by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...

By Chaminda Silva President Ranil Wickremesinghe on Friday said that if plantation company owners go before the courts against government’s directive of a minimum wage hike for estate workers, he would take the side of the workers and extend legal assistance to them, party sources said. The President issued instructions to Labour Minister Manusha Nanayakkara […]

President’s decision to increase daily wage of plantation workers By Rathindra Kuruwita The Planters’ Association of Ceylon (PAC) said yesterday (02) that they were not in a position to raise the daily wage of tea plantation workers to Rs 1,700 despite President Ranil Wickremesinghe’s declaration during a May Day rally that the minimum daily wage […]

Steps are being taken to increase the interest rate of the Employees Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said.

By Rathindra Kuruwita The GL Peiris-led splinter group of the SLPP, the Nidahasa Janatha Sabawa (NJS), has signed an MOU with the Samagi Jana Balawegaya (SJB) to form an alliance in view of upcoming elections on Friday (05). Six NJS MPs, namely, Professor Peiris, Dilan Perera, K.P. Kumarasiri, Upali Galappatty, Wasantha Yapa Bandara and  Nalaka […]

The former General Manager of the Coconut Cultivation Board was arrested for allegedly misappropriating over Rs. 77 million from the Employees Provident Fund (EPF), police said.The post Former Coconut Cultivation Board GM arrested for alleged Rs. 77 million misappropriation appeared

By Shamindra Ferdinando SLPP National List MP Gevindu Cumaratunga and member of Uththara Lanka Sabhagaya has moved the Supreme Court seeking equal treatment to all members of the Employees Provident Fund (EPF). Cumaratunga, who is also the President of Yuthukama National OrganiSation has acted

regarding the status of the Employees Provident Fund (EPF) as at 31 Dec., 2022. In […]

 … draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved

The Supreme Court has set a date to consider the Fundamental Rights (FR) petitions filed claiming that the rights of members of both, the Employees Provident Fund (EPF) and the Employees Trust Fund (ETF) are being violated as a result of the government s Domestic Debt Restructuring (DDO

…. asks whether IMF is blind By Shamindra Ferdinando Dissident SLPP MP Gevindu Cumaratunga faults Parliament for continuing to allow a special category of EPF (Employees’ Provident Fund) recipients, created since 2022, regardless of the matter being brought to the attention of Parliament

What has been widely described as the “historic” Supreme Court judgment which by a majority 4-1 decision of a five-judge bench held the Rajapaksa brothers, Mahinda, Gotabaya and Basil and other unelected officials including two past Governors of the Central Bank, a former Secretary to the President, a former Treasury Secretary and some members of […]

by Jehan Perera The government is facing an uphill task to rebuild the country which continues to be in a state of economic and moral decline which was evident in parliamentary proceedings last week. The initial hopes of a quick transition from the economic and moral decline that accompanied the pre-Aragalaya period ended with the […]

By Saman Indrajith The government was deliberately withholding information about the EPF and ETF from the MPs, National People’s Power (NPP) leader Anura Kumara Dissanayake told Parliament on Friday (06). Earlier, State Minister of Finance, Ranjith Siyambalapitiya had asked for two weeks

By Saman Indrajith President Ranil Wickremesinghe told Parliament yesterday that the government was planning to place the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF) under a new independent body. The President said part of the EPF and ETF monies

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President Ranil Wickremesinghe suggests that part of the money from the Employees Provident Fund (EPF) and Employees Trust Fund (ETF) should be invested abroad.