Criticising is always easy So long as the National People’s Power (NPP) was not in power, its leaders claimed moral high ground over other major political parties, especially those that have ruled the ...

President Anura Kumara Dissanayake stated that, as a result of recent discussions with the United States, the previously imposed reciprocal tariff rate on Sri Lanka was successfully reduced from 44% ...

EXPANSION plans in Fiji by Sri Lankan conglomerate Aitken Spence PLC through its subsidiary company Elpitiya Plantations has ...

Interest costs declined to 80% of revenue in 2023 and to 66% in 2024, averaging 72.8%. However, this remains significantly higher than the IMF’s anticipated average of 60.3%. Interest payments were ...

Currently, over 50 per cent of households are burdened by debt, struggling to meet repayments amid the rising cost of living.

United States is Sri Lanka’s largest single export destination, accounting for 23 per cent of its total merchandise exports in 2024, reports maintained adding, among the most affected sectors will ...

Let this be our solemn vow: no MoU, no foreign power, no local custodians shall divide or diminish the Buddha Sasana. The ...

Courtesy The Daily Mirror U.S. President Donald Trump has added Sri Lanka to his growing list of trade targets, issuing a letter on Wednesday announcing a new 30% tariff on all imported goods from Sri ...

The United States yesterday”s announcement of a 30% tariff on Sri Lankan imports marks a significant blow to the country’s export sector, with estimated losses projected between USD 1.2 to 1.5 billion ...

China and Pakistan are reportedly trying to create a new regional bloc that can be an alternative to the increasingly ...

In late May 2025, Tokyo announced that it would welcome one lakh (100,000) skilled workers from Bangladesh over the next five years. This initiative will be formaliz ...

“If this is the end number, Sri Lanka is in trouble because our competitors, such as Vietnam, have received lower tariffs,” Yohan Lawrence, of the Joint Apparel Associations Forum, or JAAF, ...