By Sanath Nanayakkare
"There’s a growing middle class in the provinces and that segment should be attracted to the Colombo Stock Exchange to invest in John Keells Holdings, corporate debt market etc., going beyond plain vanilla investment instruments to Neapolitan varieties such as derivatives, Deputy Minister of Policy Planning and Development, Harsha de Silva said at the Colombo Stock Exchange (CSE) yesterday.
He said so as the CSE launched a special opening of the trading day at the CSE to mark the visit of Dato Samy Vellu, Malaysian Indian politician who was the Works Minister of Malaysia and the longest serving minister in the Cabinet of Malaysia until 2008.
"To make this desirable outcome possible, people across the country need to be able to trust the operations of the CSE. It should be clear to them that the chances of making or losing money in the Stock Market are fair and square. Effective regulation of stock trading and expansion of available investment instruments can make it happen".
"It’s time the CSE went from plain vanilla to Neapolitan with complex investment instruments, such as, derivatives. No longer should we be comparing ourselves with the performance of South Asian countries. It’s time to benchmark our standards with East Asia, Europe and the USA. We are running the ‘policy shop’ in that direction. The CSE needs to be competitive and just in its trading to ensure not only economic justice but also social justice, the deputy minister said.
Neapolitan ice cream is made up of blocks of vanilla, chocolate, and strawberry ice cream side by side.
www.island.lk
"There’s a growing middle class in the provinces and that segment should be attracted to the Colombo Stock Exchange to invest in John Keells Holdings, corporate debt market etc., going beyond plain vanilla investment instruments to Neapolitan varieties such as derivatives, Deputy Minister of Policy Planning and Development, Harsha de Silva said at the Colombo Stock Exchange (CSE) yesterday.
He said so as the CSE launched a special opening of the trading day at the CSE to mark the visit of Dato Samy Vellu, Malaysian Indian politician who was the Works Minister of Malaysia and the longest serving minister in the Cabinet of Malaysia until 2008.
"To make this desirable outcome possible, people across the country need to be able to trust the operations of the CSE. It should be clear to them that the chances of making or losing money in the Stock Market are fair and square. Effective regulation of stock trading and expansion of available investment instruments can make it happen".
"It’s time the CSE went from plain vanilla to Neapolitan with complex investment instruments, such as, derivatives. No longer should we be comparing ourselves with the performance of South Asian countries. It’s time to benchmark our standards with East Asia, Europe and the USA. We are running the ‘policy shop’ in that direction. The CSE needs to be competitive and just in its trading to ensure not only economic justice but also social justice, the deputy minister said.
Neapolitan ice cream is made up of blocks of vanilla, chocolate, and strawberry ice cream side by side.
www.island.lk
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