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- lankanewspapers.com - Category : Breaking News - Relavancy : 4.1389055

Around 96 percent of the government s total borrowing requirement via Treasury bonds in 2011 came fr..

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.06692667

2014 T Bond Yield Goes Below One Year T Bill Rate In Secondary Market The rupee further strengthened at Friday’s (September 21) trading due to a mix of sluggish import demand and possible foreign investment in the Government Bond market, a source told this newspaper. As a result, the exchange rate (ER) strengthened by 25 ...

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- colombopage.com - Category : Breaking News - Relavancy : 0.50610405

Sept 20, Colombo: Sujeewa Senasinghe, a parliamentarian of Sri Lanka's main opposition United National Party (UNP) today lodged a complaint with the Commission to Investigate Allegations of Bribery or Corruption against the investment of Employees' Provident Fund (EPF) and Employees' Trust Fund

- www.ft.lk - Category : Business - Relavancy : 4.730178

The Opposition yesterday charged in Parliament that the Government was deliberately evading questions on the Employees Provident Fund (EPF) due to “shady investments” after the issue was postponed for a fifth time. United National Party (UNP) MP Dr. Harsha de Silva told the Daily FT

- www.ft.lk - Category : Business - Relavancy : 0.17103153

By Saman Gunadasa World Socialist Web Site: A scandal over the manipulation of shares on the Colombo Stock Exchange has erupted in recent weeks, after former Sri Lankan Securities Exchange Commission (SEC) Chairman Thilak Karunaratne accused Government ministers of acting in league with speculators. Karunaratne was pressured by President Mahinda Rajapaksa to quit his position, ...

- lankanewspapers.com - Category : Breaking News - Relavancy : 3.5476334

Amidst a number of questionable investments in the Colombo Stock Exchange, the Employee s Provident ..

- www.ft.lk - Category : Business - Relavancy : 4.1389055

The National Chamber of Commerce of Sri Lanka will hold a half day Seminar on EPF/ETF  and Employee Benefits on Tuesday 18 September from 1.30p.m to 5.30p.m at  the NCCSL  Auditorium, 450 D.R. Wijewardene Mawatha, Colombo 10. The objective of this seminar is to explain the benefits

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- www.ft.lk - Category : Business - Relavancy : 0.27042457

I am very disturbed by what I have read in your paper and in the independent media about what is going on in the stock market. Scandals and many unwanted deals have happened in the recent past. To name a few the Greek bonds loss, NSB being forced to buy a stake in bankrupt The Finance ...

- www.ft.lk - Category : Business - Relavancy : 0.21378942

By Cassandra Mascarenhas The Government eServices project spearheaded by the ICT Agency of Sri Lanka celebrated a landmark achievement last evening, launching 22 important eGovernment services, further strengthening the country’s Government sector by making public services easily accessible to the citizens of Sri Lanka via the internet and mobile communication systems. Presidential Secretary...

- www.ft.lk - Category : Business - Relavancy : 0.15297525

UNP MP Dr. Harsha de Silva yesterday issued the following statement on the new appointments to the Securities and Exchange Commission (SEC): Is the Government’s message to go ahead and engage in fraud at the CSE without worrying about getting caught?  If the Minister of Finance was genuinely concerned in re-establishing a fair and equitable ...

- www.ft.lk - Category : Business - Relavancy : 0.09560953

The rebound in the Colombo stock market gathered further momentum yesterday, with retailers remaining and those with improved sentiments reinvesting gains from mid-day profit taking. The latter was evident as the market originally rose sharply with ASI up 0.8% and MPI by 1.1% and thereafter slowed down before gaining upwards once again. Throughout the day, ...

- www.ft.lk - Category : Business - Relavancy : 0.07648762

 Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.15297525

Last week’s weekly Treasury (T) Bill auction saw  yields continuing with their upward ascent, with the weighted average yields (WAYs) for 182 and 364 day T Bills rising by seven and four basis points (bps) to 13.02% and 13.27% respectively. However the WAY for the 91 day T Bill stagnated at the 11.36% level, which ...

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- www.ft.lk - Category : Business - Relavancy : 0.13385335

Keheliya says Finance Ministry could probe SEC Chief’s claims; Harsha wants action By Uditha Jayasinghe In the wake of Securities and Exchange Commission Chairman Tilak Karunaratne resigning, the Government yesterday said that it would consider the possibility of introducing legislation to curb white collar crimes. Responding to questions at the weekly Cabinet briefing, Media Minister ...

- www.ft.lk - Category : Business - Relavancy : 0.22946286

By Lakmal Sooriyagoda Several leading private and State institutions have defaulted in the payment of Rs. 1.22 billion owed to their employees, according to Labour Department sources. The department has filed more than 3,600 Court cases against the employers who had violated regulations that come under the Budgetary Relief Allowances Act, Employees’ Provident Fund Act, ...

