Business Times

Net inflow of foreign investment was $459 mln in 2010

Foreign investments in equity and capital market in Sri Lanka show a net inflow of foreign investments amounting to Rs.51.8 billion ($459 million) last year, the Central Bank’s Exchange Control Department said last week.

It said there was an inflow of funds amounting to Rs.215.9 billion (approximately $1.9 billion) to these accounts and the outflow on account of repatriation of investments as well as dividends/income amounting to Rs.164.1 billion (approximately $ 1.4 billion).

In terms of exchange control regulations, foreign investments into the equity and capital market in Sri Lanka are routed through Securities Investment Accounts (SIA), maintained by licensed commercial banks, the bank said.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
Hilton hotel control in a limbo
SEC to rent three BOI floors; life back to normal at BOI
Massive Rs 32 bln loss due to traffic congestion:Transport expert
Shareholders unanimously approve NLF private placement
Ten more hospitals from Nawaloka
Unlikely events for tourists
Sampath keen to sell Union Bank stake
Dialog signs BOI agreement for local BPO
Net inflow of foreign investment was $459 mln in 2010
Martin Roll seminars: Panel of eminent Lankan CEOs discuss brands, strategy
Commemorative coin
Comment - Governance in the markets
Feature - What makes you to pay more for your food
Right of Reply - ‘BOI applications not processed’
Construction and manufacturing to drive 2011 stock profits
Lankan development bonds draw offers worth $204 mln
Growth in self-expressive products is surging in Sri Lanka
Achiever awards by CNCI held for past 10 years
Fitch upholds ETI's 'BB-(lka)' / stable
UK's Export Credit Guarantee raises exposure limit to Sri Lanka
HSBC Holdings' 2010 profit before tax up 169%
ICAEW envoy to visit Sri Lanka to strengthen ties with ICASL
Onerous task of serving more than 11,000 meals a day
Financial sector must keep up credit, improve risk and be well capitalised : CB Governor
Reducing size of Govt. won’t help budget deficits and debt : top intl economist
TFC moves towards stability devoid of MBSL
WSO2 technology helps top Ukraine bank
Sri Lanka to present National Green Awards for industrialists
Letter - Education issues
Women’s Chamber of Commerce and Industries formed in Trincomalee
Nawaloka Petroleum targets 10% market share for ‘Total’ lube oil
Free Lanka Capital Holdings divests 45% in private placement, IPO
Letter - Highway robbery by a former Ceylinco firm
Kalpitiya: Applicant raises concerns on cancelled tender bids
CISI launches Sri Lanka office
Parakrama to address Terminal Operators conference in China
Credit Suisse checks out Sri Lanka’s investment options
Long simmering dispute over Hilton ends

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution