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The welfare state of Sri Lanka began to evolve in the 1930s through to the 1970s, and comprises expenditures by the government of Sri Lanka intended to improve health, education, employment and social security. The Sri Lankan system has been classified as a liberal welfare state system. [1]
Sri Lanka Cashew Corporation; Sri Lanka Cement Corporation; Sri Lanka Export Credit Insurance Corporation; Sri Lanka Handicrafts Board; Sri Lanka Land Reclamation & Development Corporation; Sri Lanka Ports Authority; Sri Lanka Railway Authority; Sri Lanka Rubber Manufacturing Export Co. Ltd; Sri Lanka Rupavahini Corporation; Sri Lanka State ...
It was founded as the University College Library in 1921. With the amalgamation of the Ceylon University College and the Ceylon Medical College in 1942 to form the first university in Sri Lanka, the University of Ceylon, University College library became the University of Ceylon library. At the time this transformation occurred, the library ...
It is considered as one of the most systemically important banks in Sri Lanka. It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion ...
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]
K Seeds Investments, a Sri Lankan boutique investment bank ranked L B Finance the best performing finance company in the category of companies which asset base is greater than one billion rupees. The company has recorded a LKR1.34 billion profit for the first quarter of the financial year 2021/22, the highest among the 29 listed finance companies.
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%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Domestic workers from the Philippines are employed in Karachi's posh locales, while many of the city's teachers hail from Sri Lanka. [222] Many Sri Lankans moved to Karachi due to the 2022 Economic Crisis in Sri Lanka. Expatriates from China began migrating to Karachi in the 1940s, to work as dentists, chefs and shoemakers, while many of their ...