Speech made November 22 I have consistently recorded my opposition to Minister of Finance being the President. From 2010 onwards in this House, whenever the President in his capacity as Minister of Finance has presented a budget I have recorded that protest and I wish to record that today as well. When a person who […]
- Reconstitution of COPE, COPA in limbo (Category: Breaking News)
- BASL: If 21A fails, that will adversely affect future law reform initiatives (Category: Breaking News)
- Interim Budget passed (Category: Breaking News)
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ජාත්යන්තර මූල්ය අරමුදල 2007දී එවකට පැවති ආණ්ඩුවට ලබා දී තිබෙන නිර්දේශයක් අනුව යමින් සේවක අර්ථ සාධක අරමුදල සහ සේවා නියුක්තිකයන්ගේ […]The post හොර රහසේම අර්ථසාධකේ (EPF) විකිණීමේ සූදානමක්! appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
The Employees Provident Fund (EPF), the largest social security scheme in Sri Lanka, has suffered massive losses due to the investments made in listed and unlisted companies, a new report compiled by the Auditor General s Department revealed.
By Sanath Nanayakkare Leading rice miller, Lankeshwara Mithrapala says he has suspended purchasing paddy because it is not proper to purchase paddy from farmers at prices lower than Rs. 120 per kilo, and if he did purchase at that price, he would have to absorb a loss of Rs. 23 from each kilo of rice. […]
- Paddy cultivators complain of exploitation by traders (Category: Breaking News)
- Govt.’s Purchasing Mechanism Criticized (Category: Breaking News)
- New tax puts small-time rice millers out of business (Category: Breaking News)
- Farmers Protest (Category: Breaking News)
Fear of a DDR/IFR event drive rates even higher
- Sri Lanka central bank US$4.0bn in debt by March 2022 (Category: Breaking News)
- Sri Lanka central bank busts US$9.8bn since Feb 2020 to suppress rates, for stimulus (Category: Breaking News)
- Sri Lanka’s Central Bank Governors should be restrained by law, not given independence (Category: Breaking News)
- Sri Lanka will have to print money unless taxes are raised: CB Governor (Category: Breaking News)
Minister Kanchana Wijesekera has publicly stated that the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB) have employees far in excess than required for the normal functioning of these institutions. For instance, Ceylon Petroleum Storage Terminals Ltd., has 4,200 employees where only 500 are required, and the CEB has around 26,000 employees when […]
- Union blames loss-making state ventures on governments using them as job banks (Category: Breaking News)
- Prove worthiness (Category: Business)
- About Rs 3 bn paid as OT during past few months (Category: Breaking News)
- Electrifying losses (Category: Business)
‘Utterly corrupt process implemented at country’s expense’ By Shamindra Ferdinando Dissident SLPP lawmaker Dr. Nalaka Godahewa has warned of clandestine moves to sell off profitable ventures in the state sector.Addressing the media in Colombo on Wednesday (24), the Gampaha District MP alleged that instead of restricting loss making ventures, interested parties seemed hell-bent on divesting […...
