Tag: Sri Lanka Business News

  • 11th Symposium of the Lanka Rainwater Harvesting Forum

    Main streaming Rainwater Harvesting as a Water Supply Option. Call for Paper Please send your research papers (full papers) on or before 25th July 2014 Session topics: Technical, Social and Economic aspects of RWH Health benefits and issues related to rainwater use Rainwater Harvesting as a Climate Change Adaptation Measure Further Information Can be obtained…

  • New Fish Market Shops are for Sale by Ministry of Fisheries & Aquatic Resources Development

    Applications are called from the fish vendors who are interested in obtaining remaining limited fish stalls of the Peliyagoda Central Fish Market managed by the Management Trust under the Ministry of Fisheries and Aquatic Resources Development. Priority will be given to the fish vendors who were registered at St.John’s Fish Market, Pettah. Applications can be…

  • Sri Lanka to attract foreign investment for import substitution

    In an ambitious move to-wards self-reliance. Sri Lanka is to attract foreign investors for import substitution projects offering them tax concessions under the Board of Investment of Sri Lanka (BOI). Investment Promotion Minister Lakshman Yapa Abeywardene told that the aim of introducing this strategic scheme is to produce necessary items locally without importing it by…

  • Beware! Outdated chocolates re-entering into Srilanka market

    Chocolate lovers need to check twice their favourite international brands before buying as recent raids reveal outdated chocolates imported from India are introduced into the market with new labels or end up as chocolate delights, officials said. Large stocks of outdated chocolates with a market value of Rs. 100 million were seized from a warehouse…

  • Shangri-La Increases Investment to US$ 450 Million

    The Shangri-La hotel chain, which will be initiating Sri Lanka’s first seven star hotel, has revised its plan of construction and has decided to increase their investment to US $450 million, excluding the cost of the land and along with an increase of rooms from the initial 500 to 625. The hotel is to be…

  • LANKAPAK 2014 – International Packaging Exhibition in Sri lanka on 18th to 20th July 2014

    The Srilanka Institute of Packing organised an exhibition of Lanka Pak 2014 from 18th to 20th July 2014 at BMICH Colombo, Srilanka. The Exhibition will be an ultimate solution for your packaging needs for your product to be a rich looks. For more detail about the event contact to Lahiru Abeygunawardana on 077 7203220 Or…

  • Deduction of Income Tax when remittances are made to any person or partnership outside Sri Lanka

    Furnishing of Tax Clearance Certificate to Commercial Banks and Authorized Dealers When outward remittances are made by commercial banks or authorized dealers, they are expected to ensure that the remittances are made in compliance with the tax laws. therefore, you are kindly requested to obtain a Tax Clearance Certificate with regard to remittances mentioned in…

  • Cable car and Ice Skating rink in Mahagastota by 2015

    For the first time in Sri Lanka, MLM Associates will be designing and constructing an ice skating rink in conjunction with the cable car project which was set to be erected in Nuwara Eliya between Lake Gregory and Mahagastota. The entire project will be – completed at a total investment of US $25 million. The…

  • Arogya 2014 Medical Health Exhibition at BMICH from 16th to 18th May 2014

    The National Chamber of Commerce of Srilanka has organised an International Exhibition & Trade Fair of Arogya 2014 on 16th to 18th May 2014 at BMICH, Colombo Srilanka. The Exhibition will be contains showrooms of Agriculture Banking Construction and Engineering Educational Services Environmental Services Exporters Food Processing Health related Services ICT Importers Industry Insurance Light Engineering…

  • 350 metres Lotus Tower on progress to be the tallest in Lanka

    The Lotus Tower that Is being constructed down D.R. Wijewardene Mawatha has reached a height of 50 metres now. The telecommunication regulatory official stated that feasibility studies for the second, phase of the project are ongoing with the finalisations to structural drawings. It will take another one or two months for the feasibility studies to…