Singapore Summit nets US$ 15 bn inflow | Daily News

Singapore Summit nets US$ 15 bn inflow

Panelists Ranjan Hulugalle,Chairman, Lanka Business Online (Moderator), Perpetual Treasuries   CEO  and Head of Group Treasury Kasun Palisena, Religare Capital Markets (Singapore) Research Director Nirgunan Tiruchelvam and Bartleet Religare Securities Managing Director R. Muralidaran at the Summit.

The Sri Lanka Investment Summit in Singapore has been able to attract a net inflow of Rs 15 billion to the country, according to Perpetual Treasuries.

Perpetual Treasuries was one of the prime sponsors and made it their mission to connect both local and international investors with opportunities in Sri Lanka’s debt and equity markets, and to support the growth and development of Sri Lanka’s capital markets through the provision of specialized investment services.

Investor confidence received a huge boost at this summit, increasing Sri Lanka’s chances of positioning itself as one of the fastest growing economies in Asia,analysts said.

“Sri Lanka is the next best thing just about to happen, and when it takes off, Sri Lanka will not need to have marketing or promotions of any sort as it will take off faster than a rocket. But until that moment, the pearl of the Indian Ocean needs to earn and build up a level of trust with the investor. We believe in Sri Lanka,It’s a matter of time before everyone else does”, Perpetual Treasuries CEO and Group Treasury Head Kasun Palisena said.

 


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