November 16, 2024
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    President Mahinda Rajapaksa on Friday (Sep. 12) inaugurated the construction work of the Etampitiya Drinking Water Project in the Haliela electorate of Badulla District.

    The construction work on the Uva province Migrant Resource Centre of the Sri Lanka Foreign Employment Bureau commenced on Friday (12) in Hali–Ela under the patronage of  President Mahinda Rajapaksa. The estimated cost for the construction of the Migrant Resource Centre in Hali Ela  is 550 million rupees. The people not only in  Badulla and moneragala, but people in the Nuwara Eliya District too will benefit from this Centre.  

    President Barack Obama has chosen retired Marine Corps General John Allen, who earlier served as the commander of the US and NATO forces in Afghanistan, to head the US-led global coalition against the dreaded terror group ISIS, the Press Trust of India reported.


    The net unrealized profits of the EPF share portfolio passed the Rs 10 billion mark on 11th September 2014. In addition, realized capital gains and dividends have amounted to Rs 3.4 billion so far, this year. This milestone was particularly significant since duringthe first half of 2014, there were allegations levelled at the EPF that its share portfolio had suffered large unrealized losses during the period spanning early 2012 to early 2014.

    However, as always maintained by the EPF, such claims have now been proved baseless, with the unrealized losses turning into substantial unrealized gains in the second half of this year.

    The EPF has also earned substantial profits from its investments in Treasury Bills and Treasury Bonds over the years, with the EPF earnings of Rs. 112.3 billion in 2011, Rs. 117.4 billion in 2012 and Rs. 131.4 billion in 2013, with such surpluses being credited to the member accounts at the end of each of the respective years.

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