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Published on Apr 3, 2025

Sri Lanka rupee likely to be under pressure on Trump’s tariff hike: Dealers

ECONOMYNEXT – Sri Lanka’s alleged 88 percent tax which has been used by President Donald Trump to slap a 44 percent discounted reciprocal tax appeared to have been arrived at by dividing the trade deficit. Flexport, a supply chain consultany, which has ‘ …

Source: EconomyNext - Neutral
Published on Apr 3, 2025

Sri Lanka to amend IMF-backed Electricity Act

ECONOMYNEXT – Sri Lanka’s new government, which has deviated from the last government’s energy reforms, is considering to amend the island nation’s Electricity law enacted by the last government in 2024. Sri Lanka’s IMF-supported economic reform program, …

Source: EconomyNext - Neutral
Published on Apr 3, 2025

Sri Lanka does not expect immediate hit from Trump tariffs: Industries Minister

ECONOMYNEXT – Sri Lanka does not expect an immediate hit from any tariffs imposed by US President Donald Trump but the country is working on a new tariff policy, Industries Minister Sunil Handunetti said. “We do not think immediately there will be a threat …

Source: EconomyNext - Neutral
Published on Apr 3, 2025

Sajith responds to US tariff on Sri Lanka; Calls it ’’wake-up call’’

Colombo, April 3 (Daily Mirror) - Opposition Leader Sajith Premadasa criticised the new 44% tariff imposed by the United States on Sri Lankan exports, calling it a "wake-up call" for the country’s economic policy. In his statement, Premadasa …

Source: Daily Mirror - Label Pending
Published on Apr 3, 2025

Sri Lanka hit hard as Trump imposes sweeping tariffs!

By: Isuru Parakrama April 03, Colombo (LNW): Sri Lanka is set to face significant economic challenges following the United States’ latest round of tariffs, with President Donald Trump announcing steep duties on imports, including a 44 per cent tariff on …

Source: Lanka News Web - Label Pending
Published on Apr 3, 2025

India to review multifaceted Indo-Sri Lanka friendship and discuss newer avenues of cooperation during Modi’s visit

April 03, Colombo (LNW): Indian Prime Minister Narendra Modi has announced that he will undertake an official visit to Sri Lanka from April 04 to 06, with a focus on strengthening the longstanding ties between the two nations. His visit follows the recent …

Source: Lanka News Web - Label Pending
Published on Apr 3, 2025

Sri Lanka’s apparel stocks drop sharply following Trump’s tariff announcement

By: Isuru Parakrama April 03, Colombo (LNW): Sri Lanka’s apparel sector suffered a sharp decline in stock market trading following the United States’ decision to impose a 44 per cent reciprocal tariff on imports. The apparel industry, which is the country’ …

Source: Lanka News Web - Label Pending
Published on Apr 3, 2025

Sri Lanka moves to amend electricity law, reassessing energy reforms

April 03, Colombo (LNW): The government is taking steps to amend the Electricity Act passed in 2024, marking a departure from the previous administration’s IMF-backed energy sector reforms. The move reflects a shift in policy under the leadership of …

Source: Lanka News Web - Label Pending
Published on Apr 3, 2025

Will a Marxist government put Sri Lanka’s economic recovery at risk?

Thursday 03 April 2025 5:59 am | Updated: Wednesday 02 April 2025 12:09 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email COLOMBO, SRI LANKA – FEBRUARY 11: A mahout walks …

Source: City A.M. - Center-right
Published on Apr 3, 2025

Indian PM to visit Thailand & Sri Lanka to strengthen ties

Source: WION - Pro-Government