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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LNP - Prez. calls on investors to explore SL’s medical tourism industry

2021-06-08   |   Business

As Sri Lanka is currently pitching itself to the world as an attractive investment destination, President Gotabaya Rajapaksa today called on investors...

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LNP - Govt to release confiscated essential items for retail consumption

2021-06-08   |   Business

Ports and Shipping Minister Rohitha Abeygunawardane, along with the Trade Minister, has secured Cabinet approval to release confiscated essential item...

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LNP - ‘No immediate impact on import, exports, shipping line activities’

2021-05-31   |   Business

Port activities in Sri Lanka have not slowed down due to fire that ignited on board MV X-Press Pearl container vessel, said Sri Lanka Shippers’ Coun...

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LNP - EU, WB support modernization of SL’s agri sector

2021-05-28   |   Business

The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernization Project...

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LNP - Aitken Spence Non-Tourism Sectors Record Highest Ever PBT of Rs. 5 Billion in 2020-2021

2021-05-25   |   Business

During a turbulent financial year that was affected by the unprecedented COVID-19 pandemic, Aitken Spence Group’s non-tourism sectors delivered the ...

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LNP - Cabinet halts import of limited number of vehicles

2021-05-25   |   Business

The Cabinet, headed by Prime Minister Mahinda Rajapaksa, decided to suspend the importation of a limited number of vehicles today (24) in view of the ...

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LNP - April exports up by 183% to US$ 798.9 mn

2021-05-22   |   Business

Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last y...

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LNP - Hemas welcomes MoH request seeking Pvt. sector assistance on vaccine procurement

2021-05-22   |   Business

Sole local representative for AstraZeneca and Pfizer in Sri Lanka, Hemas Pharmaceutical (Pvt) Ltd said it welcomes the request by the Ministry of Heal...

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LNP - Hayleys delivers record PBT of Rs. 19.23 billion; Foreign currency earnings exceed USD 600 million

2021-05-20   |   Business

The Hayleys Group delivered the highest revenue and profit in its 143-year history during FY 2020/21. The revenue increased to Rs 241.28...

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LNP - Govt. shoots down business community request to purchase AstraZeneca vaccines for second jabs

2021-05-19   |   Business

The government has shot down a latest request by the private sector to pay for the importation of Astra Zeneca vaccines for the corporate world as sev...

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LNP - Penalties imposed on two financial institutions

2021-05-19   |   Business

The Financial Intelligence Unit (FIU) of the Central Bank announced it has imposed penalties on two financial institutions amounting to Rs.4.0 million...

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LNP - “Tyre shortage looming in local market”

2021-05-18   |   Business

There is an acute shortage of nearly one million brand new tyres in the local market as a result of the import restrictions by the government since202...

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LNP - Singer wins Retail Brand of the Year

2021-05-17   |   Business

Singer (Sri Lanka) PLC, was recently bestowed with the coveted “Retail Brand of the Year Sri Lanka 2021” award at the 11th Global Banking and Fina...

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LNP - Sri Lanka Vannamei prawns capture Jordanian market

2021-05-07   |   Business

The Sri Lanka Embassy in Jordan in its efforts to drive high value aquaculture commodities from Sri Lanka into Jordan under its economic diplomacy ini...

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LNP - Construction Industry Stakeholders of Sri Lanka and Nepal discuss areas to strengthen collaboration

2021-05-06   |   Business

Sri Lanka Embassy in Nepal partnered with the Export Development Board of Sri Lanka (EDB) to connect construction industry stakeholders of the two cou...

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LNP - Business sentiment rose ahead of the festive season but may wane in its aftermath

2021-05-04   |   Business

As the country looks to accelerate its recovery, striking a balance between supporting the economy through the pandemic and ensuring fiscal sustainabi...

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LNP - Govt. mulls pension scheme for private sector

2021-05-03   |   Business

The attention of the government has been drawn to introduce a pension scheme and a Social Security Fund for the private sector employees, Labour Minis...

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LNP - Local company sealed off after tests confirm presence of Aflatoxin in coconut oil

2021-04-30   |   Business

The Consumer Affairs Authority (CAA) has taken measures to seal off a local coconut oil manufacturing company after it was confirmed its products cont...

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