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Sri Lanka secures lower 10% US tariff rate following forced labour import ban

Sri Lanka, July 24 -- Sri Lanka has secured a lower 10% tariff rate on its exports to the United States under a new Section 301 trade directive, following a swift policy decision in Colombo to enact a... Read More


Sri Lanka faces economic risk as tax revenue outpaces growth

Sri Lanka, July 24 -- Tax collections in Sri Lanka surged by 49 percent in the first quarter of 2026 compared to the same period last year under the latest Extended Fund Facility programme. Meanwhile... Read More


21 leading companies involved in major dollar racket, CID tells court

Sri Lanka, July 24 -- Twenty one leading companies in Sri Lanka are involved in a massive racket of sending dollars abroad under the guise of importing goods in violation of the Customs Ordinance, the... Read More


Warrant issued for MP Ramanathan Archchuna

Sri Lanka, July 24 -- An arrest warrant was issued for Jaffna District Parliamentarian Ramanathan Archchuna by the Fort Magistrate's Court. The warrant was issued due to non-appearance for the case r... Read More


Train services to Talaimannar resume

Sri Lanka, July 24 -- Train operations from Colombo Fort to Talaimannar resume today (24). Accordingly, the train departs Colombo Fort daily at 3.50 p.m. and will reach the Talaimannar Pier railway s... Read More


Ditwah triggers 8% Keeri Samba shortage

Sri Lanka, July 24 -- Sri Lanka can currently meet only about 7% of its national rice demand through Keeri Samba, despite the variety normally accounting for roughly 15% of the country's total require... Read More


Sri Lanka's US tariff cut to 10%: Compliance costs could hit export demand, warns economist

Sri Lanka, July 24 -- Reduced tariff welcomed, but new challenges emerge Sri Lanka's export sector has secured a reduction in tariffs imposed by the United States, with exports now subject to a 10% t... Read More


Major projects deepen Sri Lanka-China strategic partnership

Sri Lanka, July 24 -- Bilateral ties and economic cooperation between Sri Lanka and China reached new heights through key infrastructure projects and mutual support over the past six years. The outgo... Read More


Eight mangrove ecosystems in Puttalam declared as new reserves

Sri Lanka, July 24 -- Eight mangrove forests in the Puttalam district will be declared as new reserves in line with the national programme to protect the country's forest system for future generations... Read More


Ministries working to fulfil expectations of the people

Sri Lanka, July 24 -- All ministries are currently carrying out work fulfilling the expectations of the people, said former Speaker and Parliamentarian Asoka Ranwala. Ministers of the current governm... Read More