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US tariff hits SL at 30%

Sri Lanka, July 10 -- The United States will impose a 30 percent tariff on all goods exported from Sri Lanka starting 1 August, softening its earlier proposal of a 44 percent levy announced in April u... Read More


SL must go well beyond IMF programme: Prof. Sally

Sri Lanka, June 26 -- Sri Lanka could miss a once-in-a-generation opportunity to plug into the fast-growing supply chains of southern India - that is unless the island nation pushes through market-ope... Read More


"This time must be different!" IMF First Deputy MD Dr. Gita Gopinath tells SL

Sri Lanka, June 17 -- Sri Lanka received what can be called a charged address from the International Monetary Fund (IMF) yesterday, which declared that the island nation's recovery from its worst econ... Read More


President draws red line on tax relief

Sri Lanka, June 3 -- Sri Lanka's private sector received a firm directive from President Anura Kumara Dissanayake yesterday, who said businesses "must pay fair taxes" and not seek tax revisions for in... Read More


NEXT closure highlights urgent need for cost reforms - JAAF

Sri Lanka, May 26 -- Sri Lanka's apex apparel body has sounded the alarm on the growing burden of operational costs, calling for urgent, industry-wide collaboration following the sudden closure of NEX... Read More


This time must be different!" IMF First Deputy MD Dr. Gita Gopinath tells SL

Srilanka, May 17 -- Sri Lanka received what can be called a charged address from the International Monetary Fund (IMF) yesterday, which declared that the island nation's recovery. from its worst econ... Read More


SL human development progress slows as regional peers catch up

Srilanka, May 7 -- Sri Lanka continues to stand tall in the high human development category. However, latest data by the United Nations shows that the momentum is slowing, with regional peers closing ... Read More