The lifting of Sri Lanka’s vehicle import ban in 2025 marked a dramatic shift, unleashing stories of revival, frustration, and adaptation across the automotive sector.
Sitting (L–R): Venugopal Choudhary, CTO & CBO, Pine Labs Credit+; Naleen Edirisinghe, Director/CEO, Pan Asia Bank. Standing: Atul Tuli, CRO, Pine Labs Credit+ India & Sri
During the five-year vehicle import ban from 2020 to 2025, most imports halted, but some exploited loopholes, leading to fraud cases and revenue losses. Common
After nearly five years of strict restrictions, Sri Lanka began lifting the vehicle import ban in late 2024 and early 2025. This phased approach reflected
On January 26, 2026, silver prices broke through the $112 per ounce level for the first time ever, reaching an intraday high of $112.1881 during
The year 2020 marked a turning point for Sri Lanka’s vehicle import sector. In March 2020, amid the global COVID-19 pandemic, the government introduced temporary
Sri Lanka has long had a deep connection with motor vehicles, reflecting the island’s growing economy and rising middle class. For decades, importing cars, SUVs,
Sri Lanka has taken a strategic step toward regional cooperation in fisheries management with the Cabinet of Ministers approving the signing of a Memorandum of
The World Economic Forum (WEF), renowned for convening global leaders to address pressing economic, social, and environmental issues, has maintained a longstanding relationship with Sri
Gold prices have surged to new all-time highs, reaching around $4,750 per ounce today, driven by a mix of geopolitical tensions and economic shifts. This
