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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)
President Donald Trump sent out tariff letters to six smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day. MORE..
9 Jul 2025 (11:56 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)
Rescuers pulled six crew members alive from the Red Sea on Wednesday and were searching for 15 still missing from the second of two freighters sunk in as many days by suspected Houthi attackers. MORE..
9 Jul 2025 (10:55 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)