GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS

samaritan · 1 GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 11:00 am

samaritan

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Premier Wickremesinghe told the Sunday Times: “Dr Coomaraswamy is a capable person. He comes in at a time when there will be a new Foreign Exchange Act, a Financial and Business Centre (at the Colombo Port City), and measures to strengthen Bank Regulations.” He said the country needed a person who could interact with the international community “when we are opening ourselves to the outside world.”

UNQUOTE:

NEW FOREIGN EXCHANGE ACT WILL EASE RESTRICTIONS ON INTERNATIONAL CAPITAL FLOW OPENING OURSELVES TO THE OUTSIDE WORLD.
THE PLANNED INT'L BUSINESS CENTRE/MEGAPOLIS ETC SHOULD BOOST INVESTOR CONFIDENCE.

nimantha80 · 2 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 11:05 am

nimantha80

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play like jkh today but dont buy and hold.Even small quantities

samaritan · 3 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 11:35 am

samaritan

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DON'T SELL YOUR VALUABLE SHARES AND LOSE YOUR HARD EARNED MONEY. THE MARKET SLUGGISHNESS IS ONLY TEMPORARY. GOOD TIMES ARE COMING AHEAD, JUST WAIT & SEE THE APPRECIATION BY EARLY 2017.

Vacations To Sri Lanka · 4 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 10:30 pm

Vacations To Sri Lanka

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I Think This is About the Capital Account liberalization .....

Truestory · 5 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 11:28 pm

Truestory

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We gave Ranil and Mithree 5 years to develop the country. There are only 1.5 million Government employees.More than 7 mln private sector employees. Can we allow just the union leaders of Govt employees to ruin this country. Majority of Doctors and others who are in govt. employment did their higher education with the funds generated by the private sector for the country.
Think about the minimum wages of Govt. employees and the private sector. Govt. employee's minimum wages are almost double the private sector minimum wages. Private sector employees do not go on strike for each and every minor issues. Whereas doctors and other so called educated guys in the govt. service want to go on strike and ruin the country. Government employees who are less than 20% of the voting population trying to rule the country. Is this the democracy?
Time has come for the private sector to open their eyes and tell the Govt. sector employees to stop the nonsense.
We give the government revenue by way of taxes. What do you do. You collect it from us and try to ruin the country. Please think about it.
Stop ruining the country. Stop killing innocent patients. What did so called drs said today. Strike action was successful. Were they happy that patients suffered today? Time has come for all you guys who have brains to think.

Chinwi · 6 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Tue Jul 05, 2016 11:39 pm

Chinwi

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Opening of capital account and its +ve impact on Stock market ?

Can someone explain briefly ?

I thought even now outsiders can open an Investment account and do trading and free inflow and outflow is allowed.

I know this is good for locals who wanted to invest in other countries. At the moment we have to get the clearance to take money out.

EquityChamp · 7 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Wed Jul 06, 2016 7:14 am

EquityChamp

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I see nothing wrong in buying stable companies with stable outlook in small quantities and build a good portfolio. Anyway buying on credit is not advisable but buying with your spare money will earn you a decent return in the medium term.

samaritan · 8 Re: GOOD TIMES ARE AHEAD - GIVE IT SIX MONTHS Sat Jul 09, 2016 9:11 am

samaritan

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Chinwi wrote:Opening of capital account and its +ve impact on Stock market ?

Can someone explain briefly ?

I thought even now outsiders can open an Investment account and do trading and free inflow and outflow is allowed.

I know this is good for locals who wanted to invest in other countries. At the moment we have to get the clearance to take money out.

Good Question Chinwi,

Liberalization thro' a new Exchange Control Act will give foreign investors absolute confidence as countries which are confident of more FDIs in comparison to outflow will only resort to liberalize their capital a/c.