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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 ...
- Money Market’s Illiquid Status Deepens (Category: Breaking News)
- Money Market, ER Management, Full Marks To CBSL (Category: Breaking News)
- Stage Set For FDI Inflows (Category: Breaking News)
- CBSL Rekindles War Memories (Category: Breaking News)
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
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 ...
- Hike Stalled (Category: Breaking News)
- Yields Move Up (Category: Breaking News)
- Market Expects Rate Hike (Category: Breaking News)
- Rate Status (Category: Business)
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).
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).
- Early Action (Category: Business)
- Investment Mandate (Category: Business)
- Uptrend (Category: Business)
- Credit Status (Category: Business)
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
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.
But Market’s Illiquid Status Of Such, Drawback In a depressed market, such as that which is facing the Colombo bourse today, the time however is ripe for investors to buy good stocks at bargain prices an economist said. Amal Sanderatne, Director, Frontier Research (Pvt.) Ltd., addressing a seminar on the economy with a focus on ...
- Mafia Manipulates Bourse (Category: Breaking News)
- Bourse’s Volatility Here To Stay (Category: Breaking News)
- Politicos , Brokers ; Bourse’s Tailwind (Category: Breaking News)
- Broker Credit Drives Up Market (Category: Breaking News)
Jun 28, Colombo: Sri Lanka's main opposition United National Party (UNP) says that the private sector pension fund, the Employees' Provident Fund (EPF) has lost over Rs. 12 billion in its investments in the Colombo Stock Exchange.
Jun 27, Colombo: Sri Lanka's private sector retirement instrument, the Employees' Provident Fund (EPF) has welcomed the clarification made by Standard and Poor's (S&P) today that there was no information of any specific incidences occurring of a potential conflict of interest due to the Central
Hambantota is claimed to be an ‘emerging hub’ of various sorts – shipping, aviation, tourism, industrialisation, cultural and international sports of various kinds. An unfortunate feature appears to be that in recent years it is emerging to be an epicentre of domestic political crime. A harbinger to this regrettable development was on the eve of ...
- Hold funerals in a peaceful manner Magistrate orders (Category: Breaking News)
- Two killed in shooting at JVP rally (Category: Breaking News)
- Shooting at JVP meeting; two killed (Category: Breaking News)
- We demand Secretary to the Ministry of Defence be removed from post immediately - Mangala Samara... (Category: Breaking News)
Jun 22, Colombo: Sri Lanka's Opposition Leader Ranil Wickremasinghe has asked the government to disclose the present position of investments made by the country's private sector retirement funds, Employees Provident Fund (EPF) and Employees Trust Fund (ETF).
Jun 21, Colombo: Responding to a statement made by the rating agency Standard & Poor on the country's private sector retirement fund, Employees' Provident Fund (EPF), the Central Bank Wednesday said that there is no conflict of interest as a result of the EPF investing in shares of banks.
, Employees Provident Fund (EPF).
- Facebook Privacy Becoming Harder To Protect (Category: USA, Georgia)
- Bus strike called off (Category: Breaking News)
- Complaints to Sri Lanka Elections Commissioner of misusing private buses for elections (Category: Breaking News)
- No increase in bus fares Minister (Category: Breaking News)
Jun 12, Colombo: A parliamentary committee appointed by the leader of Sri Lanka's main opposition United National Party to inquire into the widespread allegations of irregularities in managing the private sector retirement fund, Employees' Provident Fund (EPF), is to hand over its report next week
“The demoralising, destructive character of the patriotic degeneracy….” Sebastian Haffner (Germany: Jekyll and Hyde) By Tisaranee Gunasekara It was the Oxford Debacle all over again. The events were drearily predicable. Sri Lanka, like every Commonwealth nation, received an invitation for the Diamond Jubilee celebrations of Queen Elizabeth II. President Rajapaksa, unlike most Commonwealth leaders,...
- Protest stage in London against the arrival of President Rajapaksa (Category: Breaking News)
- President leaves for UK (Category: Breaking News)
- Commonwealth parliamentary session to be held in SL (Category: Breaking News)
- Sri Lanka President Rajapaksa to be guest of honour at CWG closing (Category: Breaking News)
Sri Lanka’s Employees’ Provident Fund which is the largest private pension fund in the country once again reiterated that it has diligently followed all internal guidelines in relation to the assessment, analysis and investment in the Stock market. It also says the investments it had made in the stock market had the approval of the Investment ...
- UNP vows to prove the truth (Category: Business)
- Should the EPF gamble with public money by investing on junk Stocks (Category: Breaking News)
- EPF and ETF tangled up! (Category: Business)
- EPF reiterates it has followed Investment Policy Guidelines (Category: Business)
Jun 03, Colombo: Sri Lanka's main opposition United National Party (UNP) has appointed a committee to study and make proposals on the private sector retirement fund, Employees' Provident Fund (EPF), monies that have been lost due to bad investments in the Colombo Stock Exchange (CSE).
