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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LNP - John Keells responds to claims over BYD vehicle imports

2025-07-30   |   Business

In response to recent media reports and rising public concern over a consignment of BYD electric vehicles imported into Sri Lanka, John Keells CG Auto...

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LNP - Sri Lanka’s exports to US surpass USD 250 million in June as Trump tariffs loom

2025-07-28   |   Business

Sri Lankan exports to the United States have increased in the month of June as the new 30% tariff rate announced by US President Donald Trump is set t...

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LNP - Japan agrees to continue granting scholarships to Sri Lankan public sector workers

2025-07-24   |   Business

The government of Japan has signed an agreement to continue its scholarship programme for executive-level government officials in Sri Lanka. Since 201...

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LNP - X-Press Pearl Disaster: SC orders shipping company to pay US$1 bln in compensation

2025-07-24   |   Business

The Supreme Court of Sri Lanka today (24) ordered a shipping company to pay US$1 billion in compensation for the environmental and economic damage cau...

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LNP - No decision taken to curtail vehicle imports – CBSL Governor

2025-07-23   |   Business

Neither the Central Bank of Sri Lanka (CBSL) nor the government has taken any decision to impose restrictions on vehicle imports at present, the Gover...

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LNP - State revenue up by nearly 20% in first five months of 2025

2025-07-21   |   Business

The state revenue has surged to Rs. 1,942.36 billion during the first five months of 2025, marking a 19.95% increase in comparison to the figures from...

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LNP - EU warns of ‘grant scam’ targeting young Sri Lankan entrepreneurs

2025-07-19   |   Business

The European Union in Sri Lanka and the Maldives has issued an alert warning of a scam by an individual impersonating an official from the European Un...

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LNP - Sri Lankan delegation to visit U.S. for trade talks

2025-07-16   |   Business

A Sri Lankan government delegation is set to depart for the United States on Friday (18) to hold negotiations aimed at reducing tariffs on Sri Lankan ...

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LNP - Trump Tariff: Exports volume will reduce but real challenge is rates of Sri Lanka’s competitors – expert

2025-07-11   |   Business

The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local businesses, however th...

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LNP - Sri Lankan apparel brands demand 300-400% CESS hike to combat ‘cheap’ imports

2025-07-10   |   Business

Sri Lanka’s domestic clothing brands are calling for a drastic 300 to 400 percent increase in the Commodity Export Subsidy Scheme (CESS) levy on the...

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LNP - Indian Defence Ministry Company set to anchor strategic influence in Colombo Port

2025-07-01   |   Business

India is poised to secure another strategic investment in Sri Lanka with plans by its public sector company under the Indian Defence Ministry, 'Mazaga...

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LNP - 500,000 students and 150,000 teachers to benefit from World Bank education funding

2025-06-27   |   Business

An estimated 500,000 students and 150,000 teachers across Sri Lanka are set to benefit from a new $50 million additional financing package approved by...

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LNP - Hundreds of vehicles stranded as Sri Lanka Customs enforces decade-old import rule

2025-06-26   |   Business

Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearance of vehicles import...

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LNP - MR, Maithri, Ranil, Basil, others involved in USD 110 million cattle import scam: MP

2025-06-19   |   Business

Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wijith Wijithamuni de ...

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LNP - Over 73,000 new vehicle registrations recorded following relaxation of imports: DMT

2025-06-19   |   Business

Following the recent relaxation of vehicle imports, the Department of Motor Traffic (DMT) announced today that a total of 73,489 new vehicle and elect...

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LNP - Oil soars more than 6% after Israel’s strike on Iran alarms market

2025-06-13   |   Business

Oil prices jumped more than $4 a barrel on Friday, hitting their highest price in almost five months after Israel struck Iran, dramatically escalating...

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