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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]
Located near Colombo and the Bandaranaike International Airport, this zone was established in 1985. It is the second-largest EPZ in Sri Lanka and houses various industries including textiles and electronics. [5] Horana EPZ: Kalutara District: Established in 1999, the Horana EPZ focuses on low-polluting industries.
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
A former FBI informant accused of lying about President Joe Biden and his son Hunter Biden’s alleged business dealings with a Ukrainian energy company has agreed to plead guilty to federal ...
However, if you’re not a fish eater, walnuts, chia seeds, hemp seeds and flaxseeds all contain a plant form of omega-3 called alpha-linolenic acid (ALA). So, toss them in your yogurt! So, toss ...
Investment in shares in Sri Lanka and repatriation of proceeds take place through Share Investment External Rupee Accounts (SIERA) opened with licensed commercial banks. Income from investments such as interest, dividends, and profit realized from such investments are not subject to exchange control regulations by the Sri Lankan government.
A couple in Australia had their marriage annulled after the bride said she didn't genuinely consent. The woman said she believed the ceremony was a "prank" being filmed for Instagram.
The COVID-19 pandemic in Sri Lanka is part of the ongoing worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) virus. The first case of the virus in Sri Lanka was confirmed on 27 January 2020, after a 44-year-old Chinese woman from Hubei , China , was admitted to ...