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DateLine Monday, 12 January 2009

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Indo- Sri Lanka initiative on Derivatives

The high powered Sri Lankan delegation from the Securities and Exchange Commission (SEC) is expected to meet top officials from the Securities and Exchange Board of India (SEBI) and that National Stock Exchange of India (NSE) today for a collaborative effort to implement derivative initiatives in Sri Lanka.

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Laud Security Forces on avalanche of recent military victories:

Private sector yearning for durable peace

Frontline Trade Chamber leaders yesterday, lauded the Armed Forces for their recent avalanche of military victories in the North, and said in unison and in combination, that they were yearning for durable and sustainable peace for accelerated economic growth to kick off.

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Perspective :

Biggest bonanza

The capturing of the LTTE headquarters at Kilinochchi and the imminent annihilation of the terrorists by our heroic Security Forces was the biggest economic bonanza that Sri Lanka has had for the last three decades.

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With the dawn of peace several new BoI projects have been signed up in both the East and the Northern province that includes Arugam Bay that would unleash the tourism potential in these areas. Here a trader is with a star fish during better times in Arugam Bay.

Sri Lanka’s economy registered a growth of 6.5 percent in real terms during the first three quarters of 2008. This is an encouraging achievement given the difficult conditions that prevailed on the domestic and external economic fronts.



 
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