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.

Full Story

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.

Full Story

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.

Full Story

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.

Full Story

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.

Full Story