#Vehicle Imports
Financial institutions lend over Rs. 1.16 trillion for vehicle loans
Sri Lanka is projected to spend more than USD 1.5 billion on vehicle imports this year, surpassing earlier estimates of USD 1.2 billion,...
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...
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...
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...
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....
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...
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....
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...
