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Mangala(FM) says SVAT to stay (Daily FT 15.08.2017)

  The Finance Ministry yesterday said it would continue with Simplified VAT (SVAT), following high level Government discussions. The continued implementation of SVAT came under confusion following the publication of the proposed Inland Revenue Bill and private...

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NCE dismayed over possible Cess removal (Dailt FT 4.08.2017)

Insists impact assessment on local companies essential, plans brainstorming forum  The National Chamber of Exporters (NCE) yesterday expressed dismay over apparent moves by Government authorities to remove Cess on imported products hitherto imposed as a protective...

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Fresh support for SMEs (Daily FT 27.07.2017)

Cabinet this week gave approval to establish a national institution to facilitate small and medium enterprises to obtain loans through providing long-term debt securities, Cabinet briefing notes published by the Government Information Department revealed. The proposal...

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S’pore-SL FTA to be signed before Dec. (Daily FT 19.07.2017)

  Singapore’s Foreign Minister says keen to expand b2b engagement beyond existing 350 companies By Himal Kotelawala Singapore yesterday affirmed that the proposed Free Trade Agreement (FTA) with Sri Lanka will be signed before the year ends, with the objective of Sri...

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Way forward for shipping (Daily FT)

Industry expert talks tough on policy changes, anti-corruption measures and liberalisation  Sri Lanka Shippers’ Council Immediate Past Chairman Sean Van Dort (right) greeting the newly-elected Sri Lanka Shippers’ Council Chairman Chrisso De Mel as Sri Lanka Shippers’...

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Labour shortage hits cinnamon industry (Daily FT 29.06.2017)

By Marwaan Macan-Markar asia.nikkei.com: Along Sri Lanka’s west coast, towns like Negombo have abundant green cinnamon farms that keep peelers of the bushes’ fragrant inner bark busy. Pesthathanthri Sumathipala, a seasoned peeler, is up at dawn to lead a small crew of...

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Future of Sri Lankan exports (Daily Mirror 27.06.2017)

  Foreign Minister Ravi Karunanayake speaking at the FT forum – ‘Grow with Giants’ – said Sri Lanka’s exports have dwindled due a lack of competitiveness over the years, from US $ 17 billion to US $ 11 billion and that there is an urgent need for export...

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The future of Sri Lankan exports (Daily FT 16.06.2017)

Foreign Minister Ravi Karunanayake speaking at the FT Forum ‘Grow with Giants’ on Wednesday said Sri Lanka’s exports have dwindled due a lack of competitiveness over the years, from $ 17 billion to $ 11 billion and that there is an urgent need for export...

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NCE conducts forum on GSP+ concessions (Daily FT 1.06.2017)

From left:  Shiham Marikar, Secretary General, NCE, Ramal Jasinghe, the President of the NCE, Dr Harsha De Silva, Deputy Minister of Foreign Affairs, Paul Godfrey, Counselor/Head of Political, Trade and Communications Section of EU delegation, Mrs. Sonali Wijerathne,...

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