COLOMBO (News 1st); Dr. Anil Jayantha, Deputy Minister of Economic Development, addressed Parliament today regarding the new US tariffs and the comprehensive review undertaken by the Sri Lankan Embassy. The review analyzed Sri Lanka's current import profile from the United States and the global...

COLOMBO (News 1st); US President Donald Trump recently announced two significant tariff decisions, which are expected to have far-reaching impacts on global trade and economic stability.On April 5, the President declared that a 10% tariff would be imposed on all goods imported into the United States...

Issuing a statement, the Ministry of Finance, Planning and Economic Development said the government reaffirms its strong commitment to deepening economic ties with the US, a longstanding friend and trusted trading partner.The Government stands ready to engage with the US administration at the earlie...

COLOMBO (News 1st); The Ceylon Chamber of Commerce has expressed deep concern regarding the imposition of a 44% tariff on Sri Lankan exports to the United States. With the US accounting for approximately USD 3 billion in exports and 25% of Sri Lanka’s total merchandise exports, this development...

COLOMBO (News 1st) - The Ministry of Urban Development, Construction and Housing has announced that water tariffs will be reduced before the end of this month.Minister Anura Karunathilaka says that the reduction in water tariffs is intended to provide more benefits to those who consume water in smal...