ECONOMYNYEXT — The cabinet will present a paper for the state to pay five billion rupees in pending Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) to employees of state-sector plantation companies, an official said. State Minister of Finance…
ECONOMYNYEXT — The cabinet will present a paper for the state to pay five billion rupees in pending Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) to employees of state-sector plantation companies, an official said. State Minister of Finance…
ECONOMYNEXT – Net contributions to Sri Lanka’s Employees Provident Fund turned negative in 2023, with refunds made to members and their heirs exceeding contributions made to the fund during the year. The EPF received contributions of 210.6 billion rupees up…
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<!– –> Posted by Editor on April 29, 2024 – 10:34 am The Ceylon Teachers Service Union (CTSU) has announced its decision to initiate trade union action against the current salary disparities. According to its secretary, Dhammika Mirihana, deans and…
<!– –> Posted by Editor on April 29, 2024 – 9:19 am The Sri Lankan government plans to increase the interest rate of the Employee’s Provident Fund (EPF) from the existing 9 percent to 13 percent, effective from 2013. Accordingly,…
THE INDEX GAINS GROUND YET AGAIN Business confidence strengthens for a second month but the horizon remains overcast Sri Lanka faces a tight deadline to finalise agreements with creditors including bondholders to coincide with the anticipated disbursement of the third…
VIEWPOINTS MAY THE FARCE NOT RETURN OR STRIKE BACK Wijith DeChickera is bemused by the lack of clarity on the part of those who would bail out a bankrupt nation state sans a suitable bucket In May, the eponymous word might…
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