I visited Sri Lanka from 14 to 27 October, 2012, and plan to go back in July 2013.
Way to invest in Sri Lanka locally:
Other notes and links:
I think the investment climate is positive in Sri Lanka and will be writing a series of articles about it. This blog continues below in the comments.
Here is a list of some links that may be useful, and will be updated as I learn more.
Sri Lanka Unit Investment Trusts (a way to invest in various funds investing in the Colombo Stock Exchange; fees are comparable to U.S. mutual funds and ETFs; 9 fund families listed)
All You Need To Know On Investing In The Colombo Stock Excahange (April 2011; a very long blog)
What Constrains Foreign Direct Investment? (in Sri Lanka; June 24, 2012, Sunday Times)
Investing In Sri Lanka brief, legal considerations, by Tiruchelvam Associates, an international law firm
Deloitte international tax Sri Lanka Highlights 2012
HSBC overview of Investing In Sri Lanka
Sri Lanka Real Estate Market Brief (May 2012; KPMG)
Critical views of Sri Lanka at Groundviews
Leopard Capital October 2012 newsletter focusing on Sri Lanka (not available on website yet)
Last updated 11 January 2013