Tourism Act to bring Rs. 1b from Cess Fund
The proposed Tourism Act would bring an annual
income of nearly Rs. one billion to the industry, the Additional
Secretary to the Ministry of Tourism George Michael said. This money
would be collected from the CESS fund, which is being accumulated
from a levy from registered hotels and a percentage from the
Embarkation tax.
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Lanka must aim for 'The Tea Nation' status
Sri Lanka should aim to be 'The Tea Nation' of
the world to get a higher dollar value as it has all the strength to
occupy that position, Director Corporate Branding MAS Holdings Ravi
Fernando said.
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Munchee eyeing CIS market
Anjana Samarasinghe
Ceylon Biscuits Limited, CBL is planning to
enter the former Commonwealth of Independent States (CIS) countries
to expand their export destinations. Group Export Manager of CBL,
J.F Rubera told Daily News Business they expect to venture out to
former CIS countries, as it is a potential market for CBL.
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