Sri Lanka News Papers – News Headlines from Colombo

Sri Lanka’s public transport sector is to be modernised with the introduction of 1,000 new buses including low-floor and super luxury buses to the fleet of Sri Lanka Transport Board (SLTB), Deputy Minister of Transport Dr. Prasanna Gunasena said.

The Sri Lankan government has published Gazette Notification No. 2421/41, signed by President Anura Kumara Dissanayake in his capacity as the Minister of Finance, Planning, and Economic Development, specifying the new luxury tax rates on private motor vehicles imported into the country effective from today (February 1, 2025).

The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazette Extraordinary Notification No. 2421/44, dated January 31, 2025.

The government is making a fresh approach to revive the loss-making state institutions, which includes shutting down unviable entities, listing selected institutions on the Stock Exchange (CSE), merging certain organizations, and redefining operational mandates.

The Criminal Investigation Department (CID) arrested a former Managing Director of the Ceylon Petroleum Corporation (CPC) in connection with the alleged misuse of Rs. 6.1 million

The gem businessman who had been facing political threats over a special blue sapphire valued at over USD 400 million was summoned to the Presidential Secretariat for inquiries last morning.

Sri Lanka Customs, with the full cooperation of joint trade unions, launched a four-day expedited container clearance process today (30) , aiming to clear the backlog of containers at examination yards by February 02, 2025