'Ad-hoc tax systems will hit exporters adversely'
A set of effective policies and maintaining a
conducive environment for the private sector to continue the growth
momentum was vital. The Government should not engage in business and
needs to take measures to create a level playing field among the
business community to encourage better returns,
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Tourism industry lost a golden opportunity
Sri Lanka Tourism under the former regime was a
‘one-man show’ that paved the way to a half-baked administrative
structure, lack of transparency in data and stagnation in the number
of employees that stifled growth of the industry.
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Relief soon for F&G depositors
After a lapse of two years from the date of
dissolving of the former Trust office, the Supreme Court finalised
the constitution of the new Board of Directors for the two companies
of Finance and Guarantee, F & G Real Estate Company Ltd (RECL) and
Property Development Limited (PDL),
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Textech expo, a boost for apparel sector
The Textech International Expo, which was held
for the sixth consecutive year in Sri Lanka will boost the apparel
sector. "The challenging international market place needs the
comparative advantage of strong brand identity to win buyers
globally.
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Port City project: Implications on environment should be studied
The business community said that the government
should leave no stone unturned in carrying out a comprehensive study
on the implications of the Port City project on the environment.
They said that the safety of the environment and the protection of
livelihood should not be compromised for short-term economic
benefits.
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Belluna to invest US$ 100 m in Lanka
Asia Capital PLC has entered into a partnership
with Belluna Co. Ltd of Japan to make several strategic investments
in Sri Lanka’s booming leisure and property sectors. The agreement
in this regard was signed by President, Belluna Co., Kiyoshi Yasuno
and Group Chief Executive Officer,
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Warm welcome for Indian PM at Taj Samudra
Prime Minister of India Shri Narendra Modi
received a warm welcome when he arrived at the Taj Samudra where he
stayed during his visit to Sri Lanka. Area Director and General
Manager, Taj Samudra Colombo, Rohit Khosla personally welcomed the
Prime Minister and his delegation on arrival.
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Recent developments disappointing - Tata Housing
Tata Housing expressed disappointment on press
reports that have appeared over the past two weeks quoting some
Government authorities regarding the Government’s decision to review
the project based on allegations that are not factual.
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