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Tag: Sri Lanka

Posted on July 10, 2025

Sri Lanka’s apparel industry alarmed by US tariff of 30%, hopes for cut

By Uditha Jayasinghe COLOMBO (Reuters) -Distress is in store for Sri Lanka’s garments sector if the island nation is unable to clinch a tariff lower than the 30% figure U.S. President Donald Trump has …
Posted on July 10, 2025

Sri Lanka issued 30-pct Trump tariff letter, down from 44-pct

US President Donald Trump has issued a letter to President Anura Kumara Dissanayake, setting a 30 percent tariff rate for Sri Lanka down from an original 44 percent in April.
Posted on July 10, 2025

Sri Lanka issued 30-pct Trump tariff letter, down from 44-pct

US President Donald Trump has issued a letter to President Anura Kumara Dissanayake, setting a 30 percent tariff rate for Sri Lanka down from an original 44 percent in April.
Posted on July 10, 2025

Trump shares 7 more tariff letters addressed to Philippines, Sri Lanka, other emerging economies

The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White House dubbed “Liberation Day” in early April.
Posted on July 10, 2025

Trump shares 7 more tariff letters addressed to Philippines, Sri Lanka, other emerging economies

The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White House dubbed “Liberation Day” in early April.
Posted on July 10, 2025

Sri Lankan government’s assault pushes health services to the brink

The crisis in Sri Lanka’s public health services has brought home the fact there is no solution, to even the most basic problems, within the capitalist system.
Posted on July 9, 2025

Real estate, consumer discretionary stocks lift Sri Lanka shares

Sri Lankan shares closed higher on Wednesday, aided by gains in real estate and consumer discretionary stocks. The CSE All Share index settled up 0.72% at 18,161.49. United Motors Lanka and Sathosa …

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Posted on July 9, 2025

DFCC Bank strengthens commitment to rural economic empowerment through tea sector engagement

DFCC Bank is reaffirming its commitment to rural economic empowerment by driving financial awareness within Sri Lanka’s tea value chain. As part of its broader national strategy to support micro, …
Posted on July 8, 2025

Ventive Hospitality stock surges 4% as it expands partnership with Marriott International

The partnership marks multiple brand debuts in key locations including Sri Lanka, Varanasi, Mundra, Pune, and Navi Mumbai.
Posted on July 7, 2025

Sri Lanka to Roll Out Property Tax In 2027

Sri Lanka is preparing to introduce a nationwide property tax system by the first half of 2027, according to the latest staff repo – Get the latest breaking news and top stories from Sri Lanka, the …

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