In the conduct of negotiations for the reduction of reciprocal tariffs, the U.S. authorities have proposed some restrictive measures on trading with China, but Sri Lanka has declined to do so in principle in conformity with its

In a shocking move that sent tremors through Sri Lanka’s export sector, U.S. President Donald J. Trump announced a 30% tariff on Sri Lankan apparel imports into the United States. With over 45% of the country’s merchandise exports tied to the app

In the wake of U.S. President Donald Trump firing off letters to 14 countries announcing new reciprocal tariff rates while delaying the implementation of the same for other countries till August 1, Sri Lanka continues to remain

Sri Lanka’s law enforcement authorities have intensified large-scale joint search operations across the country in response to a sharp rise in drug trafficking, underworld violence and gun-related crimes, the Daily Mirror learns.

The government which scrapped the Adani renewable energy projects is now under duress to reimburse a few million U.S. dollars incurred by the company here initially , Daily Mirror reliably learns.

Granting ad hoc, non-transparent and large tax exemptions in the past has created significant issues, obviously on the fiscal space and revenue - not only in terms of losses in foregone revenue for the government but rise in corruption

A key minister admitted that bureaucracy does not fall in line with the government in the realization of its targets in an expeditious manner.

Some Israelis, who are here as tourists, are involved in peddling various types of narcotics in their unauthorised business centres set up in certain pockets of the eastern province, posing a threat to public security, according to reports shared wit

Licenced commercial banks have pushed back against what they describe as attempts by a small group of borrowers to stir “alarm and confusion” over the potential use of parate laws, saying there is no plan to initiate widespread property seizures

India is poised to secure another strategic investment in Sri Lanka with plans by its public sector company under the Indian Defence Ministry, ‘Mazagaon Dock Shipbuilders (MDL)’ for acquiring a majority stake in Colombo Dockyard PLC (CDPLC).

Sri Lanka is falling short of delivering the structural transformation it claims to seek, despite the growing rhetoric around revival and sustainable growth, warned internationally renowned economist Prof. Razeen Sally.

The $ 3.7 billion investment project by Sinopec in Hambantota - the largest ever Foreign Direct Investment (FDI) in Sri Lanka - is still in limbo even after the lapse of six months because of differences between the government and the

The government has denied clearance for around 400 containers of salt imported to the country after June 10, 2025, which is the deadline set for imports to address the shortage in the local market, and it has left importers in a quandary, Daily Mirro

Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearance of vehicles imported under cross-border Letters of Credit (LCs) starting May 26 this year.

During the ongoing corruption case involving Dr. Maheshi Surasinghe Wijerathna, a consultant neurosurgeon at Sri Jayewardenepura General Hospital, the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) told

In response to the escalating conflict between Iran and Israel, a minister said that Sri Lanka has enhanced security at key locations and reaffirmed its commitment to safeguarding all tourists and citizens.

In the midst of escalation of tension in the Middle-East and concerns over further disruption in fuel supply chain , Sri Lanka has decided to explore the possibility of importing petroleum products from Nigeria, an official said yesterday.

Several inmates convicted of murder and other serious crimes were among hundreds of prisoners illegally released under the guise of presidential pardons without proper authorisation from the President, the Daily Mirror learns.

Sri Lankans consume medicines at above-normal levels, with the health sector procuring pharmaceuticals under 863 generic categories — two-thirds imported and the rest locally manufactured — a volume that could be nearly halved through proper ther

Sri Lanka has rejected a UN request to allow a research vessel into its waters from July 15 to August 20, which will assess the long-term food security in Sri Lankan seas, citing delays in finalising Standard Operating Procedures (SOPs) for foreign r

Sri Lanka is grappling with a shortage of several medicines, including cancer drugs, insulin, and oral rehydration salts like Jeevani affecting both government hospitals and pharmacies. A wide range of crucial drugs including those used

Fuel prices are poised to increase during revisions expected by August because of spikes in the global market as a direct result of the conflict between Israel and Iran, a top official said yesterday.

The dispatch of Sri Lankans for work in Israel had come to a temporary halt because of tension flaring up in the Middle-East with Iran launching a barrage of ballistic missile attacks on the Israeli territory in retaliation, an official said.

As geopolitical tensions rise in the Middle East, Sri Lanka finds itself in a challenging economic position, reflected in its national balance sheet. The country, already facing the aftermath of a financial crisis, encounters compounded issues

The Air India crash which claimed over 250 lives in Ahmedabad yesterday is one of the rarest in aviation history as initial investigations revealed that the crash may have been due to dual engine failure, aviation experts said.

The new government which recalled all 16 Sri Lankan heads of mission in December, last year is yet to fill up eight of them despite the lapse of half of the year now, the Daily Mirror learns.

Persistent water leaks have plagued the Accident Service theatre complexes at the National Hospital Colombo for more than a month, yet no repairs have been undertaken, according to hospital sources.

State bungalows which were assigned to Cabinet Ministers as their official residences in the past currently remain idle under the current government even after months despite its pre-election promise to repurpose them for economically viable activiti

The former Presidents remain disappointed over seating arrangements made for them at a recent function at the BMICH, and have decided to think twice in accepting invitations extended by the government for state events in the

Discriminatory treatment of locals by tourist service providers has become an increasingly widespread concern across the country with numerous complaints filed with the relevant authorities. It has become troubling for locals visiting these areas for