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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LNP - Sri Lankan economy remains resilient supported by healthy inflows: CBSL
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
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
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
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
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
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
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
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
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
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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LNP - Cabinet greenlights minimum wage hike for private sector employees
The government has taken another step towards ensuring the national minimum monthly and daily wages of private sector employees be increased in parall...
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LNP - After banning imports, India now bars Pakistani ships from entering its ports
After banning all imports from Pakistan, India on Saturday barred Pakistan-flagged ships from entering any of its ports, following the barbaric attack...
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LNP - Govt eases several more restrictions on vehicle imports
The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025. Th...
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LNP - Colombo’s inflation climbs in April
The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0% in April 2025, com...
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LNP - Importers deny drop in vehicle sales, 75% of imports already sold
While rejecting media reports claiming there is a decrease in sales of imported vehicles, the Vehicle Importers’ Association of Sri Lanka (VIASL) sa...
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LNP - Sri Lankan state banks’ capital vulnerable despite profit gains: Fitch
Fitch Ratings expects Sri Lanka’s state banks to continue to report weaker regulatory capital ratios than systemically important private banks, desp...
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