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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD

WASHINGTON D.C. / COLOMBO – The Trump administration today delivered a significant blow to US-Sri Lanka trade relations, announcing the immediate imposition of a hefty 44% tariff on […]

COP31 electric power target sparks row over cutting fossil fuel use
While hosts Türkiye push for countries to increase electrification of global energy use, Australia is pushing for more households to…
Nov 10, 2026
SURESH SALLAY ARREST: WHAT STATE & CID HAVE PRESENTED IN MAGISTRATES COURT OVER 8 MONTHS
Eight months after Suresh Sallay’s arrest on 25 February 2026, what has the State and CID actually presented before the…
Nov 10, 2026
A ban on E&Y company for auditing the fraudulent NDB
Following the certification of NDB Bank's 2025 financial statements, a leading financial institution in Sri Lanka, a large-scale financial fraud…
Nov 10, 2026
WIMAFRICA seeks greater economic power for African women
Women in Management Africa (WIMAFRICA) is holding a conference in Lagos to seek greater economic power for African women through…
Nov 10, 2026
Out of 52 major state enterprises, 40 are profitable and 12 are incurring losses.
The financial performance of Sri Lanka's key state-owned enterprises during the first six months of 2026 has created a clear…
Nov 9, 2026