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- colombopage.com - Category : Breaking News - Relavancy : 0.5061033

Jan 26, Colombo: A legislator of Sri Lanka's main opposition United National Party (UNP) has accused the government of using the monies from the Employees Provident Fund (EPF), country's major retirement fund for the employees in the corporate and private sector, to carry out development

- www.ft.lk - Category : Business - Relavancy : 0.0764875

To focus on skills development, trade, investment, sustainable development and business excellence to sustain GDP growth rate of 8%Following is the address delivered by National Chamber of Commerce of Sri Lanka President Asoka Hettigoda at the NCCSL’s 53rd Annual General Meeting Ayubowan, good evening. Let me extend a warm welcome to all of you to ...

- colombopage.com - Category : Breaking News - Relavancy : 0.6073239

Jan 18, Colombo: The Sri Lankan parliament today passed an amendment bill that would affect the Employees Provident Fund (EPF), country's major retirement fund for the employees in the corporate and private sector.

- www.ft.lk - Category : Business - Relavancy : 4.138899

(EPF) that will be presented in Parliament today, ...

- www.ft.lk - Category : Business - Relavancy : 4.7301702

THE proposed amendments to the Employees Provident Fund (EPF) have created a much-needed discussion forum on pension funds and their benefits, while also bringing several crucial points into the limelight. Experts have pointed out that if the Government is genuinely keen on maximising returns

- srilankamirror.com - Category : Breaking News - Relavancy : 4.7301702

Srilankamirror - The Sri Lanka Transport Services Union says the Sri Lanka Transport Board (SLTB) has failed to make payments amounting to Rs. 14,000 million due as EPF payments of its employees. The payments have not been made for the period between June 2010 till May 2011, Secretary

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- lankastandard.com - Category : Breaking News - Relavancy : 0.0764875

‘A ruler with a depleted treasury eats into the very vitality of the citizens and the country. A ruler, who impoverishes his own people or angers them by unjust exactions will also lose their loyalty Impoverishment, greed and dissatisfaction are engendered among the subjects, when the ruler among other things (i) fails to give what ought ...

- colombopage.com - Category : Breaking News - Relavancy : 2.9563565

Jan 15, Colombo: Sri Lanka's main opposition United National Party (UNP) and Marxist party Janatha Vimukthi Peramuna (JVP) have expressed concerns over the proposed amendments to the Employees' Provident Fund (EPF) Act.

- srilankamirror.com - Category : Breaking News - Relavancy : 4.7301702

Srilankamirror - UNP MP Dr. Harsha de Silva says the Employees’ Provident Fund (EPF) would be summoned before the Public Accounts Committee (PAC) in parliament to explain its accounts. He told Sri Lanka Mirror that the EPF has failed to submit the audited reports for 2010

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.06692656

Last week there were more stories making the rounds on contemplated decisions made outside the cabinet meeting than decisions made inside. Of course, the usual briefing on cabinet decisions were spelled out, Thursday afternoon. For a regime that still wants to boast it has popular support, comparing itself to an opposition fractured and quarrelling red and green, it is ...

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- www.ft.lk - Category : Business - Relavancy : 0.06692656

If the Governor of Central Bank has an urge to enter politics, he should come to Parliament without playing politics inside the CB, charges United National Party Parliamentarian and well-known Economist Dr. Harsha de Silva. Dr. de Silva notes that Governor Nivard Cabraal should respect the sanctity of the Central Bank and therefore if Cabraal ...

- colombopage.com - Category : Breaking News - Relavancy : 0.6073239

Jan 09, Colombo: Sri Lanka’s main opposition United National Party (UNP) has called on the government to submit the audit reports of the Employees' Provident Fund (EPF) to parliament.

- colombopage.com - Category : Breaking News - Relavancy : 0.6073239

Jan 06, Colombo: The main opposition of Sri Lanka United National Party (UNP) has called on the government to postpone the presentation of amendments to the Employees' Provident Fund (EPF) Act.

- colombopage.com - Category : Breaking News - Relavancy : 0.8588857

Jan 06, Colombo: Labor Minister of Sri Lanka Gamini Lokuge says the proposed amendment to the Employees Provident Fund (EPF) Acts to empower the Labor Commissioner to set up a private sector pension scheme for workers not covered by the EPF, has been removed.

- www.ft.lk - Category : Business - Relavancy : 0.6073239

Fund (EPF), the Central ...

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- colombopage.com - Category : Breaking News - Relavancy : 2.3650851

Jan 04, Colombo: Private sector trade unions in Sri Lanka say the government is trying once again to swindle monies in the retirement fund of the private employees, the Employees' Provident Fund (EPF).

- www.ft.lk - Category : Business - Relavancy : 0.09560937

Dinesh tipped to be appointed Chairman; Dheerasinghe as Deputy; business leader Preethi new face on the Board Commercial Bank is slated to have a special Board meeting today, the second in three days, to elect a new Chairman. The move follows the resignation of longstanding Chairman and Board member Mahendra Amarasuriya, as exclusively reported by ...

