FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer

Latest topics

» I keep seeing in the face book about the stock market but I still have no idea it is. Do you know? Stock market for beginners
by Asoka Samarakone Today at 9:40 pm

» AMF will reach its high again?
by High-flyer Today at 9:30 pm

» Owner of Dividend Mr.E or Mr.D after DVP
by niru Today at 9:29 pm

» DVP යනු කුමක්ද? Explained
by kanishkaecomm Today at 8:39 pm

» EAST WEST PROPERTIES PLC (EAST.N0000)
by SAGA Today at 7:10 pm

» Browns price down
by Dilip Today at 6:41 pm

» LLUB=BULL Chevron Lanka Lubricant Target Price Rs 150..
by samansilva Today at 5:10 pm

» Concened Investor writes to CSE regarding new DVP
by God Father Today at 2:00 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Mr. X Today at 1:15 pm

» Colombo Stock Market poised for growth - Webinar
by dayandacool Today at 12:43 pm

» DVP - හදුන්වාදීම කොටස් වෙළදපලේ අධිකාරීන් ඔබට පැහැදිලි කරන්න සූදානම් - කතාකරන්න අන්ක.මෙන්න
by Mr. X Today at 9:35 am

» No static policies hurting SL
by dayandacool Today at 2:41 am

» Investing in Sri Lanka in ‘The New Normal’ - Nimal Perera
by CHRONICLE™ Today at 12:43 am

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:01 pm

» HATTON NATIONAL BANK PLC
by judecroos Yesterday at 8:55 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by dulans Yesterday at 8:35 pm

» Directors' Dealings 18/06/2021
by SAGA Yesterday at 7:28 pm

» Top Foreign Tradings today - 18/06/2021
by SAGA Yesterday at 7:00 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by SAGA Yesterday at 4:40 pm

» NIFL going up
by SAGA Yesterday at 4:19 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka's Board of Investment approves over US$ 730 million worth projects this year

Sri Lanka's Board of Investment approves over US$ 730 million worth projects this year

Go down  Message [Page 1 of 1]

CSE.SAS

CSE.SAS
Global Moderator
Jun 05, Colombo: Sri Lanka's Board of Investment, the state investment promotion agency has granted approval for 54 new projects in the first quarter of 2012, a 100 percent increase over the same period in last year, the Ministry of Economic Development reported.

The income from the approved projects is estimated to be 96.3 billion rupees (about US$ 739 million) of which 49 billion rupees are from foreign investments and the rest is from domestic investments.

Sri Lanka has been encouraging local and foreign investors to take maximum use of the peaceful environment in the country after the end of the civil conflict and concessions given by the government for investments.

Sri Lankan President Mahinda Rajapaksa, who recently met with the Thai businessmen in Bangkok, has told the potential investors that the BOI is committed to support foreign investors in starting business ventures in the country and there is a very conducive environment in Sri Lanka for investments briefing them on the concessions and other facilities given to foreign investors by the government.

According to the Economic Development Ministry, in the first quarter of 2012 the BOI received 72 new applications compared to the 28 received in the corresponding period of the previous year. There were also 5 applications for expansions of existing projects.

The Ministry says the approved projects would create 9,500 new employment opportunities.

The BOI, structured to function as a central facilitation point for investors, has signed 40 project agreements including 33 new enterprises and 7 project expansions in the first quarter of 2012. In the corresponding period of last year the agency signed 32 agreements.

During the review period 23 new projects have been implemented with an estimated income of 75 billion rupees and creating 2,946 employment opportunities, the Ministry said.

According to the Ministry 18 enterprises commenced commercial operation in the first three months of this year generating 7.2 billion rupees compared to 3.1 billion rupees in the first quarter of 2011. These enterprises are expected to create over 5,000 employment opportunities.

The total exports from the enterprises under BOI during the first quarter of 2012 amounted to 193 billion rupees, a 7% increase over the corresponding period in 2011 while the total imports of BOI companies amounted to 131 billion rupees, a 22% increase compared to the previous year.
http://www.colombopage.com/archive_12/Jun05_1338913148CH.php

Wayne Abbott


Senior Equity Analytic
Senior Equity Analytic
BOI one would hope you will protect the Investors funds as this is clearly not the situation with my funds within the Aspic/Cifl Circus

You have done absolutely zero to contain the illegal transactions of a company Aspic Corporation based in Sri lanka and it's previous chairman Deepthi Perera and current Chairman Roscoe Maloney

I am a foreign investor who has had funds stolen from my person by illegal means and your board should be accountable for funds to be returned

My cousin is in Politics in Australia and will have immeasurable amounts of correspondence collated to show your in adequate attempts to assist myself since 2004

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Wayne Abbott wrote:

I am a foreign investor who has had funds stolen from my person by illegal means and your board should be accountable for funds to be returned

My cousin is in Politics in Australia and will have immeasurable amounts of correspondence collated to show your in adequate attempts to assist myself since 2004
But Abbot Ayya when fools sleep with dogs do they not deserve to wake up with fleas?
When "investors" thieves and jokers do they not deserve to lose all their money?
The BOI and regulators can't do anything about foolish investors and greedy speculators.

4Sri Lanka's Board of Investment approves over US$ 730 million worth projects this year  Empty Jiggysaurus Mon Sep 30, 2013 6:27 am

Wayne Abbott


Senior Equity Analytic
Senior Equity Analytic
@Jiggysaurus wrote:
@Wayne Abbott wrote:

I am a foreign investor who has had funds stolen from my person by illegal means and your board should be accountable for funds to be returned

My cousin is in Politics in Australia and will have immeasurable amounts of correspondence collated to show your in adequate attempts to assist myself since 2004
But Abbot Ayya when fools sleep with dogs do they not deserve to wake up with fleas?
When "investors" thieves and jokers do they not deserve to lose all their money?
The BOI and regulators can't do anything about foolish investors and greedy speculators.
Jiggysaurus what is being stated is correct,greedy speculators/foolish investors to people with narrow minded thoughts like yourself!BOI and Sri Lanka without foreign investment? what would happen? so all investors MUST not expect to receive a return OR for that matter receive anything once investment made?would equate to NO INVESTMENTS IN SRI LANKA you are a talker typical loud mouthed speaker The BOI is responsible to protect investors are they NOT?

Wayne Abbott


Senior Equity Analytic
Senior Equity Analytic
Jiggysaurus NO MORE INVESTMENT TO SRI LANKA as no one will believe a word from narrow minded idiots like yourself who sits on a arm chair stating the obvious to a idiot like you Who cares if No investors dont receive their funds it dont effect you does it!
BOI has failed to control and care for investors full stop

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum