Bangladesh has secured a 20% US tariff rate—comparable to its key apparel-sector competitors such as Sri Lanka, Vietnam, Pakistan and Indonesia, which received rates between 19% and 20%. As a result, …
Sri Lanka’s collective sigh of relief over reduction in reciprocal tariffs should not mask challenges ahead
With the tariff relief comes the inevitable challenges for Sri Lanka. Any perception of foreign policy deviation, or resistance to future U.S. demands — whether related to China, military basing, or …
Over 40 garment workers injured as bus plunges off road in Sri Lanka
Over 40 garment factory workers were injured when the bus they were traveling in veered off the road and plunged down a slope in …
NDB Bank named Sri Lanka’s Best Digital Bank for SMEs at the prestigious Euromoney Awards 2025
National Development Bank PLC (NDB) was recently named Sri Lanka’s Best Digital Bank for SMEs at the Euromoney Awards for Excellence 2025, reaffirming its leadership in delivering progressive, …
Sri Lanka dreams big with launch of snazzy entertainment city in Colombo
Experience luxury at City of Dreams Colombo, a world-class integrated resort redefining Sri Lanka’s tourism landscape.
CEAT Kelani recognised once again at National Business Excellence Awards 2025
CEAT Kelani Holdings, Sri Lanka’s leading manufacturer of pneumatic tyres and the company behind the country’s highest-selling tyre brand CEAT, has once again been recognised for business excellence, …
Sri Lanka’s top 100 brands increased in value to Rs559.4bn: Brand Finance
Sri Lanka’s 100 Most Valuable Brands have increased in value and now holds a combined brand value of LKR559.4 billion in 2025, according to the Sri Lanka 100 2025 ranking by Brand Finance, the world’s …
Sri Lanka to continue trade discussions with US after tariff relief – Finance Secretary
The United States has announced a reduction in the reciprocal tariff rate imposed on goods imported from Sri Lanka, lowering it from 30 percent to 20 percent …
Launch of City of Dreams Sri Lanka casino resort to be ‘transformative’ for South Asia: local partner
The real-estate developer partner in the City of Dreams Sri Lanka casino resort says the property’s official launch on Saturday (August 2) will see “the operationalisation of all elements including a …
City of Dreams Sri Lanka debuts South Asia’s first integrated luxury resort
City of Dreams, Sri Lanka’s largest private sector investment in luxury tourism, will open its doors today, marking the official launch of South Asia’s first fully integrated resort. ..