Business

190 Articles
Business

Sri Lanka sees surge in remittances and export earnings in March

Sri Lanka recorded a notable increase in export earnings and foreign remittances in March 2025, according to the latest data released by the...

Business

More US energy imports on the table for Sri Lanka

Sri Lanka has made significant progress in discussions with United States trade authorities and the International Monetary Fund (IMF), with both engagements yielding...

Business

US trade war carries risks for many APAC sovereign ratings, including Sri Lanka – Fitch

Increases in US tariffs will weigh on the credit metrics of many sovereigns in the Asia-Pacific (APAC) and risks will rise if higher...

Business

BOI initiates industry dialogue on reciprocal US tariffs and the way forward

Chairman of the Board of Investment (BOI) Arjuna Hearth has invited all top 50 exporters of the BOI in key industries to open...

Business

CMA CGM strengthens partnership with SLPA Terminals, achieves milestone volume

CMA CGM, one of the world’s top three shipping lines, continues to reinforce its long-standing partnership with the Sri Lanka Ports Authority (SLPA)...

Business

South Asian garment makers anxious about future after Trump’s ‘shock’ tariffs

Manufacturers and suppliers across Asia are anxious over the future of apparel hubs following Donald Trump’s sweeping tariffs that they believe could endanger...

Business

Thousands of apparel sector jobs at risk due to U.S. tariff policy

Sri Lanka’s apparel industry has expressed its concern over the Reciprocal Tariff policy announced by the US government. The new tariffs proposed could...

Business

Vehicle imports hampered by delays at Finance Ministry

Industry leaders are raising concerns over delays in decision-making within the Ministry of Finance, particularly regarding vehicle imports, which they say have hindered...