"We
are progressing very satisfactorily with the electronic
submission of our declarations. We are happy to say that
90% of our import cusdecs are sent electronically and
the BOI desk is also doing a fast job."
News and
Events
Electronic Data Interchange (EDI) – The most popular reform
In 2006/2007 EDI has been introduced as the most popular reform and Sri Lanka is listed as one of the countries using introduced or improved electronic data interchange system (Table 9.2).
Lanka best in the region for cross border trading
Rohantha Athukorala, Director, Economic Affairs - SCOPP | Daily News ,
20080213
The Global Economic Prospects (GEP) has estimated the South Asian Economy has grown by 8.4% in 2007. Consumer demand in the region has been boosted by expanding credit, rising incomes and strong worker remittances.
South Asia experienced investment growth being buoyant, as the business sentiments transmitted was positive. Revenue and profits of the corporate sector catapulted to make it the most attractive region for global players.
The 2008 growth in South Asia is expected to ease to 7.9% in response to slower external demand whilst, the Global growth is estimated to settle at 3.6%.
ACC will cut costs of imports and exports
The Island - Business ,
20080621
Since goods cannot move faster than the information that controls them, the efficient and secure exchange of trade information is a crucial component of international trade. Conventional clearance of import and export goods depends on paper-based manual procedures which involves preparing numerous paper documents and physically carrying them up and down between many different offices. ...
