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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)

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 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)