Sri Lanka recently hiked taxes on motor vehicles after the island's currency peg came under pressure from a spike in credit taken to manipulate energy prices.
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Tue, 21 May 2013
23:57:54
Sri Lanka's Colonial Motors bags Mazda agency
16 Jun, 2012
11:19:39
June 16, 2012 (LBO) - Sri Lanka's listed Colonial Motors Plc, said it had bagged the agency for Japan's Mazda Motor Corporation.
The firm said a deal appointing it as the importer and distributor of Mazda vehicles for Sri Lanka and the Maldives was signed on June 11.
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