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Wednesday, 24 November 2010

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Exports need to be diversified - Dr Kelegama

The country’s trade policies play a major role in providing wider market access and global trade opportunities. “Sri Lanka was the first South Asian country to liberalize trade policy. We have supplemented our unilateral trade strategy with multilateral, regional and bilateral liberalizations which consists of our trade regime.

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Revenue buoyant tax reforms

Focused tax system to achieve growth:

The country is moving towards revenue buoyant, business-friendly and broad based tax reforms. The fiscal proposals for 2011 would be an enabler for Sri Lanka’s future revamp tax structure, KPMG Ford, Rhodes, Thornton and Company Partner and Tax Services Head Premila Perera said.

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Sri Lanka needs more marinas

The Belgian delegation who is currently in Sri Lanka for closer economic cooperation said that they were impressed by the way the Board of Investment’s response to their investment proposals

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Central Bank of Sri Lanka (CBSL) made arrangements to simplify foreign exchange controls in order to facilitate foreign exchange transactions, the CBSL announced yesterday. Here Central Bank Governor Ajith Nivard Cabraal at the news conference to announce further Relaxation of Foreign Exchange Regulations in the country with other CBSL officials. Picture by Sumanachandra Ariyawansa



 
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