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Thursday, 25 March 2010

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Highest ever interest for EPF

Increase of 55 basis points:

The Employees’ Provident Fund (EPF) has declared the highest ever interest rate of 13.75 percent to its member balance in 2009. This is an increase of 55 basis points compared to 13.20 percent in the preceding year.

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Index related derivatives enter capital market:

MPI best option for Lanka

Derivatives will take centre stage in the future. Regional experience strongly confirms this position. In India, turnover attributed to derivatives is in excess of four times the equity market.

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SLT tops Business Today Top 10

Sri Lanka Telecom (SLT) was ranked number one in Business Today TOP 10 for 2008-2009. The Business Today TOP 10 Awards for the financial year 2008-2009 was held yesterday at the Hilton Colombo.

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SLT Chairperson Leisha de Silva Chandrasena receiving the award from Senior Advisor to the President, Basil Rajapaksa. Picture by Saliya Rupasinghe



 
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