Sri Lanka faces a current account deficit in September due to surging car imports after resuming them in February. Reserves ...

Sri Lanka sees a current account deficit in September driven by a surge in car imports, following a surplus streak from January to August. Vehicle imports totalled USD 286 million in September, with a ...

Sri Lanka Customs directed to expedite probe on Chinese BYD electric vehicles for alleged tariff evasion. Court ruling ...

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 ...

Revenue collected by Sri Lanka Customs jumped around 30 percent in October compared to the monthly target, while the total revenue has reached around 95 percent of the full year target, the government ...

Chinese electric vehicle manufacturer BYD has clarified that its recently announced global vehicle recall does not apply to ...

Sri Lanka entered 2022 beset by economic crisis and political upheaval. The economic crisis culminated in Sri Lanka defaulting on payment for the first time. This led to the government being ...

Chinese electric vehicle manufacturer BYD has clarified that its recently announced global vehicle recall does not apply to ...