Business

Sri Lanka Customs says it intends on making public the names of individuals and institutions found guilty of violating customs laws.

Following a complaint received by the Consumer Affairs Authority (CAA), a warehouse in Negombo was raided, where a stock of canned fish intended for market distribution was found to be misleadingly labeled with the name and standard logo of a manufacturing company.

There is a weakness in the initial agreement we made with Starlink, as it does not grant us access to its data systems in the event of a national security issue, unlike the arrangements we have with existing telecom providers in Sri Lanka, President Anura Kumara Dissanayake said.

The electricity tariffs will be increased in the next tariff revision in June, President Anura Kumara Dissanayake said.

The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025.

Sri Lanka may still be on the road to recovery, but its steps in correcting long-standing policy failures are now being recognised where it matters most—by key international lenders.

WhatsApp users with older iPhones will soon lose access to the messaging platform, as the company plans to withdraw support for devices running outdated iOS versions starting May 5, 2025.

Sri Lanka has made significant progress in discussions with United States trade authorities and the International Monetary Fund (IMF), with both engagements yielding positive outcomes, according to Deputy Minister of Finance Harshana Suriyapperuma.

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -2.0% in April 2025, compared to -2.6% in March 2025, according to the latest data released by the Department of Census and Statistics.

While rejecting media reports claiming there is a decrease in sales of imported vehicles, the Vehicle Importers’ Association of Sri Lanka (VIASL) said today that since the resumption of vehicle imports, nearly 75 percent of imported vehicles have already been sold.