Sri Lanka is grappling with two significant external economic threats that could impact its fragile recovery, prompting the International Monetary Fund (IMF) to...
ByStaff WriterJuly 24, 2025The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the...
ByStaff WriterJuly 21, 2025Deputy Minister of Land and Irrigation, Susil Ranasinghe, has claimed that in the present global economic context, the United States needs Sri Lanka...
ByStaff WriterJuly 19, 2025Deputy Minister of Finance Prof. Anil Jayantha has admitted to making an error in a previous statement in which he claimed that Sri...
ByStaff WriterJuly 19, 2025Former President Ranil Wickremesinghe has called on the government to use Sri Lanka’s debt restructuring programme, particularly concerning international sovereign bonds (ISBs), as...
ByStaff WriterJuly 18, 2025The United States has offered to accept 70 to 80% of products exported from Sri Lanka without imposing any tariffs, Deputy Minister of...
ByStaff WriterJuly 17, 2025The EU’s retaliatory tariffs on US exports have been delayed again, European Commission President Ursula von der Leyen has announced. The countermeasures, which...
ByStaff WriterJuly 14, 2025An 18 per cent VAT on non-resident digital services providers, effective from October and mainly targeting IT firms based in the United States,...
ByStaff WriterJuly 13, 2025Excepteur sint occaecat cupidatat non proident