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A three-party scheme consists of three main parties, as described in the adjacent diagram. In this model, the issuer (having the relationship with the cardholder) and the acquirer (having the relationship with the merchant) are the same entity. This means that there is no need for any charges between the issuer and the acquirer.
The Golden Key Credit Card Company (GKCCC) was a leading Sri Lankan financial institution specializing in credit card services, and a subsidiary of the Ceylinco Consolidated. [2] Founded on June 3, 1977, it was a wholly-owned subsidiary of the Ceylinco Group, an extensive conglomerate with more than 300 subsidiaries.
Amana Takaful PLC, doing business as Amana Takaful Insurance, is a Sri Lankan insurance company which follows the principles of Islam and it is listed in the Colombo Stock Exchange. It provides services ranging from life insurance and different types of general insurance solutions such as motor vehicle insurance , health insurance , theft and ...
[14] [15] [16] The dissident SLMC MPs founded a new political party, the All Ceylon Muslim Congress (ACMC), later in 2005. [17] In January 2007 Bathiudeen was promoted to the cabinet whilst Bhaila became a deputy minister; Abdul Majeed and Ali remained non-cabinet ministers. [18] [19] Abdul Majeed rejoined the Sri Lanka Freedom Party in 2007. [20]
Russia became Sri Lanka’s largest source of tourists after nearby India last year. Nearly 200,000 Russians and 5,000 Ukrainians visited the country of 22 million last year, official Sri Lankan ...
In 2016, the right-wing populist Sri Lanka Podujana Peramuna led by former president Mahinda Rajapaksa split from the SLFP, and following an unexpected victory in the 2018 local elections, replaced the SLFP as a main party, before becoming the ruling party following its victories in the 2019 presidential election and 2020 parliamentary election.
The purpose of the alliance was to bring about unity among Sri Lanka's differing communities. [3] Although initial discussions weren't successful, the alliance was eventually registered with the Department of Elections as a political party on 23 August 1999 with the name National Unity Alliance (NUA).
The current Parliament of Sri Lanka has 225 members elected for a five-year term. 196 members are elected from 22 multi-seat constituencies through an open list proportional representation with a 5% electoral threshold; voters can rank up to three candidates on the party list they vote for. The other 29 seats are elected from a national list ...