Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» INVITATION TO FORUM MODERATORS
by Agape Today at 8:52 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Today at 8:05 am

» Hayleys revenue up 34% YoY to Rs 219 bn in FY 18/19
by wisdom79 Today at 7:56 am

» EAST Steady at 18
by mark Yesterday at 10:57 pm

» Reputation???
by Uaecoindubai Yesterday at 7:12 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 6:47 pm

» INVEST ON AAIC, HASU, UAL.... YOU WILL NEVER WORRY......
by wisdom79 Yesterday at 5:56 pm

» Market will test 4700
by nuwanmja Yesterday at 4:16 pm

» Keep eye on Politics
by Maharaja Yesterday at 1:05 pm

» AIA INSURANCE DE-LISTING (CTCE)
by lokka1 Yesterday at 12:55 pm

» Sri Lanka’s Top 10 Imports
by Gajaya Yesterday at 11:16 am

» Top 10 Small Scale Business ideas & Opportunities in Sri Lanka 2019
by Gajaya Yesterday at 11:15 am

» when bank lending rates put down ?
by nuwanmja Yesterday at 11:01 am

» CSE from Dawn of Peace to Rebirth of Terrorism
by soileconomy Yesterday at 7:52 am

» Pakistan’s trade with Sri Lanka comes to a halt
by Teller Yesterday at 3:26 am

» Sri Lanka’s largest pension fund EPF return to Colombo Stocks
by wisdom79 Tue May 21, 2019 10:46 pm

» Sri Lanka's EPF enters stock market with blood in the streets
by God Father Tue May 21, 2019 8:21 pm

» Sri Lanka caught in the big power conflicts
by God Father Tue May 21, 2019 8:16 pm

» High Profile Selling at EAST
by Uaecoindubai Tue May 21, 2019 4:43 pm

» A Trader’s Guide to FIX Engine
by Brenda John Tue May 21, 2019 11:24 am

» Reasons for market to crash
by Uaecoindubai Tue May 21, 2019 10:08 am

» ගෙවුම් ශේෂය, වාහන බලපත් හා ඩොලරයේ මිල
by ChooBoy Mon May 20, 2019 5:59 pm

» Terrorism and its Impact on the Sri Lankan Economy
by ChooBoy Mon May 20, 2019 5:41 pm

» Sri Lanka Equity Market Place
by Sstar Mon May 20, 2019 4:36 pm

» Sri Lanka Equity Market Talk
by Sstar Mon May 20, 2019 12:23 pm

» Sri Lanka Equity Market Help
by Sstar Mon May 20, 2019 12:18 pm

» LOFC IN FOR A BIG RUN
by stockback Sun May 19, 2019 5:20 pm

» Look PAP Amazing company
by Uaecoindubai Sun May 19, 2019 5:13 pm

» Sri Lanka Equity Market Place
by Uaecoindubai Sun May 19, 2019 5:13 pm

» CSE NOW AND AFTER ELECTION
by Ahcha Sun May 19, 2019 4:40 pm

» Do not be greedy, rely on small profits Guide to the markets
by Asoka Samarakone Sun May 19, 2019 12:11 pm

» 6 % of EPF funds in stock market
by hammurabi Sat May 18, 2019 3:47 pm

» Weekly Stock Market Roundup
by Insights Equity Sat May 18, 2019 12:54 pm

» EPF Enter Stock Market
by visvajith Sat May 18, 2019 12:20 pm

» UNION BANK (UBC) to be takeover by Union bank of india
by Soilconomy Sat May 18, 2019 8:54 am

» SEC yet to publish its 2017 Annual Report
by ChooBoy Sat May 18, 2019 6:01 am

» 20th MAY IS IT A HOLIDAY FOR CSE?
by Winner123 Fri May 17, 2019 1:33 pm

» East total Hotel deal value US $ 58 Mn there will be another Dividend, Nahil's family is smart
by karuna2 Fri May 17, 2019 6:48 am

» What is going on with TFC.N0000
by Gihan04 Thu May 16, 2019 11:58 pm

» Sri Lanka's Commercial Bank's deposits surpass landmark Rs 1 Trillion in Q1 2019
by hammurabi Thu May 16, 2019 8:05 pm

» LIOC upward curve
by hammurabi Thu May 16, 2019 7:42 pm

» Maithree pala siresenas next winning chance
by Uaecoindubai Thu May 16, 2019 5:10 pm

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by Uaecoindubai Thu May 16, 2019 5:05 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka achieves highest ever FDI of USD1.63bn in 2017

Sri Lanka achieves highest ever FDI of USD1.63bn in 2017

Go down  Message [Page 1 of 1]

ranferdi

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

Author LBO
Posted on January 28, 2018 | Economy, Featured, Lead Story

Jan 28, 2018 (LBO) – Foreign Direct Investment (FDI) into Sri Lanka has grown to over 1.63 billion US dollars in 2017, doubling the 802 million dollars achieved in the previous year.

The Board of Investment (BOI) reported that 1.63 billion dollars achieved in 2017 is the highest ever surpassing the 1.61 billion dollars in 2014, with significant growth across key sectors.

“The strong growth is a direct consequence of the Government’s reorientation of economic policy towards investment and export driven growth, rather than debt-funded public infrastructure spending,” the BOI said.

Among the highest growth sectors were export-oriented Manufacturing (+27%), Services which includes Tourism and IT (+50%) and Infrastructure (+190%). The highest FDI came from China, followed by Hong Kong, India and Singapore.

The BOI, under the Ministry of Development Strategies and International Trade, is the first point of contact for foreign investors into the country.

“The BOI has initiated work on developing several new export promotion zones including Milleniya, Bingiriya, Weligama and Mawathagama. These will be the first comprehensive BOI zones to be developed since 2000.”

In order to facilitate FDI, the new Inland Revenue Act provides accelerated investment allowances over and above normal depreciation until companies recover their total fixed investment.

The foreign exchange regime too has been liberalized to improve the investment climate via the new Foreign Exchange Act.

Prime Minister earlier said the country’s target is to achieve 5 billion US dollars in FDI by 2020 while International Trade Minister Malik Samarawickrama said he is confident of achieving 2.5 billion US dollars of FDI this year.

Source
http://www.lankabusinessonline.com/sri-lanka-achieves-highest-ever-fdi-of-usd1-63bn-in-2017/

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Unfortunately these are bloated figures

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Ryan Hudson wrote:Unfortunately these are bloated figures

Proof Please....

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

sureshot

sureshot
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can it be the funds earned by the BOND SCAM @ central bank ?

Back to top  Message [Page 1 of 1]

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