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Sri Lanka

Hambantota oil refinery in limbo; deadlock over fuel sales threatens SL’s largest FDI project

Sri Lanka’s largest proposed foreign direct investment, the $3.7 billion Sinopec oil refinery in Hambantota, has come to a standstill amid an unresolved...

Politics

Senior SJB MPs call for leadership overhaul

Mounting internal pressure is threatening to shake the foundations of the Samagi Jana Balawegaya (SJB), with ten senior Members of Parliament and several...

Sri Lanka

Sri Lanka Police caught using PTA for arbitrary detentions

It has been confirmed in the court that the police are arbitrarily arresting individuals and detaining them on terrorism-related charges under the Prevention...

Sri Lanka

Senior presidential advisor says US tariff hike could push apparel duties to 40%

Senior Economic Adviser to the President, Duminda Hulangamuwa, said that the proposed 30% tariff on Sri Lankan exports to the United States is...

Sri Lanka

US tariffs on Sri Lanka and Philippines may shift trade advantage to India

India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States as...

Business

US tariffs: Govt inaction could cost thousands of jobs in rubber sector

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has called on the Government to intensify negotiations with the United...

Politics

Sri Lanka is fast becoming a colony of India – Pubudu Jayagoda

Sri Lanka is fast becoming a colony of India in the aftermath of the agreements signed on 05 April, said the Frontline Socialist...

Sri Lanka

New US tariff to affect very adversely on Sri Lankan exports

The tariff newly-imposed by the US will have a very adverse effect on Sri Lankan exports, said professor of economics Priyanga Dunusinghe of...