russeel Dilrukshi Priyadarshani from Athungama
| | | |

Women’s Participation in Sri Lanka’s Hospitality Industry Remains Below 10%, Says Uga Ulagalla Resort Manager

Bydaily reporter

Colombo: Women’s participation in Sri Lanka’s tourism and hospitality industry remains below 10%, according to Russell Clements, the General Manager of Public and Cultural Relations at Uga Ulagalla Resort. Clements highlighted that parental concerns about safety and the challenges of sustaining a career in the hospitality sector discourage many young women from entering the field. ““Parents’…

un Director of the Global Operations Division at the UN Office of the High Commissioner for Human Rights
| | | | |

Sri Lanka Urged to Revive Civic Space by Lifting Unnecessary Regulations

Bydaily reporter

Maarit Kohonen Sheriff, Director of the Global Operations Division at the UN Office of the High Commissioner for Human Rights, has called on the Sri Lankan government to lift unnecessary regulations and restrictions on civil society and independent media to revive civic space. Speaking at the 58th Session of the Human Rights Council, Sheriff emphasized…

Top-tier corporate video conferencing solutions Luxury executive rehab facilities High-end mesothelioma law firms
| | |

Gold price hits record high in global market

Bydaily reporter

The spot gold price is trading at record highs and targets the psychological $3000 mark amid flight-to-safety inflows due to growing uncertainties regarding the Ukraine-Russia war and US President Trump’s tariff threats. Support can now be spotted around the recent record highs at $2942 to $2940, which because of inverse polarity, might act as a…

tax23
| |

Sri Lanka risks losing IMF tranche without new taxes, expert warns

Bydaily reporter

Former Deputy Governor of the Central Bank of Sri Lanka (CBSL) Dr. W.A. Wijewardena is of the view that the government is constrained by its agreement with the International Monetary Fund (IMF) and the benchmarks set by the Economic Transformation Act, making it challenging to achieve the targeted revenue of 15.1% of GDP this year….

Sri Lankan insurers to tackle profitability pressure with key shifts – Fitch
| |

Sri Lankan insurers to tackle profitability pressure with key shifts – Fitch

Bydaily reporter

Underwriting profitability for Sri Lankan non-life insurers will gradually improve as they enhance practices and shift focus to more profitable non-motor segments, Fitch Ratings says in a new report. This shift includes adjusting policy pricing, particularly for motor and medical insurance, to better cope with inflation and rising claim costs. Motor insurance profitability faces challenges…

derana news today
| |

Is “Aswesuma” a Relief or a Christmas Gift?

Bydaily reporter

President Anura Kumara has increased the Aswesuma (Relief) benefits as a Christmas gift, according to a social media post by his Media Director General, MP Najith Indika. Aswesuma refers to a transitional assistance provided to alleviate poverty using the taxes collected from the public, and not a gift distributed by politicians. Welfare benefits should not…

Sri Lanka’s GDP Sees Promising Growth in Q3 2024
| | |

Sri Lanka’s GDP Sees Promising Growth in Q3 2024

Bydaily reporter

The Gross Domestic Product (GDP) of the country has shown a positive growth of 5.5% in the third quarter of 2024, according to the Department of Census and Statistics. The GDP, which stood at Rs. 2,987,544 million at constant prices (2015) in the third quarter of 2023, increased to Rs. 3,151,941 million in the corresponding…

NewsGovt. halts Galle Harbour Port City project
| |

NewsGovt. halts Galle Harbour Port City project

Bydaily reporter

The present Government will not implement the Galle Harbour Port City project which had been planned and proposed to be implemented by the previous Government, Deputy Minister of Fisheries, Aquatic and Ocean Resources Rathna Gamage said. The Deputy Minister disclosed the Government’s stand on the project when responding to the media, during his inspection tour…

plantation workers of Sri Lanka
|

Women’s Workforce Participation surges in India

ByEditor

In recent years, South Asia has experienced notable shifts in female labour force participation (FLFP), with significant variations across countries. India, for instance, has seen a remarkable increase in women’s workforce participation, rising from 22% to 40.3% over six years. This growth has been driven by policies promoting diversity and inclusion, alongside economic developments that…