Business News
Business Ex-Trade Ministry Secretary Priyanka Madduma Bandara arrested by Bribery Commission
Priyanka Madduma Bandara, who previously served as the Secretary to the Ministry of Trade, has been detained by the Commission to Investigate Allegations of…
Business Donald Trump s new tariff comes into effect at lower than expected rate
US President Donald Trump’s new global tariffs have started at a rate of 10%, which is lower than he initially promised. After the Supreme Court stopped many…
Business Approval granted for new Ambassadors to Ethiopia and Iran
The Committee on High Posts in Parliament has given its approval for the appointments of two Heads of Mission and a Ministry Secretary. This decision was made…
Business Newlywed couple killed in motorcycle-bus collision in Dambulla
A tragic motorcycle-bus accident in Yapagama, Dambulla has claimed the lives of a newlywed couple who had been married for just three months, according to…
Business Trump s new tariffs shift focus to balance of payments; economists see no crisis
President Donald Trump has introduced temporary 15% tariffs to replace those recently invalidated by the U.S. Supreme Court. These tariffs aim to address a…
Business India and US defer trade talks after Supreme Court s tariff ruling
India and the United States have postponed their trade discussions that were scheduled for this week. This delay comes as both countries "study the…
Business Indian Embassy urges nationals to leave Iran amid protests
The Embassy of India in Iran on Monday issued an advisory asking Indian nationals to leave Iran through available means of transport, including commercial…
Business Sri Lanka apparel exports to UK projected to increase by 10% under new tariff-free scheme
British High Commissioner to Sri Lanka Andrew Patrick and Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe have visited…
Business 25 Sri Lankan students land in Pakistan for medical studies
Twenty-five Sri Lankan students have landed in Pakistan to study MBBS in top medical universities through the Allama Iqbal Scholarships for Sri Lankan…
Business US to stop collecting tariffs deemed illegal by Supreme Court on Tuesday
The U.S. Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01…
Business EU says it will accept no increase in US tariffs after Supreme Court ruling- a deal is a deal
The European Commission demanded on Sunday that the United States stick to the terms of an EU-U.S. trade deal reached last year, after the U.S. Supreme Court…
Business Litro Gas commences distribution of 300,000 domestic gas cylinders
Litro Gas Lanka has announced that it has commenced the distribution of 300,000 domestic gas cylinders to the market. The company stated that the cylinders are…
Business Mexican drug lord killing sparks revenge attacks; cars and businesses set ablaze, highways blocked
Within hours of the killing of Mexican drug lord Nemesio Oseguera, better known as El Mencho, in a military raid on Sunday, gunmen suspected to be his…
Business Dondra shooting- More details revealed, suspects vehicle found abandoned
It has been revealed that the fatal shooting of a fish trader in Dondra, Matara , this afternoon occurred despite the victim being under police protection due…
Business Gold prices in Sri Lanka increase by Rs. 4,000
Gold prices in Sri Lanka have risen by around Rs. 4,000, according to market data. Traders at Colombo ’s Sea Street reported that the price of a 22-carat gold…
Business Person injured in shooting incident near supermarket in Dondra
A person has reportedly been shot and injured near a supermarket at Dondra, within the Gandara police division, a short while ago. The injured shooting victim,…
Business Dondra shooting victim succumbs to injuries
The fish trader who was shot and injured near a supermarket in Dondra has succumbed to his injuries on admission to hospital, police said. Earlier, it was…
Business Trump brings in new 10% tariff as Supreme Court rejects his global import taxes
US President Donald Trump has imposed a new 10% global tariff to replace ones struck down by the Supreme Court, calling the ruling “terrible” and lambasting…
Business Hearing of Sathosa case against ex-minister Johnston postponed to March 11
The Colombo High Court has decided to delay the hearing of the case against former Minister Johnston Fernando and two others until March 11, 2026. This…
Business President Anura Kumara holds bilateral meeting with Indian PM Modi
Indian Prime Minister Narendra Modi met with Sri Lankan President Anura Kumara Dissanayake on Friday in New Delhi. Their meeting took place during the Global…
Business UK police search royal mansion as investigation into king s brother goes on
British police conducted a search at the former residence of King Charles' younger brother, Andrew Mountbatten-Windsor, on Friday. This comes after a photo of…
Business King Charles brother Andrew released after arrest over misconduct relating to Epstein
King Charles' younger brother, Andrew Mountbatten-Windsor, was let go from police custody on Thursday night after being arrested for suspected misconduct in…
Business King Charles says law must take its course after Andrew arrest
King Charles III of Britain stated on Thursday that “the law must take its course” following the arrest of his brother, former Prince Andrew. Andrew was taken…
Business King Charles brother Andrew arrested by police - British media
British police have detained Andrew Mountbatten-Windsor, who is King Charles' younger brother, on suspicion of misconduct in public office. On Thursday,…