BYD, together with its authorised distributor John Keells CG Auto, has emerged as the number one brand in the brand-new vehicle segment, marking a new era in sustainable Sri Lankan mobility. Since vehicle imports resumed one year ago, BYD has rapidly established market leadership, securing the number one position in both the brand-new vehicle and […]
Category: Industry
Sri Lanka’s apparel exports grow 5.4% in December 2025; full-year exports top US$5.0 billion
Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from […]
PORT CITY COLOMBO SECURES US$300 MILLION FDI COMMITMENT FOR PHASE II DEVELOPMENT
CHEC Port City Colombo (Pvt) Ltd., the primary developer of Port City Colombo, has pledged approximately US$300 million in foreign direct investment to advance Phase II of the Port City Colombo project, marking a significant investment commitment at the start of the New Year and reinforcing confidence in Sri Lanka’s long-term growth prospects. The investment […]
IASL Marks Major Milestone in Motor Insurance Digitalisation with Launch of E-Motor Card and Donation of 500 Tablets to Sri Lanka Police
The Insurance Association of Sri Lanka (IASL) concluded the official launching ceremony of the E-Motor Insurance Digital Card and the handover of 500 tablets to the Sri Lanka Police Department at Ministry of Public Security and Parliament Affairs Auditorium, Suhurupaya Battaramulla. The event which took place on the 7 of January , brought together IASL […]