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Top companies to explore opportunities:
US positive about Lankan economy
The United States has expressed positive
sentiments about Sri Lanka and top US multinational companies are
keen to explore opportunities for trade and investment in the
country, said President American Chamber of Commerce in Sri Lanka
(AMCHAM), Vijaya Ratnayake.
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Suspended VAT scheme:
An outstanding trade facilitator
VAT refund claims have been reduced to 5,000
from 20,000 in 2009, said Deputy Commissioner General, Department of
Inland Revenue Mallika Samarasekera. She said that in developed
countries the refund claims are settled within one month but in
developing countries it might take months or years due to many
reasons. Samarasekera was speaking at a seminar on the new suspended
VAT Scheme.
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UNSG Panel Report could derail SME growth
The Darusman Report may have an adverse impact
on the economy and in particular the Small and Medium Scale (SME)
sector industries in Sri Lanka said President, National Chamber of
Commerce of Sri Lanka (NCCSL), Asoka Hettigoda.
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