Author: LMD International

Sri Lanka’s garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump’s administration’s 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals. The United States has accounted for about 40% of Sri Lanka’s apparel exports. Last year, they were worth about $1.9 billion, industry data shows. But in a letter on Wednesday, Trump notified Sri Lankan President Anura Kumara Dissanayake of the 30% tariff from August 1, a rate well above the 20% levy faced by one of its major competitors Vietnam. Reuters – July 10, 2025 The…

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For decades, Sri Lanka’s roads told a familiar story of sturdy imported Japanese sedans and Indian-built hatchbacks that included marques like Toyota, Nissan and Suzuki. But a quiet revolution is now underway, with electric vehicles from BYD and other Chinese brands ascendant.The island nation’s automobile industry mostly supplies imported cars. This country of 23 million has only a few small assembly and manufacturing plants. The market has been dormant since the government imposed a unilateral vehicle import ban in 2020 to preserve scarce foreign reserves during the country’s worst economic crisis in decades. Read More

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Kavindi De Silva Chasing cosmic dreams Q: What inspired you to pursue a career in the space industry? A: My passion for space ignited at the age of seven when I stumbled upon a photograph in a science magazine of an astronaut’s first ever spacewalk. I didn’t have an understanding of what that meant, nor any idea how to carve a path towards space. Yet, that image sparked a curiosity and determination within me, setting my dream in motion – to one day reach space myself. So I began creating opportunities for myself and others, encouraging space exploration as a…

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