Sri Lanka Customs Revenue Surges 65% despite Past Corruption Allegations”
Sri Lanka Customs has achieved a dramatic 65 percent year-on-year increase in revenue,
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DMT fully restores driving license related services
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CNL Reporter
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December 3, 2025
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News, Political
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DMT
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0 Comments
Driving license services at the Department of Motor Traffic (DMT) have now been fully restored.The department states that the driving license computer system,
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Starlink Emerges as Crucial Lifeline in Sri Lanka’s Natural Disaster Crisis
The collapse of Sri Lanka’s telecom grid during Cyclone Ditwah has thrust an unexpected player into national disaster response: Starlink,
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Imported Vehicles: A Hidden Economic Liability
Beyond the headline numbers, the resurgence in vehicle imports is creating serious structural risks. According to the Ceylon Motor Traders Association (CMTA),
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VAT–SSCL Threshold Cut Sparks Consumer and SME Alarm
Sri Lanka’s 2026 Budget decision to reduce the VAT and Social Security Contribution Levy (SSCL) threshold from LKR 60 million to LKR 36 million is raising alarm among SMEs and consumers.
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Government’s Relief Push Faces Tough Questions amid Economic Strain
Sri Lanka’s government has announced a sweeping emergency relief plan to supply essential food items, frozen vegetables, LP gas, and other critical commodities to communities battered by weeks of floods and landslides.
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Rising Imports and Weak Exports Threaten Sri Lanka’s 2025 Surplus
Sri Lanka’s external sector is showing renewed strain as the current account fell into deficit for the second straight month, with October posting a USD 199.5 million shortfall.
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Government to Merge State Housing Banks with BOC, PB
Sri Lanka’s government is merging HDFC and SMIB with Bank of Ceylon (BOC) and People’s Bank (PB) in a landmark housing finance overhaul.
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Sri Lanka Apparel Exports Maintain Growth despite Market Volatility
Sri Lanka’s apparel and made-up articles exports grew 6.12% YoY from January to October 2025, according to the Joint Apparel Association Forum (JAAF),
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Private Sector Lending Surges, Boosting Households and Agriculture
Sri Lanka’s private sector credit expanded sharply from April to September 2025, with agriculture and personal loans leading the recovery after early-year contractions, according to CBSL data.
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