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Thursday June 20th, 2024

Sri Lanka to introduce artificial intelligence to school curriculum in 2024

ECONOMYNEXT – Sri Lanka’s education ministry plans to introduce artificial intelligence (AI) to the school curriculum in 2024 with an emphasis on robotics, machine learning, data mining, computer vision and related technologies, an official said.

National Institute of Education Director General Sunil Jayantha Nawarathna told EconomyNext that such subjects should be taught to students from grades 6 to 13 “depending on their level”. Plans are also underway to encourage students to use tools like ChatGPT and Google Bard to enhance their knowledge with respect to other subjects.

Minister of Education Susil Premajayanthe recently announced plans to introduce AI to the school curriculum to advance the island nation’s standard of education to international standards.

Science and Information Technology (IT) will be taught using AI from next year, the official said, adding that AI has the potential to contribute to the improvement of Sri Lanka’s education system.

“Artificial intelligence will help the students improve their skills,” said Nawaratnhe.

AI can facilitate greater access to educational resources, especially in remote or underserved areas, he said. Coding will also be taught as part of the new curriculum.

Sri Lanka’s education budget for 2023 is 504 billion rupees.

The ministry of education also plans to introduce STEAM (Science, Technology, Engineering, the Arts and Mathematics) in a bid to revamp the island nation’s outdated education system. (Colombo/May27/2023)

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  1. Ravindu says:

    What a joke in poor Sri Lanka. First give children a glass of milk

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  1. Ravindu says:

    What a joke in poor Sri Lanka. First give children a glass of milk

Sri Lanka stocks close up, JKH trade pushes turnover

ECONOMYNEXT – The Colombo Stock Exchange closed up on Thursday, data on its site showed.

The broader All Share Index closed up 0.19 percent, or 23.11 points, at 12,249; while the more liquid S&P SL20 Index closed up 0.15 percent, or 5.33 points, at 3,610.

Turnover was 2 billion. Nearly half of this (Rs980mn) came from a crossing on John Keells Holdings Plc. The share closed down at 202.00.

“There were several crossings today which pushed turnover,” market participants said.

“Institutions and high net-worth activity drove the market, while the retail investors we feel are still about uncertain and adopting a wait-and-see approach.”

Melstacorp Plc was among the companies that saw active volumes (Rs194mn) in the day. The share closed up at 87.10.

Top contributors to the index included TeeJay Lanka Plc (up at 41.70), Sampath Bank Plc (up at 79.50), Hatton National Bank Plc (down at 201.00). Hayleys Plc (up at 105.00) and its subsidiary Hayleys Fabric Plc (up at 46.60) were also positive contributors. (Colombo/Jun20/2024)

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Sri Lanka, India launch maritime rescue coordination centre

ECONOMYNEXT – Sri Lanka’s president Ranil Wickremesinghe and visiting Indian External Affairs Minister S Jaishankar marked the formal commissioning of a Maritime Rescue Coordination Centre in the island nation on Thursday.

The MRCC was constructed with a 6 million dollar grant from India.

It includes a centre at Navy headquarters in Colombo, a sub-centre in Hambantota and unmanned installations at Galle, Arugambay, Batticaloa, Trincomalee, Kallarawa, Point Pedro and Mollikulam.

Wickremesinghe and Jaishankar also launched, virtually, 106 houses in Kandy, Nuwara Eliya and Matale under the Indian Housing Project. 24 houses in each model village were handed over.

Jaishankar called on President Ranil Wickremesinghe at the President’s House earlier in the day for a one-on-one meeting, the president’s media division said.

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Indian FM Jaishankar in Sri Lanka to discuss partnerships amid project delays, ahead of polls

Jaishankar’s one-day official visit to Colombo was to discuss “wide-ranging issues of the partnership”, India said, amid delays of some key Indian projects ahead of a presidential poll in Sri Lanka. (Colombo/Jun20/204)

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Sri Lanka, Saudi Arabia to cooperate in promoting direct investment

ECONOMYNEXT – Sri Lanka and the Kingdom of Saudi Arabia will sign a memorandum of understanding for cooperation in promoting direct investment, Cabinet spokesman minister Bandula Gunawardena said.

“Both sides reached an agreement,” during the special meeting of the World Economic Forum held in Riyadh, Saudi Arabia, Gunawardena told reporters on Thursday.

The agreement “aims to attract direct investment to the country and improve the investment environment of both countries through policy and legal reforms, provision of advanced and integrated infrastructure, process redesign, etc.”

Sri Lanka lagged behind regional nations in attracting foreign direct investment, the minister said. “Compared to Singapore which last year attracted FDIs of 140 billion dollars, India 70 billion dollars, Vietnam 28 billion dollars, and Thailand 20 billion dollars, Sri Lanka only attracted 1 billion dollars.”

“We hope for foreign investments in a big way, to solve our balance deficit crisis.” (Colombo/Jun20/2024)

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