Sri Lanka aims to position itself among South Asia’s leading frontier markets

Date:

March 23, Colombo (LNW): Sri Lanka has the potential to establish itself as a prime investment destination and join the ranks of South Asia’s leading frontier markets, alongside Pakistan, Bangladesh, and the Maldives, according to Colombo Stock Exchange (CSE) Chief Dilshan Weerasekara.

Speaking to a recent briefing, Weerasekara emphasised the country’s ability to attract foreign investment by showcasing its economic prospects and capital market opportunities.

The remarks were made in the context of announcing the CSE’s upcoming investor forum, ‘Invest Sri Lanka’, which aims to engage global investors and highlight the nation’s evolving financial landscape.

The Colombo Stock Exchange recently marked its 40th anniversary with a special event in Colombo, where its achievements over the past four decades were reviewed.

The gathering also focused on future strategies to enhance market performance and strengthen investor confidence. Discussions covered key policy decisions aimed at bolstering Sri Lanka’s appeal as an investment hub, with an emphasis on regulatory reforms and infrastructure development to facilitate smoother capital inflows.

The ‘Invest Sri Lanka’ forum is expected to play a pivotal role in these efforts, bringing together key stakeholders from the financial and corporate sectors. Central Bank Governor Dr Nandalal Weerasinghe and Deputy Minister of Economic Development and Minister of Labour Prof Anil Jayantha will represent the government at the event.

With Sri Lanka looking to reposition itself in the global financial arena, market analysts suggest that proactive measures, including policy consistency and investor-friendly initiatives, will be essential in driving sustainable economic growth and achieving the country’s ambitions as a key player in the South Asian region.

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...