The Central Bank has said that the Employees Provident Fund is safe and it is not exposed to any danger. Superintendent of EPF of the Central Bank Kalyani Gunatllake stressed that the propaganda, being spread by certain opposition groups is baseless. Certain political groups in the opposition
- EPF’s response to S&P’s Statement (Category: Business)
- Building of the Asian model begins on a disastrous note: 3 lakhs lose their jobs in one year!! ... (Category: Breaking News)
- Sri Lanka Central Bank responds to S&P concerns on private sector retirement fund (Category: Breaking News)
- EPF interest rate increased (Category: Breaking News)
May 29, Colombo: A private sector trade union in Sri Lanka is to lodge a complaint today with the Commission to Investigate Allegations of Bribery and Corruption calling for an inquiry into the investing of Employees Provident Fund (EPF) monies in the Colombo Stock Exchange (CSE).
the Employees’ Provident Fund (EPF). Ceylon Grain Elevators PLC, Laugfs Gas PLC ...
- TFC buy against NSB Act: Legal experts (Category: Business)
- NSB Head gives quit notice (Category: Business)
- NSB-TFC deal: CID questions Kariyawasam (Category: Business)
- NSB conspicuous by its silence on allegations over TFC buy (Category: Business)
May 21, Colombo: The Employees' Provident Fund Department of Sri Lanka's Central Bank today rejected the allegations of fraud involving the retirement fund ,Employees' Provident Fund (EPF) made by an opposition legislator in the parliament recently.
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
- Empty Stocking Fund brings in more than double its goal (Category: USA, New Mexico)
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
- Eastern Iowa McDonald's owner gives $25,000 for derecho recovery (Category: USA, Iowa)
Sri Lanka’s largest retirement fund, the EPF today blamed an opposition MP for trying to tarnish its reputation and also trying to destabilize the economy through such a strategy. However the EPF did not name the Opposition MP. Issuing a statement, the EPF rejects the accusation
- Domestic debt restructuring: Harsha insists money belonging to EPF members must be safeguarded (Category: Breaking News)
- JSS demands salary hike (Category: Business)
- Govt. planning to place EPF, ETF under independent body (Category: Breaking News)
- EPF is well managed, not corrupt: CB Chief (Category: Business)
A great deal may be done by severity, more by love, but most by clear discernment and impartial justice. -Johann Wolfgang von Goethe-Justice as quoted by Eckerman This column dedicated to the notion of making Sri Lanka the Wonder of Asia turns its spotlight on that great trait of judicial activism as sometimes exhibited by ...
- SC calls for full report on Golden key depositors (Category: Breaking News)
- SC directs CB to expedite payment to Ceylinco depositors (Category: Breaking News)
- Golden key depositors opt to get their deposits from the previous Board (Category: Breaking News)
- Supreme Court calls for interim report on Golden Key settlement (Category: Business)
The bourse breathed a sigh of relief at Friday’s trading on the knowledge that sanctions, at least in the immediate future will not be imposed on the island despite Thursday’s Human Rights (HR) resolution against Sri Lanka at Geneva which resulted in it returning a higher Rs. 926.9 million turnover on Friday compared to low ...
- Bourse Hits New Low (Category: Breaking News)
- Palmyrah Development Board improve turnover (Category: Breaking News)
- Brokers blame ATS-7 for turnover slump on CSE (Category: Breaking News)
- Shares move from marginally down position in mid-day trade to red territory as day proceeds (Category: Breaking News)
Avurudhu Rupee Commitments Bear on Exporters The exchange rate (ER) held at the Rs. 130 levels to the US dollar ($) at Wednesday’s, Thursday’s and Friday’s trading as exporters began encashing their $ proceeds to meet their local commitments, a market source told this reporter. “In the event they persisted in holding on to their ...
- Rupee Strengthens, But Illiquid Status Worsens (Category: Breaking News)
- Money Market, ER Management, Full Marks To CBSL (Category: Breaking News)
- Quo Vadis Exchange Rate? (Category: Breaking News)
- PBJ, (Category: Breaking News)
The Employees Provident Fund gets a profit of 800 million rupees. The Employees Provident Fund which possessed 71 million shares of conglomerate John Keells Holdings had been sold at 194 rupees per share, bringing a capital gain to the Fund. These shares have been purchased by Malaysia’s Khazana Nasional Berhard, a sovereign wealth Fund. ...
- Political bunfight over City Hall costs (Category: Australia, Queensland)
- 2.9 mil to asbestos victims (Category: Australia, Tasmania )
- IMF to consider $ 800m loan for Sri Lanka (Category: Breaking News)
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
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
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.
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
- Samurdhi payments increased (Category: Breaking News)
- Farmers demand continuation of pension (Category: Breaking News)
- MR gives benefits to war heroes (Category: Breaking News)
- Ministry pays over Rs. 16mn as office rent (Category: Breaking News)
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