brands in Sri Lanka that locally produces a range of dairy products and saves foreign exchange for the countr...

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LNP - The Chamber Academy holds webinar on ‘Business Planning in the Age of AI’

2021-07-28   |   Business

The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce in partnership with Hutchison Telecommunications Lanka (Pvt) Ltd, London Stoc...

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LNP - Amendments will be brought to Finance Bill - AG

2021-07-28   |   Business

The Attorney General today informed the Supreme Court that several amendments will be brought to the proposed Finance Bill and the final version of th...

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LNP - SriLankan experiences 70% revenue reduction during financial year 2020/21: Chairman

2021-07-26   |   Business

SriLankan Airlines experienced a revenue reduction of 70% during the financial year 2020/21 when compared to the year before, SriLankan Airlines Chair...

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LNP - United States provides USD150 Mn to DFCC Bank towards facilitating inclusive growth of Sri Lankan Small and Medium sized businesses

2021-07-19   |   Business

The United States is contributing to Sri Lanka’s economic resilience through the provision of a financial facility of USD 150Mn. The facility awarde...

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LNP - Over 1K tourism sector employees receive Covid-19 jab in H’tota

2021-07-13   |   Business

Vaccination drive for the tourism industry kicked off over the weekend and over 1000 employees attached to the sector in the Hambantota District recei...

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LNP - 2% additional interest rate for SDAs

2021-07-09   |   Business

Additional interest up to 2 percent per annum will be extended for two years for Special Deposit Accounts (SDAs), the Central Bank said today. “Cons...

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LNP - Update: Basil finally gets Finance

2021-07-08   |   Business

Basil Rajapaksa was sworn in as the Finance Minister before President Gotabaya Rajapaksa a short while ago. Prime Minister Mahinda Rajapaksa who held ...

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LNP - Priority given to import electric vehicles to reduce air pollution

2021-07-08   |   Business

A cabinet Memorandum was presented last week in view give priority to import electric vehicles to reduce air pollution in the country, Environment Min...

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LNP - Coronavirus: Daily case count drops to 816 amidst health sector strikes

2021-07-06   |   Business

The Epidemiology Unit of the Health Ministry reports that another 235 persons have tested positive for COVID-19 in Sri Lanka, moving the daily total o...

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LNP - Sri Lanka Embassy in Japan Facilitates Three Virtual Investment and Export Webinars

2021-07-02   |   Business

Sri Lanka Mission in Japan facilitated 3 online promotional events to increase exports to Japan and investment to Sri Lanka including country specific...

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LNP - Softlogic Finance’s Growth Trajectory Backed by Shareholder Confidence

2021-07-02   |   Business

Zero NPLs on Rs. 14 Billion worth loans in a globally challenging year Softlogic Finance PLC, a subsidiary of Softlogic Capital the financial arm of t...

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LNP - Railway trade union launches token strike

2021-06-30   |   Business

Locomotive Engine Operators’ Union has launched a token strike from 8.00 am today (June 30). Its secretary, Indika Dodangoda said the trade union ac...

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LNP - Govt. approves concessions for tourism sector

2021-06-30   |   Business

The government today approved allowing relief to employees in the tourism sector, particularly those affected by the crisis due to COVID-19 pandemic. ...

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LNP - Ceylon Chamber of Commerce to conduct the National SME Forum 2021

2021-06-25   |   Business

In an effort to support all players in the SME Eco-system, the Ceylon Chamber of Commerce has organized a National SME Forum in collaboration with pub...

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LNP - Jaffna to get startup incubators

2021-06-22   |   Business

Northern province city, Jaffna will soon see the establishment of startup incubators to support budding entrepreneurs with the Prime Minister’s offi...

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LNP - Online liquor sales; Finance Ministry approves proposal

2021-06-17   |   Business

The Ministry of Finance has granted approval to a proposal submitted by the Excise Department to allow consumers to purchase liquor online through sup...

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LNP - Salt export project to net USD 200 mn annual revenue

2021-06-11   |   Business

Lanka Salt Ltd, Hambantota which suffered Rs. 200 million loss in 2019 under the previous regime has made a dramatic turnaround and has posted a Rs. 4...

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LNP - Luxury SUVs for MPs While Imports for Doctors & General Public Held Indefinitely from March 2020

2021-06-11   |   Business

The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including 2...

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