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The Sri Lankan economic crisis[8] is an ongoing crisis 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]
2021 Lanka Premier League. The 2021 Lanka Premier League also known as Wolf777 News LPL T20, [1] for sponsorship reasons, was the second edition of the Lanka Premier League (LPL) Twenty20 franchise cricket tournament in Sri Lanka. [2] It took place from 5 to 23 December 2021. [3]
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
The 2022 Sri Lankan protests, commonly known as Aragalaya (Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe inflation ...
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [1] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
1,900 kg (4,200 lb) The Vega EVX is an all-electric battery-powered two-seater AWD sports car developed by Sri Lankan automobile manufacturer Vega Innovations and is planned to enter production in 2022. [1] This car is the first sports car to be manufactured in Sri Lanka and the first all electric sportscar to be manufactured in South Asia.
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents (Sinhala: සත, Tamil: சதம்), but cents are rarely seen in circulation due to its low value. It is issued by ...
Summary. The start of the season was impacted by COVID-19. After the 2018–19 season, the inaugural Sri Lanka Super League was scheduled to kick-off in April 2020, [1] but was rescheduled to November, [1] 29 January 2021 [2] and finally started on 19 April 2021, [3] due to concerns of the pandemic. [4]