EXPANSION plans in Fiji by Sri Lankan conglomerate Aitken Spence PLC through its subsidiary company Elpitiya Plantations has ...

Interest costs declined to 80% of revenue in 2023 and to 66% in 2024, averaging 72.8%. However, this remains significantly higher than the IMF’s anticipated average of 60.3%. Interest payments were ...

United States is Sri Lanka’s largest single export destination, accounting for 23 per cent of its total merchandise exports in 2024, reports maintained adding, among the most affected sectors will ...

Currently, over 50 per cent of households are burdened by debt, struggling to meet repayments amid the rising cost of living.

Let this be our solemn vow: no MoU, no foreign power, no local custodians shall divide or diminish the Buddha Sasana. The ...

Courtesy The Daily Mirror U.S. President Donald Trump has added Sri Lanka to his growing list of trade targets, issuing a letter on Wednesday announcing a new 30% tariff on all imported goods from Sri ...

China and Pakistan are reportedly trying to create a new regional bloc that can be an alternative to the increasingly ...

The United States yesterday”s announcement of a 30% tariff on Sri Lankan imports marks a significant blow to the country’s export sector, with estimated losses projected between USD 1.2 to 1.5 billion ...

In late May 2025, Tokyo announced that it would welcome one lakh (100,000) skilled workers from Bangladesh over the next five years. This initiative will be formaliz ...

“If this is the end number, Sri Lanka is in trouble because our competitors, such as Vietnam, have received lower tariffs,” Yohan Lawrence, of the Joint Apparel Associations Forum, or JAAF, ...

Colombo, July 10 (Daily Mirror) – Parliamentarian Dayasiri Jayasekara today accused the government of mishandling tariff negotiations with the United States, claiming Sri Lanka had failed to secure ...

Sugar, too, has become an import in Cuba, which, until recently, was the leading sugar exporter in the world. People cannot make ends meet with their meager incomes—a doctor’s monthly salary is ...