- www.ft.lk - Category : Business - Relavancy : 0.09560937

Senior business leader and longstanding Board member Mahendra Amarasuriya yesterday resigned as Chairman of Commercial Bank Plc a move which is likely to evoke mixed reactions in banking and corporate circles. Amarasuriya, a highly respected corporate figure, announced his resignation during a Board meeting of Commercial Bank yesterday, throwing open the mantle of leadership at ...

- www.ft.lk - Category : Business - Relavancy : 0.18929689

The Pathfinder Foundation issued the following response to the IFC opinion piece on its Economic Alert No. 20 titled ‘Improving Sri Lanka’s Business Climate,’ published in the Daily FT: The Pathfinder Foun-dation (PF) is grateful to the International Finance Corporation (IFC) – World Bank (WB) office in Colombo for the substantive comments that it published ...

- news360.lk - Category : Breaking News - Relavancy : 0.19121873

Fitch Ratings has affirmed Sri Lanka’s Housing Development Finance Corporation Bank’s National Long-Term rating at ‘BBB+(lka)’. The “Outlook” Fitch says is Stable. At the same time, the agency has affirmed the bank’s outstanding senior unsecured redeemable debentures at ‘BBB+(lka)’. The ratings reflect HDFC’s demonstrated ability to contain interest rate risk b...

- www.ft.lk - Category : Business - Relavancy : 0.26496047

With reference to Pathfinder Foundation article titled ‘Improving Sri Lanka’s Business Climate’ published on 21 December, the International Finance Corporation (IFC)Country Manager – Sri Lanka and Maldives Adam Sack has sent the following response: I write with reference to the article above in yesterday’s Daily FT by the Pathfinder Foundation – in which there a...

- www.ft.lk - Category : Business - Relavancy : 0.19121873

Most recent Deputy Governor of the Central Bank K.G.D.D. Dheerasinghe has been appointed to the Board of Commercial Bank Plc as a Non Executive Director. The appointment with effect from 20 December was announced by the Commercial Bank yesterday whilst the Daily FT first broke the impending move a week ago. Dheerasinghe retired from the ...

- www.ft.lk - Category : Business - Relavancy : 0.1159202

The Pathfinder Foundation with the assistance of Volunteers for Economic Growth Alliance (VEGA) and USAID, recently commissioned a study to identify the policy and regulatory reforms that are required to make Sri Lanka a leading country in investor friendliness. Improving the business climate is not an end in itself. A better business environment is a ...

- colombopage.com - Category : Breaking News - Relavancy : 0.6073239

Dec 18, Colombo: Trade unions affiliated to the private sector in Sri Lanka say that the proposed amendments to the Employees' Provident Fund (EPF) Act have not been presented to the National Labor Advisory Council (NLAC) for discussion and approval by all stakeholders.

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.09560937

Market’s illiquid state compounded by seasonal demand for money, coupled with the lack of confidence in the establishment that is also driving demand for US dollars ($s) and rates as well, forced Central Bank of Sri Lanka (CBSL) to hold a reverse repo auction on Friday (December 16) to tide over the situation Overnight (O/n) ...

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- colombopage.com - Category : Breaking News - Relavancy : 3.5476277

Dec 16, Colombo: Labor Minister of Sri Lanka Gamini Lokuge says the government would present amendments to the Employees' Provident Fund (EPF) Act to parliament next year.

- lankastandard.com - Category : Breaking News - Relavancy : 0.0764875

‘O cursed lust of gold\, to what canst thou not compel the heart of man!’ - Virgil Aenid (greed) This column dedicated to the notion of making Sri Lanka the Wonder of Asia turns its spotlight today on the dreadful suffering of Sri Lankans due to the fraudulent activities of persons masquerading as great philanthropists thereby building public ...

- www.ft.lk - Category : Business - Relavancy : 0.152975

To better harness the post-war rebound in tourism, The Lighthouse Hotel is to add more rooms. The Company’s Board of Directors last week resolved to expand the hotel by the construction of 15-20 new rooms, a new restaurant, and a new bar with an extension to the spa under the expansion plan of the Company ...

- srilankamirror.com - Category : Breaking News - Relavancy : 4.7301702

Srilankamirror - Deputy Finance Minister Geetanjana Gunawardena says that monies in the Employees Provident Fund (EPF) have been deposited in several private banks. He has told parliament that EPF monies have not been used to buy shares of any private banks. He has noted that monies

- colombopage.com - Category : Breaking News - Relavancy : 0.6073239

Dec 03, Colombo: Deputy Finance Minister of Sri Lanka Gethanjana Gunawardena says that monies in the Employees Provident Fund (EPF), the retirement fund of Sri Lankan workers, have been invested in several private banks.

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