LNP - Trump announces sweeping global trade tariffs - including 44% on Sri Lanka

2025-04-03   |   Business

United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing a baseline 10 per cent tax on all imports a...

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LNP - Colombo’s inflation climbs to -2.6% in March

2025-03-28   |   Business

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.6% in March 2025, com...

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LNP - Sri Lanka’s economy still vulnerable, sustaining reform momentum critical - IMF

2025-03-28   |   Business

The International Monetary Fund (IMF) says that the economic recovery is gaining momentum in Sri Lanka and that yet, the economy still remains vulnera...

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LNP - Trump announces 25% tariffs on car imports to US

2025-03-27   |   Business

BBC - US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen ...

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LNP - No tax revisions on vehicle imports this year - Hulangamuwa

2025-03-25   |   Business

Senior Economic Advisor to the President, Duminda Hulangamuwa, confirmed that there will be no revision of taxes on vehicle imports this year.  A...

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LNP - Be cautious with unknown investments, warns Central Bank Governor

2025-03-24   |   Business

A lack of financial literacy is the primary reason many Sri Lankans fall victim to pyramid schemes, says the Governor of the Central Bank of Sri Lanka...

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LNP - Tea exports dip in February

2025-03-24   |   Business

Sri Lanka’s tea exports fell in February, with volumes down 1.91 million kilograms year-on-year (YoY) to 20.40 million kilograms, industry data show...

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LNP - CID raises new suspicion over Piumi Hansamali’s cosmetics business

2025-03-21   |   Business

The Colombo Magistrate’s Court has directed the Illegal Assets Investigation Unit of the Criminal Investigation Department (CID) to further investig...

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LNP - Second lot of vehicles for domestic market discharged from HIP

2025-03-21   |   Business

The Hambantota International Port (HIP) successfully discharged the second batch of vehicles for the domestic market last week.  A total of 1,159...

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LNP - HIP successfully discharges second batch of vehicles for domestic market

2025-03-20   |   Business

Hambantota International Port (HIP) has successfully discharged its second batch of vehicles for the domestic market last week, continuing to strength...

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