The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

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.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Remittances slow down will weaken Sri Lanka credit quality: Moody’s EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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

    Remittances slow down will weaken Sri Lanka credit quality: Moody’s

    avatar
    Rana
    Top contributor
    Top contributor


    Posts : 1786
    Join date : 2015-12-16

    Remittances slow down will weaken Sri Lanka credit quality: Moody’s Empty Remittances slow down will weaken Sri Lanka credit quality: Moody’s

    Post by Rana Fri Apr 15, 2016 4:54 pm

    ECONOMYNEXT – Lower remittances from the Middle East, which accounts for half of Sri Lanka’s migrant work earnings, will weaken the island’s credit quality, Moody's Investors Service says.

    Weaker remittances will dampen benefits of lower oil prices for Asia Pacific sovereigns, the rating agency said in a report.

    Gulf Cooperation Council (GCC) economies have been hit hard by the slump in oil prices.

    “Generally, weaker remittances will immediately impact the recipient countries' credit profiles via their balance of payment positions,” Moody’s said.

    “A prolonged fall would also hurt economic growth, given the importance of remittances to household incomes.”

    Lower current account receipts, and therefore lower reserves, will have a “particularly large effect” on the credit quality of those sovereigns that are already operating with a low reserve buffer, Moody’s said.

    “Sri Lanka stands out in this regard, because it runs higher current account deficits already, and has thin foreign reserves: its reserve adequacy, as measured by Moody's External Vulnerability Indicator, is above the 100% threshold,” it said.

    “A fall in reserves would further damage foreign investor confidence and hamper portfolio inflows.”

    Moody's conclusions were contained in a new report titled "Sovereigns -- Asia Pacific: Falling Remittances from the Gulf Dampen Benefits of Lower Oil Prices."

    “Generally, weaker remittances will immediately impact the recipient countries' credit profiles via their balance of payment positions,” Moody’s said.

    “A prolonged fall would also hurt economic growth, given the importance of remittances to household incomes.”

    Remittance dependence as a proportion of Gross Domestic Product is typically higher for smaller countries, Moody’s said.

    Remittances account for 09 percent of Sri Lanka’s GDP.
    (COLOMBO, April 15, 2016)

      Current date/time is Sun Jul 14, 2024 9:41 am