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Washington Signals Hardline Stance on Hormuz Access Amid Delicate Iran Negotiations.

17 hours ago

U.S. Secretary of State Marco Rubio has issued a stern warning that the Strait of Hormuz must remain accessible to international shipping, describing current restrictions as illegal. This comes as the U.S. conducted 'defensive strikes' on Iranian targets despite an ongoing ceasefire and active diplomatic talks in Qatar.

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Washington Signals Hardline Stance on Hormuz Access Amid Delicate Iran Negotiations
Image Credit : economictimes.indiatimes.com
Local News
U.S. Lifts Restriction on Sri Lankan Blue Swimming Crab Imports Following Regulatory Compliance
Image Source : sundaytimes.lk

U.S. Lifts Restriction on Sri Lankan Blue Swimming Crab Imports Following Regulatory Compliance.

May 11, 2026 at 11:11 AM
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Local News

Sri Lanka Customs Revenue Surges in Early 2026, Outperforming Targets.

Sri Lanka Customs has reported a strong financial performance for early 2026, exceeding its April revenue target by 30.5% and achieving a 49.8% year-on-year growth during the first four months.

May 5, 2026 at 10:43 AM
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Local News
Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029
Image Source : sundaytimes.lk

Sri Lanka Sets Roadmap to Abolish CESS Levies by 2029.

May 2, 2026 at 7:41 PM
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Sri Lanka Customs Foils Major Smuggling Bid Hidden in Construction Shipment
Image Source : cbsnews.com
Local News•
May 1, 2026 at 11:52 AM

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

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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United States

US Trade Policy Shifts: New Tariff Investigations Target Global Imports.

April 27, 2026 at 11:18 AM

Following a Supreme Court ruling declaring previous duties illegal, the US administration is launching new hearings to reassess tariff strategies on global imports amid concerns over labor practices and manufacturing capacity.

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US Trade Policy Shifts: New Tariff Investigations Target Global Imports
Image Credit : ustr.gov
International News
International Shipping Body Denounces US and Iran for Commercial Vessel Seizures
Image Source : edition.cnn.com

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

April 25, 2026 at 7:01 AM
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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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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

Strict Regulatory Action Taken Against Hundreds of Traders Over Food Safety Violations.

April 16, 2026 at 5:31 AM

Public Health Inspectors have launched widespread inspections, resulting in legal action against over 400 traders for selling unhygienic and expired food items during the festive period.

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Strict Regulatory Action Taken Against Hundreds of Traders Over Food Safety Violations
Image Credit : adaderana.lk
United States
Trump Administration Evaluates Trade Penalties for Nations Supporting Iran Amid Global Conflict
Image Source : bnnbloomberg.ca

Trump Administration Evaluates Trade Penalties for Nations Supporting Iran Amid Global Conflict.

April 15, 2026 at 7:18 PM
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Local News
Businessman Apprehended at BIA for Illicit Importation of Ornamental Plants
Image Source : newswire.lk

Businessman Apprehended at BIA for Illicit Importation of Ornamental Plants.

April 11, 2026 at 9:13 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
United States
US Trade Policy Shifts: New Tariff Measures and Ongoing Regulatory Challenges
Image Source : trendsresearch.org

US Trade Policy Shifts: New Tariff Measures and Ongoing Regulatory Challenges.

April 7, 2026 at 5:45 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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Escalating Mercury Risks: Calls for Stringent Standards on Coal Imports
Image Source : ceylontoday.lk
Local News•
April 3, 2026 at 12:12 AM

Escalating Mercury Risks: Calls for Stringent Standards on Coal Imports.

Environmentalists warn of potential mercury contamination from coal used at the Norochcholai Power Plant, citing a lack of regulatory standards for imported coal and rising health concerns for local communities.

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