Paddy Marketing Board to release rice stocks through Sathosa and cooperative network

2025-12-16   |   Business

The Cabinet of Ministers in Sri Lanka has given the green light to process paddy stocks that were bought by the Paddy Marketing Board (PMB) and to sel...

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Technical Committee on Rules of Origin appointed to strengthen trade facilitation framework

2025-12-15   |   Business

Sri Lanka Customs has launched a new Technical Committee on Rules of Origin (TCRO) to update the country's trade rules and boost transparency in how R...

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Thailand and Cambodia agree to halt fighting, Trump says

2025-12-13   |   Business

US President Donald Trump announced that the prime ministers of Thailand and Cambodia will stop fighting "effective this evening." This statement came...

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Gold prices in Sri Lanka increase by around Rs. 3,000 today

2025-12-12   |   Business

Gold prices in Sri Lanka went up by about Rs. 3,000 today due to a big rise in global gold prices. As of today, October 12, the world price for gold h...

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ADB approves $200M to improve water, food security in North Central Sri Lanka

2025-12-12   |   Business

The Asian Development Bank (ADB) has sanctioned a loan of $200 million to assist the Mahaweli Development Program, which is the largest water resource...

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LNP - Big Ticket Sri Lankan Winner in Riyadh: Banker Wins 250gm Gold Bar After Seven Years of Trying

2025-12-08   |   Business

The Big Ticket Sri Lankan Winner in Riyadh has become the talk of the town after a 63-year-old banker, Mohamed Nalim, struck gold in the popular Big T...

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LNP - No concrete plan yet for SriLankan Airlines despite mounting losses

2025-10-25   |   Business

The government has yet to firm up any plan for restructuring SriLankan Airlines, the national carrier, but remains open to possible partnerships with ...

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LNP - Appeals Court orders Customs to expedite probe into BYD motor capacity

2025-10-24   |   Business

The Court of Appeal today ordered Sri Lanka Customs to promptly conclude the investigation into the motor capacities of BYD vehicles currently detaine...

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LNP - Sri Lanka’s inflation climbs to 2.1% in September

2025-10-21   |   Business

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.1% in September 2025, compared to 1.5% in A...

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LNP - Inland Revenue exceeds tax collection target by September

2025-10-17   |   Business

Sri Lanka’s Inland Revenue Department (IRD) has surpassed its expected tax collection for the first nine months of 2025, recording 102 percent of th...

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LNP - After Russia, China and France, India eyes nuclear partnership with Sri Lanka

2025-10-16   |   Business

Following similar expressions of interest from Russia, China, and France, India has also indicated its willingness to cooperate with Sri Lanka in deve...

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LNP - Colombo Port generates Rs. 32 billion profit in first 8 months of 2025

2025-10-09   |   Business

The Colombo Port has recorded a net profit of Rs. 32.2 billion (after tax) during the first eight months of 2025, the Ministry of Transport, Highways,...

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LNP - Vehicle imports surge – Less takers

2025-10-09   |   Business

Vehicle importers have reported a slowdown in demand for new vehicle purchases following a surge in imports over the past several months. They said th...

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LNP - Sri Lanka ready for investment in offshore oil, gas extraction

2025-10-06   |   Business

Sri Lanka is ready to complete the selection of a marketing consultant this week to proceed with calling for bids for commercial extraction of offshor...

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LNP - Importers object to Treasury proposal to release detained vehicles with 35% surcharge

2025-10-02   |   Business

Counsels representing a group of vehicle importers have raised objections before the Court of Appeal against a proposal submitted by the Treasury to i...

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LNP - Nine months on: US $3.7Bn Sinopec investment in limbo

2025-10-01   |   Business

Despite the lapse of nine months since the signing of the MoU, the government is yet to finalise the proposed US $3.7 billion investment by China’s ...

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LNP - Govt aims to expand Sri Lanka’s digital economy to USD 15 billion: PM Harini

2025-09-30   |   Business

The foundation for realizing Sri Lanka’s vision of entering the digital era is developing the human resource that is compatible with modern technolo...

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LNP - Trump announces 100% tariff on branded or patented pharmaceutical imports from Oct 1

2025-09-26   |   Business

United States President Donald Trump announced on Thursday (Sep 25) new tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furni...

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LNP - NTB shares soar, CEO says HSBC deal underlines global shifts, local ascent

2025-09-26   |   Business

Nations Trust Bank PLC (NTB) shares closed up 22.72% yesterday, up Rs. 72.25 to Rs. 390.25, following Wednesday’s announcement of the bank’s propo...

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LNP - Controversial number plate tender to incur over Rs.516mn loss to Govt.

2025-09-25   |   Business

A multi-billion rupee government tender to supply vehicle number plates is mired in controversy after the two lowest bidders were disqualified on tech...

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LNP - NTB announces Rs. 18 b deal for HSBC Sri Lanka’s retail banking business

2025-09-25   |   Business

Nations Trust Bank PLC (NTB) yesterday entered into a binding Sale and Purchase Agreement with Hong Kong and Shanghai Banking Corporation (HSBC), acti...

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LNP - Is cryptocurrency legal in Sri Lanka? Central Bank Governor explains

2025-09-24   |   Business

Although Sri Lankans cannot use cryptocurrency for transactions in the country, investing in cryptocurrency or virtual currency has no legal impedimen...

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LNP - Indian market growth momentum drives 31% spike in Sept. tourist arrivals

2025-09-24   |   Business

Sri Lanka’s tourism sector has kicked off the autumn season with a 31 percent surge in arrivals, welcoming 111,823 tourists in the first three week...

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LNP - Sri Lanka’s Flaws Laid Bare as Losses Trigger Shake-Up

2025-09-23   |   Business

Sri Lanka walk into Abu Dhabi on Tuesday with no safety net left. Their Super Four clash against Pakistan is, in every sense, a must-win. Another slip...

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LNP - Sri Lanka’s foreign currency ratings raised to ‘CCC+/C’

2025-09-20   |   Business

S&P Global Ratings on Friday raised its long- and short-term foreign currency sovereign credit ratings on Sri Lanka to ‘CCC+/C’ from ‘SD/SDâ...

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