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Last Updated = Tue, Mar 20, 2018, 12:09 am SL Time

* Sri Lanka Finance Minister hopes to promote business climate with new tax system

Mar 19 (CP) Colombo- Sri Lanka's new tax system, which will be effective from 1st of April would create a level playing field for everyone to do business promoting the business climate, Finance Minister Mangala Samaraweera said. A public awareness seminar on the new Inland Revenue Act that will be operational from 1st April 2018 was conducted today under the patronage of the Finance Minister.
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* Sri Lankan tourism experts visit Queensland for 10-day study tour

Mar 19 (CP) Brisbane- Representatives from the tourism sector in Sri Lanka have begun a study tour as a part of the 'Sustainable Tourism Development' Short Course Award program funded by the Australian Department of Foreign Affairs and Trade (DFAT), Griffith University in Queensland said in a media statement.
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* Sri Lankan stocks fall to nearly 7-week closing low on growth worries

Mar 19 (Reuters) COLOMBO- Sri Lankan shares fell to their lowest close in nearly seven weeks on Monday, as investors sold diversified and manufacturing stocks on worries over slower economic growth, brokers said.
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* Livelihood of over 300,000 tobacco farmer community in jeopardy

Mar 19 (DN) The livelihood of the country’s 300,000 tobacco farming community will be severally affected if the Government imposes the ban of tobacco cultivation from 2020, `All Ceylon Cigarette Tobacco Barn Owner’s Association’ (ACCTBOA) said.
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* Nawaloka Petroleum plans to expand operations

Mar 18 (ST) Nawaloka Petroleum (Pvt) Ltd, a fully-owned subsidiary of Nawaloka Holdings Ltd recently announced plans in 2018 to expand operations in a bid to become the preferred automotive solutions provider in the country.
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* Travel Black Book: Having a ball in Sri Lanka

Mar 18 (Straits Times) Favourite destination: Sri Lanka. I've visited it more than 10 times since I fell in love with the country on my first trip there in 1978 while on a cricket tour. Over the years, I have been enthralled by the warm and friendly locals, stunning sights,
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* U.S. terminates anti-dumping investigations on rubber products from Sri Lanka

Mar 19 (CP) Washington, DC- The United States International Trade Commission (USITC) has decided to terminate the Antidumping and Countervailing Duty investigations on imports of rubber bands from Sri Lanka.
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* Sri Lankan rupee hits record low on importer dollar demand

Mar 19 (Reuters) COLOMBO- The Sri Lankan rupee touched an all-time low on Monday on dollar demand from importers, but selling of the U.S. greenback by exporters late in the day eased some pressure on the currency, dealers said.
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* Litro Gas benchmarked by top CNCI awards

Mar 19 (Island) The top awards Litro Gas has won at the prestigious CNCI awards ceremony, set the bar high on Litro's operational and service standards as well as managing ethical business practices, Muditha Pieris, Managing Director, Litro Gas Lanka and Litro Gas Terminal Lanka (Pvt) Limited said recently.
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* Brandix Head of CSR lauded for leading efforts to alleviate water poverty in Sri Lanka

Mar 18 (Island) Head of CSR & Corporate Communications of Brandix Lanka Limited, Anusha Alles, was recognized as one of the world’s ‘100 Most Impactful CSR Leaders’ by World CSR Day during a two-day conference held in Mumbai, India recently.
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* ‘Create an FDI enabling environment’

Mar 18 (SO) The policies adopted by Sri Lanka have not been effective in sustaining the country’s attractiveness as a destination for foreign direct investment (FDI). Therefore, it is important to create an enabling environment for FDIs, Candor Group Director Ravi Abeysuriya (CFA) said.
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