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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 ...
Silumina (Sinhala: සිළුමිණ) is a Sinhala language weekly newspaper in Sri Lanka. It is published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing in March 30 1930, D. R. Wijewardena being its founder. [1] It currently has a circulation of 265,000. [2]
Rubber production in Sri Lanka commenced in 1876, with the planting of 1,919 rubber seedlings at the Henarathgoda Botanical Gardens in Gampaha. [1] The total extent under rubber in 1890 was around 50 ha (120 acres) and in the early 1900s it increased to around 10,000 ha (25,000 acres).
Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. [ 1 ] Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Trade, Commerce ...
The Supreme Court of Sri Lanka rules that SJB MP Diana Gamage holds no Sri Lankan citizenship, and is thus disqualified from her parliamentary seat. [ 59 ] [ 60 ] The Sri Lanka women's cricket team is selected for the 2024 ICC Women's T20 World Cup after winning the 2024 ICC Women's T20 World Cup Qualifier final against Scotland .
The Presidential Commission of Inquiry Into Complaints of Abductions and Disappearances (August 2015), also known as the Paranagama Commission, after its head Maxwell Paranagama, investigating missing persons Sri Lanka, found close to 19,000 persons confirmed to have gone missing during the Sri Lankan Civil War. 23,586 complaints were received ...