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
Sri Lanka's Central Bank enters into an investment agreement with Reserve Bank of India
-- [7 minutes ago]
President sends wishes to Sri Lankan team for the 20th Commonwealth Games
-- [46 minutes ago]
Sri Lankan President conveys greetings for the 20th Commonwealth Games
-- [50 minutes ago]
No short supply of heroin in Sri Lanka despite regular seizures
-- [1 hour and 0 minutes ago]
Sri Lanka's apex court dismisses opposition party's petition regarding Uva PC
-- [1 hour and 16 minutes ago]
Sri Lanka Air Force proposes a maintenance center for Chinese aircraft
-- [1 hour and 27 minutes ago]
Supreme Court of Sri Lanka orders public institutions not to obstruct people wearing Islamic attire
-- [1 hour and 39 minutes ago]
Sri Lanka opposition party leaders to meet today to call for abolishing executive presidency
-- [7 hours ago]
Sri Lanka Army says returned 19,500 acres of land in Jaffna to civilians
-- [8 hours ago]
Subway chain opens its first store in Sri Lanka
-- [9 hours ago]

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.