Posts Categorized: Economy

South Asia’s Largest Fisheries Harbor

“The fisheries sector is the third most important contributor to economic growth in Sri Lanka. It is second only to agriculture and tourism. That is the main reason the President wanted to kick off this project. According to the ongoing investment and development projects in the industry in post- terrorism Sri Lanka, the fisheries industry will become the main contributor to the economy within the next few years. I hope to provide a 50 percent contribution to Sri Lanka’s economy at the end of this year by doubling fish exports” Minister Senaratne said.

Resettled

Many of those displaced during the war are now gradually being resettled at their original residences by the Vanni  security forces headquarters. Residents are pictured acclimatizing themselves to their old abodes and environment after a lapse of several years. Pix by Romesh Madushanka

No Husband, No Home and No Future for Their Children

Women-headed families: no husband, no home and no future for their children In the Eastern Province, some women head their household all alone without a job, sometimes without a home, or without doors and sanitary facilities, unable to send their children to school. Their husbands died in war or disappeared into the hands of police…. Read more »

US “Fiscal Cliff” Scenario

Seasoned Washington observers say not to freak out because they think there will be no deadlock, as lawmakers will be thinking about their own fate first, if blocking a deal leads to the collapse of the economy that leaves people suffering, and it rebounds on them at re-election time.