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Sri Lanka slashes tax on raw rubber exports

2016-05-18

Sri Lanka slashes tax on raw rubber exports

The Sri Lankan government will slash a cess on raw rubber exports to Rs4 a kilo from Rs15 to help cultivators get better prices by increasing competition between shippers and the domestic industry, a spokesman said.

Media Minister Gayantha Karunatillake said about 80 percent of natural rubber grown in the island is consumed by domestic industrialists and the rest exported.

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SL Navy exports 9 Patrol Craft to Nigeria

2016-05-07

SL Navy exports 9 Patrol Craft to Nigeria

Sri Lanka navy yesterday sold 9 small patrol craft, indigenously built by the Inshore Patrol Craft Project of the Navy established at Welisara, to the Nigerian Government.

The deal is a milestone in the annals of the Sri Lanka Navy as this is the very first transaction, where the Navy involved internationally earning foreign exchange to the country.

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Kandy IT/BPM Week 2016 in June

2016-05-06

Kandy IT/BPM Week 2016 in June

n a move to create a much-needed IT/BPM capacity, the Industry is advocating the creation of regional cities and bring about inclusive growth in the country. Kandy IT/BPM Week is one such initiative, which will be held from10th to 12th of June 2016, organized by SLASSCOM, supported by the Export Development Board (EDB), Information and Communication Technology Agency of Sri Lanka (ICTA) and the Ministry of Education (MOE).

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