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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LNP - Paytm Founder calls on Sri Lanka to harness digital economy potential at Disrupt Asia 2025

2025-09-19   |   Business

India’s fintech giant, Paytm Founder and CEO Vijay Shekhar Sharma yesterday urged Sri Lanka to seize its moment to transform into a global digital e...

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LNP - Spa owners want laws to legalize and regulate their business expedited

2025-09-19   |   Business

Spa owners have called for expediting the legalization and regulating of their business so that it would become an official industry in Sri Lanka. Sri...

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LNP - Sri Lanka’s overseas missions directed to identify new export markets, attract sustainable foreign investments

2025-09-18   |   Business

Minister of Foreign Affairs, Vijitha Herath, along with the Minister of Industry, Sunil Handunneththi, and Minister of Trade, Wasantha Samarasinghe, l...

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LNP - BYD roars back as SL’s vehicle market sees tepid growth

2025-09-17   |   Business

Chinese automaker BYD saw a dramatic 80 percent surge in vehicle registrations in August 2025, signalling a strong recovery after a temporary setback,...

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LNP - CEB workers launch ‘sick leave’ trade union action today

2025-09-17   |   Business

Employees of the Ceylon Electricity Board (CEB) have decided to report sick today (17) as part of a trade union action. Chairman of the CEB Technical ...

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LNP - Substandard drug imports case: Indictments served on Keheliya and others

2025-09-16   |   Business

Former Minister Keheliya Rambukwella and several other defendants, accused of misusing government funds through the purchase of substandard human immu...

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LNP - SL’s financial system confidence improves short term: CBSL survey

2025-09-16   |   Business

Confidence in Sri Lanka’s financial system has improved in the short term but concerns over medium-term risks persist, with the market participants ...

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LNP - Online sex trade intensifies in Sri Lanka

2025-09-15   |   Business

Dozens of websites and mobile applications now openly display hundreds of advertisements daily - These services often involve women aged 18 to 27 and ...

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