Boost for local brands to invest overseas with relaxed exchange controls - Deputy Minister - DailyNews
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Source: Daily News
Published: 2026-03-05 06:52 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Politics, Property, Financial Markets
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Snippet:
The Government has increased the limit for businesses to invest overseas from US$ 200,000 to 500,000 and personal account limits have been raised to US$ 25,000, Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe told Parliament.
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