Sri Lanka’s recent resumption of vehicle imports has sparked controversy, with allegations that a batch of 22 vehicles from a total of 156 imported units violates import regulations. The vehicles, manufactured in 2022,
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Tourist arrivals to Sri Lanka surpassed 37,000 within the first five days of March, according to provisional data from the Sri Lanka Tourism Development Authority (SLTDA).
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A Parliamentary Committee revealed that the production of liquor in the country has increased by 22% within the last two months while revenue has grown by 23%.
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New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market
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Money sent home by Sri Lankans working abroad extended its growth through February,
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UPWARD TRAJECTORY SUPPORTED BY IMPROVING ECONOMIC SENTIMENT, CONSECUTIVE FESTIVE SEASONS, AND A FORECASTED INCREASE IN CONSUMER SPENDING
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The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the growing consumption of illicit liquor.
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Vehicles that have been granted permission to be imported into Sri Lanka must be registered within 90 days,
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NEWS OF THE DAY
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The Ministry of Finance says that importers must register at least 25% of the total number of vehicles imported within six months.
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