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Business community demands:
'Go for polls without delay'
The business community has expressed serious
concern over the political stalemate in the country which is not
conducive for investments and launch of new projects. The Chambers
and industry stakeholders have underscored the importance of going
for General Elections soon and breaking the stalemate to ensure
stability and the confidence needed to attract foreign direct
investments, which is vital for the country at this crucial
juncture.
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'CEPAs, the way forward'
Sri Lanka should go for comprehensive economic
partnership agreements to be in line with modern global business
trends else we would be isolated from the rest of the world which is
going for comprehensive economic partnerships, Director General of
Commerce R.D.S. Kumararatne said. He said if Sri Lanka is to survive
in the modern business world we need to go beyond trade in
commodities and focus on services, investments and cooperation in
technology.
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Market capitalisation: Targets should be realistic
Sri Lanka has an ambitious plan to increase
market capitalisation. However, the target should be realistic and
reachable within the time frame, a capital market expert and CFA
Candor Group CEO and Director Ravi Abeysuriya said.
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Gem and jewellery exports to surge
Sri Lanka's gem and jewellery export revenue
will surge this year following the enormous exposure the country
received at the International Coloured Gemstone Association (ICA)
Congress held recently in Sri Lanka, Chairman, Facets Sri Lanka,
Juzar Adamaly said on the sidelines of the 16th Congress at the
Cinnamon Grand recently.
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'Cuba, ideal investment destination'
Today, Cuba is an ideal destination for
investments due to the reorganising of policies, political stability
backed by a strong regulatory framework, Ambassador for Cuba
Florentino Batista told a workshop on 'Bilateral trade between Sri
Lanka and Cuba' organised by the National Chamber of Commerce of Sri
Lanka last week.
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