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Sri Lanka asks Amazon to remove bikinis and doormats featuring its flag

Sri Lanka has asked retail giant Amazon to take down bikinis, briefs and doormats featuring the nation’s lion flag from its site, authorities said Sunday, two days after it protested…

Finance companies are permitted to lend up to 80% of the value in used motor vehicle purchases

The Central Bank (CB) decided to increase the loan to value ratio (LTV) of licensed finance companies up to 80 percent on auto loans in purchasing used passenger vehicles in…

EU Urges Sri Lanka to Notify Imposed Import Restrictions Measures to WTO

The Europan Union (EU) has urged Sri Lanka to notify import restrictions measures imposed since April 2020 to the World Trade Organisation (WTO), while stressing the need for a level…