LNP - Gold prices surge in Sri Lanka
Gold prices in Sri Lanka have seen a notable increase, according to the latest market data from the Colombo Gold Centre. As of this morning (21), ...
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LNP - Fitch upgrades Sri Lanka to ‘CCC+’
Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default), citi...
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LNP - Government decides to further ease capital controls
The government has decided to further ease certain restrictions imposed on outward remittances for a six month-period until June next year based on re...
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LNP - Govt. extends license-free rice import period until January 10
The government has extended the temporary lifting of rice import restrictions, allowing private importers to bring in rice without a license until Jan...
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LNP - CBSL takes proactive measures against alarming increase in prohibited pyramid schemes
Central Bank (CBSL) yesterday said it has taken proactive measures to address the alarming increase in prohibited schemes under Section 83(C) of the B...
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LNP - SLC reduces voting members from 147 to 60 ahead of 2025 elections
Ahead of the 2025 Sri Lanka Cricket (SLC) elections, SLC said that its membership at an extraordinary general meeting has decided to reduce the number...
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LNP - Hybrid vehicle import tax based on engine capacity will reduce costs, satisfy all
If hybrid vehicle imports are taxed based on their engine capacity, it will satisfy both consumers and the government, while reducing the prices of ex...
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LNP - IMF to assess Sri Lanka’s tax revisions in upcoming staff report
The IMF Executive Board is expected to convene in the coming months to review the Staff-Level Agreement on the Third Review under the Extended Fund Fa...
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LNP - Cabinet approval to import salt to resolve shortage
The Cabinet of Ministers has granted approval for the import of up to 30,000 metric tons of non-iodized salt by the State Trading Corporation to addre...
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LNP - ADB extends $150 million line of credit to CEB
Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on Thursday for the ADB to provide a loan of $150 million to the C...
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LNP - Compulsory retirement age of govt doctors extended
The Cabinet of Ministers has approved the extension of the compulsory age limit of retirement for government medical officers up to 63 years, with ame...
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LNP - Sri Lanka Police to receive Rs. 300M Indian grant for new vehicles
The Government of India has agreed to provide financial assistance amounting to Sri Lankan Rs. 300 million to address vehicle requirements for the Sri...
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LNP - Cabinet nod for review of SOEs with non-commercial interests
The Cabinet of Ministers has granted approval for the review of State-Owned Enterprises (SOEs) with non-commercial interests. This proposal was presen...
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LNP - Sri Lankan jailed for murdering wife with axe in front of their children
A Sri Lankan man has been sentenced to 37 years in jail for murdering his wife with an axe in front of their teenage children, in what a judge has des...
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LNP - Court issues arrest warrant on Gnanasara Thera over absence on judgment day
The Colombo Chief Magistrate’s Court today issued a warrant for the arrest of Bodu Bala Sena (BBS) General Secretary Ven. Galaboda Aththe Gnanasara ...
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LNP - Withholding Tax to be increased to 10%
President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%. Speaking in Parliament today (18), he said tha...
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LNP - Sri Lanka to allow vehicle imports from February 2025
President Anura Kumara Dissanayake has announced that the government has decided to allow the import of vehicles for personal use, with effect from Fe...
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LNP - Govt to raise PAYE tax threshold to Rs. 150,000 – President
President Anura Kumara Dissanayake says that the government was able to reach an agreement with the International Monetary Fund (IMF) to increase the ...
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LNP - Expressway exits accept only local currency, inconveniencing tourists and locals: Official
Tourists and the local community face inconvenience when making payments at expressway toll gates, as they currently accept only Sri Lankan currency A...
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LNP - Only ministers, MPs have benefited most from President’s Fund: Govt.
By Yohan Perera and Ajith Siriwardana Former Ministers and MPs have disproportionately benefited from the President's Fund, receiving financial assist...
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LNP - Plan to relocate President’s House, Temple Trees to Sri J’pura Kotte put on hold
*Land meant for President’s House near P’ment to be developed as Bird Park The new government led by the National People's Power (NPP) has put on ...
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LNP - Sri Lanka’s internet subscriptions hit 26mn connections
By Nuzla Rizkiya The number of internet subscriptionsin Sri Lanka, including mobile internet connections, has risen to 26 million units by the end of ...
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LNP - RW praises AKD
Former President Ranil Wickremesinghe commended his successor Anura Kumara Dissanayake for deciding to proceed with the Economic and Technical Coopera...
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