- www.ft.lk - Category : Business - Relavancy : 4.730178

UNP MP Dr. Harsha de Silva yesterday admitted that so far no investigations had commenced by SEC with regard to EPF’s investments in the stock market. “The UNP has proposed a Parliamentary Select Committee to investigate EPF dealings in the stock market,” he said in response

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- www.ft.lk - Category : Business - Relavancy : 0.13385335

Point of view By a market participant The investors were compelled to wait nearly 17 years to reap the benefit of a real bull run in 2009 after the elimination of the LTTE terrorism and how the SEC destroyed it within a one-and-a-half year period due to ill conceived, irresponsible decisions is well known and ...

- colombopage.com - Category : Breaking News - Relavancy : 0.60732484

Aug 15, Colombo: A private sector trade union in Sri Lanka is considering initiating legal action to call for an investigation into the investments made using monies from the private sector retirement fund, Employees' Provident Fund (EPF).

- www.ft.lk - Category : Business - Relavancy : 0.03824381

By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...

- colombopage.com - Category : Breaking News - Relavancy : 0.50610405

Aug 12, Colombo: The private sector trade union in Sri Lanka, the Inter Company Employees' Union (ICEU) says the government is once again attempting to introduce a private sector pension scheme to pilfer the monies in the private sector retirement fund, Employees' Provident Fund (EPF).

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- colombopage.com - Category : Breaking News - Relavancy : 2.9563613

Aug 10, Colombo: Attorney General of Sri Lanka has informed the Supreme Court yesterday that the opposition United National Party (UNP) parliamentarian Mangala Samaraweera has not deposited the Employees' Provident Fund (EPF) monies for the journalists and other staff of the website office

- www.ft.lk - Category : Business - Relavancy : 2.9563613

Tabling a recent communication by the EPF accusing that attacks on the EPF have been stepped up since December 2011 by a “particularly vociferous US-linked anti-China opposition MP carrying out a contract for unspecified foreign interests to wrest control of the EPF to private parties

- www.ft.lk - Category : Business - Relavancy : 0.15297525

By Ashwin Hemmathagama Our Lobby Correspondent The Government has been repeatedly mentioning that the economy is in sound condition and reserves are very securely and lucratively invested. However, UNP MP Ravi Karunanayake moving yesterday’s adjournment motion accused the Government of robbery." “On examination of the state of the economy we find that the Government, especially ...

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- www.ft.lk - Category : Business - Relavancy : 0.15297525

By Chamitha Kuruppu UNP Parliamentarian Sujeewa Senasinghe yesterday filed a Fundamental Rights case against the Central Bank Governor at the Supreme Court challenging the prudence of Greek bond investments.   Speaking to the Daily FT MP Senasinghe said, “I am seeking an interim injunction for them (the Central Bank) not to invest any more money ...

- www.ft.lk - Category : Business - Relavancy : 0.11473143

Independence from the Executive for the Securities and Exchange Commission (SEC) and greater powers as well as regulation were among issues which had surfaced at yesterday’s meeting between the capital market regulator and the Committee on Public Enterprises (COPE) as exclusively reported by the Daily FT. The need for a hands-off approach by the Executive ...

- www.ft.lk - Category : Business - Relavancy : 0.11473143

D.E.W. Gunasekara says it is routine with 2010 Annual Report as subject; Ravi K says will take up reversed NSB-TFC deal and other stock market illsThe Chairman and Commissioners of the Securities and Exchange Commission (SEC) will appear before the Committee on Public Enterprises (COPE) today when Opposition is likely to query on ill doings ...

- colombopage.com - Category : Breaking News - Relavancy : 2.365089

Aug 05, Colombo: Several trade unions in Sri Lanka are to meet tomorrow to decide on the action to be taken against the alleged misuse of Employment Provident Fund (EPF) monies.

- sundaytimes.lk - Category : Breaking News - Relavancy : 4.1389055

  A grouping of 22 trade unions from both the state and private sector are to meet on Monday to discuss an action plan in connection with the alleged misuse of workers Employment Provident Fund (EPF) monies.   Anton Marcus with the Free Trade Zones & General Services Employees Union (FTZGSEU

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- adaderana.lk - Category : Video - Relavancy : 2.9563613
- www.ft.lk - Category : Business - Relavancy : 0.43813792

A country could be considered as prosperous only when its artistes and working class are leading a satisfactory life. It is the duty of the Government and the Opposition to ensure that workers rights are safeguarded. From time to time, benefits should be revised and proper relief measures be taken at times of distress. At ...

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