Business Times

Ceylon Tea Brokers IPO oversubscribed by 10 times

A 15-strong economic delegation from Yunnan Province, China, visited Sri Lanka and the Board of Investment (BOI) office in Colombo to study the economic and investment climate in the country. A.M.C.Kulasekera, Deputy Director General (Investment and Promotion) of the BOI briefed Yang Jie, Vice Director General, Economic Research Department of Yunnan Province and his delegation consisting of senior Chinese economists and researchers on Sri Lana’s potential for investment and trade.

The Yunnan economic delegation agreed to promote Sri Lanka as a destination for investment. In recent years China has emerged as one of the leading sources of investment to Sri Lanka among East Asian nations.

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