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

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...

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.