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The U.S. Ambassador to Sri Lanka, Julie Chung, states that the U.S. apparel manufacturing sector is projected to generate USD 365 billion in revenue in 2025 and added that Sri Lanka can benefit from reduced shipping times, lower tariffs, and the ability to respond swiftly to market demands by establishing operations in the United States. MORE..

31 Jan 2025 (11:32 PM)

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)

An Extraordinary Gazette Notification has been issued outlining the import duties applicable to electric vehicles based on their power capacity. MORE..

1 Feb 2025 (10:41 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)

The UN Committee on the Elimination of Discrimination against Women (CEDAW) will hold its upcoming session from February 3 to 21 to review the status of women s rights in Sri Lanka, along with seven other countries- Nepal, Belarus, Luxembourg, Belize, Congo, Liechtenstein, and the Democratic Republic of the Congo... MORE..

31 Jan 2025 (11:54 AM)