LNP - Cabinet nod to import coconut kernel-related products equivalent to 200M coconuts

2025-02-05   |   Business

The Cabinet of Ministers has granted approval to import a capacity equal to 200 million coconuts of coconut kernel-related products and dried coconut ...

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LNP - New vehicles arriving soon; second-hand market to drop 10-15%: Importers

2025-02-02   |   Business

New vehicles will arrive in the country within the next two or three weeks. After their arrival, the existing second-hand market in the country is exp...

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LNP - Sri Lanka’s transport sector to be modernized with new fleet

2025-02-01   |   Business

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 f...

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LNP - Sri Lanka announces luxury tax rates on imported private vehicles

2025-02-01   |   Business

The Sri Lankan government has published Gazette Notification No. 2421/41, signed by President Anura Kumara Dissanayake in his capacity as the Minister...

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LNP - Sri Lankan govt. imposes 9 conditions on vehicle imports

2025-02-01   |   Business

The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazett...

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LNP - Higher demand on importing vehicles under three years old may raise auction values in Japan: Importers

2025-01-30   |   Business

Other than importing vehicles that are between five and seven years old from their manufacturing dates, importing vehicles under three years old will ...

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LNP - Sri Lanka looks to turn to Indonesia for coconut product imports

2025-01-30   |   Business

To combat the current coconut shortage, Sri Lanka looks at importing coconut products from Indonesia, an official said. The minister of Industry and E...

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LNP - Sri Lanka records highest ever export revenue in 2024

2025-01-27   |   Business

The latest report from the Sri Lanka Export Development Board (EDB) revealed that the country achieved a record-breaking total export revenue of US$ 1...

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LNP - Rajapaksa family’s financial deals probed as multiple money laundering cases against Yoshitha

2025-01-27   |   Business

The Colombo Magistrate’s Court today (27) granted bail to Yoshitha Rajapaksa, the second son of former President Mahinda Rajapaksa, who was remanded...

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LNP - Customs seizes illegally imported cigarettes worth Rs. 31.5mln

2025-01-26   |   Business

A large consignment of illegally imported cigarettes has been seized by officers of the Sri Lanka Customs Revenue Task Force (RTF) during a special in...

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