Colombo, July 29, 2025 Sri Lanka Customs has detained nearly 1,000 Chinese-made BYD Atto 3 electric vehicles across six consignments amid a dispute over the declared motor capacity. The vehicles were documented as having a 100 kilowatt (kW) motor, attracting an excise duty of around Rs. 2.4 million per unit. However, Customs suspects the actual […]
Colombo, July 29, 2025 In a significant development for Sri Lanka’s financial landscape, official data reveals that resident investors in the country have begun purchasing restructured International Sovereign Bonds (ISBs) from foreign holders during the first quarter of 2025. This marks a notable shift in bond ownership following the government’s major debt restructuring program concluded […]
Sri Lanka’s tourism industry received a grand spotlight at the recently held Conclave Travel Awards 2025, celebrating excellence and innovation in global tourism. The event, attended by leading industry professionals, travel influencers, government officials, and international media, recognized Sri Lanka’s remarkable contributions to sustainable travel, cultural preservation, and destination excellence. The island nation won several […]
