Business News

About 55 per cent of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald …

The Aluthkade Magistrate’s Court has imposed a total fine of Rs. 600,000 on three branches of a leading supermarket chain after …

Expressing his happiness over the decision by the USA to reduce tariffs on Sri Lankan exports, Opposition MP Harsha de Silva said …

President Trump signed an executive order on Wednesday, July 30, ending the de minimis trade loophole that allows for low-value go…

In response to recent media reports and rising public concern over a consignment of BYD electric vehicles imported into Sri Lanka,…

Sri Lankan exports to the United States have increased in the month of June as the new 30% tariff rate announced by US President D…

The government of Japan has signed an agreement to continue its scholarship programme for executive-level government officials in …

The Supreme Court of Sri Lanka today (24) ordered a shipping company to pay US$1 billion in compensation for the environmental and…

Neither the Central Bank of Sri Lanka (CBSL) nor the government has taken any decision to impose restrictions on vehicle imports a…

The state revenue has surged to Rs. 1,942.36 billion during the first five months of 2025, marking a 19.95% increase in comparison…

The European Union in Sri Lanka and the Maldives has issued an alert warning of a scam by an individual impersonating an official …

A Sri Lankan government delegation is set to depart for the United States on Friday (18) to hold negotiations aimed at reducing ta…

The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local bu…

Sri Lanka’s domestic clothing brands are calling for a drastic 300 to 400 percent increase in the Commodity Export Subsidy Schem…

India is poised to secure another strategic investment in Sri Lanka with plans by its public sector company under the Indian Defen…

An estimated 500,000 students and 150,000 teachers across Sri Lanka are set to benefit from a new $50 million additional financing…

Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearanc…

Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wi…

Following the recent relaxation of vehicle imports, the Department of Motor Traffic (DMT) announced today that a total of 73,489 n…

Oil prices jumped more than $4 a barrel on Friday, hitting their highest price in almost five months after Israel struck Iran, dra…

The state-owned Valaichchenai Paper Mill is currently operating at a profit, according to Minister of Industry and Entrepreneurshi…

A businessman has been handed a suspended six-month prison sentence and fined Rs. 10,000 after being found guilty of displaying ex…

The Coconut Research Institute has forecast a further decline of 250 million nuts crop for the first half of 2025 harvest during t…

The sugar importers have urged President and Finance Minister Anura Kumara Dissanayake not to increase the existing sugar import t…

The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure incl…