Sri Lanka’s cumulative deficit in the trade account has widened to USD 6 billion in 2024 compared to USD 4.9 billion in 2023.

Sri Lanka will end its four-year ban on car and vehicle imports with effect from February 1, allowing motor traders to once again import vehicles. This decision of vehicle import ban follows the ...

The 2024 remittances also surpassed the US$3.169 billion earnings from tourism and also exceeded US$5.06 billion in export proceeds from textiles and garments. This is not a net gain. The garments ...

Two Sri Lanka legislators warned on targeting potential output despite macroeconomists having succeeded in inserting the ...

Two Sri Lanka legislators warned on targeting potential output despite macroeconomists having succeeded in inserting the clause into an International Monetary Fund backed law given the experience with ...

Gazette issued to import private Motor VehiclesAn Extraordinary Gazette Notification has been issued lifting the temporary ban on the import of motor vehicles, electric vehicles and hybrid vehicles ...

New taxes, regulations to limit volume of imports Car imports permitted after five years Measures to protect forex reserves ...

Federal Reserve officials are treading cautiously on interest rates against a backdrop of sturdy US economic activity and a healthy labor market as officials await policy moves from the Trump ...

By Zanita Careem Sri Lanka has become an unsafe environment for women and children said Dr. Tushara Wickramanayake, fondly known as Tush.A family physician and founder, Chairperson of Stop Child ...

A gazette notification has been issued under the signature of President Anura Kumara Dissanayake, in his capacity as Minister ...

The government may receive Rs 2.56 lakh crore in dividends from the RBI and PSU banks in FY26, compared to Rs 2.30 lakh crore in FY25. This suggests lower RBI support to the budget. RBI's contribution ...