Sri Lanka 83rd in Forbes best countries for business list ahead of China

elaballa

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Sandanaya.com
Sri Lanka 83rd in Forbes best countries for business list
forbes-magazine.jpg

Sri Lanka has been ranked 83rd in the latest Forbes Best Countries for Business list, behind India which was placed 77th but ahead of China at 90, Pakistan at 92 and Bangladesh at 109.Denmark tops the list, followed by Hong Kong in second place, New Zealand in third, Canada in fourth and Singapore in fifth place.
In its fifth annual rankings, Forbes magazine categorized the 128 nations of the world on the basis of property rights, technology, corruption, personal freedom, red tape, investor protection and stock market performance.

source: http://sandanaya.blogspot.com/2010/09/sri-lanka-83rd-in-forbes-best-countries.html
 
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Dharatha

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    Forbes කියන විදියට අසියාවෙ දනවත්ම පවුලත් ලංකාවෙන් බිහිවෙලා ඉවරයිලු:baffled:
     

    elaballa

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    අපේ මූල්‍ය වෙළෙඳපොළේ සීග්‍ර වර්ධනයක්

    ශ්‍රී ලංකාවේ මූල්‍ය වෙළෙඳපොළ 2010 – 2011 කාලය තුළ ඉහළ ප්‍රගතියක් ලබා ඇති බවත් එය 52 ස්ථානයේ සිට 13 වන ස්ථානය දක්වා සීග්‍ර වර්ධනයක් පෙන්නුම් කරන බවත් ජගත් ආර්ථික සමුළු වාර්තාව පවසයි.

    දරිද්‍රතා රේඛාව පසුකර ආදායම් ඉහළට
    ශ‍්‍රී ලංකාවේ දිස්ත‍්‍රික්ක 9ක දරිද්‍රතා රේඛාව පසුකර සාමාන්‍ය ආදායම් ඉහළ ගොස් ඇති බව ජනලේඛන හා සංඛ්‍යාලේඛන දෙපාර්තමේන්තුව පවසයි.

    source: news.lk
     

    shan4djfun

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    macho parties gawa ganne nathuwa atta katha kolot, Rajapaksha paula than business paulak wela..they have their hand in everything. control>
     

    shan4djfun

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    Sri Lanka 83rd in Forbes best countries for business list
    forbes-magazine.jpg

    Sri Lanka has been ranked 83rd in the latest Forbes Best Countries for Business list, behind India which was placed 77th but ahead of China at 90, Pakistan at 92 and Bangladesh at 109.Denmark tops the list, followed by Hong Kong in second place, New Zealand in third, Canada in fourth and Singapore in fifth place.
    In its fifth annual rankings, Forbes magazine categorized the 128 nations of the world on the basis of property rights, technology, corruption, personal freedom, red tape, investor protection and stock market performance.

    source: http://sandanaya.blogspot.com/2010/09/sri-lanka-83rd-in-forbes-best-countries.html

    meka sandhane blogspot ekaneda?:lol::lol:
     

    Dharatha

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    රාවණා;8275891 said:

    කෝ බන් ... ඇයි බොරු දාන්නේ... ලැජ්ජා නැද්ද??? පච කෙලින්න...

    පච නෙමෙයි බන් මෙන්න Forbes කියන අලුත්ම ඇත්ත කතාව:dull:


    http://blogs.forbes.com/meghabahree...n-for-the-worse-again-watch-the-stock-market/


    Sep. 13 2010 - 6:23 pm | 2,474 views | 0 recommendations | 1 comment
    Is Sri Lanka Taking A Turn For The Worse Again? Watch The Stock Market


    After being the best performing market globally for the past two years, the sentiment on the Sri Lankan economy may be beginning to turn and the country has no one to blame for that but its own president.

    Last week Sri Lanka’s Parliament passed an amendment scrapping presidential term limits. In addition, the amendment gives the president the sole discretion to appoint people to key institutions including the police, elections commission, human rights commission and the judiciary. In the past, the appointments were made by the president but on the recommendation of a 10-member multi-party constitutional council that spanned political parties and ethnic groups.

    “Given that this is the first constitutional amendment after the defeat of the LTTE, this sends a negative message to minorities,” says Rohan Edrisinha, a specialist in constitutional law at the University of Colombo. “As the first amendment [the government is saying] the priority is not to address the grievances of the minorities, but rather to consolidate power…. This amendment is extremely retrogressive from the point of view of checks and balances and it will have a bearing on governance and the rights of minorities and rights of the Tamil people.”

    The government had announced earlier this year that foreign investment was welcome in several sectors, but clearly some investors too are now concerned by this consolidation of powers. Benjamin Griffith, an analyst at Caravan Capital Management, a global frontier fund for high net worth individuals, says the fund has been reducing its weight in Sri Lanka. He is now looking at Sri Lanka as a long term risk. If, he says, the government over the next few years fails to bring in economic development in the war torn areas of the north and the east or refuses to give the Tamils some kind of semi-autonomy, the country could experience a renewed insurrection. In the shorter term, however, the plight of the Tamils could re-express itself in the form of renewed terrorist attacks in Colombo.

    The latter has always resulted in investor jitteriness, visible in the stock market. Griffith examined a Bayesian Network model (a probabilistic model which uses historical data to identify relationships between variables) on the impact of bombings on the stock market. He found that historically, in periods of intense violence, including past LTTE bombings in Colombo, annual average stock market returns were reduced by a bit more than 17%. “You can see that if renewed violence were to correspond with lower foreign direct investment (as a proxy for foreign investor sentiment), the declines could be even larger,” he says.

