{"id":16280,"date":"2017-03-31T18:23:36","date_gmt":"2017-03-31T18:23:36","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=16280"},"modified":"2017-03-31T18:23:36","modified_gmt":"2017-03-31T18:23:36","slug":"sri-lankan-melbourners-urged-give-back-investing","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/sri-lankan-melbourners-urged-give-back-investing\/","title":{"rendered":"Sri Lankan Melbourners urged to give back by investing"},"content":{"rendered":"<h1 style=\"text-align: center;\">Sri Lankan Melbourners urged to give back by investing<\/h1>\n<ul>\n<li style=\"padding-left: 30px;\"><span style=\"font-size: 20px;\">Unity Government\u2019s efforts to transform Sri Lanka with reconciliation and reforms underscored at packed CSE forum in Melbourne<\/span><\/li>\n<li style=\"padding-left: 30px;\"><span style=\"font-size: 20px;\">Attractive opportunities in capital market as well as real estate industry showcased to woo investments from Lankans living in Australia<\/span><\/li>\n<\/ul>\n<p><em><span style=\"font-size: 14px;\">By Nisthar Cassim in Melbourne<\/span><\/em><\/p>\n<p><span style=\"font-size: 20px;\">Sri Lankans living in Melbourne were yesterday urged to give back by investing in their motherland\u2019s future,   taking strength from the new transformation being initiated by the Unity Government through good governance and better economic policies.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">The emphatic message was conveyed at the well-attended Invest Sri Lanka forum in Melbourne,   Victoria which is home to the largest population of people of Lankan origin living in Australia. The event was organised by the Colombo Stock Exchange in partnership with several other stakeholders.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cIt is time to invest in Sri Lanka. You decided to leave Sri Lanka and come to a very efficient and prosperous economy such as Australia. But your brothers and sisters are in Sri Lanka and they need help,\u201d emphasised State Minister for National Policies and Economic Affairs Niroshan Perera at the Melbourne forum.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cAfter a 30-year war all Lankans living abroad can do best is to help their motherland by investing back in improving fundamentals and long-term consideration,\u201d he pointed out at the forum, held at the Novotel Melbourne Glen Waverley, drawing over 150 participants.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cWe need to move forward positively. Sri Lanka has been resilient and we are building a new Sri Lanka with greater unity and equal opportunities for all. This is the transformation that the Unity Government led by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe is leading the country to,\u201d State Minister Perera emphasised.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cYour ideas and your support are important to our country as we drive the future of our country forward,\u201d he told the packed Melbourne forum, which served to complete the CSE\u2019s first-ever investment promotion exercise in 12 years in Australia, which includes an engagement in Sydney on Monday.<\/span><\/p>\n<p><a href=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2017\/03\/Sri-Lankan-Melbourners-urged-to-give-back-by-investing.jpg\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-16281\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2017\/03\/Sri-Lankan-Melbourners-urged-to-give-back-by-investing.jpg\" alt=\"\" width=\"450\" height=\"280\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><em>State Minister for National Policies and Economic Affairs Niroshan Perera stresses a point during the panel discussion of the Invest Sri Lanka forum in Melbourne yesterday. Others from left are Fitch Ratings Lanka MD and CEO Maninda Wickramasinghe, SEC Director General Vajira Wijegunerwardane, Sri Lanka High Commissioner in Australia S. Skandakumar, CSE Chairman Vajira Kulatilaka and Central Bank Director of Economic Research Dr. (Mrs.) Yuthika Indraratne &#8211; Pic by Nisthar Cassim<\/em><\/p>\n<p><span style=\"font-size: 20px;\">State Minister Perera also urged Lankans living in Australia to recognise the enormous promise and potential of the emerging new Sri Lanka, built on the foundation of the Government\u2019s new agenda of administrative and economic reform. He gave assurances over the Government\u2019s pledge to facilitate investments and stimulate the establishment of transparent and well-governed institutions.<!--more--><\/span><\/p>\n<p><span style=\"font-size: 20px;\">He said the international community\u2019s response has been positive due to the progressive and pragmatic policies of the Unity Government in pursuing a balanced foreign policy approach.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cAll the countries are coming to Sri Lanka\u2019s support and this is a major achievement of the Unity Government. We have a bright future since all countries will work with us to make Sri Lanka prosperous and we should see a united country going forward,\u201d Perera reiterated.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cPost-election, the two major parties coming together to form the Unity Government allows for policy stability as opposed to being divided. I am not saying things are 100% fine but for the most part we have come up with the best policy for Sri Lanka to go forward,\u201d emphasised State Minister Perera.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">He also spoke about FTAs with China and Singapore while enhancing cooperation with India as well as mega Chinese investments and joint ventures under PPP including $ 1 billion for the Hambantota port as well as over $ 1 billion in building the Colombo Port City\/Financial City.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">\u201cWe need to be part of the global value chain and if you are not you can\u2019t bring wealth to Sri Lanka. We will also support domestic manufacturers,\u201d assured Perera.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">Sri Lanka\u2019s High Commissioner in Canberra Australia S. Skandakumar also echoed the sentiments expressed by the State Minister.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">While acknowledging the major contribution by Lankans to the development of the Australian economy as highlighted by the Canberra Government, the High Commissioner called upon Sri Lankans to consider attractive investment and employment generating opportunities back home where a sincere effort is being made to foster reconciliation and democracy.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">Skandakumar also noted that the investment promotion events were timely since Sri Lanka and Australia were celebrating 70 years of strong diplomatic ties.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">The conferences in Australia were held in partnership with several organisations and individuals including the Securities and Exchange Commission (SEC), the Sri Lanka High Commission in Canberra, Australia, Consul General in Sydney Lal Wickremetunga and Melbourne Prasanna Gamage, the Sri Lanka and Australia Chamber of Commerce and the Aus-Lanka Business Council.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">Existing foreign investors such as the CHEC Port City Colombo Ltd., Shangri-La, One Galle Face Colombo, and Indoocean Developers Ltd\/Altair supported the initiative while several stockbrokers and Sri Lankan companies attended the events as well.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">CSE Chairman Vajira Kulatilaka, SEC Director General Vajira Wijegunerwardane, Central Bank Director of Economic Research Dr. (Mrs.) Yuthika Indraratne and Fitch Ratings Lanka MD and CEO Maninda Wickramasinghe also addressed the Melbourne forum.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">Additionally, representatives from the Colombo Port City (Platinum Sponsor) One Galle Face by Shangri-La Hotels &amp; Resorts (Platinum Sponsor) and the luxury apartment development by Altair (Corporate Sponsor) made presentations to trigger foreign investments in the booming and attractive real estate and property industry in Sri Lanka.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">The main presentations were followed by a panel discussion moderated by CSE CEO Rajeeva Bandaranaike and several Lankan Melbourners sought further clarifications from the officials about opportunities and prospects.<\/span><\/p>\n<p><span style=\"font-size: 20px;\">The fresh push to woo international investor interest will shift to New Zealand on Saturday with a forum at the Fickling Convention Centre, Auckland in association with the Sri Lankan New Zealand Business Council.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lankan Melbourners urged to give back by investing Unity Government\u2019s efforts to transform Sri Lanka with reconciliation and reforms underscored at packed CSE forum in Melbourne Attractive opportunities in capital market as well as real estate industry showcased to woo investments from Lankans living in Australia By Nisthar Cassim in Melbourne Sri Lankans living [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-16280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-articles"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sri Lankan Melbourners urged to give back by investing<\/title>\n<meta name=\"description\" content=\"Sri Lankan Melbourners urged to give back by investing\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sri Lankan Melbourners urged to 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