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77% of graduates employed in govt. sector!

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More than 77 per cent of Sri Lankan graduates work in the public sector, a report released by the Tokyo-based Asian Development Bank (ADB) said.

The report titled ‘Strengthening Active Labor Market Policies to Drive an Inclusive Recovery in Asia’ further said that graduates whose skills do not match the available occupations in the market and lack specific skills prefer to ‘queue up’ for government jobs.

Majority of the graduates prefer jobs in Sri Lanka’s public service due to job security and financial security, as well as receiving a fixed salary and pension during the employee’s lifetime. On the other hand, the youth’s inability to get ‘better job opportunities’ in the private sector leads to dependence on public sector jobs.

The report further pointed out that it is important for the government to prevent recruiting graduates in public sector jobs continuously to simply absorb unemployed graduates, and instead focus on systematically recruiting skilled people to ensure efficiency and effectiveness.

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Iran – SL sign 5 MoUs (Video)

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Iran and Sri Lanka signed five memorandums of understanding (MoUs), aimed at bolstering bilateral relations between the two countries.

The MoUs signed will cover cooperation in film, media, tourism, cooperatives, libraries, and cultural, scientific, technical, and sports fields between the two countries, the Presidential Media Division notes.

Earlier in the evening, the Iranian President – Dr. Ebrahim Raisi and his Sri Lankan counterpart President Wickremesinghe held one-on-one discussions, followed by a bilateral meeting between representatives of both nations at the Presidential Secretariat.

(Video – PMD)

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Imported milk powder prices slashed

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The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

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Injunction against Wijedasa and Sarathie

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The Colombo District Court today (April 24) issued an injunction order preventing the appointment of Minister Wijeyadasa Rajapakshe as the Acting Chairman of the Sri Lanka Freedom Party (SLFP).
The court has also issued an injunction order preventing MP Sarathie Dushmantha Mithrapala from functioning as the General Secretary of SLFP.

Colombo District Judge Sandun Withana issued these orders after considering a complaint filed against the respective appointments.

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