    Last week’s amendment ushered in by President Mahinda Rajapakse was introduced as an urgent bill on Monday. Because it was marked urgent, it was automatically presented to the Supreme Court the next day and was approved by Wednesday with little public consultation or notice. Now, says Edrisinha, nothing can be done.

    But Abhijit Kukreja, an analyst with Auerbach Grayson, a New York City brokerage for institutional investors, disagrees. “This could be a good thing from an economic, and thus a market perspective because it means if the president is reelected, there won’t be any change in policies for a while,” he says. “This helps in investor certainty as investors are comfortable with what the president is doing now.” Kukreja cites a slew of investments that Rajapakse has announced for the country including $4 billion to rebuild the war torn north, loans for self employment and housing targeting the poor in the troubled areas of the north and the east, plans with India to build 50,000 houses for the internally displaced people in the same region, among other initiatives.

    Others are not as confident about peace.
     

    Po Di-Al

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    ශ්‍රී ලංකාවේ මූල්‍ය වෙළෙඳපොළ 2010 – 2011 කාලය තුළ ඉහළ ප්‍රගතියක් ලබා ඇති බවත් එය 52 ස්ථානයේ සිට 13 වන ස්ථානය දක්වා සීග්‍ර වර්ධනයක් පෙන්නුම් කරන බවත් ජගත් ආර්ථික සමුළු වාර්තාව පවසයි.

    දරිද්‍රතා රේඛාව පසුකර ආදායම් ඉහළට
    ශ‍්‍රී ලංකාවේ දිස්ත‍්‍රික්ක 9ක දරිද්‍රතා රේඛාව පසුකර සාමාන්‍ය ආදායම් ඉහළ ගොස් ඇති බව ජනලේඛන හා සංඛ්‍යාලේඛන දෙපාර්තමේන්තුව පවසයි.

    source: news.lk

    :):)
     

    Kalegana

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    රාවණා;8275891 said:

    කෝ බන් ... ඇයි බොරු දාන්නේ... ලැජ්ජා නැද්ද??? පච කෙලින්න...

    boru newei machan,,, mama th dekka iye news walata kiwwa!
     

    shan4djfun

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    පච නෙමෙයි බන් මෙන්න Forbes කියන අලුත්ම ඇත්ත කතාව:dull:


    http://blogs.forbes.com/meghabahree...n-for-the-worse-again-watch-the-stock-market/


    Sep. 13 2010 - 6:23 pm | 2,474 views | 0 recommendations | 1 comment
    Is Sri Lanka Taking A Turn For The Worse Again? Watch The Stock Market


    After being the best performing market globally for the past two years, the sentiment on the Sri Lankan economy may be beginning to turn and the country has no one to blame for that but its own president.

    Last week Sri Lanka’s Parliament passed an amendment scrapping presidential term limits. In addition, the amendment gives the president the sole discretion to appoint people to key institutions including the police, elections commission, human rights commission and the judiciary. In the past, the appointments were made by the president but on the recommendation of a 10-member multi-party constitutional council that spanned political parties and ethnic groups.

    “Given that this is the first constitutional amendment after the defeat of the LTTE, this sends a negative message to minorities,” says Rohan Edrisinha, a specialist in constitutional law at the University of Colombo. “As the first amendment [the government is saying] the priority is not to address the grievances of the minorities, but rather to consolidate power…. This amendment is extremely retrogressive from the point of view of checks and balances and it will have a bearing on governance and the rights of minorities and rights of the Tamil people.”

    The government had announced earlier this year that foreign investment was welcome in several sectors, but clearly some investors too are now concerned by this consolidation of powers. Benjamin Griffith, an analyst at Caravan Capital Management, a global frontier fund for high net worth individuals, says the fund has been reducing its weight in Sri Lanka. He is now looking at Sri Lanka as a long term risk. If, he says, the government over the next few years fails to bring in economic development in the war torn areas of the north and the east or refuses to give the Tamils some kind of semi-autonomy, the country could experience a renewed insurrection. In the shorter term, however, the plight of the Tamils could re-express itself in the form of renewed terrorist attacks in Colombo.

    The latter has always resulted in investor jitteriness, visible in the stock market. Griffith examined a Bayesian Network model (a probabilistic model which uses historical data to identify relationships between variables) on the impact of bombings on the stock market. He found that historically, in periods of intense violence, including past LTTE bombings in Colombo, annual average stock market returns were reduced by a bit more than 17%. “You can see that if renewed violence were to correspond with lower foreign direct investment (as a proxy for foreign investor sentiment), the declines could be even larger,” he says.

    Last week’s amendment ushered in by President Mahinda Rajapakse was introduced as an urgent bill on Monday. Because it was marked urgent, it was automatically presented to the Supreme Court the next day and was approved by Wednesday with little public consultation or notice. Now, says Edrisinha, nothing can be done.

    But Abhijit Kukreja, an analyst with Auerbach Grayson, a New York City brokerage for institutional investors, disagrees. “This could be a good thing from an economic, and thus a market perspective because it means if the president is reelected, there won’t be any change in policies for a while,” he says. “This helps in investor certainty as investors are comfortable with what the president is doing now.” Kukreja cites a slew of investments that Rajapakse has announced for the country including $4 billion to rebuild the war torn north, loans for self employment and housing targeting the poor in the troubled areas of the north and the east, plans with India to build 50,000 houses for the internally displaced people in the same region, among other initiatives.

    Others are not as confident about peace.

    oya tiyenne forbes kiwwa kathwa:lol::lol::lol: