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Establishing 100 percent online submission advocated:

Thirteen recommendations to enhance trade facilitation

Jonathan Koh of CrimsonLogic, Singapore said the number of days for export should be reduced by half from the current 21 days to achieve excellence in international trade. Paper submission and the administration burden should be reduced, red tape should be checked and trade facilitation enhanced, he said.

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Positive economic environment:

More Banks for rural areas

There will be more economic activities in the country with the positive economic environment and the local financial sector would need more banks to cater to this demand.

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No takers to redevelop city’s condominiums

There are many condominiums to be redeveloped in the city of Colombo but developers are reluctant to redevelop them, said the General Manager, Condominium Management Authority, (CMA) G. U. Upawansa.

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From left: Advisor (Trade) Special Advisory Services Division Commonwealth Secretariat, Sujeevan Perera, President, FCCISL, Kosala Wickramanayake, Secretary, Ministry of Export Development and International Trade, S.Rannuge, CrimsonLogic, Singapore. Jonathan Koh and Chairman, International Chamber of Commerce Tissa Jayaweera at a discussion. Picture by Sumanachandra Ariyawansa

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