Business and Economics
Anantaya Resorts & Spas Chilaw and Passikudah Recognized by TripAdvisor for Traveler’s Choice Award 2020

Anantaya Resort & Spa Chilaw and Anantaya Resort & Spa Passikudah, Sri Lanka, operated by LAUGFS Leisure Limited, have once again been awarded TripAdvisor Traveler’s Choice Awards for the year 2020. Both resorts have received the accolade which highlight a consistent and large amount of positive reviews from guests and represent the top 10% of properties available on TripAdvisor for a geographic region.

Nestled in the sun-bathed coastal town, Anantaya Chilaw is dedicated to offering infinite luxury and tranquillity to its guests. The resort provides world-class hospitality and is well equipped to cater to all the needs of its guests. Its 91 luxurious rooms and suites are designed to provide soothing comfort and relaxation to all its guests and the expertly trained staff are ready to provide unrivaled service for anyone seeking to escape the hustle and bustle of everyday life. The resort also features an extensive range of convention facilities for business conferences and functions, serving as the ideal venue for professional settings with a refined touch of class and elegance.


Microsoft to help 25 million people worldwide acquire new digital skills needed for the COVID-19 economy

Microsoft recently announced a new global skills initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year.

The announcement comes in response to the global economic crisis caused by the COVID-19 pandemic. To date, the pandemic has put close to 75 million people out of work.

With a labor force of close to 8.9 million, the unemployment rate in Sri Lanka increased to 5.7 percent in the first quarter of 2020 from 4.5 percent in the fourth quarter of 2019 (CEIC). .

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“Government to woo youth into tea planting”

The government will set up a Rs 500 million special fund to provide loans at low interest rates to new tea small holders, said former State Minister of Tea Industry Development, Kanchana Wijesekera.

He said that the Ministry will obtain funds from the private and government sectors, state banks, Tea Board and private sector-based tea stakeholders to set up this fund. “We hope to provide these loans through state banks at a single digit interest rates with a 18 month grace period enabling the tea small holders to wait until such time tea is plucked in and revenue starts flowing in. We will also introduce a special insurance package along with the loan scheme to ensure against any loss to the plantation,” Wijesekera further commented.

“By implementing this loan scheme, people who want to start planting tea but don’t have access to credit or lands get both. We have observed that the younger generation is moving out of the Plantation sector and we hope they will make use of this Loan Scheme to get involved in the tea Plantation sector,” he observed further.

He said the Ministry has observed that there is a lot of barren land with the State Plantations Companies and hope to provide between 2-5 acres each to new Tea Small Holders in a bid to create more new Tea Small Holders. New Planters who obtain land under this proposed project too would be entitled to this loan scheme.

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