First Capital Research (FCR) is forecasting a loss of $ 110 million to $ 290 million in the short-to-medium term for the export apparel sector on account of the high US tariff.
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Sri Lanka’s tourism industry has crossed the 1.3 million mark in arrivals for 2025, reflecting a steady year-on-year (YoY) growth,
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A surge in transhipment boxes in May saw Colombo Port experiencing its first year-to-date (YTD) growth, though marginal.May saw a transhipment volume of 573,366
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Sri Lanka President Anura Kumara Dissanayake has arrived in the Maldives on a state visit which runs till July 30, at the invitation of Maldivian President Mohamed Muizzu.
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Sri Lanka is planning a fresh licensing round for oil exploration blocks in Mannar basin, after appointing a marketing consultant, Power and Energy Minister Kumar Jayakody said.
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The United States and European Union have reached a trade deal framework, ending a months-long standoff between two of the world’s biggest economic partners.
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Four years after a stricken cargo ship caused the largest plastic spill ever recorded,
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At least three people have been killed and several others have been seriously injured after a passenger train derailed in south-west Germany, police say.
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A fatal road accident occurred this morning (28 July) near the Cemetery Roundabout in Borella, resulting in the death of one person and injuries to more than five others, police said.
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President Anura Kumara Dissanayake has left the island short while ago, to embark on a three-day official visit to Maldives from July 28 to 30, 2025.
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