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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]
The foundation advocates for policies to ban single-use plastic items, [9] carries out a project to restore the water quality in Kelani River, [10] campaigns to prevent degazetting of protected areas for development projects, [11] [12] [13] litigates against illegal tourism in ecologically sensitive areas, [14] [15] advocates against the downgrading of 'other state forests, [16] litigates to ...
9 November 2018 - 11 January 2019 Minister of Trade, Consumer Affairs, Co-operative Development and Christian Religious Affairs Daya Gamage: United National Party: 11 January 2019 - 22 November 2019 Minister of Labour, Trade Union Relations and Social Empowerment Chamal Rajapaksa: Sri Lanka Podujana Peramuna: 22 November 2019 - 12 August 2020
As a Special Economic Zone (SEZ) governed by the Colombo Port City Economic Commission (CPCEC), Port City Colombo aims to be a business-friendly environment for investors. . The SEZ includes tax incentives and exemptions of up to 25 years for Businesses of Strategic Importance (BSIs), transactions in 16 designated foreign currencies with no capital or exchange controls, 100% foreign ownership ...
Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. [ 1 ] Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Trade, Commerce ...
Rubber is exported as smoked sheet, sole crepe, latex crepe and Technically Specified Rubber (TSR). In 2007 18,100,000 kg (39,900,000 lb) sheets were exported. Rubber contributing over US$ 890 million in 2019 to the economy of Sri Lanka. [8] Sri Lanka government aims to growth rubber industry US$ 2 billion by 2025. [9]
New York City had its first measurable snowfall of the season this weekend just in time for Christmas. The city received 1.8 inches of snow, according to a reading in Central Park, which was just ...
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).
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