COLOMBO: Sri Lanka will impose a 5 percent tax on ethanol imports and 2 percent tax on sugar to set up price stabilization fund for local sugar cane, Finance Minister Ravi Karunanayake said.
Sri Lanka will also give 100 percent capital allowance for local and foreign investors who set up factories of over 2000 tonnes crushing capacity he said in Monegaragal and Batticaloa districts.
They will also be given state land to start out grower models, he said.
ISLAMABAD: The government announced the approval on Tuesday. The development comes as Pakistan faces border closures with Afghanistan, which have...
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) and the Directorate General of Special Education (DGSE) have agreed to...
KARACHI: Foreign investment in Pakistan Investment Bonds (PIBs) exceeded $500 million in the first four months of fiscal year 2026-27,...
LAHORE: The Punjab Revenue Authority (PRA) collected Rs114.76 billion in July and August 2026, a 31.6 percent increase over the...
