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| Investing i Sri Lanka |
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For the first time in 22 years, we see Sri Lanka moving towards sustainable peace. The most liberalized economy in South Asia is positioned to offer strong growth prospects to investors. The economy is emerging as a service hub for the region, aided by FTA's with India and Pakistan to attract increasing Foreign Direct Investment (FDI) and we are starting to see the value of investments being unlocked.
The key industries of ports, tourism, telecom, finance and plantations that drive the economy are well represented on the CSE, equipped with electronic trading and settlement systems.
The Colombo Stock Exchange has gone 31.1% (ASPI) as at October 2006. It was the top performing stock market in Asia in 2005 with a dollar return in excess of 61% (Source : Colombo Stock Exchange). It was ranked as the second highest performing emerging stock market globally by "Fortune Magazine" in September 2003 while it has averaged over 35% growth per annum over the last 4 years. The average daily turnover of the CSE has increased five fold from 2001 to 2004. Despite gains, stocks at the CSE, driven by strong corporate growth ,are still trading at low valuations. These strong fundamentals, along with increasing local and international particicpation, we believe will continue to drive the CSE further.
For more information log on to http://www.cse.lk |
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