Sri Lanka’s Industrial Export, Investment Promotion, Tourism and Aviation Minister Prasanna Ranatunga has reportedly said the country has attracted US$ 370 million in foreign direct investments (FDIs) during the first two months of 2020.
Sri Lanka’s total in January 2020 has reportedly recorded a marginal increase of 0.96% in comparison to the same period of the previous year, the latest provisional data of Sri Lanka Customs have shown.
Sri Lanka’s Ministry of Finance has reportedly announced that the government of Sri Lanka has increased a tax on imported fish to Rs. 150 rupees a kilogram from Rs. 100 rupees or 10 percent of the value.
Sri Lanka’s Senkadagala Finance Plc has reportedly acquired Candor Asset Management, which is a Sri Lankan unit trust and private portfolio management firm.
Sri Lanka’s Hambantota Port, which is operated by China’s CM Ports Group, is reportedly looking at setting up warehouses and distribution centers to strengthen its position as a regional logistics hub.