BOI launches five-year residence visa to entice foreign investors Investment Promotion Minister Dhammika Perera hands over visa document to Unilever Sri Lanka Chairperson and Managing Director Hajar Alafifi Laadel in the presence of BOI Director General Renuka M. Weerakone (extreme left) Source:dailymirror.lk Investment Promotion Minister Dhammika Perera hands over visa document to Lanka IOC PLC Managing Director Manoj Gupta 10 investors received long-term visa yesterday Application process entirely online Initiative aimed at improving SL’s ease of doing business index In an effort to step up the nation’s game in luring in foreign direct investments (FDI), Sri Lanka’s investment promotion agency, the Board of Investment (BOI), launched yesterday the five-year residence visa programme dedicated to investors. The initiative has been launched by the newly-appointed Investment Promotion Minister Dhammika Perera to make Sri Lanka meet the international benchmark in terms of ease of doing business.The long-term visa programme, a long-felt need, primarily ...

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CBB calls for policy stability and facilitation of trade with an FTA with the UK Roshanie Jayasundera-Moraes, Executive Vice President of John Keells Holdings, was re-elected as President of the CBB of the Ceylon Chamber of Commerce at a virtually held AGM on 20 July 2021. Addressing the membership, she called for policy stability in order to facilitate business, build confidence among investors and attract FDI. She also called for a negotiation of an FTA between the UK and SL post Brexit.   “Sri Lanka provides significant opportunities for British companies looking to access larger South Asian markets that have some of the fastest growing economies as well as sizeable populations. In order to facilitate this, we are fully aware that SL needs to improve its ranking on the Ease of Doing Business Index and it’s encouraging to know that our policy makers have made this a priority. We look forward ...

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Unilever Sri Lanka expands uStore.lk footprint on Viber Source:Island Unilever Sri Lanka, one of the island’s largest fast-moving consumer goods companies today announced that it had expanded coverage of its uStore.lk e-commerce service to instant messaging platform Viber. The service, which had been offered exclusively on Unilever Sri Lanka’s official e-commerce platform www.ustore.lk until now, has been extended to Viber, enabling more consumers the convenience of directly purchasing Unilever branded products from the safety, comfort, and convenience of their homes. The www.ustore.lk service which was first launched in 2019, has gained significant acceptance by consumers since then as a preferred shopping destination of choice. This manifold increase of consumer traffic is largely attributed to the reason behind the extension of the service to Viber, for consumers to enjoy Unilever products from the comfort of their homes. Here, the uStore.lk bot takes the form of a user-friendly chatbot, inviting customers to ...

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Unilever Sri Lanka expands uStore.lk footprint on Viber Source:Island Unilever Sri Lanka, one of the island’s largest fast-moving consumer goods companies announced that it had expanded coverage of its uStore.lk e-commerce service to instant messaging platform Viber. The service, which had been offered exclusively on Unilever Sri Lanka’s official e-commerce platform www.ustore.lk until now, has been extended to Viber, enabling more consumers the convenience of directly purchasing Unilever branded products from the safety, comfort, and convenience of their homes. The www.ustore.lk service which was first launched in 2019, has gained significant acceptance by consumers since then as a preferred shopping destination of choice. This manifold increase of consumer traffic is largely attributed to the reason behind the extension of the service to Viber, for consumers to enjoy Unilever products from the comfort of their homes. Here, the uStore.lk bot takes the form of a user-friendly chatbot, inviting customers to explore ...

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