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Colombo Land and Development Company PLC (CLDC) is a Sri Lankan property development and holding company involved in mixed development projects in the real estate and retail sector. Established on 8 December 1981, CLDC was subsequently listed on the Colombo Stock Exchange on 19 March 1986.
Sri Lanka's Ministry of Finance in 2020 changed its cash-basis accounting convention and charged some payment arrears to the previous year, reporting an 11.1% of GDP deficit for 2020 and revising up the 6.8 deficit in 2019 to 9.6%. [123] Sri Lanka's main opposition charged that it was accounting fraud since arrears are always charged to the ...
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2] For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
Land in Bolivia was unequally distributed – 92% of the cultivable land was held by large estates – until the Bolivian national revolution in 1952. Then, the Revolutionary Nationalist Movement government abolished forced peasantry labor and established a program of expropriation and distribution of the rural property of the traditional landlords to the indigenous peasants.
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Believed to be the first coupon ever, this ticket for a free glass of Coca-Cola was first distributed in 1888 to help promote the drink. By 1913, the company had redeemed 8.5 million tickets. [6] Coca-Cola's 1888-issued "free glass of" is the earliest documented coupon. [6] [7] Coupons were mailed to potential customers and placed in magazines ...
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
It has montmorillonite clay and is the only place in Sri Lanka where this kind of clay can be obtained. This clay is used in making cement. Aruvi Aru is the second longest river in Sri Lanka and runs through Mannar and Anuradhapura districts. Mannar has artesian springs and aquifers. These water supply comes from Sri Lanka's central areas.