New Incentive package needed to attract investments– Ministerial Consultative Committee on Investment Promotion
The Ministerial Consultative Committee on investment Promotion advised the Board of Investment of Sri Lanka (BOI) to clearly communicate to the Central Bank of Sri Lanka (CBSL) and the Treasury…
Investment decline in productive assets spells trouble for poorer nations
Although developing countries attracted a record share of global foreign direct investment in 2020, finance for infrastructure and productive sectors fell significantly, weakening their COVID-19 recovery prospects. Foreign direct investment…
Sri Lanka targets $2.5 B FDI in 2021
Sri Lanka targets $2.5 billion worth of Foreign Direct Investments (FDI) in 2021 backed by committed investments from Chinese firms. “We are targeting at least $2.5 billion in FDI inflows,…
Sanjaya Mohottala assumes duties as the Head of BOI
Sanjaya Mohottala assumed duties today as the 21st Chairman of the Board of Investment (BOI), the apex Investment Promotion Agency of Sri Lanka after Susantha Ratnayake stepped down from the position…
American investment creates jobs and not debt – Ambassador Teplitz
The United States (U.S.) expressed its strong commitment to promote and expand private sector investments aimed at employment creation in Indo-Pacific Region including in Sri Lanka as an alternative to…