This article reports on several tariff reductions that will be introduced by Sri Lanka Telecom (SLT) effective November 1, 2007. The changes will affect line rental as well as call costs. The changes were made after the Supreme Court ruled that SLT must provide a rebate of 8.72 percent on ...
Ensuring accurate and complete documentation is crucial for smooth customs clearance when importing goods from South Korea to Sri Lanka. Provide complete and correct paperwork to avoid delays, additional costs, or even the seizure of the goods. Here are vital documents that businesses...
When exporting from Hong Kong to Sri Lanka, understanding the customs regulations is crucial. Duties and taxes are a significant aspect of the export and import process. Thesefees vary based on the type of product and its value. Importers should be aware of Sri Lanka’s tariff schedule...
Replace Sri Lanka’s complex tariff system with a low and uniform tariff rate. Implementation and improvement of theNational Single Windowfor trade, which will allow all parties involved in trade and transport to lodge standardized information and documents at a single-entry point to...
Sri Lanka 8 million zero tariff garment products will be exported to India very soon. At the request of the relevant departments of Sri Lanka, India decided to relax the procurement requirements for garment fabrics exported from Sri Lanka to India. ...
ECONOMYNEXT – The Ceylon Electricity Board (CEB) will submit a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) to reduce electricity tariffs next week, Power and Energy Minister Kanchana Wijesekera said. “The CEB will submit the electricity tariff reduction proposal to PUCSL ...
The Chairman of Public Utilities Commission of Sri Lanka, Mr. Janaka Ratnayake also said that the new tariff revision has been prepared to provide relief to the hotel sector and the industrial sector. "During the last 9 years, the value of the dollar has increased by 190 percent. Therefore...
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The research question at hand seeks to understand whether trade agreements, such as the one between India and Sri Lanka, indeed enhance bilateral trade. Comparative advantage theory provides valuable insight into this inquiry. Trade agreements often involve provisions for tariff reductions or elimination...
President Ranil Wickremesinghe has expressed his gratitude to the Venerable Maha Sangha for their contribution on conserving electricity at religious shrines and the precedent it sets for society.