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The annual per capita consumption of sugar in Sri Lanka is around 30 kg (66 lb) and the total annual requirement of sugar in the country is around 550,000 tons. In 2012, the country only produced 42,940 tons and imported 593,870 tons, [2] with only approximately 7% of the annual requirement produced locally. The balance requirement has to be ...
Pelwatte Sugar Industries PLC is a Sri Lankan sugar manufacturing company, which is listed on the Colombo Stock Exchange. The main sugar factory of the group is located in Buttala in the Moneragala District, Uva Province, about 225 kilometres (140 mi) from Colombo to the east of the country. Pelwatte Sugar was incorporated on 19 February 1981 ...
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Lankapuvath distributes news and images via the Internet, TV, SMS and mobile phones. This output is supplemented by additional services aimed at catering to news requests from a demanding public. [clarification needed] Lankapuvath operates 24 hours a day 7 days a week and mainly targets over 2 million Sri Lankans living overseas. [citation needed]
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).
The Sri Lankan economic crisis [8] is a 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]
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.