Facets Sri Lanka International Gem & Jewellery Show from 6th to 8th January 2024 at the Cinnamon Grand Colombo

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• Reliefs include concessionary 50% tax rate; enhanced capital allowance; flexibility of currency choice on payment of dividends or other financial benefits by businesses
• Lists secondary businesses of strategic importance at Colombo Port City

Industry 2023 Sri Lanka

22-25 JUNE, BMICH, COLOMBO, SRI LANKA
Towards Export Oriented Manufacturing Economy
Biggest Industry Exhibition in Sri Lanka

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The Sri Lankan Tea Industry Celebrates Major Gains by the Smallholder Sector despite Economic Challenges

On the International Tea Day, the local tea industry is celebrating impressive achievements by the smallholder sector despite facing an array of unprecedented challenges posed by the economic challenges and the currency collapse. “It goes without saying that the local tea industry has faced many demanding issues, but on this year’s International Tea Day, we want to celebrate the resilience of our smallholder tea growers, who have overcome pandemic adversity to be back on track to reach high profitability levels,” says Niraj de Mel, the Chairman of the Sri Lanka Tea Board. “The smallholder sector has already achieved so much in terms of sustainability in the past couple of decades that is worth celebrating. This is a new chapter in the story of Ceylon Tea,” he added.