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

» Anyone attended AGM?
by Vishwanarth Today at 11:17 pm

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Today at 11:12 pm

» A Strong bounce back of ASI is on the cards
by samaritan Today at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Today at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Today at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Today at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Today at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Today at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Today at 9:56 am

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 3:41 pm

» Many positives for Next week
by Vishwanarth Yesterday at 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Yesterday at 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Yesterday at 7:40 am

» EXPO EXPO EXPO
by Gowri123 Yesterday at 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

» Daily Foreign Transactions
by Pradeep90 Fri Mar 05, 2021 6:56 pm

» කොටස් මිල දී ගන්න මෙය හොඳම කාලයයි – රාජ්‍ය අමාත්‍ය කබ්රාල්
by samaritan Fri Mar 05, 2021 5:07 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™ » To secure recovery, world must work together, Says IMF Chief

To secure recovery, world must work together, Says IMF Chief

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
* Global cooperation needed to overcome crisis
* Priority areas: weak national fiscal positions, weak banks, weak growth
* Lagarde pays tribute to Japan’s leadership during crisis


The global community must work together to meet the challenges thrown up by the global financial crisis and to ensure future stability and growth, says the head of the IMF, Christine Lagarde.

During a keynote speech in Tokyo—the first stop in a three-country trip to Asia—the IMF Managing Director said in today’s interconnected world, countries could not afford to look only at events within national borders.

"This crisis does not recognize borders. This crisis is knocking at all our doors," said Lagarde. "For make no mistake. This is a global crisis," she added.

The crisis beyond European borders

Lagarde said over the past few months, the outlook for the global economy had become increasingly worrying. There are signs that activity is slowing across both advanced and emerging market economies.

The IMF is due to release its growth forecast for the global economy on July 16. It is expected to be lower than anticipated in the institution’s April World Economic Outlook.

Lagarde acknowledged that major steps had been taken to stabilize the European debt crisis, but warned that without continued, decisive measures, the damaging effect on stability and growth would be felt not just in Europe, but worldwide.

To address the common threats facing the global economy, "solutions need to be grounded in cooperation," said Lagarde.

IMF research suggests that a coordinated strengthening of policies across the Group of 20 leading economies (G-20) could raise global GDP by 7 percent and boost jobs by 36 million over the medium term.

Lagarde identified major areas which needed addressing to "break the main chains of this crisis: weak sovereigns, weak banks, and weak growth." By weak sovereigns, Lagarde was referring to the weak fiscal positions and high national debt of some advanced economies.

She said countries must deal decisively with the issue of public debt, as well as restoring the health of the financial sector. But in addition, there needed to be structural reforms, whether in labor, service, or product market reforms.

Japan as a global citizen

The IMF head paid tribute to Japan’s own spirit of solidarity and multilateralism exhibited during 60 years of Japanese membership of the Fund, and the recent crisis.

"When the global economy faced its darkest hours, you stood by your fellow global citizens," she said, recalling that in 2008 and then again earlier this year, Japan was the first country to offer loans to boost IMF resources, and help stave off an even more direct, global economic collapse.

Japan has also contributed more than any other country to the IMF’s concessional lending program and its technical assistance and capacity building, as well as supporting more than 660 students through the IMF’s scholarship program.

Lagarde said she looked forward to the forthcoming IMF-World Bank Annual Meetings, due to take place in Tokyo in October.

"All eyes of the world will be on Japan as we seek to find global solutions to global challenges," said Lagarde.

Trip to Asia

Lagarde’s speech came on the second of her four-day trip to Japan. Earlier she met with top Japanese officials including the Finance Minister Jun Azumi, Bank of Japan Governor Masaaki Shirakawa, and Prime Minister Yoshihiko Noda.

Later in the day, she will hold a private dinner with Japanese women leaders when Lagarde is expected to pay tribute to them for their contribution to the economic success of the country. On Saturday, the IMF chief will hold a town hall meeting with university students at Keio University.

After Japan, Lagarde will travel to Indonesia to meet with top officials from that country. Following a three-day stopover in the capital, Jakarta, the Managing Director will travel to Thailand where she is scheduled to participate in a seminar, "Towards a More Stable Global Economic System", being hosted by the IMF, the Asian Development Bank, and the Government of Thailand.

(IMF Survey)
http://island.lk/index.php?page_cat=article-details&page=article-details&code_title=56290

Back to top  Message [Page 1 of 1]

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