Business

LNP – China to impose 34% retaliatory tariff on all goods imported from US

LNP – China to impose 34% retaliatory tariff on all goods imported from US

China on Friday announced a slew of additional tariffs and restrictions against U.S. goods as a countermeasure to sweeping tariffs…

2 hours ago
LNP – Apparel sector in jeopardy as US slaps new reciprocal tariff

LNP – Apparel sector in jeopardy as US slaps new reciprocal tariff

Sri Lanka’s apparel sector, the country’s largest export industry, is bracing for a major setback after the United States announced…

5 hours ago
LNP – CAA issues gazette setting maximum retail prices for bottled water

LNP – CAA issues gazette setting maximum retail prices for bottled water

The Consumer Affairs Authority (CAA) issued a special gazette notification enforcing maximum retail prices for PET bottled drinking water, effective…

8 hours ago
LNP – USA Tariff slap – Significant risk to SL economy

LNP – USA Tariff slap – Significant risk to SL economy

The United States yesterday announced and introduced a significant shift in its trade policy by imposing tariffs on imports, marking…

9 hours ago
LNP – ‘If we fail to negotiate on US tariffs, we have other options’: Minister on Sri Lanka’s stance

LNP – ‘If we fail to negotiate on US tariffs, we have other options’: Minister on Sri Lanka’s stance

Sri Lanka’s Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando says that Sri Lanka will…

1 day ago
LNP – Oil prices fall into negative territory as Trump announces new tariffs

LNP – Oil prices fall into negative territory as Trump announces new tariffs

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald…

1 day ago
LNP – President appoints expert panel to evaluate US tariff impact, propose solutions

LNP – President appoints expert panel to evaluate US tariff impact, propose solutions

President Anura Kumara Dissanayake has appointed a high-level committee to analyze the potential economic impact of the newly imposed reciprocal…

1 day ago
LNP – Trump announces sweeping global trade tariffs – including 44% on Sri Lanka

LNP – Trump announces sweeping global trade tariffs – including 44% on Sri Lanka

United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing a baseline 10 per cent…

2 days ago
LNP – Sri Lanka records over 720,000 tourist arrivals in first quarter of 2025

LNP – Sri Lanka records over 720,000 tourist arrivals in first quarter of 2025

The Sri Lanka Tourism Development Authority (SLTDA) has reported that a total of 229,298 tourists have arrived in the country…

2 days ago
LNP – TIN mandatory for DMT services from April 15

LNP – TIN mandatory for DMT services from April 15

The Department of Motor Traffic (DMT) has made it mandatory to provide the Taxpayer Identification Number (TIN) in order to…

3 days ago