The British brought tea to Sri Lanka in the mid-1800s and, quickly overtaking coffee, it has grown into one of the island nation’s most notable exports. Sri Lanka’s single-origin tea, Ceylon Tea, is highly sought after in international markets and well known companies like Dilmah sell it at a premium all over the world. However, while tea as a...
ETIQUETTE: Business settings remain formal with small cultural nuances, but leeway is given to foreigners in this respect. While men normally shake hands with other men, and women with women, some women may not wish to shake hands with men outside of family circles. It is best to wait and see if a...
RAMADA COLOMBO 30, Sir Mohamed Macan Markar Mawatha P.O. Box 1202, Colombo 3 T: +94 112 422 001 F: +94 112 447 977 www.ramadacolombo.com info@ramadacolombo.com Rooms: 94 luxury rooms in total. Business & Conference Facilities: Internet, fax, scanning, printing, secretarial services, ballroom with capacity for 700, two meeting rooms with 50...
Immigration-related challenges often create a deterring effect for foreign investors and for the activities of foreign-owned businesses in Sri Lanka, which certainly are necessary to integrating the country into global value chains. Obtaining a visa in Sri Lanka is a difficult process involving administrative procedures that vary depending on...
Since 1994 Sri Lanka has allowed non-resident investment in most sectors of the economy, and its foreign direct investment (FDI) regime was seen for many years as one of the most open in Asia. In the recent past, however, the government has consistently not met its FDI targets, and 2015 saw a marked downturn. The reasons for this declining...
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