Agro Ventures Plantations and Agro Ventures Exports were founded with the vision to revolutionise Sri Lanka’s agriculture sector, inspired by innovative
Author: LMD International
On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel industry is likely to suffer the greatest impact. The reciprocal tariffs imposed across all exporters to the US could potentially reduce overall US demand for apparel. Consequently, this analysis conducted using World Bank’s SMART partial equilibrium model, reveals that Sri Lanka’s apparel exports to the US may decline by approximately 20 percent (over USD 300 million). The model simulated the impact on US demand of an…
Women are good at most things – we are proficient at collaboration, consultation and compromise, all of which are important leadership skills
BRUSSELS, April 1 (Reuters) – The European Union has a “strong plan” to retaliate against tariffs imposed, and set to be imposed, by U.S. President Donald Trump, although it would prefer to negotiate a solution, EU executive chief Ursula von der Leyen said on Tuesday. The Trump administration put in place tariffs on imported steel and aluminium in March and higher duties on cars will take effect on Thursday. Trump will also set out plans for “reciprocal tariffs” on Wednesday. Von der Leyen said she understood U.S. arguments that others had taken advantage of global trade rules, adding the EU…
FOOD FOR THOUGHT Ordinary Sri Lankans are pondering on what the future holds, following the government’s debut budget, the IMF’s completion of its third review of the Extended Fund Facility (EFF), a spate of mini crises and spiralling lawlessness, and how developments around the world will affect them. Meanwhile, abject poverty and youth unemployment continue to be unacceptably high, and the cost of living stubbornly refuses to fall to manageable levels – despite the official rate of inflation reflecting a deflationary milieu in recent months. Thankfully, the month of February ended on a positive note with the Executive Board of…
My journey is one of relentless determination, breaking barriers and representing my country with pride on the road to Formula 1
There are endless things to consider when moving to another country. What is the culture like? How easy is it to find work? How are the transport links? How happy are the locals? And for families hoping to move abroad, there are even more questions – think safety, healthcare, or education systems, for example. Condé Nast Traveller – 11 March 2025 Remitly, an American remittance company helping users send money worldwide, has launched a new immigration index designed to help inform those considering relocating. The report, released in March 2025, ranks 82 countries across 24 factors, from healthcare quality and…
BBC Travel’s inaugural list of 25 Best Places to Travel in 2025 has ranked Sri Lanka among the top 10, placing it in ninth position. The guide highlights the island’s
The Bandaranaike International Airport (BIA) is to undergo a major redesign of its arrivals lobby to better accommodate the growing number of tourists visiting Sri
A Swedish tradition that I appreciate is Midsummer, which is the most celebrated event of the year