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Trump Tariff- Exports volume will reduce but real challenge is rates of Sri Lanka s competitors - expert
10 Jul 2025 (7:23 PM) Ceylon Chamber urges continued engagement to secure further US tariff reduction
10 Jul 2025 (4:41 PM) Gold prices rise as Dollar weakens amid uncertainty with Trump Tariffs
10 Jul 2025 (5:37 PM) Shallow earthquake of magnitude 4.4 jolts Delhi-NCR
10 Jul 2025 (4:36 PM) Mahathir Mohamad turns 100, Ex-President Ranil extends birthday wishes
10 Jul 2025 (9:29 PM) Energy Minister-Trade union reps discuss draft legislation on CEB restructuring
10 Jul 2025 (8:31 PM) |
The reduction in US reciprocal tariff on exports from Sri Lanka to 30% from previously announced 44% is positive news for local businesses, however the rate is a substantial increase from the existing 10% duty, Economist Dhananath Fernando stated. 
The Ceylon Chamber of Commerce (CCC) has welcomed the reduction by the United States in the reciprocal tariff rate from 44% to 30% and urged the government to continue discussion with US authorities. 
Gold prices rose on Thursday, driven by the weakness of the U.S. dollar amid heightened global trade tensions, following President Donald Trump s imposition of reciprocal tariffs on several countries. 
A relatively mild earthquake of magnitude 4.4 jolted Delhi and nearby areas on Thursday morning. The earthquake originated around Jhajjar in Haryana and was felt across the National Capital Region. 
Former President Ranil Wickremesinghe has extended his birthday wishes to former Prime Minister Malaysia Mahathir Mohamad, who turned 100 on Thursday (July 10). 
A discussion has been between trade union representatives and Minister of Energy Kumara Jayakody regarding the draft legislation and process related to the restructuring of the Ceylon Electricity Board (CEB), at the Ministry of Energy premises. MORE..
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