Business

Business

Import tax on big onion and potatoes increased

Import taxes of big onions and potatoes have been increased. The increase is effective from today. The Ministry of Finance announced that the import...

ITN BIZ NEWS 2015-05-10: Sunday

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Gem and jewellery exports increase

The country’s gem, diamond and jewellery export sector has recorded an overall growth of more than 50 percent as at end of 2012. Revenue...

Three new varieties of paddy introduced

The Ambalantota Rice Research Institute has introduced three new varieties of paddy that hold higher economic value. The AT 405 4 month white Basmati...

Mooloya factory brews all time high Colombo tea auction price

An invoice of Mooloya BOP1 was sold at an all time Colombo tea auction record price of 515 rupees per kilogram at last week’s sale. The teas...

BOC educates rubber cultivators on its latest loan scheme

The Bank of Ceylon is planning to hold district wise campaigns to create awareness about its latest loan scheme launched, targeting the small scale...

ITN BIZ NEWS 2015-03-15: Sunday

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First ever tourism coffee table book unveiled

Declared the best value tourism destination in 2013 by Lonely Planet, Sri Lanka received its first-ever tourism coffee table book titled ‘Refreshingly Sri Lanka.’ The...

Regional Plantation Companies vehement on productivity-linked wages

Warning that any ad-hoc increase of estate sector wages with no link to productivity would have dire consequences and would plunge the already haemorrhaging...

ITN BIZ NEWS 2015-12-13: Sunday

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