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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 […]

Philip R. Lane: Europe and the world economy
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our…
May 22, 2026
A statement from the government regarding the news that LC 4,000 was opened the day before the vehicle surcharge was imposed.
The government emphasizes that reports circulating about approximately 4,000 Letters of Credit (LCs) being opened in the country on the…
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APT and financial attacks on industrial organizations in Q1 2026
Cyberattacks on transportation and logistics companies aimed at physically stealing goods and attacks to gather information for planning and evaluating…
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The inflation rate will be 4.7 percent in April 2026.
The Department of Census and Statistics, operating under the Ministry of Finance, Planning, and Economic Development of Sri Lanka, today…
May 21, 2026
Governments worldwide shield households from rising energy costs
Nations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel…
May 20, 2026