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Re-registration of members of Employees’ Provident Fund as per ‘National Identity Card Number’

BusinessTags: Print Edition The legal framework for the Fund was established by the Employees’ Provident Fund Act No. 15 of 1958 and the operations of the Fund commenced on June 1 1958. Accordingly, EPF has been strengthened as the largest…

Ceylinco Life’s commissions SLIM diploma, produces first batch of graduates

BusinessTags: Print EditionA group of thirty Ceylinco Life salespersons took centre stage recently, graduating as the first batch to complete a tailor-made Diploma in Financial Sales Management, designed by and for the life insurance leader…

Maximum govt support to promote Lanka’s culinary art – President

BusinessAnanda KannagaraPresident Ranil Wickremesinghe at the chefs event in BMICH Tags: Print EditionSri Lanka’s unique culinary art has attracted tourists from all over the world and maximum government support will be extended to its…

Global growth to slow to 2.1% in 2023 – World Bank

BusinessTags: Print EditionWASHINGTON— Global growth has slowed sharply and the risk of financial stress in emerging markets and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s…

JAAF urges Govt to shield sector from needless internal shocks

BusinessTags: Print EditionThe Joint Apparel Association Forum (JAAF) says that they firmly believe that the abolition of SVAT for exporters will have detrimental effects on the sector. The abolition of SVAT will create a further burden on…

Lankans to be trained for jobs in Korean shipbuilding industry

FEBSL signs with Sri Jinaratana Educational Institute, Korean Cluelife InstituteBusinessMinister Manusha Nanayakkara exchanges the agreement with Korean officials. Picture by Dushmantha Mayadunne.Tags: Print EditionThe Foreign Employment…

Alliance Air completes 100th flight to Jaffna International Airport

BusinessAlliance Air members and other officials at Jaffna International AirportTags: Print EditionSince its resumption of international scheduled flight operations between Jaffna International Airport (JIA) and Chennai after the global…

People’s Leasing & Finance to acquire 33% stake in First Capital Holdings

BusinessCEO/ GM PLC, Shamindra Marcelline and MD/CEO of FCH, Dilshan WirasekaraTags: Print EditionPeople’s Leasing & Finance PLC (PLC) a wholly owned subsidiary of People’s Bank has announced the proposed acquisition of a 33% stake in…

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Coconut Products – Prices on 12.06.2023

Share Market Statistics on 12.06.2023