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Sri Lanka Equity Forum » Stock Market Talk » SRI LANKA'S ECONOMY TO CRASH LAND?

SRI LANKA'S ECONOMY TO CRASH LAND?

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1 SRI LANKA'S ECONOMY TO CRASH LAND? on Sat Sep 02, 2017 3:48 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka’s banking sector exposure to property loans have shown a marked increase and some borrowers have concealed such as loans obtained for small and medium enterprises. 
Meanwhile, Moody’s also cautioned the banks of potential default pressure from corporates due to rising interest rates and their increased levels of leverage.
http://www.dailymirror.lk/article/Moody-s-cuts-Lankan-banking-sector-outlook-to-Negative--135787.html

2 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Sun Sep 03, 2017 6:01 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Navesta Pharmaceuticals opens Rs1.4 bn plant in Horana



Friday, September 1, 2017 - 01:00

Print Edition
Business

President Maithripala Sirisena at the opening of Navesta Pharmaceuticals in Hoarana on Wednesday
[size]
Navesta Pharmaceuticals Private Limited has set the benchmark for the local pharmaceutical manufacturing sector by opening the Country’s first sterile pharmaceutical manufacturing plant in Horana.
Navesta Pharmaceuticals is Sri Lanka’s first European Union Good Manufacturing Practices (EU-GMP) and Pharmaceutical Inspection Co-Operation Scheme (PIC/S), compliant facility which will enable the Company to export their products to most global markets that accepts these accreditations.
Additionally, the facility is also equipped with the Country’s first EU-GMP compliant A and B Grade Microbiology (MB) laboratory, capable of carrying out comprehensive, advanced in-house testing methodologies. Navesta Pharmaceuticals will primarily meet the local demand of 12 products in the Penicillin category (antibiotic drugs that are a part of the Beta Lactam group of medicines) dry powder injectable that were previously imported to the Country. The plant was formally declared open by the Chief Guest, President Maithripala Sirisena on Wednesday.
Chairman of Navesta Pharmaceuticals, Sanjaya Jayaratne said, “We have and will continue to generate numerous employment opportunities for Sri Lankans who specialise in pharmaceutical fields such as Biochemistry, Pharmacology, Chemistry, Pharmacy and Engineering as well as Sri Lankans who are interested in developing this new industry further. Most importantly, Navesta’s ultimate aim is to provide a reliable, vertically integrated local supply chain which will provide accessibility of high quality pharmaceuticals for our citizens. All our efforts surround the idea that we as a company, have a social responsibility to this generation and the next in providing our citizens better opportunities of a livelihood through our continual industry development, reinvestment in the communities, and empowerment of our employees to carry this vision forward for Sri Lanka.”
The Guest of Honour at the inauguration was the Minister of Health, Nutrition and Indigenous Medicine, Dr. Rajitha Seneratne. In addition, a host of other distinguished guests graced the occasion.
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3 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Sun Sep 03, 2017 7:07 am

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
SRI LANKA'S ECONOMY TO CRASH LAND    
සමග  
 Navesta Pharmaceuticals opens Rs1.4 bn plant in Horana
ඇති සම්බන්ධය කුමක් ද ?

4 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Sun Sep 03, 2017 7:29 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Chinwi wrote:SRI LANKA'S ECONOMY TO CRASH LAND    
සමග  
 Navesta Pharmaceuticals opens Rs1.4 bn plant in Horana
ඇති සම්බන්ධය කුමක් ද ?
1.Export earnings $$$
2.New employments(direct factory workers,supervisory,transport,etc,etc)
3.Reducing import of drugs
..................................
.................................

Above are related to Srilankan economy as far as I know

5 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Sun Sep 03, 2017 8:40 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
'ALL SECTORS HAVE COLLAPSED IN THE COUNTRY' tells the Mahanayaka of Malwatta Chapter, The Highly Respected Most Venerable Thibbatuwawe Sri Sumangala Thero to Thalatha Athukorala when she called over to receive blessings after being appointed as the Minister of Justice.
(source:MTV's News 1st)

6 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Sun Sep 03, 2017 2:53 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Moodys gave dose of reality to the economy ! stay safe guys better avoid banking sector

7 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Mon Sep 04, 2017 9:31 pm

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Yahapalanaya wrote:
@Chinwi wrote:SRI LANKA'S ECONOMY TO CRASH LAND    
සමග  
 Navesta Pharmaceuticals opens Rs1.4 bn plant in Horana
ඇති සම්බන්ධය කුමක් ද ?
1.Export earnings $$$
2.New employments(direct factory workers,supervisory,transport,etc,etc)
3.Reducing import of drugs
..................................
.................................

Above are related to Srilankan economy as far as I know

ආ මම හිතුව  මේකෙ හදන  බෙහෙත් බලෙන්  Crash  එක නවත්ත ගන්න පුලුවන් වත් ද කියල​.  බැරි නම් ඉතින් මොනව කරන්න ද  Wink

8 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Mon Sep 04, 2017 10:00 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Chinwi wrote:
@Yahapalanaya wrote:
@Chinwi wrote:SRI LANKA'S ECONOMY TO CRASH LAND    
සමග  
 Navesta Pharmaceuticals opens Rs1.4 bn plant in Horana
ඇති සම්බන්ධය කුමක් ද ?
1.Export earnings $$$
2.New employments(direct factory workers,supervisory,transport,etc,etc)
3.Reducing import of drugs
..................................
.................................

Above are related to Srilankan economy as far as I know

ආ මම හිතුව  මේකෙ හදන  බෙහෙත් බලෙන්  Crash  එක නවත්ත ගන්න පුලුවන් වත් ද කියල​.  බැරි නම් ඉතින් මොනව කරන්න ද  Wink
Be positive.Think positive.Believe in people's government..Country's development era starts(towards 2025)....and be happy I love you I love you I love you

9 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Tue Sep 05, 2017 1:24 am

Teller

avatar
Moderator
Vision2025 , who will allow them to rule till 2025, country is sinking day by day....

10 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Tue Sep 05, 2017 11:10 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
2015 - DAWN OF YAHAPALANA GOVT WITH A VISION TO SEE A DEVELOPED NATION IN 3 YEARS.

EVENTS THAT FOLLOWED:

BOND GATE - THE BIGGEST ROBBERY IN THE POST INDEPENDENCE ERA OF SRI LANKA INVOLVING THE FINANCIAL NERVE CENTRE OF THE NATION "THE CENTRAL BANK"

VW FACTORY

HORANA TYRE FACTORY

GOOGLE LOON PROJECT

CONTROVERSIAL NATIONAL PAYMENT PLATFORM

TALLEST BUILDING IN ASIA

BREACH OF NATIONAL PROCUREMENT GUIDELINES IN CENTRAL EXPRESSWAY TENDER AWARD 

& NOW A BLURRY "VISION 2025" 

11 Re: SRI LANKA'S ECONOMY TO CRASH LAND? on Wed Sep 06, 2017 12:06 pm

kapifm

avatar
Manager - Equity Analytics
Manager - Equity Analytics
foreigners lost interest and confident after RAVI  K s issue?? Shocked Shocked

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