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Highlighting that there is a strong possibility of political upheavals due to the deteriorating economic situation brought on by the US reciprocal tax and that it will end globalisation, former President Ranil Wickremesinghe said the government should take several remedial actions.
23
While increasing attractive tourist engagement activities and developing facilities at tourist locations, the Ministry is aiming to raise the average daily expenditure of a tourist in the country to USD 200, Chairman of both the Sri Lanka Tourism Development Authority (SLTDA) and the Sri Lanka Tourism Promotion Bureau (SLTPB) Buddhika Hewawasam said.
3
There are high inclusive and exclusive errors in the Aswesuma scheme as many who are eligible are not included as recipients while a large number of people who are not eligible have been included as recipients, Chairman of the Committee on Public Finance (COPF) Harsha de Silva told Parliament today.
3
President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term.
0
The Board of Investment (BOI) said yesterday that efforts are underway to accelerate the initial steps needed to ensure infrastructure facilities are in place at the proposed investment zones in Kankesanthurai, Paranthan, and Mankulam, aiming for investors to begin construction by the end of the third quarter.
13
As the United States imposes sweeping reciprocal tariffs around the world, Sri Lanka finds itself in especially dire straits. The staggering 44% tariff rate, the sixth highest globally, poses a direct threat to Sri Lanka’s US-dependent export market, potentially leading to steep job losses and economic instability at a time when the country is struggling to recover from a 2022 financial crisis.
0
Multi-day boats operating in the deep sea areas of southwest Bay of Bengal are advised to stay alert to future forecasts, as a low-pressure area currently in the region is likely to move north-north-westward over the next 24 hours, the Natural Hazards Early Warning Centre of the Meteorology Department said.
7
Cabinet Spokesman Nalinda Jayatissa today denied media reports claiming that members of the incumbent government are attempting to shield or prevent the questioning of individuals involved in the Easter Sunday bomb attacks.