LKCSE Colombo Stock Exchange Open
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
18 November, 2015 08:58 AM Source: Financial Times - Sri Lanka
news 1.jpg

Prime Minister Ranil Wickremesinghe last night said that with much headway made in terms of key political reforms, the next immediate focus of the new Government was economic and development, with the Friday’s presentation of 2016 Budget being the starting point.
Speaking at the Business Today Top 25 Awards ceremony, the Premier said the economy has weakened considerably over the years and Sri Lanka has lost its competitiveness. “We have to boost our competitiveness and be part of the global value chain as well as boost investments both local and foreign,” Wickremesinghe said.
Noting that the external environment wasn’t very rosy, the Premier revealed Sri Lanka will have to enter into economic and technology agreements with India, China and Singapore as well as a Free Trade Agreement with the US. This is in addition to expected to boost following the lifting of ban on fish exports to the EU and regaining of GSP+ next year.
The need to boost rural economy, implement next generation reforms and enhancing skills and vocational training along with improving quality of education was also stressed.
“These are challenges that Sri Lanka cannot run away from. Amidst gloom and doom globally there are many bright spots. Let’s us make Sri Lanka one of those bright spots sooner than later. I believe in doing what has to be done and talk about it later,” Prime Minister told the BT Awards attended by business leaders, Ministers, professionals and others. 
John Keells Holdings Plc retained its number one position in the BT Top 25. Commercial Bank was placed second and HNB was third.

- See more at: http://www.ft.lk/article/498259/Govt--to-focus-on-economic-and-development-agenda-next--Ranil#sthash.rIKxAVYy.dpuf

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more


Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?