The Finance Ministry of Sri Lanka has reportedly stated that the proposed 15% value added tax (VAT) on apartment units would only be imposed from the 1st of April 2019.
The local media has reported that the Sri Lankan government has invited more players to import, export and blend lubricants.
The Sri Lanka Ports Authority (SLPA) has reportedly said that container handling at Sri Lanka’s Colombo Port has grown 15.6 percent in the first half of 2018.
A Singapore based trade economist has reportedly stated that Sri Lanka could get more manufacturing investment due to the increasing economic tensions between the US and China.
Managing Director of Sri Lanka’s Agency for Development, Mangala Yapa has reportedly said that the government will continue to move forward on trade deal negotiations with the next round of discussions with Thailand