|
|
|
  |
| Sunday, 16 January 2005 |
 |
|
 |
Business |  |
| News Business Features Editorial
|
Stock Exchange road show in Emirates by Hiran H.Senewiratne The Colombo Stock Exchange (CSE) one of the most active stock exchanges in the world with a 40 per cent growth has decided to proceed with its planned road show in United Arab Emirates to promote stock trading in overseas countries. "As one of the best performing markets with over 40 per cent growth in 2004 on top of over 30 per cent on average during the last two years Colombo and Sri Lanka has been resilient to many turbulent conditions during that period ," CSE Chairman Eraj Wijesinghe said at a media conference. He said that the recent catastrophe has only strengthened the CSE's resolve to position Sri Lanka's resilient economy with bright prospects and give the courage to move forward overcoming the challenges. Wijesinghe said that the Government is fast tracking the relief, reconstruction and rehabilitation work estimated to cost US $ 1 billion. International support has been extended considerably, while local private sector and civil society have rallied round to help in the nation building. "The rupee has strengthened considerably this week while bond rates have come down and the stock market has bounced back with this scenario," he said. |
|
| News | Business | Features
| Editorial | Security
| Produced by Lake House |
