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The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local businesses, however the rate is a substantial increase from the existing 10% duty, Economist Dhananath Fernando stated. MORE..

10 Jul 2025 (7:23 PM)

A discussion has been between trade union representatives and Minister of Energy Kumara Jayakody regarding the draft legislation and process related to the restructuring of the Ceylon Electricity Board (CEB), at the Ministry of Energy premises. MORE..

10 Jul 2025 (8:31 PM)

Several spells of showers will occur in the Western and Sabaragamuwa provinces and in the Kandy, Nuwara-Eliya, Galle and Matara districts today (11), the Department of Meteorology said. MORE..

11 Jul 2025 (7:08 AM)

Gold prices rose on Thursday, driven by the weakness of the U.S. dollar amid heightened global trade tensions, following President Donald Trump s imposition of reciprocal tariffs on several countries. MORE..

10 Jul 2025 (5:37 PM)

The reciprocal 30% tariff proposed by the US President Donald Trump yesterday (09), will be in addition to the existing duties imposed on products exported from Sri Lanka to the US, said the Senior Economic Advisor to the President, Duminda Hulangamuwa. MORE..

10 Jul 2025 (4:14 PM)

A total of eight individuals sustained serious injuries when a van veered off the road and plunged about 70 feet down a precipice in Nanu Oya. MORE..

10 Jul 2025 (5:22 PM)