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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]
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
The annual per capita consumption of sugar in Sri Lanka is around 30 kg (66 lb) and the total annual requirement of sugar in the country is around 550,000 tons. In 2012, the country only produced 42,940 tons and imported 593,870 tons, [2] with only approximately 7% of the annual requirement produced locally. The balance requirement has to be ...
Gamperaliya (The Transformation of a Village) is a novel written by Sri Lankan writer Martin Wickremasinghe [2] and first published in 1944. Wickremasinghe subsequently wrote Kaliyugaya and Yuganthaya, as a trilogy encompassing three generation of the same family and the changing society, culture and economic environment of Sri Lanka between the early and mid 20th century.
Sri Lanka-China relations started as soon as the People's Republic of China was formed in 1949. The two countries signed an important Rubber-Rice Pact in 1952. [248] Sri Lanka played a vital role at the Asian–African Conference in 1955, which was an important step in the crystallisation of the NAM. [249]
The library was built in 1933 and is Sri Lanka's second most important public Library, after only the Colombo Public Library [2] During the early 1980s, it was one of the biggest libraries in Asia, containing over 97,000 books and manuscripts. [3] [4] In 1981, it was burned down in a deliberate mob attack]]. [5]
The Wesleyan Press continued to print and publish scholarly books produced by missionaries such the Reverend D. J. Gorgerly and Percival. The press also printed the Sinhala Bibles for the Ceylon Bible Society Auxiliary for many years. The Methodist Church, known for some noted educators, set up many schools in Sri Lanka, including:
Kaluachchigamage Jayatillake (Sinhala: කේ.ජයතිලක; 27 June 1926 – 14 September 2011), known as K. Jayatillake, was a Sinhala novelist and literary critic. He was born in Kannimahara, Gampaha District, Sri Lanka and was a contemporary of Mahagama Sekara having studied in the same school. He married Sumana Jayatillake and was the ...