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Gold prices rise as Dollar weakens amid uncertainty with Trump Tariffs
10 Jul 2025 (5:37 PM) Trump Tariff- Exports volume will reduce but real challenge is rates of Sri Lanka s competitors - expert
10 Jul 2025 (7:23 PM) Mahathir Mohamad turns 100, Ex-President Ranil extends birthday wishes
10 Jul 2025 (9:29 PM) Trump s 30% tariff will be in addition to existing duties on Sri Lankan exports to US - Hulangamuwa
10 Jul 2025 (4:14 PM) Wife of Harak Kata among arrested with Kehelbaddara Padme and Commando Salinda in Malaysia
10 Jul 2025 (4:29 PM) Wife of Harak Kata among arrested with Kehelbaddara Padme and Commando Salinda in Malaysia
10 Jul 2025 (4:29 PM) |
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. 
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. 
Former President Ranil Wickremesinghe has extended his birthday wishes to former Prime Minister Malaysia Mahathir Mohamad, who turned 100 on Thursday (July 10). 
The reciprocal 30% tariff proposed by the US President Donald Trump yesterday (09), will be in addition to the existing duties imposed on products exported from Sri Lanka to the US, said the Senior Economic Advisor to the President, Duminda Hulangamuwa. 
The wife of Nadun Chinthaka Wickremeratne, alias "Harak Kata", who is also believed to be the mistress of "Kehelbaddara Padme", has reportedly been arrested by Interpol along with her child in Malaysia. Copyright © 2007 - 2025 Col3neg. All Rights Reserved.
