Sri Lanka Customs crackdown on BYD risks deterring EV investments
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CNL Reporter
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August 31, 2025
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News, Political
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BYD
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Sri Lanka Customs has detained nearly 1,000 more BYD electric vehicles over disputed motor capacity declarations, raising fears that bureaucratic rigidity could drive global EV giants away from the island.
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Colombo Inflation Inches Up Despite Deflationary Measures
Sri Lanka’s capital Colombo has recorded a modest rise in inflation over the past 35 months,
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Sri Lanka Misses Key Fisheries Survey as Government Fixates on Politics
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CNL Reporter
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August 30, 2025
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Political
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Politics
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Sri Lanka lost a crucial chance to assess its rapidly declining marine resources after the UN Food and Agriculture Organization’s (FAO) research vessel Dr Fridtjof Nansen was denied permission to conduct a fisheries survey in local waters due to bureaucratic delays.
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Sri Lankan MP’s delegation meets India’s Speaker, boosting parliamentary ties
In a significant step towards deepening democratic ties,
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Govt. awards six-month petrol supply deal to Aditya Birla Global Trading
The Government yesterday announced that the Cabinet of Ministers had approved awarding a six-month contract to Aditya Birla Global Trading (Singapore) Ltd.,
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Govt. to deploy Commonwealth Meridian public debt management system
The Commonwealth Secretariat yesterday said Sri Lanka will begin using its Commonwealth Meridian public debt management software from next month as part of its economic recovery plan.
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Solar boats clean Beira Lake
Sri Lanka has initiated a environmental project to restore Beira Lake in Colombo by deploying solar-powered electric boats designed to collect floating solid waste. This initiative, launched by the Western Province Governor’s Media Unit, aims to remove up to 3,000 kilograms of waste daily from the lake. The program began as a pilot project and is set to expand with …
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New Companies Act Balances Transparency Gains with Investment Concerns
Sri Lanka’s newly enacted Companies (Amendment) Act No. 12 of 2025, passed on August 4,
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Sri Lanka to Upgrade Medical Faculties
The Ministry of Education has announced a new initiative aimed at enhancing infrastructure and facilities at university medical faculties across the country.
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BOI Chairman Arjuna Herath outlines structural initiatives to boost FDI
BOI Chairman Arjuna Herath said realised FDI reached $ 607 million in the first seven months of 2025,
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