With the recent changes in the law welcoming expat Sri Lankans to purchase property in the country, LankaPropertyWeb interviewed Attorney at Law Saminda Jayasekara regarding the feasibility of this option and the barriers to overcome in the process. As a local, there are no restrictions on purchasing property in the country. Whether it is…
The COVID-19 crisis has hit workers across the world, particularly women, who are over-represented in low-paid precarious sectors (Thomson Reuters Foundation) – One in two people worldwide saw their earnings drop due to the coronavirus, with people in low-income countries particularly hard hit by job losses or cuts to their working hours, research showed on…
Business Sentiment – The Unique Index Gains Ground Sri Lanka’s economy is expected to expand by 3.4 percent this year, according to the World Bank. In its report entitled ‘Sri Lanka Development Update,’ the funding agency says the country’s recovery is likely to hinge on foreign investments, as well as the normalisation of tourism and…
By Michael F. Perera Valuable resources are extracted every day to develop convenient products such as bottles, containers and more. As the extraction of virgin resources rapidly depletes the availability of such, it is high time a sustainable alternative is fetched, to ensure longevity and liveability for future generations. With the prices for…
Sri Lanka’s Export Performance January – March 2021 Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn. Earnings…
Microsoft and LinkedIn launch next stage to help job seekers and employers move to a skills-based economy ASIA PACIFIC, SRI LANKA — Microsoft has helped over 30 million people in 249 countries and territories gain access to digital skills, of which over 30,000 of them are from Sri Lanka. This tops its initial goal of…
The Silk Road Journal by Mahika Ming Any society in the world will be stable if its armed forces are strong to protect it. That will eventually result in social development and increased trade due to surplus production. The ancient Silk Road originally was the trade route which took external goods to Great China and…
The Silk Road Journal: By Mahika Ming The 2011 Fukushima nuclear accident which took place in Japan according to analysts has had a profound impact on the marine environment, food safety and human health of neighboring countries. Hiroshima and Nagasaki in Japan were the targets of the first recorded nuclear attack in 1945 when the…
Business sentiment picks up as economic activity shows signs of a slight recovery Sri Lanka recently received its first shipment of 264,000 vaccines of the Oxford-AstraZeneca vaccine as part of the interim allocation of 1.44 million doses to be received from the COVAX Facility in stages until May. This brings the number of doses available…
The Silk Road Journal – by Mahika Ming When the United States of America (USA) and Canada were constructing their first ever railroads, thousands of Chinese slaves were taken across the Pacific by the colonial rulers to work in these mega projects. As per records thousands of Chinese peasants have died constructing railroads in the…
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