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SRI LANKA AMONG TOP 10 HOTSPOTS FOR FDI

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1SRI LANKA AMONG TOP 10 HOTSPOTS FOR FDI Empty SRI LANKA AMONG TOP 10 HOTSPOTS FOR FDI Fri Apr 15, 2016 12:50 pm

samaritan


Moderator
Moderator

SRI LANKA AMONG TOP 10 HOTSPOTS FOR FDI Image_1460653480-72f47a1521

Sri Lanka is ranked among Asia Pacific’s top 10 foreign direct investment (FDI) hotspots, according to a study by US-based global information company IHS Inc.

The other Asia Pacific FDI hotspots are China, Indonesia, Malaysia, Vietnam, the Philippines, Myanmar, Thailand, India, Sri Lanka and Bangladesh.

For more details:
http://www.dailymirror.lk/108252/Sri-Lanka-among-top-hotspots-for-FDI

samaritan


Moderator
Moderator

Foreign activity witnessed a change in direction on last friday with foreign net buying amounting to 158 Million Rupees.

SRI LANKA AMONG TOP 10 HOTSPOTS FOR FDI F4c3e98bd3ad3c3b722cfad73413a0e6_L

samaritan


Moderator
Moderator

This is great news. Foreign activity is expected to be positive.

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

this is great news but now i wish they will act on these. Up to now USA and EURO is saying we're progressing well but still no support still whatsoever in financial terms. China is delivering by investing in our country. Its time for US govt act on there words and reports and support towards our country development.

samaritan


Moderator
Moderator

Yesterday's Foreign Net Purchase amounted to 178 Million Rupees.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Inflow of few hundred millions will make no effect.

The problem is within us and not from outside. It started when the gonpalanayas without using their peanut brains promised unrealistic salary increase of Rs.10,000 for 1.4 million state workers just to fool them and grab power.

Now only they realised the hole they dug in.

The country need additional 168,000 million rupees per annum or 14,000 million per one month to pay this.

This will create unending money printing and rate increase.

No one from outside will give money to pay salaries.
Each and every foreign funded project need 15% local component to pay salaries , taxes and other local expenditure. Hence even when huge Chinese projects started we have to find money to pay salaries , OT , Bata for the local people working in those project offices.

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