Hong Kong, 2013

Hong Kong, [9] September 2013 - The Colombo Stock Exchange and The Securities and Exchange Commission of Sri Lanka successfully held their "Invest Sri Lanka" Investor Forum at the Shangri-La Hotel in Hong Kong, showcasing the economic growth prospects and investment opportunities in Sri Lanka's capital market. The forum attracted over a hundred participants, including institutional and high net worth investors, and fund managers. Eleven leading listed companies from Sri Lanka 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, and Tokyo Cement Company (Lanka) PLC participated at the forum.

During the Forum, Mr. 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 Mr. Krishan Balendra, Chairman of the Colombo Stock Exchange addressed the participants and delivered insightful presentations on the latest economic and investment opportunities in Sri Lanka.

Mr. Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, said, "Sri Lanka is the fastest growing economy in South Asia. With promising growth in major sectors including ports, tourism, real estate, financial services and outsourcing industries, we believe Sri Lanka will provide an excellent investment opportunity for foreign investors, against the backdrop of a challenging global economy."

Dr. Nalaka Godahewa, Chairman of the Securities and Exchange Commission of Sri Lanka, commented, "The regulatory and infrastructure framework of Sri Lanka's capital market has developed significantly over the past few years and the Securities and Exchange Commission of Sri Lanka has been leading major initiatives to enhance the regulatory and financial infrastructure further to be in line with the International Organization of Securities Commissions (IOSCO) standards. We will continue to work closely with other international regulatory bodies to better understand and adhere to international standards in order to enhance the confidence of foreign investors in our market and to become a financial centre in South Asia. It has been observed that foreign investors have been actively participating in the capital market of Sri Lanka which is reflected in a record level of net foreign inflows."

Mr. Krishan Balendra, Chairman of the Colombo Stock Exchange, said, "We are pleased to have received a positive response from participants for our first ever investor event in Hong Kong. With the continuous increase in foreign investor participation in the total market turnover, we are confident that Sri Lanka's capital market will continue to perform well in the next few years. "
 


 

 
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