Articles Tagged “EPF”

  • The-finance-companies-July-2015-01-610x282

    How to Rob a Bank

    State banking is a cosseted affair. In good times the profits reinvested are just enough to grow the capital bases and in bad times the government cleans up after them. The treasury has bailed out the two largest…

  • The-finance-companies-July-2015-01

    The Six Billion Rupee Question

    In December, the Central Bank loaned Rs6 billion to The Finance Company (TFC) utilizing funds from the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS). TFC has been struggling with liquidity stresses and regulatory non-compliance since the 2008 Ceylinco crisis debilitated the finance…

  • PCH Web

    Rise and Fall of PC House

    Empire builders often reached out to banks help fund extending their midas touch to undervalued firms where dispassionate controlling shareholders rely on outdated strategy. Leverage is a powerful tool. It’s allowed these bold visionaries a…

  • litro-gas

    No Halal, No CEPA

    The entrepreneur from rural Ratnapura today heads a highly diversified group with interests ranging from supermarkets and bottled water to hotels and hydropower and has enough political clout, as part of a nationalist business lobby,…

  • cbsl_governor

    Growth Now the Priority

    Like for most businesses – which had only marginal profit growth – 2012 is a year the Central Bank will be glad to see the back of. An obstinate and failed dollar peg policy resulted…