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 ...

The need has not yet arisen to curb vehicle imports to Sri Lanka, Central Bank Governor Nandalal Weerasinghe said yesterday following the latest monetary policy review. Responding to a question from ...

200-300 vehicles are currently stuck at the port, with another 300 in transit. The sudden blockage stems from Customs' decision to enforce a clause in a 2013 gazette notification. Colombo, June 26 ...

Sri Lanka has revised its import duty policy. As per the new revision, the import duties on 800cc and 1,000cc cars has reduced, thereby benefiting India-made smaller vehicles. However, the duty is ...

Colombo: New vehicle registrations in Sri Lanka increased to 55,000 in January, up from 48,000 in December with imports from India seeing a 15 per cent surge, analysts JB Securities said on Thursday.

Sri Lankan car importers, in the wake of the destruction caused by cyclone Ditwah, urged the government to waive the 3 per cent penalty on vehicles cleared after three months. "Our buyers who placed ...

Sri Lanka’s trade deficit has widened to USD 717.5 million in April this year, driven primarily by a sharp increase in motor vehicle imports, according to the latest report released by the Central ...

Sri Lanka is expecting a $350 million loan installment from the IMF to support its foreign reserves, following a sharp rise in vehicle imports since a five-year ban was lifted in February. The central ...

COLOMBO, Sept 20 (Reuters) - The Central Bank of Sri Lanka said it had enacted a new measure to deter vehicle imports and take pressure off the rupee, which is hovering at a record low, and to restore ...

New vehicle registrations in Sri Lanka increased to 55,000 in January, up from 48,000 in December with imports from India seeing a 15 per cent surge, analysts JB Securities said on Thursday.