ECONOMYNEXT – Sri Lanka stocks opened up on Thursday after US President Donald Trump announced a 90-day pause on enforcing increased tariffs on exports. The All Share Price Index was trading up 4.78%, …
The future of Sri Lanka’s garment industry
The Narendra Modi visit and what it means for the Sri Lankan garment sector A 44% Trump tariff Could seriously impact Sri Lankan business and thereby FDI and jobs says Sri Lanka’s Garment industry.
Sri Lanka passes landmark law to recover stolen assets
COLOMBO] Sri Lanka’s government introduced sweeping legislation on Tuesday (Apr 8) to recover stolen assets and pave the way for the prosecution of high-profile politicians from previous …
Central Bank presents 2024 Annual Economic Review to President
The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to the President and Minister of Finance, Anura Kumara Dissanayake, highlig …
India’s Adani opens giant Sri Lanka container terminal
Sri Lanka lies at a key halfway point along the main east–west international maritime route and Colombo is a major transhipment hub for South Asia.
India’s Adani opens giant Sri Lanka container terminal
Sri Lanka lies at a key halfway point along the main east–west international maritime route and Colombo is a major transhipment hub for South Asia.
PM Modi departs for home after concluding ‘productive’ visit to Sri Lanka
Prime Minister Narendra Modi departed for India on Sunday after concluding a “very productive” visit to Sri Lanka where he held extensive talks with President Anura Kumara Dissanayake and witnessed …
India and Sri Lanka sign defense and energy deals as Modi’s visit strengthens ties
Indian Prime Minister Narendra Modi has inaugurated construction work on an jointly funded solar plant in neighboring Sri Lanka and witnessed the signing of energy and defense agreements.
South Asian garment makers anxious about future after Trump’s ‘shock’ tariffs: ’Terrible for business’
The tariffs have pushed companies in mostly impoverished South Asian countries such as Sri Lanka and Bangladesh – both nations that have recently witnessed political upheaval and a socio-economic …
India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence
India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’s foreign ministry said on Saturday, as New Delhi’s competition with China grows in the Indian Ocean island …