The government is collaborating with the Californian university system to obtain assistance to modernize agriculture in Sri Lanka and to set up a new agro-technology university, said Sri Lankan President Ranil Wickremesinghe.
In the wake of over 90 Sri Lankan women smuggled to Oman by several employment agencies, the officer attached to the Sri Lankan Embassy in Oman who was alleged to have committed human trafficking in Oman has been interdicted and will be brought to Sri Lanka for investigations, official source said
The Commercial Bank of Ceylon’s continuing effort to stimulate remittances from Sri Lankans living and working overseas recently focused on Singapore, which has a significant Sri Lankan migrant population.
The International Finance Corporation’s (IFC) has stepped in to assist Sri Lanka private sector to create safe and resilient workplaces by demonstrating the business case for action and providing businesses with advisory services, resources and tools to help address germane issues.
Sri Lanka’s manufacturing sector contracted significantly in October with the decline of people’s purchasing power meanwhile services sector has also declined, according to a Purchasing Managers’ Index compiled by the central bank.