Sri Lanka confident US tariff concerns will be resolved through talks – Dy Finance Minister
Sri Lanka is confident US concerns over reciprocal tariffs and supply-chain rules can be resolved through talks, Deputy Finance Minister Anil Jayantha says.
Sri Lanka is confident US concerns over reciprocal tariffs and supply-chain rules can be resolved through talks, Deputy Finance Minister Anil Jayantha says.
Pagoda Road warehouses supplying dairy, chocolate, pasta and meat to hotels and markets had no importer details and stored repackaged, expired stock.
CBSL Governor and senior officials will brief MPs on the monetary policy framework at a Parliament complex programme on June 10, at Anil Jayantha's request.
Coverage of Rs. 510,000 in year one, Rs. 660,000 in year two and Rs. 840,000 in year three at a 7% premium; fire and landslide covers optional.
ASPI closed down 1.14% at 21,760 on Thursday as investors shifted to fixed income; rupee weakened to 336.90/337.50 and bond yields rose.
Galadari Hotels said rights and obligations under its 2023 development and management deal moved to Radisson Hospitality Belgium BV from January 1, 2025.
Samagi-aligned trade union spokesperson Ananda Palitha says LP gas could rise by Rs. 300-500 per cylinder this week and water tariffs by June 15.
SJB MP says rate hikes gave only temporary relief; LC backlog, delayed remittances and exporters holding back earnings now drive the rupee slide.
Mission chief Evan Papageorgiou says Sri Lanka met the quarterly social spending floor at end-December 2025 and end-March 2026 under the IMF facility.
Speaker Jagath Wickramaratne certified the Bill on Wednesday, bringing mandatory TIN requirements for significant financial transactions into force.
NMRA Chairman Dr. Ananda Wijewickrama says revisions are underway for around 60 categories of gazetted drugs, with imported and local medicines likely to rise.
EDB Chairman Wijesinghe says current pharmaceutical export earnings are under USD 6 million; certification gap with foreign regulators is the chief constraint.
Operators say cumulative Rs. 25 diesel rise in May is unsustainable; LPBOA chair Gemunu Wijeratne says decisions will follow if no resolution next week.
Seylan, People's Bank, NDB, Commercial and Sampath all raise selling rates by Rs.2-Rs.3; Seylan top quote at Rs.342, People's Bank at Rs.340.31.
Deputy Minister Upali Samarasekara says state retailer will source 25 essentials directly to cut intermediary mark-ups and improve consumer-good quality.
Australia and New Zealand pledged to back Sri Lanka's accession to RCEP — the 15-nation Asia-Pacific trade bloc — Foreign Minister Vijitha Herath said.
Ceylon Petroleum chief D.J. Rajakaruna says the bill has eased from $522m in April to $318m this month and is on track for $198m by July if prices hold.
Sri Lanka's ASPI fell 0.75% to 22,011.10 on Wednesday, the rupee weakened to 334.50/335.50 and bond yields rose as Asian markets also closed lower.
Total government external debt fell $195m from end-2025 to $37,468m by end-March, with multilateral lenders at 38% and ISBs dominating commercial debt.
Deputy Finance Minister Anil Jayantha said Sri Lanka has received $695 million in IMF sixth and seventh tranches, now credited to foreign exchange reserves.
Japan offered to back Sri Lanka's fisheries and agriculture sectors after Fisheries Minister Chandrasekar met Tokyo at the Island States Ocean Summit.
Jetstar will begin direct Colombo–Australia flights in August 2026, FM Vijitha Herath said, opening the first low-cost link to Australia in years.
Maharaja Foods has opened a new Maharaja Super-SPAR Savemore outlet in Kotahena under its September 2025 partnership to build four new Colombo stores.
Sri Lanka's Department of Railways has lost more than Rs. 1 million on season tickets after an overtime dispute delayed April-May issuance, a union said.