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During the last El Nino in 2016/17, Sri Lanka suffered its worst drought in 40 years and rice output fell by nearly 50% year-on-year to 2.4 million metric tons over both its harvests.
Sri Lanka experienced rolling blackouts for three to five hours per day except on Sundays in all parts of the island nation at different time schedules that started from 24 March 2019 to present. [1] [2] [3] This is regarded as one of the worst blackouts confronted in Sri Lanka since 2016 and the longest ever blackout recorded in history of the ...
Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව Lanka Bænkuwa, Tamil: இலங்கை வங்கி Ilangai Vangi) is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo .
The drought has cut the hydro-power generation in half to 15 percent of the nation's total electricity production as the Ceylon Electricity Board (CEB) seeks to save water for household and ...
Climate change and agriculture in Sri Lanka: a Ricardian valuation, Journal of Environment and Development Economics 2005; 10: 581–596. Sri Lanka about to sign Paris Agreement to minimize Global Warming. Through this act, Sri Lanka will contribute its own share to the world's effort of bringing down global warming to a certain extent.
On 25 February 2016, the entire country of Sri Lanka experienced a 3-hour blackout due to a bolt of lightning striking the national power grid. [18] On 13 March 2016, Sri Lanka experienced another 7-hour island-wide blackout due to a damaged transformer in the 220 kV substation at Biyagama.
The economy rebounded in 1997–98 with a growth of 6.4% and 4.7% – but slowed to 3.7% in 1999. For the next round of reforms, the central bank of Sri Lanka recommends that Colombo expand market mechanisms in nonplantation agriculture, dismantle the government's monopoly on wheat imports, and promote more competition in the financial sector ...
Recognizing its exceptional performance and achievements, DFCC Bank has been recognized with several prestigious accolades. These include awards for “Best Performance on Growth” and “Best Performance on Profitability” at the 2nd ICC Emerging Asia Banking Conclave & Awards; Silver Awards for “Best Use of Experiential Digital Marketing” and “Best SEO/SEM Campaign” at the SLIM ...