Sri Lanka, Sept. 18 -- The government should allow the Board of Investment (BOI) approved manufacturing companies to feed more of their exports products to the local market, the newly elected President of Free Trade Zone Manufacturing Association, (FTZMA) Jatinder Biala said at their AGM on Wednesday.

Currently BOI companies are allowed to release 20% of their products to the local market and he said that this should be increased to 50%.

"Taxes should be charged on this and the initiative would result in lot of quality goods entering the Sri Lankan market and it will also help to save Forex to Sri Lanka and help government to save a lot of foreign exchange."

He also said that the time is now opportune to change some of the aging labour...