Previous duty rate remains to persons who opened LCs prior to Budget

(COLOMBO, LANKAPUVATH) –Minister of Finance and Mass Media Mangala Samaraweera further relaxing the policies announced in the Budget – 2018 on the importation of vehicles has also revised the policy on Loan to Value (LTV) ratio on the financing for purchase of vehicles under lease basis.

"Previous duty rate remains to persons who opened LCs prior to Budget"

No rate volatility next year as govt. better prepared – CB

(COLOMBO, LANKAPUVATH) –Market interest rates are unlikely to experience volatility through public debt-servicing requirements, as the Central Bank and the Sri Lankan government are better prepared to mange domestic and foreign debt next year with the planned implementation of the Liability Management Act and the buffers being built up by the state.

"No rate volatility next year as govt. better prepared – CB"

Ceylon Tea promoted at Royal Botanical Gardens, Ontario

(COLOMBO, LANKAPUVATH) –Ceylon Tea was promoted at a “Tea Festival” organized by the Royal Botanical Garden in Burlington, Ontario, in partnership with the Consulate General of Sri Lanka in Toronto and the Tea Association of Canada, held on 4th – 5th November at the Royal Botanical Garden in Burlington.

"Ceylon Tea promoted at Royal Botanical Gardens, Ontario"