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.
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.
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