B’desh businessmen worried by Sri Lankan workers’ presence

Bangladesh’s annual loss due to the presence of mainly Sri Lankan and Indian workers in the country amounts to thousands of millions of dollars, say businessmen of that country.

Of that amount, nearly 5,000 million dollars are sent to India, mostly through executive level workers, they say.

Former president of the employers’ federation of Bangladesh Fazlul Haque was quoted by BBC Sinhala Service as saying that most of the foreigners were doing jobs in multinational and pharmaceutical companies and in the garment sector.

Despite dismal performance, SLC ups cricketers’ salaries!

Sri Lanka Cricket had taken a decision to increase the wages of cricketers by 34% for the financial year 2018-2019.

SLC had taken this decision based on the strong results achieved during the concluded financial year.

However, according to critics, cricket administrators’ salaries are increased only when their players display improvement.

Reduce state taxes to bring down fuel prices!

Claiming it as a measure to minimize losses, the CPC has raised fuel prices, but it continues to incur losses than before, reports say.

For instance, the CPC increased the price of a litre of 92 Octane petrol to Rs. 137, but it has to spend Rs. 150 for its production and distribution.

That means a loss of Rs. 13 per litre.

China asks for another island – Major issue!

The Chinese Company that took over the Hambantota Port has notified the Sri Lankan government that if Sri Lanka fails to hand over the special island located near the Hambantota Port to them, they would not pay the next instalment in the agreement, it is reported.

Accordingly, they have suspended payment of $500 million, until the island is given to them.

A shortage of school textbooks alleged

The Ceylon Teachers Union alleges a prevailing severe shortage of school textbooks.

According to its secretary Joseph Stalin, only 28,210,600 of the required 41,189,027 textbooks have been printed this year so far.

This has adversely affected both students and teachers.