Sri Lanka Brodcasting Corporation

Mon09162019

Last updateMon, 24 Jun 2019 2pm

Local News

The Prime Minister emphasizes the importance to take the local fruit production activities and related investment promotion activities forward without any obstacles.


Prime Minister Mahinda Rajapaksa emphasized the importance to take the local investment promotion activities forward without any obstacles. The Premier made this remark at a meeting held yesterday at Prime Minister's office with local investors. The Premier instructed the secretary of Finance ministry to reduce the tax on sugar which is used for the production of organic and mixed fruit soft drinks. This move will ease the burden of local fruit drink producers. As a result, the prices of these local fruit drinks can be brought down by 30 percent. This could promote the local fruit drink producers to invest more in the industry.