LNP - No concrete plan yet for SriLankan Airlines despite mounting losses

2025-10-25   |   Business

The government has yet to firm up any plan for restructuring SriLankan Airlines, the national carrier, but remains open to possible partnerships with ...

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LNP - Appeals Court orders Customs to expedite probe into BYD motor capacity

2025-10-24   |   Business

The Court of Appeal today ordered Sri Lanka Customs to promptly conclude the investigation into the motor capacities of BYD vehicles currently detaine...

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LNP - Sri Lanka’s inflation climbs to 2.1% in September

2025-10-21   |   Business

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.1% in September 2025, compared to 1.5% in A...

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LNP - Inland Revenue exceeds tax collection target by September

2025-10-17   |   Business

Sri Lanka’s Inland Revenue Department (IRD) has surpassed its expected tax collection for the first nine months of 2025, recording 102 percent of th...

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LNP - After Russia, China and France, India eyes nuclear partnership with Sri Lanka

2025-10-16   |   Business

Following similar expressions of interest from Russia, China, and France, India has also indicated its willingness to cooperate with Sri Lanka in deve...

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LNP - Colombo Port generates Rs. 32 billion profit in first 8 months of 2025

2025-10-09   |   Business

The Colombo Port has recorded a net profit of Rs. 32.2 billion (after tax) during the first eight months of 2025, the Ministry of Transport, Highways,...

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LNP - Vehicle imports surge – Less takers

2025-10-09   |   Business

Vehicle importers have reported a slowdown in demand for new vehicle purchases following a surge in imports over the past several months. They said th...

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LNP - Sri Lanka ready for investment in offshore oil, gas extraction

2025-10-06   |   Business

Sri Lanka is ready to complete the selection of a marketing consultant this week to proceed with calling for bids for commercial extraction of offshor...

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LNP - Importers object to Treasury proposal to release detained vehicles with 35% surcharge

2025-10-02   |   Business

Counsels representing a group of vehicle importers have raised objections before the Court of Appeal against a proposal submitted by the Treasury to i...

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LNP - Nine months on: US $3.7Bn Sinopec investment in limbo

2025-10-01   |   Business

Despite the lapse of nine months since the signing of the MoU, the government is yet to finalise the proposed US $3.7 billion investment by China’s ...

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