Sri Lanka's reserves grew 26% to a 19-month high of $3.8 billion in July, helped by stronger remittances and tourism earnings. The currency has risen about 13.5% this year, central bank data showed.

Sri Lanka has seen about US $ 450 ... it is comfortable with spending up to US $ 1.2 billion of foreign currency for vehicles in 2025. At the current pace, Sri Lanka could end up in fact spending ...

Security forces, including the Sri Lanka Army, Navy, Special Task Force (STF), and Police, were urgently deployed to the Ragama, Kandana, and Wattala areas last night (04) in response to recent incide ...

Sri Lanka will allow vehicle imports again. The ban was put in place in 2020. Public transport imports are allowed now. Imports of cars for personal use will resume in February 2025. Importers ...

Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearance of vehicles imported under cross-border Letters of Credit (LCs ...

COLOMBO, Oct. 9 (Xinhua) -- Sri Lanka will remove import restrictions on all items except vehicles effective from Monday night, State Minister of Finance Ranjith Siyambalapitiya said on Monday.

Electric vehicles Sri Lanka car market tilts toward EVs with BYD, other Chinese leading. Island's automobile industry awakes after 5-year hiatus with China entrants.

Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since March 2020, according to a gazette notification.