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Local News

Sri Lanka Customs Foils Major Smuggling Bid Hidden in Construction Shipment.

May 1, 2026 at 11:52 AM

Sri Lanka Customs officials have intercepted a significant illegal shipment of turmeric and cashew nuts concealed within a container declared as gypsum plaster boards in Kandy.

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Sri Lanka Customs Foils Major Smuggling Bid Hidden in Construction Shipment
Image Credit : cbsnews.com
United States
Data Reveals Trump’s Tariffs Failed to Spark a Domestic Manufacturing Resurgence
Image Source : benzinga.com

Data Reveals Trump’s Tariffs Failed to Spark a Domestic Manufacturing Resurgence.

April 29, 2026 at 3:48 PM
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International News
Tensions Escalate as Nations Condemn China’s Maritime Retaliation Against Panama
Image Source : aljazeera.com

Tensions Escalate as Nations Condemn China’s Maritime Retaliation Against Panama.

April 29, 2026 at 4:42 AM
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Energy
China Eyes Fuel Export Resumption as Domestic Stockpiles Surge
Image Source : klse.i3investor.com

China Eyes Fuel Export Resumption as Domestic Stockpiles Surge.

April 28, 2026 at 4:00 AM
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India and U.S. Advance Trade Negotiations Amid Shifting Economic Policies
Image Source : telegraphindia.com
Economy•
April 25, 2026 at 10:58 AM

India and U.S. Advance Trade Negotiations Amid Shifting Economic Policies.

Recent trade discussions in Washington between Indian and U.S. officials were termed 'constructive', focusing on market access and technical barriers, even as new tariff challenges emerge.

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International News

International Shipping Body Denounces US and Iran for Commercial Vessel Seizures.

April 25, 2026 at 7:01 AM

The International Chamber of Shipping has criticized the recent tit-for-tat vessel seizures by the US and Iran, labeling them a violation of maritime freedom and calling for the immediate safety and release of detained crews.

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International Shipping Body Denounces US and Iran for Commercial Vessel Seizures
Image Credit : edition.cnn.com
International Trade
Southeast Asian Nations Under Scrutiny Amid US Tariff Evasion Concerns
Image Source : nicoaiq.substack.com

Southeast Asian Nations Under Scrutiny Amid US Tariff Evasion Concerns.

April 23, 2026 at 11:21 AM
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United States

U.S. Customs Launches Portal for Billions in Unconstitutional Tariff Refunds.

The U.S. Customs and Border Protection (CBP) has launched an online portal for businesses to claim refunds on tariffs previously ruled unconstitutional by the Supreme Court, involving over $166 billion in collected funds.

April 23, 2026 at 11:19 AM
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Technology
US Regulators Launch Nationwide Offensive Against Hidden Delivery App Fees
Image Source : restaurantbusinessonline.com

US Regulators Launch Nationwide Offensive Against Hidden Delivery App Fees.

April 20, 2026 at 8:18 AM
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Sri Lanka Customs Exceeds Revenue Targets Amid Regional Logistics Shift
Image Source : vajiramandravi.com
Local News•
April 19, 2026 at 7:56 AM

Sri Lanka Customs Exceeds Revenue Targets Amid Regional Logistics Shift.

Sri Lanka Customs has surpassed its mid-April revenue targets by LKR 71.8 billion, reaching a total of LKR 765.7 billion, largely driven by increased transit cargo activity due to regional geopolitical tensions.

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Local News

DFCC Bank Launches 2026 'Wyapara Hamuwa' Initiative to Empower Kuliyapitiya Entrepreneurs.

April 18, 2026 at 11:06 AM

DFCC Bank has inaugurated its 2026 'Wyapara Hamuwa' program in Kuliyapitiya, providing 40 coconut chips suppliers with essential financial literacy and business development training to support the export value chain.

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DFCC Bank Launches 2026 'Wyapara Hamuwa' Initiative to Empower Kuliyapitiya Entrepreneurs
Image Credit : bizenglish.adaderana.lk
Technology
China Pivots to Southeast Asia for Semiconductor Equipment Amid Tightened US Export Curbs
Image Source : asia.nikkei.com

China Pivots to Southeast Asia for Semiconductor Equipment Amid Tightened US Export Curbs.

April 16, 2026 at 7:00 AM
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Business
Beijing Eases Import Curbs on Select BHP Iron Ore Shipments Amid Pricing Disputes
Image Source : australianmining.com.au

Beijing Eases Import Curbs on Select BHP Iron Ore Shipments Amid Pricing Disputes.

April 14, 2026 at 4:11 AM
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Local News
Colombo Port Eases Congestion with Major Reforms to Container Inspections
Image Source : joc.com

Colombo Port Eases Congestion with Major Reforms to Container Inspections.

April 10, 2026 at 11:56 PM
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US Customs Prepares Digital Infrastructure for Upcoming Tariff Refund Processing
Image Source : forvismazars.us
United States•
April 10, 2026 at 8:03 PM

US Customs Prepares Digital Infrastructure for Upcoming Tariff Refund Processing.

U.S. Customs and Border Protection is moving to an all-electronic ACH refund system, as companies prepare for potential refunds following legal developments regarding IEEPA emergency tariffs.

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Local News

Procurement Failures Exposed: Lanka Coal Company Under Scrutiny for Unverified Coal Imports.

April 10, 2026 at 5:10 PM

A recent COPE investigation has revealed that coal shipments imported by Trident Company for the Lakvijaya Power Plant were tested in unaccredited laboratories, leading to serious concerns regarding procurement transparency and supply chain management.

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Procurement Failures Exposed: Lanka Coal Company Under Scrutiny for Unverified Coal Imports
Image Credit : island.lk
Economy
The Lasting Economic Legacy of U.S. Wine Tariffs on European Producers
Image Source : readon.substack.com

The Lasting Economic Legacy of U.S. Wine Tariffs on European Producers.

April 8, 2026 at 11:14 AM
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Local News
Sri Lanka Customs Intercepts Massive Illicit Cigarette Shipment Disguised as Bedding
Image Source : economynext.com

Sri Lanka Customs Intercepts Massive Illicit Cigarette Shipment Disguised as Bedding.

April 6, 2026 at 6:37 PM
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Local News

Local Manufacturers Sound Alarm Over Proposed Cess Tax Phase-Out.

Industry leaders in Sri Lanka are urging the government to reconsider its plan to phase out the Cess tax on over 2,600 imports, warning that local small and medium enterprises lack the economies of scale to compete globally without this protection.

April 6, 2026 at 4:47 AM
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Kitchen Ware as a Barometer: How One Consumer Tracked the Real-World Impact of Trade Tariffs
Image Source : legalnewsfeed.com
Economy•
April 5, 2026 at 9:33 AM

Kitchen Ware as a Barometer: How One Consumer Tracked the Real-World Impact of Trade Tariffs.

A consumer uses a specific Henckels cookware set purchased at Costco to illustrate how shifting trade tariffs directly impacted household retail prices between 2024 and 2026.

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