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Trump says to send ’20 – 25 – 30′-pct tariff letters, as Sri Lanka awaits fate

Trump says to send ’20 – 25 – 30′-pct tariff letters, as Sri Lanka awaits fate

ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...

ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka

ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka

ECONOMYNEXT – Youth unemployment remains high across many parts of Asia, including Sri Lanka, the Asian Development Bank has said, and countries must reform education systems and expand vocational training, while enabling youth-led enterprises....

IMF forgives Sri Lanka mis-reporting spending arrears by error

IMF forgives Sri Lanka mis-reporting spending arrears by error

ECONOMYNEXT – President Donald Trump has said he will he will likely send letters from Friday (Washington time) setting out import tariffs of 20 to 25 to 30 percent instead of haggling over individual items in complex trade agreements as Sri Lanka...

Why Sri Lanka needs smarter approach to tobacco tax policy

Why Sri Lanka needs smarter approach to tobacco tax policy

Perhaps most critically, TETSiM fails to incorporate two of the most significant realities in Sri Lanka’s tobacco landscape: the vast beedi market and illicit cigarette trade By Chathura Ranawana Sri Lanka’s tobacco taxation strategy is facing...

Languages and labour on tea estates in South India and Sri Lanka: Part 2

Languages and labour on tea estates in South India and Sri Lanka: Part 2

In the late 19th century, coffee plantations first in Ceylon and then in mainland India were swept by a fungal epidemic. The disease was called coffee leaf rust, and caused the slow and inevitable death of coffee plants. British planters detected...

Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...

Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...

As the Bangladesh tour of Sri Lanka shifts to the second ODI on July 5 at the R. Premadasa Stadium in Colombo, fantasy cricket users on Dream11 are gearing up for another competitive contest. With Sri Lanka taking a 1-0 lead in the three-match...

Sri Lanka’s Tamil parties back US-Israel war against Iran

Sri Lanka’s Tamil parties back US-Israel war against Iran

US Ambassador Julie Chung (centre), with ITAK parliamentarians (from left): Kaveendiran Kodeeswaran, Elayathamby Srinath, Shanakiyan Rasamanickam, Thurairasa Ravikaran, Sivagnanam Shritharan, P. Sathiyalingam, Gnanamuththu Srineshan, K. S....

Sri Lanka’s fielding revolution sparks ODI resurgence

Sri Lanka’s fielding revolution sparks ODI resurgence

If there was one glaring chink in Sri Lanka’s armour during their disastrous 2023 World Cup campaign, it was their fielding. Sloppy, uninspired and error-strewn, the islanders dropped more catches than any other team, earning the unenviable tag of...

Sri Lanka's GDP to fall 1.5 percent on U.S. tariff hike: IMF

COLOMBO, July 4 (Xinhua) -- Sri Lanka's GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports and lowers tariffs on competitor trading partners, according to an IMF country report. At...

Sri Lanka secures € 30 m debt relief deal with Hungary

Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance PLC to reschedule outstanding loans valued at around € 30 million (approximately Rs. 10.5...

Sri Lanka–UAE trade relations bolstered through exclusive session with UAE Ambassador at National Chamber

Sri Lanka–UAE trade relations bolstered through exclusive session with UAE Ambassador at National Chamber

The National Chamber of Commerce of Sri Lanka successfully hosted an exclusive Bilateral Trade and Investment Session with the gracious presence of Ambassador of the United Arab Emirates (UAE) to Sri Lanka Khaled Nasser Al Ameri on Tuesday, 1...

Sri Lanka-Greater Mekong Business Council hosts exclusive Members’ Networking Evening at Port City

Sri Lanka-Greater Mekong Business Council hosts exclusive Members’ Networking Evening at Port City

Sri Lanka-Greater Mekong Business Council President Nimal Ratnayake SLGMBC Committee members and invitees The Sri Lanka-Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce hosted an exclusive Members’ Networking Evening on...

Sri Lanka unlocks new market opportunities with 15 conformity assessment accreditations by SLAB

Sri Lanka Accreditation Board (SLAB), under the patronage of the Ministry of Trade, Commerce, Food Security and Cooperative Development, marked a significant milestone with the accreditation of 15 Conformity Assessment Bodies (CABs), bolstering...

Sri Lanka Customs Surpasses Rs. 1 Trillion in Revenue in First Half of 2025

Sri Lanka Customs Surpasses Rs. 1 Trillion in Revenue in First Half of 2025

Sri Lanka Customs has generated over Rs. 1 trillion in revenue during the first six months of 2025, according to Media Spokesperson and Additional Director General of Customs Seevali Arukgoda. Speaking at a media briefing held today (July 3) in...

Sri Lanka Expo 2026 after 14-year hiatus

Signalling a bold push to revitalise the country’s export promotion efforts, the Cabinet of Ministers on Tuesday greenlit the return of the Sri Lanka Expo Exhibition in 2026, reviving the flagship trade show after a 14-year hiatus. The Sri Lanka...

Sri Lanka Aims for Debt Repayment Capability by 2028, Says Minister Lalkantha

Sri Lanka Aims for Debt Repayment Capability by 2028, Says Minister Lalkantha

Agriculture, Land, Irrigation and Livestock Minister K. D. Lalkantha stated that the Government is committed to achieving debt repayment capability by 2028, while staying on course with the reform programme agreed upon with the International...

Unigra and Eiger Holdings host high-impact culinary demonstration to elevate Sri Lanka’s HORECA standards

Unigra and Eiger Holdings host high-impact culinary demonstration to elevate Sri Lanka’s HORECA standards

Chef Marco Caverni with participants from Colombo’s HORECA sector following technical demonstration hosted by Eiger Holdings and Unigra Chef Marco Caverni Eiger Holdings Ltd., in strategic partnership with Unigra, a global leader in...

SLITPA UAE Awards 2025 honours Sri Lankan IT professionals

SLITPA UAE Awards 2025 honours Sri Lankan IT professionals

The Sri Lankan IT Professionals Association (SLITPA) UAE, with the support of the Consulate General of Sri Lanka to Dubai and the Northern Emirates, successfully hosted the SLITPA UAE Awards Night 2025 on 28 June at the Pullman Dubai Creekside...

A city rising: How Port City Colombo secures Sri Lanka’s tomorrow

A city rising: How Port City Colombo secures Sri Lanka’s tomorrow

Nevanka Jayatilleke By Nevanka Jayatilleke Port City Colombo: A tangible win for Sri Lanka’s future Sri Lanka is a land of endurance. Over the many trials that our country has faced over its history, the hallmark of our people is their resilience....

Why the Maharaja Organisation thinks Sri Lanka needs its own ‘Shosholoza’

Why the Maharaja Organisation thinks Sri Lanka needs its own ‘Shosholoza’

A vivid performance that blended African and Sri Lankan traditions, featuring dance, storytelling, with the iconic lion of both nations at the EOTY 2025 Chairman Sashi Rajamahendran welcoming President Thabo Mbeki to the Executive of the Year...

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