Slump in imports trigger surge in coconut oil prices island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
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COLOMBO (News1st): The government is using gazettes to pave the way for fraud and corruption, opposition lawmaker Anura Kumara Dissanayake has said.
The Jathika Jana Balawegaya leader argued that the government had issued a gazette to reduce Special Commodity Levy on coconut from Rs 150 to Rs 125, allowing its close allies to line their pockets.
“If a levy is imposed under the Special Commodity Levy Act, it cannot be amended until a month passes. But the finance minister had issued another gazette in two weeks…,” Dissanayake pointed out.
Citing another incident, the JJB leader observed that the government had issued gazettes to amend the Special Commodity Levy on imported sugar as well.
COLOMBO (News1st): The Janatha Vimukthi Peramuna (JVP) has accused the government of slashing import taxes to favour a private entity that imported sugar - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
SL Muslims should maintain harmonious relationship with majority community
Majority community should value contribution of Muslims towards peace, unity and economic prosperity of the country
Pakistan-Sri Lanka bilateral trade has estimated potential of over US$ 2 billion
Speaking to, Pakistani High Commissioner to Sri Lanka, Maj. Gen. (Retd) Muhammad Saad Khattak spelled out the status of bilateral relations from his country’s perspective and shed light on the potential areas for further growth in trade and cooperation.
Q
In what direction are Pakistan-Sri Lanka relations heading at the moment?
Since the establishment of diplomatic relations between Pakistan and Sri Lanka in 1948, the two countries have maintained a close, cordial and mutually supportive relationship. We have been helpful to each other during difficult times and always coordinate our positions on regional and international fora. Our relations are on a positive trajectory. Pakistan wishes to expa
Raigam Wayamba Salterns PLC started its journey in 2005 as a BOI company engaged in the manufacture, refining, packing and marketing of salt products.
By the time Raigam entered this trade, despite the fact that Sri Lanka was surrounded with sea and blessed with best weather conditions for manufacture of salt, unfortunately the country was depending on imported salt, bleeding its treasured foreign currency and neglecting all potential economic benefits of the industry.
Despite several industry barriers, Raigam’s challenging decision to invest in the industry has brought many advantages to the country at large. Today Raigam Wayamba Salterns PLC is reaping the harvest of its strategic investment, recording substantial growth even in the wake of the sudden unforeseen global challenges that engulfed the world.