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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LNP - CEB records over Rs. 5 bln profit in 2025 second quarter

2025-08-18   |   Business

The Ceylon Electricity Board (CEB) has reported a profit of Rs. 5.31 billion for the financial quarter ending on June 30, 2025. This marks a significa...

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LNP - Sri Lanka Customs records highest-ever monthly revenue of Rs. 235 bln

2025-08-17   |   Business

Director General of Customs, Sunil Nonis, announced that Sri Lanka Customs recorded its highest-ever monthly revenue in history last month, with colle...

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LNP - Sri Lanka’s central bank expects economy to grow by 4.5% in 2025

2025-08-15   |   Business

Sri Lanka’s economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island natio...

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LNP - 400 containers of imported salt stuck at Colombo Harbour due to bureaucratic delays: Unions

2025-08-15   |   Business

Approximately 400 containers containing around 28,000 metric tons of imported salt, intended for local packaging, remain stuck at the Colombo Harbour,...

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LNP - Govt keen to increase export earnings to US$ 36 billion by 2030

2025-08-13   |   Business

Another round of discussions has been held to review and address challenges in achieving the government’s target of increasing export earnings to US...

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LNP - India estimates about 55% of goods exported to US will face Trump tariff

2025-08-11   |   Business

About 55 per cent of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump’s administra...

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LNP - Supermarket fined Rs. 600,000 for selling expired food items

2025-08-01   |   Business

The Aluthkade Magistrate’s Court has imposed a total fine of Rs. 600,000 on three branches of a leading supermarket chain after they pleaded guilty ...

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LNP - US tariff reduction on Sri Lankan exports welcomed: Harsha

2025-08-01   |   Business

Expressing his happiness over the decision by the USA to reduce tariffs on Sri Lankan exports, Opposition MP Harsha de Silva said credit goes to all w...

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LNP - Trump closes key trade loophole, impacting Shein, Temu orders

2025-07-31   |   Business

President Trump signed an executive order on Wednesday, July 30, ending the de minimis trade loophole that allows for low-value goods to be shipped to...

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