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U.S. Reduces Tariffs on Sri Lankan Exports from 44% to 20%
U.S. President Donald Trump signed an executive order on Thursday reducing tariffs on Sri Lankan exports to 20%, down from the 44% rate announced in April. The...
John Keells CG Auto Denies Allegations on BYD Vehicle Imports, Reaffirms Compliance and Transparency
John Keells CG Auto (Pvt) Ltd (JKCG), the authorized distributor of BYD vehicles in Sri Lanka, has issued an official statement addressing recent media...
Coconut, Tea, Tech Exports Drive Sri Lanka’s Export Boom
Sri Lanka’s export sector has shown strong resilience and steady recovery in the first half of 2025, achieving a total export value of US$...
BYD EVs Detained Over Motor Capacity Dispute amid Revised Import Tax Rules
Sri Lanka Customs has detained nearly 1,000 BYD electric vehicles (EVs) at the Colombo Port over alleged discrepancies in their declared motor capacities—raising red...
Sri Lanka President’s Maldives Visit Boosts Economic and Diplomatic Ties
:Sri Lanka’s renewed diplomatic push under President Anura Kumara Dissanayake’s leadership marked a significant milestone this week, with his first official State visit to...