Simrin Singh, country director of the International Labour Organization for Sri Lanka and the Maldives says kids there is a tendency in many countries for well in life compared to others who have had 13 years of education. “Because, sadly they have had many a lot of experiences growing up so they are more prepared to the work environment with their creative and innovative … [Read more...] about Sri Lanka’s SOS Village youth have high employability
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Now, slowdown bug bites tourism sector
India’s tourism sector is the latest to be hit by the global economic slowdown headwinds.Foreign tourist arrivals grew a mere 2.12 per cent in the first half of calendar 2019 — the lowest for the comparable period in the last four years.India received around 6.08 million foreign tourists between January and July this year. In 2018, the country received around 5.96 million … [Read more...] about Now, slowdown bug bites tourism sector
Priyanka Gandhi Vadra uses cricket analogy to take swipe at Centre over slowdown
Congress general secretary Priyanka Gandhi Vadra. (File) Congress general secretary Priyanka Gandhi Vadra Friday used cricket analogy to take a swipe at the Centre over the economic slowdown, saying it is important to focus on the ball till the end for a catch otherwise one will blame Ola and Uber, and gravity responsible for the loss.Taking to Twitter, Priyanka shared a … [Read more...] about Priyanka Gandhi Vadra uses cricket analogy to take swipe at Centre over slowdown
Sri Lanka students allowed to work in new UK immigration route
Friday September 13, 2019 12:49:19ECONOMYNEXT – UK has launched new visa for students from Sri Lanka and other territories to remain in Britain two years after graduation and work in a new immigration route, the British Commission said. “This is excellent news for Sri Lankan students who want to study overseas,” UK High … [Read more...] about Sri Lanka students allowed to work in new UK immigration route
Moody’s warns SOE liabilities rising
New report says rise in SOE liabilities could pose risk to Govt. balance sheets Says Govt. guarantees for SOEs have risen in SL, Maldives and Malaysia Points out guaranteed debt can reduce fiscal space Warns reversing risks once liabilities crystallise will be difficult Moody’s Investors Service yesterday warned liabilities of State-Owned Enterprises (SOEs) in … [Read more...] about Moody’s warns SOE liabilities rising
Japan grants Rs1.6bn to boost airport security
Thursday September 12, 2019 17:06:00 Japan’s Ambassdor Akira Sugiyama, Ambassador an dSri Lanka Treasury Secretary R.H.S. Samaratunga, FinanceECONOMYNEXT – Japan has given a 1 billion yen grant (1.6 billion … [Read more...] about Japan grants Rs1.6bn to boost airport security
Sri Lanka ‘Lotus Tower’ grand opening on Monday – Adaderana Biz English
SLT’s gigantic technological achievement Sri Lanka Telecom (SLT), the premier telecommunication service provider in Sri Lanka is delighted to announce its epic accomplishment in the arena of technological infrastructure with the utmost dedication and commitment of the entire SLT family. The ‘Lotus Tower – Multifunctional TV and Telecommunications Tower’ is foreseen to be … [Read more...] about Sri Lanka ‘Lotus Tower’ grand opening on Monday – Adaderana Biz English
Govt. has “failed comprehensively” on economic reform: Dr. Sally
Economist Dr. Razeen Sally delivering the Central Bank’s 69th Anniversary Oration yesterday – Pic by Shehan Gunasekara Says Govt. squandered rare opportunity for liberal and economic reforms Claims Govt. did not have an economic plan and never developed one Refers to V2025 as “Christmas wish-list” and SL becoming Singapore as “rhetorical … [Read more...] about Govt. has “failed comprehensively” on economic reform: Dr. Sally
Dr. Saj Mendis presents open copy of credentials to Korean Deputy Minister of Foreign Affairs
Deputy Minister for Foreign Affairs for Protocol Affairs Lim Ki-mo is presented with the Open Copy of the Letter of Credence by Ambassador-designate Dr. A. Saj U. Mendis at the Ministry of Foreign Affairs in SeoulAmbassador-designate of Sri Lanka to the Republic of Korea Dr. A. Saj U. Mendis presented the Open Copy of his Letter of Credence to Deputy Minister of Foreign … [Read more...] about Dr. Saj Mendis presents open copy of credentials to Korean Deputy Minister of Foreign Affairs
Safran Singapore wins Sri Lanka Airbus landing gear contract
Wednesday September 11, 2019 17:19:23ECONOMYNEXT – Safran Landing Systems Services Singapore has won a deal to repair landing gear of Airbus A330-220 aircraft operated by state-run SriLankan Airlines. The cabinet of ministers had cleared the award of maintainance contract for landing gear for a year starting from August 01, … [Read more...] about Safran Singapore wins Sri Lanka Airbus landing gear contract
