Business

The U.S. does not have the economic capacity to impose its will on the rest of the world, former President Ranil Wickremesinghe said today.

The International Monetary Fund (IMF) says that the Sri Lankan government remains committed to program objectives and implementation is strong and commendable, but more time is needed to assess the implications for Sri Lanka of the external shock as global uncertainty remains elevated and is contributing to financial market volatility.

The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year, Verité Research says.

The price of a pound of 22-carat gold in Sri Lanka has risen to Rs. 235,500 today, according to traders, after the prices surged past the significant USD 3,200 per ounce mark for the first time in the world market.

President Kumara Dissanayake reportedly told the political party representatives yesterday that the U.S. tariffs slapped on Sri Lanka is a national calamity in economic terms similar to the tsunami disaster and the Covid-19 pandemic, and it should be dealt with through a national approach.

The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88 points to close at 15,580.83, reflecting a 4.74 percentage increase.

The Department of Immigration and Emigration announced that tokens for the one-day and normal passport services will be issued only till 12 noon on April 15, 16 and 17.

Sri Lanka Police has launched a pilot project to enable motorists to pay traffic fines online, in a move aimed at streamlining the payment process and promoting digital governance.

The Sri Lankan rupee has declined against the US dollar today (10), with the spot exchange rate surpassing the Rs. 300 mark for the first time since September 27, 2024.

The pilot project to introduce card payment options on expressways is set to be launched this week, the Ministry of Transport and Highways announced.