Sri Lanka, Sept. 29 -- Most investors report that doing business in Sri Lanka remains challenging, according to the 'U.S. Department of State 2025 Investment Climate Statements: Sri Lanka' report released this month.

It also states that the ruling NPP senior government officials regularly criticize the private sector and the economic growth rate and these have negative impact on investments. Sri Lankan government's institutional capacity to foster an open investment environment remains limited. These government officials also promote government sector-originated businesses.

"In addition, frequently citing concerns over project reversals, regulatory shifts, slow decision-making, and inadequate support for established businesses, too are ...