Tag: The Ceylon Motor Traders’ Association (CMTA)

The Ceylon Motor Traders’ Association (CMTA), the senior-most automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, has issued an urgent appeal to the government to abolish the 15% depreciation currently granted on used vehicle imports, warning that the concession is causing massive revenue leakages at a time when the country can…

The Ceylon Motor Traders’ Association (CMTA), one of South Asia’s oldest automotive associations, recently hosted its 105th Annual General Meeting (AGM), at Hilton Residencies, Colombo. The event, which was attended by distinguished stakeholders from across the automative industry, and Chief Guest and Keynote Speaker, Mr. Bingumal Thewarathanthri, Vice Chairman of the Ceylon Chamber of Commerce. …