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- Breaking News (258)
Government presented a bill seeking provision for employees to withdraw 30 percent of EPF (Employee Provident Fund) fund for housing and medical treatment
The total value of the Employees Provident Fund has increased. The Central Bank attributed this to the many new jobs generated. The current asset base of the EPF has risen to 900 Billion Rupees. The Central Bank said it is the highest value achieved by the EPF. The generation of many jobs
- EPF’s response to S&P’s Statement (Category: Business)
- Building of the Asian model begins on a disastrous note: 3 lakhs lose their jobs in one year!! ... (Category: Breaking News)
- Rs. 1 trillion richness for EPF (Category: Business)
- Sri Lanka Central Bank responds to S&P concerns on private sector retirement fund (Category: Breaking News)
The Employees Provident Fund(EPF) asset base crossed the Rs 900 billion mark for the first time in its history, Central Bank Governor Ajith Nivard Cabraal said. According to the CB Governor, the emergence of new employment opportunities in recent times and the increase of salaries in the private
President Rajapaksa as Minister of Finance presented the first budget in his second term as the Executive President, making proposals giving a major impetus to value addition of local industrial products, to improve export earnings while granting a wide range of concessions, increasing outsourcing facilities in Sri Lanka for foreign business enterprises. Thus the President, ...
- Sri Lanka’ Dipped Products net up on forex gains (Category: Breaking News)
- Sri Lanka stocks gain with foreign inflows after interim budget announcement (Category: Breaking News)
- Development-oriented budget presented (Category: Breaking News)
- Sri Lanka stocks end at 5-month high after IMF deal announcement (Category: Breaking News)
Nov 15, Colombo: Sri Lanka's private sector trade union arm, Inter Company Employees' Union (ICEU) held protests today outside several private institutions against the proposed amendments to the Employees Provident Fund (EPF) and Employees' Trust Fund (ETF) Act.
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- On the Move: Leesa Kim and Kurt Murata (Category: USA, Hawaii)
Employees Provident Fund President S K Gunawardena recently declared open the Employees Provident Fund office at Martin Road, Jaffna.
By Chamitha Kuruppu Reputed Economist and UNP Member of Parliament Dr. Harsha de Silva, while talking about the crony capitalism in the country, warns that the situation is only going to get worse within the new set up, where economic...
- The Cordial Relationships We want Between the Tamil and Sinhalese People have not been Built (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
- Government to consider restructuring domestic debt (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
Oct 23, Colombo: Sri Lanka government is to launch a new identification system from November 01 for the members of its popular retirement plan, Employees' Provident Fund (EPF).
Sept 30, Colombo: The members of Sri Lanka's largest social security scheme, Employees' Provident Fund will soon be able to withdraw 30% of their account for housing and medical requirements.
A new Amendment will be introduced to the Employees Provident Fund to grant additional benefits to the working class. The Cabinet gave the nod for the amendment. Cabinet Spokesman Keheliya Rambukwella said major amendments will include the withdrawal of 30% of members from the funds for housing and medical treatment. Housing purposes will cover construction ...
- Housing activity fall fears (Category: Australia, Tasmania )
- Crackdown on state housing tenants (Category: Western Australia)
- Affordable home and land packages to be released (Category: Western Australia)
- Tree Damages Georgia Tech Family Housing Building (Category: USA, Georgia)
Aug 18, Colombo: Sri Lanka Central Bank (CBSL) today dismissed an opposition party claim that the Employee's Provident Fund (EPF) does not have the authority to invest in banking and financial sector stocks listed on the Colombo Stock Exchange.
Employees’ Provident Fund has declared the highest ever rate of interest of 13.75 per cent to its...
The Ministry of Labour Relations and Productivity Promotion has assured an attractive interest of 13.75 percent for the Employees of Provident Fund. It is planned to grant this interest for the deposits maintained by all EPF members. Minister Gamini Lokuge said that their intention was to ensure
- Stock Defence (Category: Business)
- Stock Purchase (Category: Business)
- Electronic Transfer (Category: Business)
- EPF’s response to S&P’s Statement (Category: Business)
by Namini Wijedasa A powerful international federation of trade unions has in a petition to be considered by the US government delivered a scathing account of labour practices in Sri Lanka, alleging that worker rights in the country have deteriorated in recent years. The American Federation of Labour and Congress of Industrial Organisations (AFL-CIO) filed the petition before th...
- TUs Complain To ILO (Category: Breaking News)
- Grave concerns raised over Ranil’s attempt to enforce dictatorship (Category: Breaking News)
- Unions in govt.’s crosshairs (Category: Breaking News)
Members of the Employees Provident Fund (EPF) are afforded facilities of securing information on their balance through Short Message...
Members of the Employees Provident Fund are afforded facilities of securing information on their balance through Short Message Services. This service is given with the support of Sri Lanka Mobitel. The related agreement was inked at the Labour Ministry. Mobitel Executive Director Suren J. Amarasekera and Commissioner General for Labour Upali Wijeweera signed the agreement. [...]
The Employees’ Provident Fund receives an interest of 13.75 percent. According to the Central Bank, it is the highest percentage so far granted for the EPF, according to the Central Bank. Last year’s interest rate was 13.20 percent. The new rate is an increase of 55 units based on the interest paid
Mar 19, Colombo: Sri Lanka's government managed Employees Provident Fund (EPF) for private sector employees had bought a 10 percent stake in Lighthouse Hotel.
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