With the country facing the most challenging times marred with steep unprecedented inflation, severe foreign exchange crisis, highly volatile international oil prices, threat of new COVID variants and fears of global recession, the operational environment has been full of uncountable bottlenecks.
Aimed at enhancing the Ease of Doing Business and accelerating digital transformation, the Board of Investment (BOI) has completed the integration of the visa recommendation system in coordination with the Department of Immigration and Emigration and the Ministry of Defence.
The Colombo Port City is set to start businesses of strategic importance with offshore companies, authorized persons, duty-free retail operations following the cabinet approval for its Duty-Free Regulations soon.