MÖVENPICK HOTEL 24 Dharmapala Mawatha Colombo 3 T: +94 117 450 450 F: +94 117 723 723 www.movenpick.com/en/asia/sri-lanka/colombo/ movenpick-hotel-colombo/overview/ hotel.colombo@movenpick.com Rooms: 219 rooms and suites, including one presidential suite, two executive suites and 16 junior suites. Business & Conference Facilities: In...
VISA: A traveller intending to visit Sri Lanka for a short stay must obtain an electronic travel authorisation, which can be completed online in advance or applied for upon entry at Bandaranaike International Airport (BIA). This grants 30 days in country, and is extendable. Fees at BIA are to be...
How important is foreign direct investment (FDI) for GDP growth and reducing state expenditure?
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
Sri Lanka benefits from its strategic geographic position along a critical Indian Ocean trade route, strong base of industrial and cash crop exports, and rapidly expanding non-agricultural economy. High levels of public expenditure and rapid industrial expansion supported recent robust macroeconomic growth, averaging more than 6% between 2008...
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