LNP - Govt eases several more restrictions on vehicle imports

2025-05-02   |   Business

The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025. Th...

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LNP - Colombo’s inflation climbs in April

2025-04-30   |   Business

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0% in April 2025, com...

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LNP - Importers deny drop in vehicle sales, 75% of imports already sold

2025-04-28   |   Business

While rejecting media reports claiming there is a decrease in sales of imported vehicles, the Vehicle Importers’ Association of Sri Lanka (VIASL) sa...

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LNP - Sri Lankan state banks’ capital vulnerable despite profit gains: Fitch

2025-04-25   |   Business

Fitch Ratings expects Sri Lanka’s state banks to continue to report weaker regulatory capital ratios than systemically important private banks, desp...

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LNP - Sri Lanka and US agree to expedite bilateral trade agreement

2025-04-25   |   Business

Sri Lanka and the United States have agreed to continue discussions aimed at finalizing a bilateral trade agreement between the two countries in the s...

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LNP - Apple to shift entire US iPhone assembly to India by 2026 amid trade war

2025-04-25   |   Business

Apple plans to relocate the assembly of all iPhones destined for the United States to India as early as next year, as escalating US-China trade tensio...

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LNP - Sri Lanka’s economy shows remarkable recovery in 2024, says World Bank

2025-04-23   |   Business

Sri Lanka’s economy has made a remarkable recovery in 2024, surpassing growth expectations by recording 5 percent growth, compared to the projected ...

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LNP - SLTB earns nearly Rs. 1.3 billion revenue in 9 days

2025-04-20   |   Business

Special bus services will continue to operate for commuters returning to Colombo after the Sinhala and Tamil New Year, according to the Transport Mana...

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LNP - SL ready to scrap para tariffs on imports from US

2025-04-17   |   Business

In its bid to retain access to the U.S. market in the wake of reciprocal tarrifs, Sri Lanka has proposed to do away with para tarrifs on imports from ...

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LNP - Expressways generate over Rs. 100 mn revenue in 48 hours

2025-04-13   |   Business

The revenue generated from expressway tolls on 11 and 12 April has exceeded Rs. 100 million, the Road Development Authority (RDA) said. The total...

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