EPF refutes allegations of losses in investments

The Employees’ Provident Fund (EPF) refutes political and media allegations about losses incurred by the EPF as erroneous and misleading and stated that such losses are not realised losses, but are marked-to-market unrealised losses, arising from variations in market prices of stocks.

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Agriculture Dept. develops new onion variety

The Agriculture Department has developed a new variety of big onions with higher yield and low maturity period. Research on the new big onion variety has been conducted at the Mahailuppallama Field Crops Research and Development Institute since 2008.

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'State banks should focus on SMEs'

State banks should guide and assist small and medium scale entrepreneurs to reach higher professional levels, said President Mahinda Rajapaksa at the presentation of appointment letters to new recruits of the People's Bank in Colombo last week. He said that small enterprises usually collapse due to poor management.

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New feat for visually impaired

Thirty visually impaired students who completed the Information Communication Technology (ICT) course conducted by the ICT Training Centre of the Employers’ Federation of Ceylon (EFC) were awarded certificates last week.

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MAS Holdings presents amanté

MAS Holdings is South Asia's largest intimate apparel manufacturer and the region's most rapidly growing provider of active performance wear, accounting for an annual turnover of USD 1 billion. The company offers seamless concept-to-delivery solutions across the value chain, creating an award winning amalgamation of global operations.

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SLT invests US$ 415m on expansion drive

Sri Lanka Telecom (SLT) has received flagship status from the Board of Investment (BOI) after committing an investment of US $ 415.44 million to undertake telecommunication, information technology, broadband and infrastructure expansion within the next two years.

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