Sri Lanka granted the United States a wide range of concessions in exchange for the US reducing its “reciprocal tariff” on Sri Lankan...
ByMGAugust 4, 2025The United National Party (UNP) has welcomed the reduction in reciprocal tariffs imposed on Sri Lanka by the United States, while urging the...
ByMGAugust 1, 2025U.S. President Donald Trump has signed an executive order reducing tariffs on Sri Lankan goods to 20%, down from the initially announced 44%...
ByMGAugust 1, 2025While Sri Lanka remains hopeful of concluding a proposed trade agreement with the United States before August, the Government has made it clear...
ByStaff WriterJuly 27, 2025Sri 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, 2025Excepteur sint occaecat cupidatat non proident