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Sri Lanka's apparel exports to the US dropped 7.59 percent in May 2025, amid Trump tariff uncertainty, but shipments to other markets, allowed the almost the same revenues to be maintained, Joint ...
The global economy faces a sharp slowdown induced by the most severe trade war since the 1930s, Fitch Ratings has said.
Batteries for solar power are hit with 46 percent in taxes at the point of import making them expensive in Sri Lanka compared ...
Sri Lanka's state-run Ceylon Electricity Board said it will pay 45.80 rupees a unit (about 15 US cents at 300 rupees a dollar ...
ECONOMYNEXT – Sri Lankans with re-entry visas who returned from Israel during the recent flare up of hostilities with Iran ...
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