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Business in Sri Lanka

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Overall the economy in Sri Lanka is not been doing so well since the new Rajapakse Government has taken over the country in autumn 2005.

The Sri Lankan Rupee is much less worth and all prices have gone up a lot with an inflation rate of around 20%.

 

In addition tourism has also gone down a lot so the country is writing vast financial losses every month which are mainly caused by the war against the LTTE Tamil Tigers.

 

Most business is located in Colombo whilst in towns like Galle and Kandy it might even be difficult to buy even some computer parts which can also be very expensive.

 

Business fees are also very high and it is not so easy to conduct any business in the Sri Lankan society.

 

Patience and some wide understanding for the Sri Lankan mentality can certainly be very helpful.

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