The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
HAYC - HaycarbYesterday at 9:58 amsubash
Plantation Sector UpdatesTue Oct 20, 2020 3:11 pmslstock
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
Backstage
Backstage
Top contributor
Top contributor
Posts : 3775
Join date : 2014-02-24

CB Governor offers key insights Empty CB Governor offers key insights

on Mon Sep 25, 2017 4:56 pm
Message reputation : 100% (1 vote)

CB Governor offers key insights into the Government’s Vision 2025 at DFCC Bank’s high level strategy workshop

September, 25, 2017

DFCC Bank organized a strategizing session on September 9th at the Pegasus Reef Hotel, Wattala, where a cross-section of the Bank’s senior staff engaged in interactive and participatory discussions as well as focused strategy discussions for the Bank’s development in 2018-2020.



The highlights were the sessions conducted by two of the country’s financial leaders – Dr. Indrajit Coomaraswamy, Governor of the Central Bank of Sri Lanka and former Deputy Governor, Dr. W. A. Wijewardena, which focused on the macroeconomic development plans of the Government, as well as the long-term economic and financial sector growth of the country.



Dr. Coomaraswamy, in his address, detailed the Government’s new ‘Vision 2025’ for the Nation. The Central Bank Governor reiterated the Government’s pledge of formulating a comprehensive economic strategy that will help “raise per capita income to US$5,000 per year; create one million new jobs; increase foreign direct investment to US$5 billion per year; and double exports to US$20 billion per year”. The main strategy to achieve this would be by making Sri Lanka a hub in Indian Ocean, and link it to external markets through Exports.



He went on to explain that a new trade policy, along with an original National Export Strategy, will give rise to a more liberal, simple, transparent and predictable trade regime. Furthermore, he said that he hopes these policy changes will attract more export-oriented FDI, improve trade logistics and boost firms’ abilities to compete in global markets.



Earlier during the day, Dr. W. A. Wijewardena, former Deputy Governor of the Central Bank spoke about the Government’s aim to improve Sri Lanka’s ranking in the Ease of Doing Business Index by undertaking essential economic reforms while ensuring policies are predictable, consistent and transparent. The good news for the private sector is that Public Private Partnerships are to be used as a driver of economic growth.



Simultaneously there will be an emphasis on education and healthcare services across the country. The country as a whole will march towards a new dawn with the development of physical infrastructure facilities through the Megapolis project, economic corridors, improved transportation facilities, build-operate-transfer models and so on.



The key take away for DFCC Bank from both these sessions was that the Government has an ambitious vision to drive Sri Lanka to a high tech and digitalised economy while at the same time keeping focused on grassroots needs with plans to improve agriculture via productivity increases and by linking it to logistics networks.



These insightful sessions proved valuable for the DFCC Bank team during the workshop to focus on future strategy for growth, expansion and consolidation in the short-term as well as in the medium term.



At the end of the highly productive session, an ambitious plan for the growth of the Bank was formulated which the senior management is fully committed to implementing across the Bank. The broad plans were presented to the Board of Directors during a special session at the end of the programme.

Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5567
Join date : 2014-02-28

CB Governor offers key insights Empty Re: CB Governor offers key insights

on Mon Sep 25, 2017 5:20 pm
Message reputation : 100% (1 vote)
Thanks Back.
avatar
malanp
Posts : 515
Join date : 2014-03-04

CB Governor offers key insights Empty Re: CB Governor offers key insights

on Mon Sep 25, 2017 6:37 pm
Message reputation : 100% (1 vote)

Before they reform the economy they should think of a way to reform the mindset of Sri Lankan people..
Backstage
Backstage
Top contributor
Top contributor
Posts : 3775
Join date : 2014-02-24

CB Governor offers key insights Empty Re: CB Governor offers key insights

on Thu Sep 28, 2017 10:10 pm
malanp wrote:
Before they reform the economy they should think of a way to reform the mindset of Sri Lankan people..  

That's the Mahanayake's department ne ?
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 8696
Join date : 2014-02-23
Age : 62
Location : රජ්ගම

CB Governor offers key insights Empty Re: CB Governor offers key insights

on Fri Sep 29, 2017 10:57 am
No good plan will ever bear fruits, unless the corruption is reduced considerably soon. Are we ready ? I do not think so. Shocked

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
Back to top
Permissions in this forum:
You cannot reply to topics in this forum