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World shares retreated Friday after President Donald Trump issued a new set of import duties that will apply to dozens of countries as of Aug. 7. MORE..

1 Aug 2025 (5:11 PM)

Leader of the Opposition Sajith Premadasa, Sajith Premadasa, has welcomed the recent decision by the United States to reduce the trade tariff imposed on Sri Lankan exports to 20 percent. MORE..

1 Aug 2025 (4:44 PM)

The Exporters Association of Sri Lanka and the Joint Apparel Association Forum (JAAF) today welcomed and commended the significant progress achieved in the trade negotiations between Sri Lanka and the United States, which have led to a reduction in tariffs on Sri Lankan exports to the U.S. marketnow lowered to 20%. MORE..

1 Aug 2025 (11:36 PM)

Mount Lewotobi Laki Laki, one of Indonesia s most active volcanoes, erupted for a second straight day, sending a column of volcanic materials and ash up to 18 kilometers (11 miles) into the sky early Saturday and blanketing villages with debris. No casualties were immediately reported. MORE..

2 Aug 2025 (2:51 PM)

Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa has welcomed the recent reduction in U.S. reciprocal tariff rates on Sri Lankan goods, while urging the Government to disclose full details of the trade and security agreements reached with the United States. MORE..

2 Aug 2025 (1:00 PM)

The United National Party (UNP) has welcomed the recent executive order issued by U.S. President Donald Trump, which further reduces the reciprocal tariff rates on Sri Lankan exports. MORE..

1 Aug 2025 (5:58 PM)