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SRI LANKA One million Sri Lankan construction workers have lost their jobs

The intertwining of local economic crisis and global rise in raw material costs has led to paralysis in the industry. Trade bodies worried about competition from Bangladesh, Nepal, India and Malaysia, where foreign investors find lower costs per square meter to build. The government has agreed to raise capped prices for contracts on new roads by 20 percent, but has 200 billion rupees in back payments.

LankaWeb – POLITICS IN SRI LANKA Part 4C

LankaWeb – POLITICS IN SRI LANKA Part 4C
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

LankaWeb – Debt restructuring talks with India, Paris Club on one platform and China separately – President

LankaWeb – Debt restructuring talks with India, Paris Club on one platform and China separately – President
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

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