India Strengthens Northern Policing with 134-Vehicle Donation.
The Indian government has donated 134 single-cab vehicles, valued at Rs. 300 million, to the Sri Lanka Police under the Indo-Sri Lanka Friendship Programme. The fleet is designated for deployment across police stations in the Northern Province to enhance operational capabilities.
Melstacorp Subsidiary Named Official BMW Importer and Dealer in Sri Lanka.
Melstacorp PLC has announced that its subsidiary, Mels Automobiles, has been appointed as the official importer and dealer for BMW vehicles in Sri Lanka, marking a significant expansion into the premium automotive market.
Middle East Conflict Sparks Global Surge in Electric Vehicle Adoption.
Escalating conflict in the Middle East has driven up global fuel prices, leading to a significant increase in demand for electric vehicles across countries like Australia, China, Vietnam, and South Korea as consumers look for cost-effective alternatives.
Local Manufacturers Sound Alarm Over Proposed Cess Tax Phase-Out.
Industry leaders in Sri Lanka are urging the government to reconsider its plan to phase out the Cess tax on over 2,600 imports, warning that local small and medium enterprises lack the economies of scale to compete globally without this protection.















