Sri Lanka’s tourism authorities are reportedly looking at wooing more German tourists by launching the ‘So Sri Lanka’ campaign at the world’s largest tourism trade fair, Internationale Tourismus-Börse (ITB) in Berlin.
The government of Sri Lanka has reportedly proposed increased capital allowances for investments under the Inland Revenue Act and has removed para-tariffs for high value projects with the aim of boosting foreign direct investments (FDIs) to the country.
The state investment promotion agency of Sri Lanka, Board of Investment (BOI), has reportedly approved investments for a steel manufacturing plant and an oil refinery.
The Asian Development Bank (ADB) has reportedly stated that following the successful disbursement of US$ 100 million financial intermediation loan to uplift micro, small and medium enterprises (MSMEs) in Sri Lanka
The government of Sri Lanka is to further simplify procedures involved in the registration of companies through reforms that will