Tag: SL Government
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New integrated labour law coming soon to promote investment
A new integrated labour law to encourage foreign investment is due shortly replacing Labour and Foreign Employment Minister Manusha Nanayakkara this week revealed that.
S. Korea to provide jobs for 8000 Sri Lankan workers exceeding quota
By: Staff Writer
Colombo (LNW):The Sri Lanka Bureau of Foreign Employment (SLBFE) says that the Director of the South Korean Human Resources Department based in...
Sri Lanka issues stamp marking Ramayana epic site
Sri Lanka has issued a commemorative stamp marking a site in the epic Ramayana in the island’s central highlands, in a ceremony in the presence of Prime Minister Dinesh Gunawardene and India’s High Commissioner to Colombo Gopal Bagalay.
Tea exports down 22 percent in March, 15 percent in first quarter
By: Staff Writer
Colombo (LNW): Sri Lanka expects tea production to recover in 2023 to 300 million kilos, whilst targeting export earnings of $ 1.5...
Local Commercial Banks reluctant to restructure domestic debt,
Sri Lanka is eying options to re-structure domestic debt, or local law local currency debt (LLLC), without harming the banking sector and announcing them, the International Monetary Fund said in a report.