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Financial Times |
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Tourism Act by next month
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| A crucial piece of legislation in tourism, held up for nearly two years will finally see the light of day following changes at the helm of the Ministry of Tourism, renewing hopes of the industry stakeholders.
Ministry officials confirmed that the new Tourism Minister Milinda Moragoda will finalise the decision to bring in the new Tourism Act by next month, following discussions with some stakeholders earlier this week. |
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| Tea Board saga; battle still on |
| An interim injunction issued against the Sri Lanka Tea Board (SLTB) based on an application by its former chairman was vacated on February 2, enabling the current directorate to function.The battle of wits between the board and the former chairman B. A. C. Abeywardane – over his dismissal – has been going on for awhile and even led to the latter calling a board meeting, even after he was ousted. |
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| Malaysian Business Council in Kandy |
| Business ties between Sri Lanka and Malaysia reached a new level yesterday with the formation in Kandy of the first ever regional business council between the two countries.
The Sri Lanka Malaysia Regional Council was launched in the central hill town, the first time such a chamber-like body has been set up outside Colombo. |
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| Uproar over duty concessions to ‘few’ importers |
 A major uproar has broken out over a decision by the government to provide duty free concessions to a select band of importers of essential foods and commodities.
The Ministry of Trade, Marketing Development and Consumer Affairs publicised this week that the government will be calling for bids from importers for the importation of 12 essential commodities which includes sugar, potatoes, onions, lentils, and chilli and will subsequently choose the 10 lowest bids. |
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