LNP - Aitken Spence Non-Tourism Sectors Record Highest Ever PBT of Rs. 5 Billion in 2020-2021
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
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
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
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
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
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
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”
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
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
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
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
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
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
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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LNP - India’s economy to contract as Covid-19 cases soar
India’s economy may shrink in the current quarter as Covid-19 cases surge, but the country could recover in the next one, according to two economist...
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LNP - Port City to have significant impact on economy -ICCSL
The International Chamber of Commerce, Sri Lanka ( ICCSL) in a statement issued on Monday said “The Port City project will have a significant impact...
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LNP - Fashion designers say cost of production up due to import restrictions
Fashion designers are struggling to keep up with the fast-changing trends in the country, as challenges in sourcing raw materials has led to a slowdow...
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LNP - In view of boosting night economy Diana proposes to extend opening hours of bars
Opening hours of bars in hotels and liquor shops should be extended in order to create a night economy in Sri Lanka, MP Diana Gamage proposed in Parli...
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LNP - Sri Lanka’s Niftron Raises Rs. 21 Million Capital from LAN’s Angel Fund
The Angel Fund has announced a Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler an...
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LNP - Union Assurance awarded Life Insurance Company of the Year at Business Leader Awards
Affirming its leadership in the country’s fast-growing insurance industry, Sri Lanka’s premier life insurer Union Assurance recently celebrated a ...
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LNP - Sri Lanka Investment Forum to Feature Over 50 Projects and Corporate Investment Opportunities
Sri Lanka’s Investment Showcase to the World on 7-9th June Themed “Sri Lanka – Asia’s Next Growth Haven”, the Sri Lanka Investment Forum (SL...
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LNP - Suspicion leads to adulterated liquor entering market
Suspicion surrounds over an incident where two persons who had died over alcohol poisoning in Galenbindunuwewa and another hospitalised in a critical ...
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LNP - Remaining importers notified to re-export carcinogenic coconut oil stocks
Sri Lanka Customs has informed the 02 remaining importers to re-export their coconut oil stocks containing carcinogens. Katana Refineries, one of the ...
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