Connect with us

News

Business chambers call for immediate halt to customs action

Published

on

“This would jeopardise the delivery commitments of the local manufacturers to international brands, further damaging our economic reputation and future trade prospects”

The Joint Chambers of Commerce yesterday expressed strong disapproval of the decision by the customs officers to work to rule, emphasising the urgent need to resume normal operations to avoid further harm to businesses.

The customs officers, who are planning a strike today and tomorrow, have already caused significant delays in clearing import cargo, disrupting the supply chains and delaying production and delivery.

“The delay in clearing goods has led to considerable costs, including port demurrages, yard charges, vehicle detention charges and liner charges. The importers, in particular, are bearing the brunt of increased costs and delays, due to this ongoing action,” said the nine key chambers in a joint statement yesterday.

The chambers voicing their concerns include the Ceylon Chamber of Commerce, American Chamber of Commerce Sri Lanka, European Chamber of Commerce of Sri Lanka, Exporters Association of Sri Lanka, Joint Apparel Association Forum, National Chamber of Commerce Sri Lanka, National Chamber of Exporters, Federation of Chambers of Commerce and Industry of Sri Lanka and Women’s Chamber of Industry and Commerce.

The chambers cautioned that the prolonged disruption would have a ripple effect on the exports, as the delays in clearing cargo would lead to vessels bypassing Sri Lanka altogether.

“This would jeopardise the delivery commitments of the local manufacturers to international brands, further damaging our economic reputation and future trade prospects,” it said.

Among the cargo at the port are perishable food items, medicines and other essential goods. Continued delays could result in shortages of these supplies.

Any strike action, as planned for July 4 and 5, will only exacerbate the situation, leading to further hardships for businesses and the broader economy.  

Asserting that at a time when the country is beginning to show signs of recovery and growth, actions of this nature would only dampen such positive momentum, the joint chambers called on the customs officers to reconsider their current actions in the context of the national economy and welfare of the public.

“We recognise that the grievances, if any, must be resolved through discussion and not by resorting to strike or work-to-rule actions,” the joint chambers said, while emphasising that the duties of the customs officers must be carried out with the highest standards of professionalism and integrity, prioritising the nation’s interests above personal considerations.

(dailymirror.lk)

(This story, originally published by dailymirror.lk has not been edited by SLM staff)

News

Govt. policy statement passed in Parliament sans vote

Published

on

By

The resolution on the Statement of the Government Policy presented by President Anura Kumara Dissanayake in Parliament on November 21 was passed unanimously in Parliament today (Dec. 04) without a vote.

The debate on the Statement of the Government Policy was held as a two-day debate from 9.30 am to 5.30 pm yesterday (Dec. 03) and from 9.30 am to 5.00 pm today.

Continue Reading

BIZ

W.M. Mendis’ liquor manufacturing license to be suspended

Published

on

By

The liquor manufacturing license issued to W.M. Mendis & Co. Limited will be suspended from tomorrow (December 5) due to their failure to pay Rs. 5.7 billion in excise taxes and surcharges, the Excise department said.

Accordingly, as per the provisions Excise Ordinance Act, the Commissioner General of Excise has ordered to suspend the liquor manufacturing license issued to W.M. Mendis & Co. Limited effective from tomorrow.

The department further stated that measures have been taken to suspend the liquor manufacturing process from tomorrow (December 5) and to not renew the other licenses issued to the company from December 31 onwards if the company continues non-payment of tax arrears and surcharges. 

Continue Reading

News

S. Korea President faces impeachment

Published

on

By

South Korea’s president yesterday shocked the country when, out of the blue, he declared martial law in the Asian democracy for the first time in nearly 50 years.

Yoon Suk Yeol’s drastic decision – announced in a late-night TV broadcast – mentioned “anti-state forces” and the threat from North Korea.

But it soon became clear that it not been spurred by external threats but by his own desperate political troubles.

Still, it prompted thousands of people to gather at parliament in protest, while opposition lawmakers rushed there to push through an emergency vote to remove the measure.

Lawmakers were also able to make their way around the barricades – even climbing fences to make it to the voting chamber.

Shortly after 01:00 on Wednesday, South Korea’s parliament, with 190 of its 300 members present, voted down the measure.

President Yoon’s declaration of martial law was ruled invalid.

Defeated, Yoon emeged a few hours later to accept the parliament’s vote and lift the martial law order.

Now, he faces the prospect of possible impeachment and even expulsion from his own party.

Source: BBC

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved