LNP - Govt. braces for coconut products imports

2025-01-25   |   Business

In order to avert a major coconut crisis in the coming months, Minister of Industry and Entrepreneurship Development Sunil Handunneththi and Minister ...

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LNP - Inflation to return to positive from 2Q before aligning with 5% target from 3Q

2025-01-25   |   Business

Sri Lanka could see the end to the current stretch of deflation in the second quarter before reaching the target level of 5.0 percent in the third, su...

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LNP - Attracting private sector investments critical for Sri Lanka’s continued growth: World Bank

2025-01-23   |   Business

Sri Lanka must focus on attracting more private sector investment to maintain its hard-earned macroeconomic stability and continued recovery, accordin...

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LNP - Sri Lanka to import coconut?

2025-01-22   |   Business

The Ceylon Chamber of Coconut Industries has urged the government for permission to import 200 million coconuts with the next few months. President of...

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LNP - CBSL to launch new investment tranche with advanced strategies, prioritizing foreign reserves

2025-01-20   |   Business

With projections indicating historically high levels of inflows from the services trade and workers’ remittances, the Central Bank of Sri Lanka (CBS...

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LNP - Sri Lanka, Sinopec sign agreement for USD 3.7 bln investment in oil refinery

2025-01-16   |   Business

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an i...

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LNP - Market value of EPF investments in CSE exceed Rs. 100 billion

2025-01-10   |   Business

The market value of the investments made by the Employees’ Provident Fund (EPF) in companies listed on the Colombo Stock Exchange (CSE) is Rs. 109.6...

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LNP - Govt. to tap migrant worker savings with Rs.744.75mn entrepreneurship scheme

2025-01-07   |   Business

Sri Lanka is exploring avenues to channel foreign earnings into local investments to boost its economy, with plans underway to empower the returning m...

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LNP - IRD records highest-ever tax revenue collection in 2024

2025-01-04   |   Business

The Inland Revenue Department (IRD) has recorded its highest-ever tax revenue collection in 2024, amounting to Rs. 1,958,088 million. This includes Rs...

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LNP - Customs records revenue exceeding Rs. 1.5 trillion in 2024

2025-01-01   |   Business

By the end of 2024, the Sri Lanka Customs achieved a record-breaking revenue of over Rs. 1.5 trillion, marking the highest annual revenue in its histo...

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