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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...

New VAT on PayPal, Stripe Alarms Sri Lanka’s Digital Workers

Sri Lanka's decision to impose an 18% Value-Added Tax (VAT) on global digital payment platforms like PayPal and Stripe from October has sparked growing...

Yala Season Harvest Begins in Ampara with Promising Yields

The Yala season paddy harvest is now in full swing across several areas in the Ampara District, with farmers reporting higher yields compared to...

Sri Lanka–Turkiye Joint Committee Session Strengthens Economic and Technical Cooperation

The third session of the Joint Committee on Economic and Technical Cooperation between Sri Lanka and Turkiye concluded in Colombo, marking a significant milestone in the...

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Hatton National Bank PLC and Nucleus Software Collaborate to Enhance Transaction Banking Experience with FinnAxia®

Sri Lanka- 30th July,2025: HNB PLC, one of Sri Lanka’sleading and most forward-looking financial...

Importers Warn of Shutdowns as Government Moves to Protect Local Industry

Sri Lanka’s new trade protection regulations, approved this week...
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