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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)

Bangladesh has proposed to increase imports from the US on the first day of tariff talks between the two countries, a Bangladeshi official said on Thursday. MORE..

10 Jul 2025 (9:04 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)

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)

A meeting between Minister of Health and Mass Media, Dr. Nalinda Jayatissa and U.S. Ambassador to Sri Lanka Julie J. Chung, was held this afternoon (10), at the Ministry of Health premises. MORE..

10 Jul 2025 (10:31 PM)

The Ceylon Chamber of Commerce (CCC) has welcomed the reduction by the United States in the reciprocal tariff rate from 44% to 30% and urged the government to continue discussion with US authorities. MORE..

10 Jul 2025 (4:41 PM)