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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Maharaja Foods PLC (MFL) ready for the Fall!
by ChooBoy Today at 12:27 am

» කොළඹ කොටස් වෙළඳපොල විශ්ලේෂණය - 2024
by ChooBoy Fri Jul 19, 2024 11:53 am

» Winds of Change: Sri Lanka's Banking Crisis is Stalling Renewable Energy Ambitions of Local Stalwarts of Wind & Solar Power
by God Father Wed Jul 17, 2024 10:11 pm

» Banking Sector Analysis
by God Father Sat Jul 13, 2024 7:57 am

» Impact of Elections on Colombo Stock Market Sentiment
by Quibit Tue Jul 09, 2024 9:01 am

» LankaBIZ Unveils AI-Driven On-Demand Financial Research and Analysis Service
by Quibit Thu Jul 04, 2024 12:49 pm

» CDB Non voting
by Nandun Sun Jun 30, 2024 9:45 pm

» The Parsi Power Play: How a Small Community of Iranian Parsis are Controling Sri Lanka's US $ 85 billion Economy & 22 Million Population & Politics driving away FDIs
by MalakaDesmond Sun Jun 30, 2024 10:19 am

» Richard Pieris Group: Mismanaged?
by Walbaba Sat Jun 29, 2024 7:04 pm

» සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් පීඑල්සී: අඳුරු අපේක්ෂාවන් සහිත ඉහළ අවදානම් ආයෝජනයක්
by D.G.Dayaratne Tue Jun 25, 2024 5:45 am

» සොෆ්ට්ලොජික් ප්‍රාග්ධනයට වන්දි ගෙවන Share BuyBack නිසා Softlogic ජීවිත රක්‍ෂණය බංකොලොත් වීමේ අවදානමක
by MalakaDesmond Tue Jun 25, 2024 1:49 am

» Softlogic Life insurance face Danger of Bankruptcy due to Share BuyBack that compensate Softlogic Capital
by MalakaDesmond Tue Jun 25, 2024 1:33 am

» Softlogic Holdings PLC: A High-Risk Investment with Bleak Prospects
by MalakaDesmond Tue Jun 25, 2024 12:52 am

» FINANCE AND LEASING SECTOR
by SL-INVESTOR Sat Jun 22, 2024 12:48 am

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by ErangaDS Wed Jun 19, 2024 9:21 pm

» How will proposed Tax Reforms affect Sri Lankans in 2025
by Quibit Wed Jun 19, 2024 9:27 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by ChooBoy Tue Jun 18, 2024 11:31 pm

» Impact of IMF reforms to Sri Lanka Economy
by D.G.Dayaratne Mon Jun 17, 2024 6:36 pm

» Richard Pieris Finance Ltd continue to endanger the Depositors with negative performance
by ddindika Mon Jun 17, 2024 3:17 pm

» Richard Pieris Exports reports 97% decline in Net Profits
by Biggy Sat Jun 15, 2024 11:26 am

» Do your own Stock Market Research using AI Tools
by Quibit Fri Jun 14, 2024 10:50 am

» What will happen tomorrow?
by cheetah Thu Jun 13, 2024 12:07 pm

» Focus on Government controlled entities
by ErangaDS Mon Jun 10, 2024 4:15 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Investment Forum 2021 aims gamechanger for Sri Lanka

Go down  Message [Page 1 of 1]

samaritan

avatar
Moderator
Moderator

Investment Forum 2021 aims gamechanger for Sri Lanka Image_fea661901b

Ceylon Chamber of Commerce Chairman Dr. Hans Wijayasuriya (left) and Colombo Stock Exchange Chairman Dumith Fernando

Online platform of eminent speakers to run parallel tracks to serve investors from around different time zones

The Sri Lanka Investment Forum 2021, a three-day virtual event to engage and attract foreign investment into Sri Lanka will commence on 7 June. The forum, jointly hosted by the Board of Investment, together with the Ceylon Chamber of Commerce and the Colombo Stock Exchange targets to attract over 1,000 direct investors, portfolio investors, sovereign wealth, private equity funds and many more on to the platform. 

