Labour Day celebrations across Asia were dominated by the impact of the Gulf crisis on local economies. Prabowo also announced new regulations strengthening protections for delivery riders. In Singapore, Prime Minister Wong urged the public to prepare for prolonged economic hardship. In Sri Lanka, celebrations were organised by the Christian Workers’ Fellowship.
Among the causes are uncontrolled price rises, rising costs, ageing trees and the ‘stepchild’ treatment of a crop once considered gold. Field productivity levels are set to halve by 2025. Yet this sector has played a key role in the island’s economic development, driving employment and mitigating the impact of climate change.
The drugs were discovered in their luggage at the airport as they returned from a trip to Thailand. Suspicions have been raised that they were being exploited by organised crime groups. The monks were reportedly told they were transporting educational materials and sweets intended for children in Sri Lanka.
The latest census reveals an increasingly aging country. People over 60 already represent 18 per cent of the population and could become a quarter by 2041. Due to low labour force participation, inadequate pensions, and a lack of care services, the risk of vulnerability for millions of elderly people is growing. Without reforms, aging risks turning into social and economic crises.
Various memorial events were held in Colombo yesterday for the 269 people killed in attacks on churches and hotels on 21 April 2019. The former head of Sri Lanka’s intelligence service was detained last February, accused of complicity with Islamist bombers. For the cardinal, some politicians and officials are afraid and nervous about the investigation and are trying to sabotage it.
A shortfall of 13.2 billion rupees has emerged, caused by staff within the bank. Criticism of the oversight system, with CEO Kelum Edirisinghe also under scrutiny. Analysts and experts describe it as a “failure” in “supervision”. A case reminiscent of similar instances of malpractice that have occurred in the past.
