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Distress is in store for Sri Lanka s garments sector if the island nation is unable to clinch a tariff lower than the 30% figure U.S. President Donald Trump has clamped on imports from Colombo, a top industry body warned on Thursday. MORE..
10 Jul 2025 (1:02 PM)
Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to turn positive around next month, Central Bank of Sri Lanka Governor P. Weerasinghe said on Wednesday. MORE..
9 Jul 2025 (6:45 PM)
US President Donald Trump on Wednesday announced a fresh round of tariffs targeting seven countries -- Sri Lanka, Algeria, Brunei, Iraq, Libya, Moldova and the Philippines. MORE..
10 Jul 2025 (12:15 AM)
Commenting on US President Donald Trump s decision to impose a 30% reciprocal tariff on all goods imported from Sri Lanka, the leader of the Sarvajana Balaya alliance and Member of Parliament Dilith Jayaweera said the move further underscores the urgent need for Sri Lanka to adopt a strong economic model.. MORE..
10 Jul 2025 (12:36 PM)
US President Donald Trump said he was planning to impose a 50% tax on goods made in Brazil, escalating his fight with the South American country. MORE..
10 Jul 2025 (8:32 AM)
