BUSINESS NEWS

Major drive to woo foreign investors

November 22, 2018 10:49 am

Sri Lanka will launch a major campaign to woo foreign investments to Sri Lanka and also ensure that these investments would also move to villages as well, new Minister of International Trade and Investment Promotion, Bandula Gunawardena said.

“The recently imposed taxes that discouraged people from sending remittances back to Sri Lanka would be taken off. Attractive tax holidays and other benefits would be offered for both local and foreign investors to woo FDI.”



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