EPF equity investments bring low returns:
ETF on a better footing
ETF has made a return of 26 percent on equity
investments while EPF returns stand below 4 percent an Analysis by
Verité Research shows that Employee’s Provident Fund’s (EPF)management
of equity investments have made low returns in comparison to stock
market growth for the corresponding period.
Lanka to woo one million visitors this year
Sri Lanka will attract around one
million tourists by the end of this year which in international
terms will be very good as the percentage increase will be over
15percent said Jetwing Group of Hotels and Pacific Asia Travel
Association Chairman, Hiran Cooray.
Apparel exports, a leading foreign exchange earner
Revenue from apparel exports last year was $3.8
b which shows that Sri Lanka has not only sustained but also
maintained growth in the United States and European markets and
increase market share by 57percent in other countries, said Orit
Group Chairman and Image Building Committee-Joint Apparel
Association Forum (JAAF) Chaiman, Channa Palansuriya.
Economic chiefs perturbed over slowing growth
(Asia Pulse) A group of economic leaders from
across the world, including chiefs of the IMF and the World Bank,
have called for immediate steps to safeguard the global economy from
challenges like decelerating growth, high unemployment and
protectionist government policies.
Linklk platform ready:
Huge potential for e commerce to expand
With the continued growth momentum in the
economy and fast expansion of internet penetration, broadband
coverage and overall development in the ICT and IT literacy in the
country e-commerce sector has huge potential to expand, said the CEO
of Redgcrest Financial Sanath Fernando.