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Message: <blockquote data-quote="ibnanv" data-source="post: 17773712" data-attributes="member: 218596">There are many reason behind it. 1. Black Money2. Import of Vehicles3. Import of Heavy 4. Visa, Master and American Express cards transaction  for local Sales. Where there is no local swich for online transaction. Lanka pay is more expensive than visa for transactions. It is not linked to any foriegn switch too. Like union like chinese or japanese or russian or gcc , etc. 5. Sri Lankan goods are not export quality for local market where as foreign goods are export quality for local market. Look at Garments , Tiles,Led bulbs  Etc.Even some chinese products have better quality than local. Only in Construction industy Sri Lankan products are better quality than foreign one. 6. Import of White Goods. There is no manufacturing with foreign brands in this country. Look at Samsung, LG, Sony, etc. We should have at least colabaration with Japanese, Indian, Chinese and German Manufacturers. 7. The cost of production is very high due to so many taxes. There should no tax for import of Raw meterials for exporters. Where as they should have higher corporate taxes. 8 Too much stamp duty due to percentage of land price for property transction that is why people do not give exact value. We should not make criminals out of ordinary people . The government should only charge fee for property transaction not percentage cut. If there is more transactions then there will be more business. 9. Fraud in all types of products in this country esp by management fee leavied on Tea companies by their coporate owners. Tea companies have their own management team. Then why charge this fee in order to reduce pay to its employees. Some companies even charge an expense from tax heaven , the expense into second company tranfered to investment in third company and investment comes from third company from tax heaven.10. Exporters hording foreign currency abroad and it includes some banks too. 11. Import of Crude Oil, Gas and Coal.12. Incompetant Central Bank which prints currency very often. </blockquote>

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