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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 ]
International relations. 2025 Philippine espionage case, Territorial disputes in the South China Sea. President Bongbong Marcos issues a statement that he is deeply disturbed by possible surveillance of the country's air and naval bases as well as movement of vessels supplying Philippine garrisons in the South China Sea following a series of arrest of suspected Chinese spies in the Philippines.
In 2009 the Central Bank of Sri Lanka purchased the building, to address the needs of the bank's growing office. [1] The renovated building was officially opened on 1 June 2011 by Gotabaya Rajapaksa, Secretary to the Ministry of Defence and Urban Development, and Ajith Nivard Cabraal, Governor of the Central Bank.
COLOMBO (Reuters) -Sri Lanka's central bank governor signalled on Monday he would stay in the job but warned that prolonged political instability in the country may delay progress on negotiations ...
The Sri Lankan central bank increased its standing lending facility rate by 100 basis points to 15.50% while the standing deposit facility rate was similarly raised to 14.50%, the highest since ...
Central Bank of Sri Lanka Governor Weligamage Don Lakshman said on Friday he would step down next week at a time when the South Asian island nation's weak foreign exchange reserves have limited ...
The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per centum (3%) of the total earnings including Wages, salary or fees, Cost of living allowance, special living allowance and other similar allowances, Payment in respect of holidays, The cost value of cooked or uncooked food provided by the employer to employees, Meal allowance and Any ...
The Central Bank of Sri Lanka (CBSL) cut the statutory reserve ratio (SRR) by 100 basis points to 5 percent effective March 1, while leaving its two key monetary policy rates steady, saying they ...