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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)
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 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)
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 relatively mild earthquake of magnitude 4.4 jolted Delhi and nearby areas on Thursday morning. The earthquake originated around Jhajjar in Haryana and was felt across the National Capital Region. MORE..
10 Jul 2025 (4:36 PM)
