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June 10, 2024
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Business & Economy

IDB and MOI Organize National Vehicle Parade with all Domestically Value-Added Vehicles

4min
Monday, 10th June 2024, COLOMBO; A vehicle parade of locally manufactured and assembled vehicles organized by the Industrial Development Board (IDB) along with the Ministry of Industries (MOI), Sri Lanka Automobile Component Manufacturers Association (SLACMA) and Automobile Assemblers Association will be held for the third time, through Galle Face, Lotus Roundabout , Fort, Technical Junction, […]
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November 19, 2020
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Economy

New Era for Local Motor Vehicle Assembly with 2021 Budget – SLACMA

2min
THURSDAY, 19TH NOVEMBER 2020, COLOMBO; The Sri Lanka Automotive Component Manufacturers’ Association has welcomed the 2021 Budget describing it as a ‘new era for local automotive component manufacturers’. In appreciation of the government’s efforts to encourage entrepreneurs in the automobile industry engaged in vehicle assembly using locally manufactured brand-new auto components, Dimantha Jayawardena, President of […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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