September 15, 2019
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    At present, foreign direct investments are being received for village level agricultural products program me implemented under the   Grama Shakthi People’s Movement. Accordingly, a group of Swedish and Indian investors are keen to provide their assistance in establishing a Cassava (Manioc) Flour Plant and to promote the cassava cultivation in the country.

    Nearly 85 percent of jobs will be transformed in the next three years and the rest will disappear due to the digital transformation taking place at an exponential pace across the globe, a top official of Microsoft Sri Lanka said.Speaking at the Azure Summit in Colombo last week, he said around 65 percent of Asia Pacific’s GDP will be derived from digital products or services created directly through technology by 2021.

    Digital transformation while on the one hand had put workers off employment, it also a job creator in another aspect. A survey by the Digital Association, Bitcom, reveals that digital transformation will not necessarily lead to fewer workers being needed, but rather create jobs through new process and business models.However, the impact of digital transformation on the labour market in Sri Lanka has not been significant due to the slow pace of growth in technology. Unemployment, according to statistics, fell to around four percent in the final quarter last year, the lowest since 2012 which recorded 3.8 percent decline in unemployment.

    An economic corridor development plan with a potential to generate 1.2 million new jobs by 2030 is being proposed by a recent study of the Asian Development Bank (ADB).In keeping with the Sri Lankan government’s development strategy, Vision 2025, the ADB has initiated a comprehensive development plan for the Colombo-Trincomalee Economic Corridor (CTEC) to address some of the development challenges faced by the country, ADB’s Colombo office announced on Friday.Pilot economic corridor development initiatives will focus on an east-west corridor that can flourish by taking advantage of existing international gateways, such as the Bandaranaike International Airport and Colombo Port, which are located at the western end of the corridor. The proposed Central Expressway, which is about 280 kilometers long, will act as the spine of the corridor.

    The 70 th World Health Day of the World Health Organization (WHO) was celebrated under the patronage of President Maithripala Sirisena at the Nelum Pokuna Theatre in Colombo, yesterday (07th). The main objective of the World Health Organization established in 1948 is to enhance the health and wellbeing of the world’s population. For decades, the World Health Organization together with other world partners and donor agencies has been fully supportive in improving the health standard of Sri Lankans including developing maternal and child health, nutrition and health care services.

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