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The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has decreased to -4% in January 2025, compared to -1.7% in December 2024, according to the latest data released by the Department of Census and Statistics. MORE..

31 Jan 2025 (6:07 PM)

The Sri Lankan government has published Gazette Notification No. 2421'41, signed by President Anura Kumara Dissanayake in his capacity as the Minister of Finance, Planning, and Economic Development, specifying the new luxury tax rates on private motor vehicles imported into the country effective from today (February 1, 2025). MORE..

1 Feb 2025 (10:00 AM)

The Sri Lankan government has officially lifted the temporary suspension on vehicle imports, which had been in effect since early 2020, through Gazette Extraordinary Notification No. 2421'44, dated January 31, 2025. MORE..

1 Feb 2025 (9:16 AM)