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The earliest examples of irrigation works in Sri Lanka date from about 430 BCE, during the reign of King Pandukabhaya, and were under continuous development for the next thousand years. In addition to constructing underground canals , the Sinhalese were the first to build completely artificial reservoirs to store water , referred to as tanks ...
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 ...
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
Sri Lanka is a tropical island situated close to the southern tip of India. It is situated in the middle of Indian Ocean. Because of being an island, Sri Lanka has many endemic freshwater fauna, as well as thousands of marine and brackish water fauna. [1] Fishing is the way of life of most of coastal community.
In 2009 the company was acquired by the UAE-based Onyx Group which is owned by the Sri Lankan businessperson Sri Lanka Investment Corporation and re-branded as "Ceylon Steel" Corporation Limited. [5] [6] On 2020 Lanwa Sanstha announced they plan to build massive cement corporation under the name of Lanwa Sanstha Cement Corporation. The company ...
The institute was initially established as "Society of Certified Management Accountants of Sri Lanka", on 3 June 2000 in Colombo Sri Lanka with the help technical assistance and the guidelines of Certified of Management Accountants of Canada (CMA Canada), now CPA Canada and the Institute of Management Accountants (IMA) of USA and International Federation of Accountants (IFAC) which is the ...
Parliamentary elections were held in Sri Lanka on 10 October 2000.. The People's Alliance (PA) government Kumaratunga had led for six years was facing increasing criticism on two fronts: a series of military defeats at the hands of the rebel Liberation Tigers of Tamil Eelam in the country's civil war, and the faltering performance of the economy.
[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...