One of the youngest billionaires of China, Cai Xiaoru has reportedly arrived in Sri Lanka to explore investment opportunities in the island nation, which is deemed as a demonstration of renewed investor confidence in the country.
Sri Lanka’s LVL Energy Fund is reportedly looking at expanding its investment portfolio in South Asia and Africa.
A member of the World Bank Group, IFC, has reportedly partnered with the Central Bank of Sri Lanka to develop the country’s first National Financial Inclusion Strategy (NFIS).
The Department of Census and Statistics of Sri Lanka in its Labour Demand Survey 2017 has reportedly stated that around five million people were currently engaged in employment in the country’s private sector while there are around 500,000 vacancies are there in various job categories.
The Australian High Commission in Sri Lanka has reportedly stated that trade between Australia and Sri Lanka has surged to a record high of 1.3 billion Australian dollars in 2016-17