Business

LNP – Sri Lanka’s inflation drops further in November 2024

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -1.7% in November…

2 hours ago

LNP – Moody’s upgrades Sri Lanka’s rating to Caa1; outlook stable

Global rating agency, Moody’s yesterday upgraded the Government of Sri Lanka’s Long-Term Foreign Currency Issuer Rating to Caa1 from Ca

3 hours ago

LNP – Licence ready, Elon Musk’s Starlink yet to import devices to start operation

Despite Elon Musk's Starlink, the satellite unit of SpaceX, being granted licence to operate in Sri Lanka, the organization is…

23 hours ago

LNP – ASPI crosses 15,000 points for first time ever

The All Share Price Index (ASPI) of the Colombo Stock Exchange recorded a new all-time high today (23), surpassing the…

23 hours ago

LNP – Sri Lanka’s 2025 holiday calendar: Here’s the full list

With just nine days remaining until the start of 2025, the Government Printing Department has released the official calendar for…

1 day ago

LNP – Private sector rice imports total 67,000 MT as deadline ends

Sri Lanka Customs confirmed that a total of 67,000 metric tons of rice were imported by traders before the private…

3 days ago

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…

3 days ago

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)

3 days ago

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…

4 days ago

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…

4 days ago