Blank Banner Dove Square

World

Sri Lanka and its cheap labor pool
Sri Lanka and its cheap labor pool

When it comes to labor costs, Sri Lanka is a bargain, considering the size of its economy, according to statistics from the Japanese trade promotion organization known as JETRO. Since the island's civil war ended in 2009, Sri Lanka's economy has been expanding. Its per-capita gross domestic product for 2015, as reported by the Central Bank of Sri Lanka, was $3,924…

Nikkei - Mar 02 12:04 GMT - more ... [ Tags: HumanRights, World, Economy ]

Sri Lanka approves IMF reforms to loss-making state firms

Sri Lanka has approved reforms to make loss-making state firms more efficient and put them on a path towards autonomy, in line with International Monetary Fund conditions for a $1.5 billion loan, an official document showed on Wednesday. The move comes as Sri Lanka struggles with heavy debts and balance-of-payments pressure while the government is in talks with an…

Reuters - Mar 02 11:53 GMT - more ... [ Tags: World, Economy ]

Gary Anandasangaree
Blank Banner

FOLLOW US ON

FACEBOOK

TWITTER

  • Sed feugiat augue faucibus libero ultricies, eget condimentum nisi pulvinar. Donec pharetra neque et odio tempor mattis.

  • Sed feugiat augue faucibus libero ultricies, eget condimentum nisi pulvinar. Donec pharetra neque et odio tempor mattis.

  • Sed feugiat augue faucibus libero ultricies, eget condimentum nisi pulvinar. Donec pharetra neque et odio tempor mattis.

NEWS ROOM

EVENTS

VIDEO

Justin Trudeau-Happy Thai Pongal to Tamils celebrating!