Economy Sri Lanka resumes car imports to stimulate economy, collect duty Government hopes for $1bn tax revenue but cars are beyond most pockets ...

Sri Lanka is set to relax a ban on some vehicle imports in a sign the country is returning to normal after a severe economic crisis that toppled a president. From 1 February, imports of buses ...

COLOMBO: Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation’s battered economy, leftist President Anura Kumara Dissanayake’s maiden budget showed on Monday.

Cable car projects that operate more than a kilometre between two mountains without any support are rare in the world. The Sri Lankan people will have the chance to experience this rare ...

The budget is seen as crucial for Dissanayake's attempts to cement a sustainable economic recovery after Sri Lanka plunged into its worst financial crisis in decades three years ago, sending ...

COLOMBO — Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.

Cars are prohibitively expensive in Sri Lanka, which in March 2020 banned the import of vehicles amid a worsening foreign exchange shortage that ultimately saw supplies of food, fuel and medicine ...

Hundreds of pricey government vehicles have been abandoned around Sri Lanka’s capital after the country’s new Marxist-leaning president took office, a ...

Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday. "For the ...

Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation plans to strengthen its recovery from a financial crisis.