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Soon, coffee became the primary commodity export of Sri Lanka. Falling coffee prices as a result of the depression of 1847 stalled economic development and prompted the governor to introduce a series of taxes on firearms, dogs, shops, boats, etc., and to reintroduce a form of rajakariya, requiring six days free labour on roads or payment of a ...
1961 Insurance industry nationalised, creating the Sri Lanka Insurance Corporation. [56] [57] 1961 American and British oil companies nationalised, creating Ceylon Petroleum Corporation. [58] 1971 Graphite mines nationalised, creating the State Graphite Corporation. [58] Partially privatised in the 1990s. [59]
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
The Mahāvaṃsa (300 BCE) has records of people from Sri Lanka emigrating to the Maldives. [20] Assuming that cowrie shells come from the Maldives, historians believe that there may have been people living in the Maldives during the Indus Valley civilisation (3300–1300 BCE). [38]
In response, Facebook engineers developed tools and technologies to optimize PHP performance. One of the most significant was the creation of the HipHop Virtual Machine . This significantly improved the performance and efficiency of PHP code execution on Facebook's servers. The site started switching from HTTP to HTTPS in January 2011. [35]
In 2009, Airtel launched its first international mobile network in Sri Lanka. [19] In June 2010, Bharti acquired the African business of Zain Telecom for $10.7 billion, making it the largest ever acquisition by an Indian telecom firm. [20] In 2012, Bharti tied up with Walmart, the US retail giant, to start a number of retail stores across India ...
Nevertheless, a consortium comprising two Israeli companies —the Zeevi investment group and Knafaim-Arkia (the owner of Arkia Israel Airlines) — was assigned a 75 percent stake in Balkan Bulgarian in mid-1999 for a bargain price of US$150,000, with the commitment of investing US$100 million in the airline over the following ten years.