In a significant policy shift aimed at strengthening financial accountability and improving tax compliance, Sri Lanka’s ...

Sri Lanka’s foreign exchange position is once again under pressure, following the impact of Cyclone Ditwah and a renewed ...

The Sri Lankan government this week confirmed it will lift its ban on vehicle imports into the country this year, as it looks to increase its import tax revenues and improve public finances. The ...

Sri Lanka will lift its vehicle import restrictions in phases starting October 1, as part of efforts to restore economic normalcy. The phased approach will first allow public transport vehicles, ...

Colombo, Dec 18 (PTI) Sri Lanka has announced that they will lift the vehicles import ban which was put in place in 2020 to ease the pressure on foreign exchange reserves due to the COVID-19 pandemic.

mymech, the first Sri Lankan digital platform that connects car owners and reliable mechanics, is taking a bold step towards environmental sustainability with their latest green vision initiative. In ...

Evolution Auto, the country’s foremost leader in electrifying transportation, marked a transformative leap for Sri Lanka’s automotive sector by unveiling the nation’s most extensive portfolio of ...

India may initiate diplomatic efforts to urge the government of Sri Lanka to cut import tariff on automobiles as the hike in duties had affected India's exports. "There are many options, one option is ...

Sri Lanka stopped car imports due to forex shortages on account of the COVID-19 pandemic and the economic crisis of 2022. It recommenced imports in February this year. A Sri Lankan court on Friday ...

Hundreds of pricey government vehicles have been abandoned around Sri Lanka’s capital after the country’s new Marxist-leaning president took office, a member of his party said Wednesday, with hundreds ...