Chairman SEC Sri Lanka,on Economy, Stock Market

Economic downturn     Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) will host the “Invest Sri Lanka” Investor Forum at the Shangri-La Hotel in Hong Kong on 9 September.

The “Invest Sri Lanka” Investor Forum will feature presentations by Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, Dr. Nalaka Godahewa, Chairman of the Securities and Exchange Commission of Sri Lanka and Krishan Balendra, Chairman of the Colombo Stock Exchange.

Dr. Nalaka Godahewa, Chairman of the Securities and Exchange Commission of Sri Lanka, commented, “As the regulator, our primary function is to protect the interest of investors and facilitate market development. It is very important for us to understand the fine line between two objectives and strike the correct balance. Since the end of the war the market has started delivering encouraging results and the CSE has been experiencing a record level of foreign inflow in recent times. Currently foreign investors account for approximately 38% of the total market turnover”.

See Interview :

 

Courtesy Bloomberg Business Week

 

 

 

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