FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


Latest topics

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by kanishkaecomm Yesterday at 10:12 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by SAGA Yesterday at 9:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by EPS Yesterday at 9:11 pm

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 9:07 pm

» Top Foreign Trading today - 22/06/2021
by SAGA Yesterday at 8:50 pm

» TOP 20 LISTED COMPANIES BY FINANCIAL CHRONICLE™
by CHRONICLE™ Yesterday at 8:37 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 8:30 pm

» RWSL for short term profits
by madukp Yesterday at 5:17 pm

» YORK has a potential to go double ...
by Vasyan Yesterday at 5:07 pm

» United motors limited UML
by smnsam Yesterday at 2:43 pm

» dividend counters
by kanishkaecomm Yesterday at 12:43 pm

» HAYCARB PLC (HAYC.N0000)
by samaritan Yesterday at 11:33 am

» World-famous angel investor Conny enters Sri Lanka
by samaritan Yesterday at 10:00 am

» SINHAPUTHRA FINANCE PLC (SFL.N0000)
by kanishkaecomm Yesterday at 9:47 am

» ADAM CAPITAL PLC (PCHH.N0000)
by GayanKK Yesterday at 9:46 am

» New Commodity bubble. How will it impact the CSE?
by CHRONICLE™ Yesterday at 8:53 am

» MELSTACORP PLC (MELS.N0000)
by engineer Yesterday at 7:29 am

» R I L PROPERTY PLC (RIL.N0000)
by SAGA Mon Jun 21, 2021 9:57 pm

» Dividend - July/August
by High-flyer Mon Jun 21, 2021 9:41 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by madukp Mon Jun 21, 2021 9:08 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Protests as Sri Lanka cuts tax on sugary drinks

Protests as Sri Lanka cuts tax on sugary drinks

Go down  Message [Page 1 of 1]

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Protests as Sri Lanka cuts tax on sugary drinks

Dec 02, 2018

AFP - Sri Lanka Saturday slashed a tax on sugary drinks in a controversial reversal of an anti-diabetes policy that attracted immediate criticism.

The finance ministry ordered an immediate 40 percent reduction in the levy as part of a package of tax cuts launched by the disputed government to win over public opinion as a bitter power struggle intensifies.

But health campaigners and a former minister condemned the move as damaging the fight against obesity and diabetes among young people.

Sri Lanka has been gripped by a constitutional showdown between President Maithripala Sirisena and his sacked prime minister Ranil Wickremesinghe, who refuses to step down.

Sirisena's nominee for prime minister, Mahinda Rajapakse has been making populists moves to win support for his government which has been recognised only by China and Burundi.

The lower sugar tax came on top of reductions in fuel prices and income taxes this week.

Wickremesinghe's administration, which was toppled on October 26, had introduced the sweet tax -- 50 cents on every gram of sugar in fizzy and fruit drinks -- but the rate was slashed to 30 cents from Saturday.

The health ministry has said that 10 percent of the country's 21 million population is affected by diabetes and another 20 percent were at risk of developing the condition.

Health lobbyist Dhanya Wijesuriya took to Twitter to slam the authorities for making sugary drinks cheaper.

"This is insane," Wijesuriya said of the decision. "How self serving. No vision," he added.

Former health minister Rajitha Senaratne described the tax cut as "irresponsible". 

There was no immediate comment from Sirisena who last year warned international beverage makers that he would increase taxes unless they reduced sugar in their products

https://economynext.com/Protests_as_...-12777-10.html

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
What is the main source of sugars in typical sri lanka diet? 

You can win umma if correct answer given;

1. Soft Drinks

2. Rice

3. Bread

4. Hoppers (Appa)

5. Biscuit/ Chocolate

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Ryan Hudson wrote:What is the main source of sugars in typical sri lanka diet? 

You can win umma if correct answer given;

1. Soft Drinks

2. Rice

3. Bread

4. Hoppers (Appa)

5. Biscuit/ Chocolate

First thing is rice.. because rice breaks upto sugar in stomach, Once cup of rice breaks up about 45gms of sugar. people in srilanka average eat about 3 cups as my guess in a meal.

So reducing rice consumption is the best thing.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum