
Sri Lanka Gains Boost from IMF Engagement, U.S. Tariff Cut, and EU Apparel Demand
- CNL Reporter
- August 2, 2025
- Weekly Economic Review
- Apparel, IMF, Sri Lanka
- 0 Comments
Weekly Economic Review
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Weekly Economic Review
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The Immigration Department has hired 50 new ‘Operational Assistant’ officers. This new Grade III position was created to help ease the department’s workload and improve efficiency at airports, ports, and detention centers. The appointments were made under the guidance of Minister Ananda Wijepala, who stated that the government is focused on recruiting based on talent and qualifications, free from influence. …
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In a diplomatically significant visit, Sri Lankan President Anura Kumara Dissanayake
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Global travel website ‘Big 7 Travel’ has officially released its annual list of the top 50 best islands in the world
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The Ministry of Digital Economy of Sri Lanka and AI Singapore (AISG) signed a Memorandum of
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Sri Lanka has officially concluded its bilateral debt restructuring process with France,
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The Planters’ Association of Ceylon (PA) has voiced serious concerns following U.S. President Donald Trump’s announcement of a 30% tariff on all goods imported from Sri Lanka, effective August 1, 2025. The U.S. is one of Sri Lanka’s key markets for both tea and rubber. In 2024, the U.S. bought 6.4 million kg of Ceylon Tea worth USD 45 million. …
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Four years after a stricken cargo ship caused the largest plastic spill ever recorded,
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The Government of Japan has granted Japanese Yen 332 million (approximately Rs. 687 million) to Sri Lanka under the Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme for 2025. An Exchange of Notes and a Grant Agreement were signed yesterday, 24 July 2025, at the Ministry of Finance by Dr. Harshana Suriyapperuma, Secretary to the Treasury, Ambassador ISOMATA …
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The Ambassador of Thailand to Sri Lanka, H.E. Mr. Paitoon Mahapannaporn, expressed hope for the full implementation of the Free Trade Agreement (FTA) between the two countries during a meeting with Sri Lanka’s Speaker of Parliament, Dr. Jagath Wickramaratne, on July 22 at the Parliamentary premises. The two leaders discussed strengthening bilateral ties, highlighting the strong cultural and religious links …
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