- Godahewa sounds alarm over attempts to privatise profitable Insurance Corporation (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
- SLIC celebrates 61st anniversary… (Category: Breaking News)
- Initial consensus among MPs on recovery plan (Category: Breaking News)
By Sirimatha Rathnasekera The Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) will lose about 600 billion rupees during the proposed domestic debt structuring, Co-Convener of the JVP affiliated National Trade Union Centre (NTUC) Wasantha Samarasinghe claimed. Samarasinghe
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- Inland Revenue and Appropriation Acts to be amended in line with debt restructuring (Category: Breaking News)
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- Sri Lanka President revises budget amid inflationary blow off (Category: Breaking News)
Video: News1st EPF incurred a loss of 10.4 billion rupees - The 2012 annual report of EPF reveals
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
Currency depreciation inflates an economy and imposes a 'hair cut' on domestic debt by reducing purchasing power
- Sri Lanka 3-month Treasuries yield up 107bp, not all offered bills sold (Category: Breaking News)
- Sri Lanka’s Commercial Bank profits up 73-oct in March 2022 quarter (Category: Breaking News)
- Sri Lanka rejects bids for 2025 bonds, some 2029 bonds sold (Category: Breaking News)
- Sri Lanka Treasuries auction fails over re-structuring fears (Category: Breaking News)
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
- Did The NOCPCO Fail To Install A Trip Switch Before Releasing Prisoners? (Category: Breaking News)
- Is Post-Crisis Essential Reforms Being Effectively Progressed? If Not What Is The Way Forward? (Category: Breaking News)
- Mr. President, Dawn Of The New Year Is The Time For Reflection & To Redress Citizens Grievances ... (Category: Breaking News)
- Draft Anti-Corruption Law; Urgently Required Additional Law Reforms: An Open Letter To Minister ... (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
Photo courtesy of Longitude 80 The estate sector, a high foreign exchange earner for the country, is undergoing a severe crisis. On one hand, estate workers are underpaid and forced to live...
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- “Tea Is The Most Affordable Luxury,” Says The Sri Lanka Tea Board. How So? On Whose Toil? (Category: Breaking News)
[…] The post Banks, Fitch Ratings, NPLs & Impairments! appeared first on Colombo Telegraph.
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- Ministry Of Finance, Economic Stabilization & National Policies (Category: Breaking News)
- An Open Letter To Securities Exchange Commission On MTD Walkers Issue (Category: Breaking News)
- An Open Letter To Securities Exchange Commission On MTD Walkers Issue (Category: Breaking News)
[…] The post Rupees 1000 – Is It Such An Insurmountable Barrier ? appeared first on Colombo Telegraph.
- Rupees 1000 – Is It Such An Insurmountable Barrier ? (Category: Breaking News)
- Nation Cast Out Of Paradise Reemerges (Category: Breaking News)
- Government threatens to reevaluate or terminate deal with plantation companies (Category: Breaking News)
- Government threatens to reevaluate or terminate deal with plantation companies (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
[…] The post Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed appeared first on Colombo Telegraph.
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Extension Of Retirement Age Is Desirable But Wider Social Security Issues Must Be Addressed (Category: Breaking News)
- Child’s Guide To How Ranilnomics Should Be Designed & Implemented (Category: Breaking News)
Photo courtesy of Longitude 80 The estate sector, a high foreign exchange earner for the country, is undergoing a severe crisis. On one hand, estate workers are underpaid and forced to live...
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- Alternative Models to Improve Lives of Estate Workers (Category: Breaking News)
- “Tea Is The Most Affordable Luxury,” Says The Sri Lanka Tea Board. How So? On Whose Toil? (Category: Breaking News)
[…] The post Banks, Fitch Ratings, NPLs & Impairments! appeared first on Colombo Telegraph.
- Banks, Fitch Ratings, NPLs & Impairments! (Category: Breaking News)
- Ministry Of Finance, Economic Stabilization & National Policies (Category: Breaking News)
- An Open Letter To Securities Exchange Commission On MTD Walkers Issue (Category: Breaking News)
- An Open Letter To Securities Exchange Commission On MTD Walkers Issue (Category: Breaking News)
[…] The post Rupees 1000 – Is It Such An Insurmountable Barrier ? appeared first on Colombo Telegraph.
- Rupees 1000 – Is It Such An Insurmountable Barrier ? (Category: Breaking News)
- Nation Cast Out Of Paradise Reemerges (Category: Breaking News)
- Government threatens to reevaluate or terminate deal with plantation companies (Category: Breaking News)
- Government threatens to reevaluate or terminate deal with plantation companies (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
COLOMBO (News1st): An opposition lawmaker has criticized plans to extend the compulsory retirement age of employees, citing it as an effort to delay payments under a savings scheme in the country. Under the Employees Provident Fund (EPF) – a social security scheme introduced in 1958 –
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
- Employee retirement age hiked to delay EPF payments : Harsha De Silva (Category: Breaking News)
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