NEW YORK (Reuters) -The World Bank said on Wednesday it has earmarked more than $1 billion to support job creation and private sector growth in Sri Lanka over three years. "The initiative aims to ...

Despite natural disasters, Sri Lanka is reaping the benefits of improved revenue collection and managed expenditures and, has thus recorded a primary fiscal surplus for the first time in decades.

A controversial deal between the Sri Lanka Bureau of Foreign Employment (SLBFE) and a Dubai-based insurance company to provide additional insurance cover to Sri Lankan migrant workers has put the ...

Informal employment remains a salient and persistent feature of the Sri Lanka labor market, with around 70 percent of the work force informally employed. There are generally three reasons to be ...

Scorched by a 10-month drought that has killed crops and reduced residents to buying trucked-in water, Adigama's young people are voting with their feet. At least 150 youth have left this agricultural ...

The current education system needs a major overhaul to move away from rote learning and towards critical thinking, problem-solving, and creativity Sri Lanka’s youth unemployment rate has consistently ...

COLOMBO, February 26, 2019 – . Labor market policies can help different groups of workers to acquire the right skills and to ensure that the gains of more exports are shared more broadly across ...

Workers at the Cooperative Wholesale Establishment (CWE) in Sri Lanka have been holding a sit-in-strike since Monday to protest the liquidation of the company and the compulsory retirement and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Before Sri Lanka’s economy collapsed, 50-year-old Nazir would spend scorching hot days hauling carts packed ...

Thousands of Sri Lankans have fallen prey to job-related scams over the years, with the latest being ‘jobs’ as mercenaries in the Russia-Ukraine war. State Minister of Defence Pramitha Bandara ...

Sri Lankan apparel manufacturers have responded to falling export orders, higher interest rates and energy costs by slashing wages, incentive bonuses and other payments and eliminating tens of ...