Fri, 29 Mar 2024 Today's Paper

“Invest Sri Lanka” investor forum in Hong Kong

By

9 September 2013 03:41 am - 0     - {{hitsCtrl.values.hits}}

A A A

Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) will host the “Invest Sri Lanka” investor forum at the Shangri-La Hotel in Hong Kong today.

Over 100 participants are expected to attend this forum. The “Invest Sri Lanka” Investor Forum will feature presentations by Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, Dr. Nalaka Godahewa, Chairman of the Securities and Exchange Commission of Sri Lanka and Krishan Balendra, Chairman of the Colombo Stock Exchange.

 This will be followed by a Q&A session for investors. There will also be small group discussions with the senior executives of select listed companies for investors who are considering investment opportunities in Sri Lanka.

Eleven Listed Companies namely John Keells Holdings PLC, Commercial Bank of Ceylon PLC, DFCC Bank, Distilleries Company of Sri Lanka PLC, Nations Trust Bank PLC, Dialog Axiata PLC, Hayley’s PLC, Ceylinco Insurance PLC, Access Engineering PLC, People’s Leasing & Finance PLC, Tokyo Cement Company (Lanka) PLC will be conducting one on one meetings with the foreign investors at the forum.

The foreign investor contribution to the total market turnover of the CSE has increased to 38 percent during the year to-date, in comparison to 25 percent in the year 2012. The market has also recorded a net foreign inflow of Rs. 18 bn year to-date.

Ajith Nivard Cabraal, governor of the Central Bank of Sri Lanka, said, “In Sri Lanka, the stage is now set for the economy to move to a USD 100 billion economy and to raise per capita income to USD 4,000 by 2016. We invite foreign investors to join us and be active partners in this exciting journey.”

Dr. Nalaka Godahewa, Chairman of the Securities and Exchange Commission of Sri Lanka, commented, “As the regulator, our primary function is to protect the interest of investors and facilitate market development. It is very important for us to understand the fine line between two objectives and strike the correct balance. Since the end of the war the market has started delivering encouraging results and the CSE has been experiencing a record level of foreign inflow in recent times. Currently foreign investors account for approximately 38% of the total market turnover”.

Krishan Balendra, Chairman of the Colombo Stock Exchange said he is confident that the market will recover given their attractive valuations and the growth potential of the country and the corporate sector.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H