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

2024-12-24   |   Business

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -1.7% in November 2024 from -0.7% in October ...

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LNP - Hybrid vehicle import tax based on engine capacity will reduce costs, satisfy all

2024-12-20   |   Business

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 - Cabinet approval to import salt to resolve shortage

2024-12-19   |   Business

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 - Sri Lanka to allow vehicle imports from February 2025

2024-12-18   |   Business

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 - Expressway exits accept only local currency, inconveniencing tourists and locals: Official

2024-12-18   |   Business

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 - Sri Lanka’s economy grows 5.5% in Q3 2024

2024-12-17   |   Business

The year-on-year GDP growth rate for the third quarter of 2024 has been reported as 5.5 percent of positive growth rate, the Department of Census and ...

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LNP - New online portal launched to verify legally imported vehicles

2024-12-15   |   Business

The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has launched an investigation into the nearly 6,000 vehicles across Sri La...

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LNP - Cinnamon Hotels & Resorts to energise Sri Lanka’s hill capital with the launch of Kandy Myst by Cinnamon

2024-12-12   |   Business

Cinnamon Hotels & Resorts, in partnership with Indra Traders, is set to expand its footprint in Sri Lanka’s hill capital, at the start of 2025, ...

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LNP - Sufficient stocks of eggs to meet market demand

2024-12-10   |   Business

The Sri Lanka Association of Animal Production announced today that sufficient stocks of eggs have been released to the market to prevent any shortage...

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LNP - November tourism earnings jump to US$ 273 mn on solid winter season arrivals

2024-12-09   |   Business

Tourism earnings in November 2024 recorded US$ 272.9 million, rising sharply from US$ 205.3 million in the same month a year ago and US$ 185.6 million...

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