Chambers welcome tax on vehicles
The Business Chambers commended the move by the
Government to increase the vehicle import tax which will help bridge
the widening trade deficit and address environmental pollution due
to vehicle congestion in cities. The National Chamber of Commerce of
Sri Lanka (NCCSL) hailed the recent increase in vehicle import taxes
as a move that will save foreign exchange,
 Full Story
New fiscal policy will boost economy - Koshi Mathai
The new policy regimen introduced in February
with the tightening of the monetory policy and the devaluation of
the rupee and the resulting volatility will affect the people en
masse. But the underlying strength of the economy has been boosted
and it is important to maintain sustainable growth, said IMF
residential representative in Sri Lanka Koshi Mathai.
Full Story
National Chamber, Sri Lanka's first 'Green Chamber'
The National Chamber of Commerce (NCCSL) was
recently awarded the certificate for Carbon Neutral by becoming the
first ‘green Chamber’ in the country to offset it's carbon
footprint. “In today's business context the role of sustainability
has risen to a pre-eminent position” said President NCCSL Asoka
Hettigoda.
Full Story
Sri Lanka to sustain stronger growth throughout 2011-2015
Sri Lanka is expected to sustain a slightly
stronger growth momentum of 6.6 percent on average throughout
2011-2015, states a RAM Ratings report titled “Economic Outlook Sri
Lanka.”
Full Story
Sanquhar produces Red Tea, Oolong Tea
Ceylon Red Tea is produced out of the leaves of
the tea plant, Camellia Sinensis. In Sri Lanka, although excellent
raw material in the form of green tea leaves with high levels of
antioxidants is available, Red Tea was not produced before due to
lack of know-how.
Full Story
|
