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The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [4]
The Employees' Trust Fund ( ETF) is a social security programme established on 1 March 1981 under the Act No.46 of 1980 by the Parliament of the Sri Lanka. [1]
Private provident funds existed in the private sector, with some companies contributing on a voluntary basis until 1958, when the Employees' Provident Fund was established by S. W. R. D. Bandaranaike following the enactment of the Employees' Provident Fund Act No 15 of 1958 which established the Employees' Provident Fund which made it compulsory for all employers and employees to contribute if ...
Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [ 10] As of 1998, the Sri Lanka apparel industry employed about ...
MAS Holdings. MAS Holdings is a Sri Lankan apparel manufacturer. [ 3][ 4][ 5] The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. [ 6] MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear. [ 7][ 8] MAS Holdings has 53 manufacturing facilities in 17 countries ...
Hela Apparel Holdings. Hela Apparel Holdings PLC branded as Hela Clothing is a holding company in Sri Lanka that is engaged in the apparel industry. The company supplies to a number of brands such as Tommy Hilfiger, Calvin Klein, and Michael Kors. Hela Apparel Holdings operates four design centres in Sri Lanka, the United States, France and the ...
Umayangana Wickramasinghe (born 24 October 1980 Sinhala: උමයංගනා වික්රමසිංහ) is an actress in Sri Lankan cinema, stage drama and television as well as a television host. [1] [2] She is best known for the role in television serials Ithin Ita Passe [3] and Jeewithe Lassanai. [4] [5]
Stage Stores, Inc.Specialty Retailers, Inc. Stage Stores was a department store company specializing in retailing off-price brand name apparel, accessories, cosmetics, footwear, and housewares throughout the United States. Stores were usually located in shopping malls and centers or in standalone locations. The corporate office was located in ...