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Top experts say:
Tax experts said the country is grappling with
the challenge as to what is the ideal combination of taxes to
promote businesses and trade endeavours and for it to be a preferred
destination for Foreign Direct Investments (FDIs).
To attract private partner:
The government is looking at a suitable model
with public-private partnership (PPP) to revive SriLankan Airlines.
“The initial restructuring process will take six months from now,”
Public Enterprise Development Minister Kabir Hashim told Sunday
Observer Business.
Sri Lanka’s has invited foreign investors to
join its development projects in the areas of shipping industry,
transportation and roads, industrial estates, expressways,
irrigation and the creation of a new Megapolis at the 19th Asia
Investment Conference in Hong Kong on Friday.
In the Sri Lankan retail scene, there are mainly
two seasons that drive shoppers to retail stores and of course,
makeshift stalls by the roadside. They are Christmas/New Year and
Sinhala and Hindu New Year.
Janashakthi Insurance PLC has appointed leading
business personality Husein Esufally as the Chairman of its Board,
following the retirement of its incumbent Chairman and Director, W.
T. Ellawala.
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