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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Amana Takaful ATL & ATLL
by apphunter Today at 6:09 pm

» SEMB SEMB
by RJ1010 Today at 5:22 pm

» Blossom March
by vijay singh Today at 5:16 pm

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by Jana Today at 5:10 pm

» SANASA DEVELOPMENT BANK PLC (SDB.N0000)
by Jana Today at 5:09 pm

» DIPD/HAYC/HAYL
by Jana Today at 5:00 pm

» TILE / LWL / RCL
by subash81 Today at 4:56 pm

» RICH or TKYO
by subash81 Today at 4:56 pm

» LALU.N0000
by Jana Today at 4:48 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Today at 4:45 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by stockchaser Today at 4:33 pm

» UNHCR Fear is over 21 countries speak for us only 15 against
by Equityinvestor Today at 4:06 pm

» CSE Crossings for the week
by Pradeep90 Today at 12:16 pm

» Leading brokers causing market downturn
by dhanushkacse Yesterday at 10:18 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by Nishan Cooray Yesterday at 9:42 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by chathura123 Yesterday at 3:53 pm

» Daily Foreign Transactions
by Mithooshan Yesterday at 7:31 am

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Yesterday at 12:58 am

» DFCC will be receiving Rs.594,538,285.50
by Wonderer Fri Feb 26, 2021 7:49 pm

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Vishwanarth Fri Feb 26, 2021 6:27 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka's 2012 foreign investment target to dip to $1.7 bn: report

Sri Lanka's 2012 foreign investment target to dip to $1.7 bn: report

Go down  Message [Page 1 of 1]

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
June 08, 2012 (LBO) – Sri Lanka’s main investment promotion board is targeting 1.7 billion dollars of investments this year, lower than 2.0 billion dollars projected by the central bank, a report showed.

The Indian Ocean Island attracted a record 1.0 billion dollars in investments last year, mainly from new hotel constructions, Board of Investment’s acting chairman, MM C Ferdinando told a UK-based newspaper.

"Much of this (2011) FDI (foreign direct investments) originated from countries in the Far East, which have been less affected by the current economic conditions than the West,” he said.

Some 322million dollars of the 1.0 billion dollars secured in 2011, was invested in manufacturing, which represented a 101percent increase over a year earlier.

The bulk of the investment was in services and infrastructure, which increased 107percent on the previous year to 706million dollars, BOI figures showed.

"I am therefore confident that in 2012 Sri Lanka will be able to achieve about 1.7billion dollars in FDI (foreign direct investments)," he said without elaborating on the FDI discrepancies.

In its 2011 annual report, the Central Bank of Sri Lanka, which tips a 2.0 billion dollar FDI this year, said most of last year’s FDI in manufacturing was generated to revive Ceylon Steel Corporation. The former state-run steel giant was sold off to a foreign investor few years ago, under a privatisation drive.

The BOI this week said first quarter FDI in projects approved for this year was around 400 million dollars.

Ferdinando said foreign investments are being channelled to build new hotels and upgrade existing hotel infrastructure.

"This is to a great extent the result of a growing demand for travel, with about 800,000 tourist arrivals to the island (in 2011), the highest figure ever. The government is targeting 2.6 million tourist arrivals by 2016 and the construction of up to 35,000 additional hotel rooms to cater for this proposed growth," Ferdinando said.

Tourist arrivals have swelled into Sri Lanka, since the government ended the decades long ethnic conflict with the Tamil Tiger separatiss in May 2009.
http://lbo.lk/fullstory.php?nid=1929178951

greedy

greedy
Manager - Equity Analytics
Manager - Equity Analytics
We expected a flood of Foreign Direct Investment.... but that hope ended with our expropriation bill.

sriranga

sriranga
Co-Admin
@greedy wrote:We expected a flood of Foreign Direct Investment.... but that hope ended with our expropriation bill.
Not only expropriation bill but also some other factors affected the FDI.

http://sharemarket-srilanka.blogspot.co.uk/

Sponsored content


Back to top  Message [Page 1 of 1]

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