During his four-day state visit to China, President Anura Kumara Disanayake held a series of strategic discussions with several globally acclaimed leading Chinese corporations following his participation in an investment forum organized by both public and private sector entities in China.  

Among the prominent companies involved in these discussions were the China Communications Construction Company Ltd (CCCC), China Petrochemical Corporation (SINOPEC Group), Metallurgical Corporation of China Ltd (MCC), Huawei and BYD Auto.  

President Disanayake highlighted the investment opportunities available in Sri Lanka and assured these corporations that the government is committed to providing all necessary facilities and support to investors to foster a business-friendly environment.  

Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath and Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake also participated in these significant engagements.  

(President’s Media Division)

A shortage of tamarind in the local market has led to retail prices soaring above Rs. 2,000 per kilogram in the Hatton area, reports say.

The retail price of a Tamarind kilo previously ranged from Rs. 350 – Rs. 400. 
According to traders, the shortage is attributed to a poor tamarind harvest this season.

The government has announced the import tax percentages applicable to vehicles imported from February 2025.

According to the gazette notification issued in this regard, excise duties ranging from 200% to 300% have been imposed on vehicles. 

The gazette, issued by the President in his capacity as the Minister of Finance, is as follows :