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It is the single largest oil refinery of Sri Lanka. [9] In the mid-1970s, the company began to sell LPG cylinders to homes in Colombo and further expanded its delivery network. CPC accounts for more than half of Sri Lanka's petroleum products market share, 60% national refining capacity.
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]
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]
NewsFirst or News 1st is a Sri Lankan news organization owned by the Capital Maharaja Organization Ltd. [1] News 1st primarily broadcasts news, live on three TV channels (Sirasa TV, Shakthi TV, TV 1, five radio channels (Sirasa FM, Yes FM, Shakthi FM, Y FM and Legends FM), three websites in Sinhala, English & Tamil languages, and social media platforms (YouTube, Facebook, Twitter).
Presidential elections were held in Sri Lanka on 16 November 2019. [1] [2] Incumbent president Maithripala Sirisena did not run for a second term.Gotabaya Rajapaksa, brother of former president Mahinda Rajapaksa, was the candidate of the Sri Lanka Podujana Peramuna [3] and was endorsed by the Sri Lanka Freedom Party. [4]
Sri Lanka is pockmarked with many irrigation dams, with its water resource distributed across nearly the entirety of the island for agricultural purposes via artificial canals and streams. Utilization of hydro resources for agricultural production dates back to the pre-Colonial era , with the current crop production now largely dependent on ...
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