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Agriculture in Sri Lanka. Aerial view of the Southern Province showing the land use patterns of the coastal belt. The primary form of agriculture in Sri Lanka is rice production. Rice is cultivated during Maha and Yala seasons. [1] Tea is cultivated in the central highlands and is a major source of foreign exchange.
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]
The traditional rubber growing districts of Sri Lanka are located mainly in the wet zone and include Colombo, Gampaha, Kalutara, Kandy, Matale, Galle, Matara, Kurunegala, Ratnapura and Kegalle. There is currently over 127,500 ha (315,000 acres) of land under rubber cultivation. A significant proportion of the extent under this crop is ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
Website. www.peoplesbank.lk. A branch of the bank in Kandy. People's Bank is a state-owned commercial bank in Sri Lanka. The second largest commercial bank in Sri Lanka. Established on 1 July 1961, it has its head-offices at Sir Chittampalam A. Gardiner Street in Colombo. The bank offer both retail and corporate banking services, with a network ...
Ceylon Grain Elevators PLC is an animal feed manufacturing company in Sri Lanka. The company was incorporated in 1982 as a result of an agreement between the Government of Sri Lanka and Prima Limited of Singapore. The company was listed on the Colombo Stock Exchange in 1984. Singapore-based, Prima Limited holds a controlling stake in the ...
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