Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka shares gain for third straight week, shake off Trump’s 30% tariff
Business Recorder
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July 11, 2025
Sri Lankan shares logged their third straight week of advances on Friday, shrugging off news that U.S. President Donald Trump’s 30% tariff is set to come into effect on August 1 and buoyed by hopes that trade talks between the nations would...
Sri Lanka promises structural reforms, financial viability of SOEs to IMF
EconomyNext
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July 11, 2025
ECONOMYNEXT – Sri Lanka government has committed to continue reforms to the International Monetary Fund on state-owned enterprises (SOEs) including settlement pf legacy debts and limiting foreign borrowing, the latest IMF document showed. Sri...
Sri Lanka rupee closes weaker, bonds steady
EconomyNext
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July 11, 2025
ECONOMYNEXT – Colombo All Share Price Index has surpassed 18,500 mark, hitting a fresh record high on Friday after US president Donald Trump reduced Sri Lanka’s tariffs to 30 percent, down 14 percent, brokers said. “Market was very bullish today....
Sri Lanka stocks rise 2.09-pct topping 18,500 after Trump eases tariffs
EconomyNext
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July 11, 2025
ECONOMYNEXT – Colombo All Share Price Index has surpassed 18,500 mark, hitting a fresh record high on Friday after US president Donald Trump reduced Sri Lanka’s tariffs to 30 percent, down 14 percent, brokers said. “Market was very bullish today....
Sri Lankan stocks surpass 18,500 mark for first time
Xinhua News Agency
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COLOMBO, July 11 (Xinhua) -- Sri Lanka's benchmark All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) surpassed the 18,500 mark for the first time on Friday. The ASPI increased by 379.77 points to 18,541.26 points at the close of...
SAFF U-20 Women's Champs: Sagorika guides holders Bangladesh to flying start crushing Sri Lanka 9-1
United News of Bangladesh
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A brilliant hattrick by striker Sagorika guided defending champions Bangladesh to make a flying start will start in the four-nation South Asian Football Federation (SAFF) U-20 Women’s Championship’2025 crushing Sri Lanka by 9-1 goals in the...
Sri Lanka apparel sector braces for tariff fallout
Fibre 2 Fashion
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US President Donald Trump has expanded his aggressive trade policy by adding Sri Lanka to a growing list of nations subject to sweeping new tariffs.In a letter, Trump recently announced that beginning August 1, 2025, all goods imported into the...
Asia Cup Cricket: Fate of series hangs in balance as India, Sri Lanka refuse to attend key meeting in Bangladesh
Financial Express
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The future of the Asia Cup 2025 was thrown into fresh uncertainty after India and Sri Lanka declined to attend the upcoming Asian Cricket Council (ACC) meeting scheduled for July 24 in Dhaka, citing political unrest in Bangladesh, the host...
Four teams in contention for two spots in T20 World Cup 2026 in India, Sri Lanka
Memphis Sun - Tennessee
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New Delhi [India], July 11 (ANI): There are four teams Italy, Netherlands, Jersey and Scotland who are running for two spots on the final day of the ICC Men's T20 World Cup 2026 Europe Qualifier for next year's marquee event in India and Sri...
Currencies of Bangladesh, Sri Lanka to be convertible in Nepal
Xinhua News Agency
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KATHMANDU, July 11 (Xinhua) -- Nepal's central bank announced on Friday that it would categorize the Bangladeshi and Sri Lankan currencies as convertible foreign exchanges in the country, a move that has made tourism professionals happy. "The...
Garment exports from Sri Lanka buoyed by UK as Trump tariff fears loom
Orissa Post
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July 11, 2025
Colombo: After the US’s 30 per cent tariff on all Sri Lankan imports, the island nation’s economy got a boost Friday as the UK government announced it to allow garments manufactured here to enter Britain tariff-free. “This is a win for the Sri...
Kusal Mendis Equates Sri Lanka Records With Match-Winning 73 vs Bangladesh
Zee News
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Sri Lanka opener Kusal Mendis continued his extraordinary run in white-ball cricket, delivering a stunning 73 off 51 balls to steer Sri Lanka to a comfortable 7-wicket win over Bangladesh in the opening T20I at Pallekele on July 10, 2025 A Flashy...
Sri Lanka apparels to get duty free access to UK with Asian or African inputs
EconomyNext
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July 11, 2025
ECONOMYNEXT – Sri Lanka’s apparel markers are in discussions with the government to raise a para tariff on finished clothes by 300 to 400 to block access to foreign goods to local customers, an apparel official said. Yashotharan Paramanantham,...
Sri Lanka, Bangladesh Discuss Boosting Ties in Trade, Tourism, and ICT
Lanka News Web
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July 11, 2025
Sri Lanka’s High Commissioner to Bangladesh, Dharmapala Weerakkody, paid a courtesy call on the newly appointed Foreign Secretary of Bangladesh, Ambassador Asad Alam Siam, during which the two sides held extensive discussions on enhancing...
Sri Lanka Group expands investment in Fiji
The Fiji Times
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July 11, 2025
EXPANSION plans in Fiji by Sri Lankan conglomerate Aitken Spence PLC through its subsidiary company Elpitiya Plantations has finally made progress since initially exploring opportunities in the country last year. Aitken Spence PLC, a prominent Sri...
Sri Lanka cruise to seven-wicket win over Bangladesh in T20I opener
United News of Bangladesh
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Sri Lanka outclassed Bangladesh by seven wickets in the first T20I of the three-match series on Thursday in Pallekele. This big defeat followed a series of lean batting displays from the Bangladeshi batters. They failed to impress in the Tests, in...
IMF: Sri Lanka’s upcoming bills on PPP, SOEs should be in line with public finance law
EconomyNext
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July 10, 2025
ECONOMYNEXT – Sri Lanka apparels will get duty free access to the United Kingdom under rules unveiled on July 10, as part of a ‘Trade for Development’ initiative, the British High Commission in Colombo said. While helping Sri Lanka, Nigeria and...
Asia Cup 2025 under cloud as India, Sri Lanka skip key ACC meet in Dhaka amid political tensions
Daijiworld News
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July 11, 2025
Daijiworld Media Network- New Delhi New Delhi, Jul 12: The upcoming Asia Cup 2025 has been thrown into fresh uncertainty after India and Sri Lanka reportedly declined to attend the crucial Asian Cricket Council (ACC) meeting slated to be held in...
‘Vanaspathi’ Programme to Designate 20 New Forest Reserves in Sri Lanka
Lanka News Web
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July 11, 2025
The Environment Ministry has launched the ‘Vanaspathi’ national programme with the goal of increasing Sri Lanka’s forest cover and strengthening environmental protection. As part of its first phase, 20 forests located on state lands in the...
Boost for Sri Lankan garment sector as the UK launches new trade measures under DCTS
Lanka Business Online
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July 11, 2025
The UK government yesterday unveiled a package of reforms aimed at simplifying imports from developing countries such as Sri Lanka. Under the upgraded Developing Countries Trading Scheme (DCTS), businesses will face fewer procedural hurdles when...