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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LNP - Valaichchenai Paper Mill now generating profit: Handunneththi

2025-06-09   |   Business

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

2025-06-08   |   Business

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

2025-06-07   |   Business

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

2025-06-06   |   Business

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

2025-06-05   |   Business

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

2025-06-03   |   Business

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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LNP - Sri Lankan economy remains resilient supported by healthy inflows: CBSL

2025-06-01   |   Business

The external sector of the Sri Lankan economy remained resilient in April 2025, supported by healthy inflows from tourist earnings and workers’ remi...

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LNP - Colombo Stock Exchange records landmark single-day turnover

2025-05-28   |   Business

The Colombo Stock Exchange (CSE) recorded a significant milestone today (27), with its total market turnover reaching Rs. 18.7 billion, one of the hig...

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LNP - UK Trade Envoy on inaugural visit to Sri Lanka

2025-05-27   |   Business

The UK Prime Minister’s Trade Envoy for Sri Lanka, Lord Hannett of Everton, is visiting Colombo from 25 to 28 May. This is his first visit to S...

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LNP - Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties

2025-05-27   |   Business

Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepen bilateral ties in areas such as trade, tourism and agric...

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LNP - India overtakes Japan to become the fourth-largest economy: NITI Aayog CEO

2025-05-26   |   Business

India overtakes Japan to become the fourth largest economy in the world, Aayog CEO BVR Subrahmanyam has said. Subrahmanyam says the overall geopolitic...

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LNP - Malini Fonseka’s remains brought to National Film Corporation

2025-05-25   |   Business

The body will lie in state at the Tharangani Hall of the National Film Corporation today, while the public will also be given an opportunity to pay th...

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LNP - Increasing productivity to attract investments vital for Sri Lanka - PM Harini

2025-05-18   |   Business

Prime Minister Dr. Harini Amarasuriya stated that the development of a country depends on the productive contribution its citizens make towards the na...

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LNP - Two Sri Lankan entrepreneurs shine on Forbes 30 Under 30 Asia list

2025-05-15   |   Business

Sri Lanka celebrates a key milestone as two of its young  and emerging entrepreneurs  Yanika Amarasekera-Siyaguna and Charith N Silva, have been nam...

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LNP - Excise gains record revenue of Rs. 83 billion in first four months

2025-05-12   |   Business

A record gain of revenue amounting to over Rs. 83 billion has been achieved by the Department of Excise during the first four months of this year, eve...

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LNP - Sri Lanka records surge in tourist arrivals and earnings in early 2025

2025-05-12   |   Business

The Sri Lanka Tourism Development Authority (SLTDA) reports that 33,910 international tourists arrived in the country during the first week of May 202...

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