FITCH SOLUTIONS

Sri Lanka’s Vehicle Imports Boost Revenue Prospects for 2025

March 14, 2025March 14, 2025 - by Aisha Hussein - Leave a Comment

Sri Lanka forecasts a 6.8% fiscal deficit for 2025, slightly higher than the 6.7% target. The government is projected to surpass its 15.0% GDP revenue target, mainly due to increased …

Cars

Chinese Automakers Enter Indonesian Market, Challenging Established Brands

March 11, 2025March 11, 2025 - by Isabella Chavez - Leave a Comment

Chinese carmakers have rapidly expanded in Indonesia, offering affordable electric vehicles that challenge the dominance of Japanese and South Korean brands. Despite an overall decline in car sales, favorable tax …