President appoints committee to assess impact of new US tariff system | Seithy.com - 24 Hours Tamil News Service, World's largest daily tamil news,tamil breaking news,tamilclassifieds,tamil entertainment, srilanka, tamilnadu, tamileelam | www.seithy.com
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April 4, 2025 [GMT]

President appoints committee to assess impact of new US tariff system
[Thursday 2025-04-03 17:00]

President Anura Kumara Dissanayake has appointed a high-level committee to to conduct an in-depth study on potential issues that may arise due to the new reciprocal tariff system introduced by US President Donald Trump and to submit recommendations to the government.


  

According to the President’s Media Division (PMD), committee includes the Secretary to the Ministry of Finance, the Governor of the Central Bank, the Chairman of the Board of Investment of Sri Lanka, the Chairman of the Sri Lanka Export Development Board and the Director General of Economic Affairs at the Ministry of Foreign Affairs.

In addition, Senior Economic Advisor to the President Duminda Hulugamuwa, Chief Economic Policy Advisor to the Ceylon Chamber of Commerce Shiran Fernando, as well as Ashroff Omar, Sherad Amalean and Saif Jafferjee have also been appointed to the committee.

  
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Security beefed up at Katunayake airport for Modi’s arrival
[Friday 2025-04-04 15:00]

Preparations are currently underway at the Bandaranaike International Airport (BIA) to welcome Indian Prime Minister Narendra Modi, who is scheduled to arrive in Sri Lanka today (04) for a three-day official visit.


Rejection of nominations: Court orders to accept around 37 nominations
[Friday 2025-04-04 15:00]

The Court of Appeal today ordered the relevant Returning Officers to accept around 37 nominations which were originally rejected for the Local Government Elections. The Court of Appeal bench comprised Justice (Acting President) M.T. Mohammed Laffar and Justice K.P. Fernando.


Election Commission halts distribution of seasonal food package
[Friday 2025-04-04 15:00]

A written notice has been sent to the President’s Secretary and the Secretary of the Ministry of Trade, Commerce, Food Security and Cooperative Development by the Election Commission requesting for steps to provide the seasonal food package after the Local government elections.


Indictment filed against Yoshitha Rajapaksa, Daisy Forrest
[Friday 2025-04-04 15:00]

Indictments have been filed against Yoshitha Rajapaksa and his grandmother Daisy Forrest, before the Colombo High Court over allegations of money laundering involving Rs. 73 million.


Inmate hacked to death at Boossa Prison
[Friday 2025-04-04 15:00]

An inmate at the Boossa High Security Prison in Galle has been reported dead after being allegedly assaulted with a sharp weapon. It was reported that he was hacked to death by another group of inmates inside the prison. The body of the deceased inmate is currently at the Karapitiya Hospital.


SL slapped with 44% reciprocal tariff by US
[Thursday 2025-04-03 17:00]

Sri Lanka has been slapped with 44 percent reciprocal tariff by the US, which would impact the local export sector, particularly apparel. According to President Donald Trump's new tariff, the island nation has been imposed a 10 percent baseline tax and a 44 percent reciprocal tax, making it 54 percent effective.


Rejection of nominations: CA to deliver order tomorrow
[Thursday 2025-04-03 17:00]

The Court of Appeal announced that its order on the writ petitions challenging the rejection of nominations for the upcoming local government elections will be delivered tomorrow. Court of Appeal bench, comprised Justice (Acting President) M.T. Mohammed Laffar and Justice K.P. Fernando.


Sajith responds to US tariff on Sri Lanka; Calls it ’’wake-up call’’
[Thursday 2025-04-03 17:00]

Opposition Leader Sajith Premadasa criticised the new 44% tariff imposed by the United States on Sri Lankan exports, calling it a "wake-up call" for the country’s economic policy.


CID commences probe into Namal Rajapaksa’s exam fraud allegations
[Thursday 2025-04-03 17:00]

The Criminal Investigation Department (CID) today informed the Colombo Chief Magistrate’s Court that they have launched an investigation into allegations that Member of Parliament Namal Rajapaksa had fraudulently obtained his Attorney-at-Law qualification.


Deshabandu Tennakoon further remanded
[Thursday 2025-04-03 17:00]

Former Inspector General of Police (IGP) Deshabandu Tennakoon has been ordered to be further remanded until April 10 by the Matara Magistrate’s Court.


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