According to JETRO, a Japanese trade promotion organisation, Sri Lankan labour costs are a bargain when compared to other potential business destinations in the region. Despite good economic growth since 2009, Sri Lankan wages have remained stable. The problem is that much of the labour pool is being pulled into hospitality industries, making it difficult to attract workers to manufacturing. Sri Lanka could see a lot of Foreign Direct Investment (FDI) from Japan in the coming years thanks to its competitive wages. You can read more about the story here.

Sourcingfocus.com investigated Sri Lanka to assess its potential as an outsourcing hub, click here to find out more.