LNP - Trump closes key trade loophole, impacting Shein, Temu orders
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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LNP - Valaichchenai Paper Mill now generating profit: Handunneththi
The state-owned Valaichchenai Paper Mill is currently operating at a profit, according to Minister of Industry and Entrepreneurship Development Sunil ...
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LNP - Businessman penalised for selling expired medicines
A businessman has been handed a suspended six-month prison sentence and fined Rs. 10,000 after being found guilty of displaying expired medicines for ...
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LNP - Coconut harvest to drop further this year, imports to continue
The Coconut Research Institute has forecast a further decline of 250 million nuts crop for the first half of 2025 harvest during the first half of thi...
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LNP - Sugar importers warn against tax hike
The sugar importers have urged President and Finance Minister Anura Kumara Dissanayake not to increase the existing sugar import tax, warning that it ...
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LNP - Govt. earns Rs. 136 b from vehicle imports in 4 months
The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections fro...
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LNP - 18,000 MT of maize to be imported for ‘Thriposha’ production
The Cabinet of Ministers has granted approval to issue a permit to the Sri Lanka Thriposha Limited Company to import 18,000 metric tons of maize. Acco...
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