Category Archives: Business and Development

Hambantota Port – Before Filling

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Japan to support Sri Lanka in digital technology for TV transmissions

Japan has expressed willingness to support Sri Lanka in the introduction of Digital technology for TV transmissions. Japan’s Ambassador to Sri Lanka Kunio Takahashi gave this consent when he met Minister of Mass Media and Communication Keheliya Rambukwella. The meeting … Continue reading

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President declares tax concessions

President Mahinda Rajapaksa in his capacity as Finance and Planning Minister has declared the removal of the 15% surcharge on custom duty with effect from yesterday (1 June). The 2.5 percent import duty on most raw materials, plant and machinery … Continue reading

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Excise duty on vehicles slashed

Sri Lanka has slashed an import excise duty on vehicles by 50 percent amid a pick up in economy and demand for vehicles, lifted a general 15 percent surcharge on all imports and slashed duties on electronic items, an official … Continue reading

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