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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)

Brazilian President Luiz Inácio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States. MORE..

10 Jul 2025 (10:46 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)

Former President Ranil Wickremesinghe has extended his birthday wishes to former Prime Minister Malaysia Mahathir Mohamad, who turned 100 on Thursday (July 10). MORE..

10 Jul 2025 (9:29 PM)