Economy
Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure.
May 19, 2026 at 4:22 AM
Central Bank Governor Dr. Nandalal Weerasinghe has warned that Sri Lanka's vehicle import costs could hit $2.4 billion by the end of 2026, driven by a $600 million expenditure in the first quarter alone.
Finance
Why Reduced Driving Won't Shield You from Rising Car Insurance Costs.
April 23, 2026 at 11:05 AM
While rising gas prices are forcing many Americans to drive less, experts warn that this reduction won't lead to significant savings on car insurance premiums due to inflating repair and parts costs.
Business
Strategic Pivot: BMW and Mercedes-Benz Race to Revive Electric Vehicle Growth.
April 9, 2026 at 7:12 AM
Facing significant sales declines in the US and China, BMW and Mercedes-Benz are doubling down on new electric vehicle models in 2026 to regain market momentum amidst changing global political and economic landscapes.












