Jim Rogers Joins Leopard Capital To Advise On Sri Lanka

Legendary hedge fund manager and commodities investor Jim Rogers has been outspoken about his belief that the future of investing lies in Asia. Now, the famed contrarian investor is turning his sights onto a corner of Asia that gets very little attention from overseas.
Rogers, who co-founded the Quantum Fund with George Soros, has joined Leopard Capital’s Sri Lanka advisory council, along with Marc Faber, whose Gloom, Boom and Doom Report newsletter covers unusual investment opportunities around the world.
Read Full Article

Jim Rogers looks for Investments opportunities in Sri Lanka

we all know that Jim Rogers is particularly bullish when it comes to Sri Lanka as great windows of opportunities have been opened with the end of a three decades war , few months ago , you also may know that the Sri Lankan stock market have rose a 80% since the beginning of this year which makes it the second best performing Asian market this year .... Few weeks ago Jim Rogers went to Sri Lanka to test the ground for some investment opportunities , Sri Lanka offers great opportunities in sectors like tourism agriculture fisheries and even mining ...The Lankan news paper Sunday Times wrote about Jim Rogers visit which was followed by that of Mark Mobius , the paper explains also in details the problems that are still halting the Sri Lankan economy from taking off :
"Despite the visit this week of high-profile, fund manager Dr Mark Mobius, following on the heels of investment guru Jim Rogers some weeks back, investment and business uncertainty lingers on.
With an election on the cards probably in January (presidential and parliamentary) and thereafter – before April 2010 – most investment managers and business firms have put their plans on hold. In fact, many companies have showed a reluctance to invest afresh or plough back profits even soon after the war in a decision unconnected to any political developments but to the continuing global financial crisis and slow consumer demand in Sri Lanka"
Read Sunday Times Article >>>>

Tamils for Obama warn Jim Rogers on investing in Sri Lanka

An organization called Tamils for Obama wrote a letter to Jim Rogers , warning him that his apparent plans to invest in Sri Lanka will involve him with an increasingly disreputable business partner as news of Sri Lankan government's mistreatment of its Tamil minority during and since the civil war inevitably filter out. This story names some of the damaging allegations the will probably make investing in Sri Lanka embarrassing.they claim that the Lankan government holds over 300,000 Tamil civilians in internment camps.
Jim Rogers recently made a quiet 3 day trip to Sri Lanka "which included meetings with top government officials," the Sunday Times Financial Times reported. "He met several government officials during a hitherto-unannounced visit," the Times reported. "'Yes, he was here and told me - during a long conversation - that he is very bullish on Sri Lanka,' said one official, who declined to be named" the Sunday Times FT added.

A spokesman for Tamils for Obama said "We told him in our letter that investing in Sri Lanka would have unwelcome consequences, consequences he has evidently not considered.

"What we actually wrote," the spokesman said, was "'Don't dive into that pool yet, Mr. Rogers. There are good reasons to avoid Sri Lanka and its bloody-handed government.'"

To see the entire letter go to: www.TamilsforObama.com/Letters/Rogers.html

See the original story at:http://www.prweb.com/releases/2009/09/prweb2910884.htm

Jim Rogers prefers Sri Lanka over India

Sri Lanka Is Asia's Best Performer

Sri Lanka Seeks Investors

"I have seen that when a long war like this ends, there rise enormous opportunities for investment." Jim Rogers, Forbes Magazine,
“When you spend a lot of money on bullets, you don’t get much return. If governments can spend money on infrastructure and developing productive assets, then Sri Lanka’s strengths will become even stronger given that the war is over.” Jim Rogers on Bloomberg,
Sri Lanka looks to Soros and Mobius to bolster market.
Sri Lankan economy grows 1.5% in first quarter and Soros, Mobius and Jim Rogers are among the investors eyeing investments in Sri Lanka. (The Bloomberg Edge)