The forum aspires to present multiple investment opportunities across Sri Lanka showcasing its advantages in the region, and provide regulatory information together with networking opportunities with government agencies and industry leaders. The Sri Lanka Investment Forum 2021 targets investors from around the globe, and sessions will be hosted in two time zones to make it accessible for investors from all over the planet.

Addressing a media briefing on the event, Board of Investment Chairman Sanjaya Mohottala said Sri Lanka is at an inflexion point and is looking to double its GDP. He added the forum and its platform will be a great opportunity for investors and policy-makers to take advantage of this renewed effort to position Sri Lanka as a growth hub in the region. 

Joining the discussion, Colombo Stock Exchange Chairman Dumith Fernando noted one of the primary objectives of the forum is to dissipate some of the misinformation on Sri Lanka around the world. “There is lots of misinformation, dramatisation and speculation. In some ways, everything has changed due to the current environment and that’s not unique to Sri Lanka. In many other ways nothing has changed. We want to cut through the noise and get people to focus on the facts and figures and focus on FDI.”

“We don’t want to tell stories, instead we will place facts before everyone and invite people to take advantage of Sri Lanka. The worst thing people can do is stay quiet at a time like this. There is no better time or worse time and we cannot create a vacuum in information or knowledge.”

The CSE Chairman also pointed out that stock market alongside the banking sector and conglomerates have returned good results last year despite the uncertainty posed by the pandemic. Fernando also stressed the Sri Lanka Investment Forum would not simply be dismantled after its three-day run, but instead work to produce an ongoing dialogue and gateway for investment. 

The Sri Lanka Investment Forum will feature sector-specific sessions featuring public and private sector experts across industries. Speakers will include existing foreign investors in Sri Lanka, who will detail their operating experience in the country and the advantages presented by the destination. In addition to Keynote Speeches from the President and Prime Minister of Sri Lanka, Sri Lanka Investment Forum will feature presentations from World Bank Country Director Faris Hadad-Zervos, IFC Regional Vice President Asia and Pacific Alfonso Garcia Mora, Brandix Chairman Ashroff Omar, John Keells Chairman Krishan Balendra, Nishan De Mel of Verite Research, Justice Minister Ali Sabry, and many more. 

Ceylon Chamber of Commerce Chairman Dr. Hans Wijayasuriya said the forum presents a double-sided opportunity whereby Sri Lanka could showcase its multiple investment opportunities to the world, whilst global industries could promote themselves to the Sri Lankan business community. Thereby there is opportunity for growth for all concerned. Dr. Wijayasuriya stressed the importance of ensuring this becoming an ongoing discussion on Sri Lanka as an investment destination, and build and ongoing investment funnel – or prospect list – that is at least five times the annual targets so it could be harvested over the years to follow. 

“This is the beginning of a journey. A digital platform offers the opportunity to connect some things that you may miss on a physical platform. Every institution will have the information and technology to follow through. Investors on the platform can see the key focus sectors and subsectors and log onto parallel to visit preferred areas. The website and tracks will cater to Asian, European and US markets as the focus is global. Many State institutions have already put up their projects online, and several sectors already listed,” Dr. Wijayasuriya said.

The website has already listed projects from apparels, agriculture, education, export manufacturing, infrastructure, tourism and leisure, wealth management and portfolio investment, banking and many more. With the Colombo Port City bill being ratified, it is likely there will be great interest in this sector. BOI Chairman Sanjaya Mohottala averred the Port City and Sri Lanka development story go hand-in-hand as there is now a symbiotic relationship between both. He added that Sri Lanka received $ 2.3 billion in investment last year despite the pandemic, and this figure could be enhanced significantly with this current initiative and the Port City.

https://www.ft.lk/business/Investment-Forum-2021-aims-gamechanger-for-Sri-Lanka/34-718577?fbclid=IwAR0SFsjSEmwSkJT68TPok0JlYC_jCkB-O0xHYHz2mCZT7kGJ8mYCVnBI6T8

Share this post on: reddit

No Comment.

Back to top  Message [Page 1 of 1]

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