Sri Lanka reduced the retirement age of state employees to 60 with immediate effect among many other measures to reduce state sector expenditure in a reform to cut down capital expenditure from the state coffers as the country reels from an unprecedented economic crisis.
Sri Lanka will change laws to allow foreign universities to set up branches in the country, President Ranil Wickremesinghe said in a revised budget for 2022.
Despite an ongoing economic crisis Sri Lanka Investments Promotion agency, Board of Investments said one billion US dollars in realized investments are expected in the year, with first six months running slightly ahead of target, an official said.
Cabinet minister, diplomat, scholar. If asked, these are the likely identities that most Singaporeans would ascribe to former statesman George Yeo. Lesser known to the public would.