Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to set up new authority to regulate foreign employment sector
Mon, Feb 24, 2014, 09:03 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 24, Colombo: The government of Sri Lanka plans to set up an Employment Migration Authority to regulate the foreign employment sector, the highest foreign exchange earner for the country.

A new law setting up this Authority will replace the Sri Lanka Bureau of Foreign Employment Act, which has been in force since 1985, the local Sunday Times reported.

Foreign Employment Promotion Minister Dilan Perera has said that the number of Sri Lankans employed abroad had risen from 14,456 in 1986 to 282,331 in 2012 during this 28 year period.

The proposed new law will have eight different bodies to regulate the foreign employment sector.

A National Advisory Council on Employment Migration, Sri Lanka Employment Migration Authority, Sri Lanka Rata Viruwo Foundation, Overseas Sri Lanka Foundation, Worker's Welfare Fund, Foreign Employment Promotion Fund, National Chamber of Foreign Employment Agencies and a Board of Review to hear appeals against decisions of the Sri Lanka Employment Migration Authority are the eight institutions.

In a memorandum to the Cabinet the Minister has pointed out the need for new laws as more than 10,000 sub agents and many migration consultants who are not regulated by any Act of Parliament have emerged in the sector. The presence of nearly 30,000 foreign workers in Sri Lanka is another serious concern, the Minister has noted.

According to the Central Bank data, the foreign employment sector had contributed US$ 6.76 billion last year which is 45 percent of the country's total foreign exchange earnings.

ColomboPage - Recent 10 Stories
Minister orders to remove unauthorized structures blocking flood water drainage in Colombo, suburbs
-- [9 minutes ago]
Heavy rains in central highlands, sluice gates of reservoirs opened
-- [1 hour and 7 minutes ago]
Sri Lanka President seeks cooperation of all stakeholders to make Gramashakthi poverty alleviation program a reality
-- [1 hour and 34 minutes ago]
Inaugural Great Manager Awards recognizes Sri Lanka's high performance leaders
-- [2 hours ago]
Prime Minister instructs officials to prepare for emergency flood relief
-- [3 hours ago]
Sri Lanka nationwide inflation declines to 1.6 percent in April 2018, lowest in two years
-- [4 hours ago]
Inform power failures to 1987 promptly, refrain from touching downed lines - Ministry
UNP MP Chaminda Wijesiri to leave government
Army troops ready to be deployed in disaster situation
Nations Trust Bank - realizing dreams

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.