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#Vehicle Imports

13 Articles
Sri Lanka

Sri Lanka’s vehicle market among world’s least affordable

Sri Lanka was ranked as the third most expensive country in the world to purchase a vehicle in 2021, according to the World...

Sri Lanka

No decision to restrict vehicle imports, says Central Bank Governor

Central Bank Governor Dr. Nandalal Weerasinghe today clarified that neither the government nor the Central Bank of Sri Lanka (CBSL) has taken any...

Sri Lanka

Low demand for vehicles: Importers blame Govt for imposing high taxes

Vehicle importers have raised concerns over the lack of significant demand in the market despite the relaxation of the vehicle import ban in...

Sri Lanka

Over 37,000 vehicles registered in first 3 months

The Department of Motor Traffic reports that 37,463 new vehicles were registered in Sri Lanka during the first three months of this year....

Business

Vehicle imports hampered by delays at Finance Ministry

Industry leaders are raising concerns over delays in decision-making within the Ministry of Finance, particularly regarding vehicle imports, which they say have hindered...

Business

USD 200 Million in LCs opened for vehicle imports

Central Bank Governor Nandalal Weerasinghe announced that letters of credit worth USD 200 million have been opened since the resumption of vehicle imports....

Sri Lanka

Customs on high alert after importers submit falsified vehicle production dates

Sri Lanka’s Customs Department has issued a warning to vehicle importers after 197 vehicles, recently imported on the first ship to arrive following...

Sri Lanka

197 imported vehicles seized by Customs

A total of 197 imported vehicles have been detained by Sri Lanka Customs in recent days.  The vehicles were held due to concerns...