Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Submit Post
සිංහල පරිවර්තනය

Display results as :


Rechercher Advanced Search

Latest topics

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Today at 3:34 pm

» CDB, Collect or Sell?
by ranferdi Today at 1:43 pm

by Gallardo Today at 1:31 pm

by Eugine Fernando Today at 12:42 pm

» AEL Declines to 20.9
by nirowat Today at 11:58 am

» ? Your Point Of View Before Telling My Experience ..
by Chanuque Today at 11:32 am

» LLUB for short term?
by MRF Yesterday at 10:09 pm

by nirowat Yesterday at 10:08 pm

by thankrishan Yesterday at 4:57 pm

» CFVF will cross 34/= level today ...
by thankrishan Yesterday at 4:56 pm

» CDB - Jounery Begun..
by mtsfernando Yesterday at 4:21 pm

» MACD A Powerful Tool to Predict Market Trends
by wiser Yesterday at 2:48 pm

» Market Sell Off
by DS Wijesinghe Yesterday at 1:18 pm

» Marriott International to open its first Sri Lankan hotel in 2014
by mahasona Yesterday at 12:09 am

» No confidence motion and CSE
by samaritan Tue Mar 20, 2018 11:19 am

by Ran49 Tue Mar 20, 2018 7:39 am

» Wiser's TA Chart Room
by EquityChamp Mon Mar 19, 2018 3:23 pm

» HVA March reports
by Yazaar92 Fri Mar 16, 2018 3:32 pm

» Earn 1.5% daily interest.. guaranteed..
by Uaecoindubai Fri Mar 16, 2018 5:19 am

» At least 30 % return within 30 days
by Theekshana Thu Mar 15, 2018 9:28 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » SL urged to improve investment climate with transparency and good governance

SL urged to improve investment climate with transparency and good governance

Go down  Message [Page 1 of 1]


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Sri Lanka requires to improve the investment climate with transparency and good governance for businesses to flourish. If not the economy will suffer immense fiscal pressures, Carmudi Sri Lanka Managing Director Firaz Markar said.

"The wider macro-economic factors, such as steady GDP growth, access to low cost credit, and a rising level of affluence within major demographics of Sri Lankan society, have combined to generate an unprecedented level of growth within the Sri Lankan automotive industry in the recent past , Markar told a media conference in Colombo on Thursday.

Sri Lanka’s pioneering online vehicle retailer,, released a ground-breaking new research white paper detailing the recent performance of the Sri Lankan automotive industry and an in-depth analysis into key trends in vehicle financing.

Among the key findings of the Carmudi white paper was the dramatic increase in registrations of new vehicles in 2015, which hit an all-time high of 4,990 vehicles in August 2015, as compared with the previous year, Markar said.

He said small cars, hybrids and full-electric vehicles were found to have displayed a rapid increase in popularity among Sri Lankan consumers in 2015.

"This is boosted by the volatility in state regulatory and import policy, which may be having a notable impact on demand as consumers look to secure the best possible deal on their purchases, he said.

Analyzing historical data, the newly released white paper, titled ‘Car Financing in Sri Lanka’, offers valuable insights into the overall performance of the vehicle retail industry.

Markar said there is today a considerable amount of debate with regard to the current levels of demand for vehicles in Sri Lanka and regulations are needed to effectively cope with such demand in a manner that is beneficial to all stakeholders.

"In that context, the release of this report is a timely development that we hope will shed some light on the current dynamics in Sri Lanka’s automotive industry and hopefully contribute towards the formation of an effective discussion on regulatory policy and other salient issues that are informed by hard facts, he said.

Markar noted that potential changes to vehicle taxation policies and a reversal on downward interest rate momentum could tip the balance of vehicle financing in favour of an alternate model where consumers may be forced to take on a larger proportion of the total cost of the vehicle, potentially signalling a shift in conditions for finance companies and banks.

"Recent events resulting in vehicle values going up have definitely affected the market. 

We see lower sales in vehicles since news broke of this increase. Interest rate changes are not expected to affect the market drastically due to it being a very nominal increase thus far.

"We will continue to monitor the market over the next month or so as dealers adopt a wait and see approach towards vehicle buyer intent, Markar added.


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum