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Empower Board for SMEs on CSE



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The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) last week announced the launch of "Empower" - the SME Board to attract Small and Medium Enterprises (SMEs) to the CSE.

As the apex regulator of the Capital/Stock market, the SEC will expedite the launch of the "Empower" - SME Board, thus creating a platform to attract SMEs to the Colombo Stock Exchange (CSE), SEC said in a news release.

Under a programme to launch a series of new Capital Market Development Initiatives proposed by the new SEC Chairman, Ranel T Wijesinha, this launch, will for the first time in the history of the country and the history of the SEC and CSE, establish a dedicated platform for the SMEs.

Chairman SEC, Ranel Wijesinha says: "In essence what we wish to achieve can be summarized by the theme: "Empowering Entrepreneurship, Making the Capital Market work for the SMEs."

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