Tuesday April 24, 2018

Sri Lanka investor forum in Australia draws interest

Mar 20, 2017 18:46 PM GMT+0530 | 3 Comment(s)

SYDNEY FORUM:  Pictured from left: CSE CEO Rajeeva Bandaranaike, Fitch Ratings Lanka Country Director Maninda Wickramasinghe, CBSL Director of Economic Research Yuthika Indraratne, State Minister of National Policies and Economic Affairs Niroshan Perera, CSE Chairman Vajira Kulatilaka and Director General of the SEC Vajira Wijegunerwardane.

ECONMYNEXT - An investor forum in Australia had drawn over 150 institutional investors, high-net-worth individuals and Sri Lanka-born individuals living in the country, the Colombo Stock Exchange said.

The forum was organized by the CSE and Securities and Exchange Commission of Sri Lanka.

CSE Chairman Vajira Kulatilaka, who is an investment banker, said Sri Lanka's stock were attractively valued now with relatively low price to earnings multiples.

State Minister of National Policies and Economic Affairs Niroshan Perera said the government was making administrative and economic reforms, and improving the ease of doing business.

"On behalf of the Sri Lankan Government, I would like to pledge our continued commitment to facilitating investments and stimulating the establishment of transparent and well-governed institutions," he was quoted as saying.