Economy

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For investment, I believe there are developments in the overall landscape that make it timely for a big push on our part to attract foreign direct investment (FDI). Firstly, our government has embarked upon a development strategy that places a high priority on the creation of a FDI-friendly business environment. Secondly, we are currently in...

 

Sri Lanka is well situated for trade and an attractive target for international investment. Lying on major shipping and air routes, it is close to the markets of Asia, Africa and the Middle East. Moreover, the country has a literate workforce, good infrastructure, healthy population and relatively low wages.

Chapter | Investment & Trade from The Report: Sri Lanka 2016

Sri Lanka is well situated for trade and an attractive target for international investment. Lying on major shipping and air routes, it is close to the markets of Asia, Africa and the Middle East. Moreover, the country has a literate workforce, good infrastructure, a healthy population and relatively low wages. Since the 2009 cessation of a long-running civil war, Sri Lanka has become one of...

Thanks to close historical ties and geographic proximity, Sri Lanka stands to benefit from efforts to strengthen economic cooperation with India. 

 

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...

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