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Dealing With Change: The Steel Industry Taxation Story

๐‘ป๐’‰๐’† ๐‘ฎ๐’๐’—๐’†๐’“๐’๐’Ž๐’†๐’๐’• ๐’‚๐’๐’… ๐’Š๐’•๐’” ๐’Ž๐’๐’—๐’† ๐’๐’‡ ๐’”๐’•๐’†๐’†๐’: ๐’‚๐’๐’ ๐’‚๐’ƒ๐’๐’–๐’• ๐’•๐’‰๐’† ๐’„๐’‰๐’‚๐’๐’ˆ๐’†   A big move made by the Government has brought in a radical shift in the pricing structure of theย #Steelindustry. The change is about eliminating customs duty on importing raw materials, such as coking coal and ferronickel, and increasing export duty from 30% to …

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Why is Sri Lanka in Economic Crisis?

๐’๐ซ๐ข ๐‹๐š๐ง๐ค๐š’๐ฌ ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ž๐ฌ ๐ญ๐จ๐๐š๐ฒ: ๐š ๐ฌ๐ข๐ญ๐ฎ๐š๐ญ๐ข๐จ๐ง ๐ช๐ฎ๐ข๐ญ๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ๐ฅ๐ฒ ๐š๐ฅ๐š๐ซ๐ฆ๐ข๐ง๐ !   As tragic as it might seem, today Sri Lanka, known for its flora & fauna, is experiencing the greatest economic crisis in its history. Intriguing, isn’t it? According to the World Bank Organization, 5 lakh people in the country have sunk below the poverty line …

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Clean Science and Technology Ltd – Initiating Coverage

Clean Science & Technology (Clean Science) was launched in 2003 and is one of the few chemical companies to have developed novel technologies via the use of in-house catalytic processes. Indeed, some of the company’s approaches are firsts in the globe. Cleaner (fewer effluents) and more cost-effective procedures have helped the company to attain market …

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Have Chemical Industries Landed To Bear Territory?

Until recently, Chemical industries were booming amidst other sectors in the market. However, this belief is beginning to distort. This can be reflected from the fall of chemical industries\’ stock from multi-bagger to bear territory. Companies such as Valiant Organics, Balaji Amines, DCW, Sigachi Industries, Laxmi Organic Industries, Alkyl Amines Chemicals, Oriental Aromatics, IG Petrochemicals, …

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