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?

‘Sri Lanka should be mindful of global uncertainties’... Vote_lcap68%‘Sri Lanka should be mindful of global uncertainties’... Vote_rcap 68% [ 178 ]
‘Sri Lanka should be mindful of global uncertainties’... Vote_lcap18%‘Sri Lanka should be mindful of global uncertainties’... Vote_rcap 18% [ 47 ]
‘Sri Lanka should be mindful of global uncertainties’... Vote_lcap13%‘Sri Lanka should be mindful of global uncertainties’... Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » ‘Sri Lanka should be mindful of global uncertainties’...

‘Sri Lanka should be mindful of global uncertainties’...

Go down  Message [Page 1 of 1]

Rizmi

Rizmi
Manager - Equity Analytics
Manager - Equity Analytics

“Sri Lanka should be mindful of global economic uncertainties and vulnerabilities in facing future economic challenges.

Regional trade agreements do enormous good for a country. Business leaders should understand that trade is good, while free trade is even better. Therefore, free trade agreements within regional countries should play a prominent role,” Guest Speaker at the inauguration of Sri Lanka Economic Summit 2012,” Author, Columnist and Management Consultant Gurcharan Das said.

“Sri Lanka is in a fortunate position as the country is closer to India and China, the emerging world power houses. Small countries are attractive for investment, while three key points of peace, rule of law and accountability should prevail in Sri Lanka to move forward,” he said, delivering a presentation on “Are there lessons for Sri Lanka from the experience of the SAARC countries,” at the Summit inauguration held yesterday in Colombo.

Sri Lanka needs better governance and if the country is to attract investments, there should be predictability and consistency in policies. The key lesson around the world was, 'it is not free market liberation, but the need for second generation reforms.'

“We have not done second generation reforms. No reforms mean corruption and bad governance. Sri Lanka's private sector has to move on, if the governance was to be in the right position. As China and India would be stuck in the middle income trap unless China fixes politics while India fix governance. The rule of law will create an environment of less unpredictability, encouraging investments,” he said.

“There was no such thing as Sri Lankan way of doing business, as rule of business and economics are universal. The market needs to be free, ensuring the right policies for competitiveness and accountability,” Das said.

“Sri Lanka is on a new path of development and lot a more needed to be done to reap the dividends of peace.

“The need of the hour and way forward was new thinking and a new mind set,” Ceylon Chamber of Commerce Chairman Susantha Ratnayake said.

The biggest challenge was to maintain the momentum in the context of global turmoil. In the face of uncertain global economy of persisting crisis in the Euro Zone and ailing economies in the West, the world is looking to Asia to lead. In this backdrop, Sri Lanka needs to attract FDIs and expend export base to maintain rapid growth, he said.

The two day Economic Summit 2012 under the theme Positioning Sri Lanka in the Global Economy ends today.

http://www.dailynews.lk/2012/07/12/bus06.asp

Back to top  Message [Page 1 of 1]

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