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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 ...
Sri Lanka's population, (1871–2001) Sri Lanka has roughly 22,156,000 people and an annual population growth rate of 0.5%. The birth rate is 13.8 births per 1,000 people, and the death rate is 6.0 deaths per 1,000 people. [ 267] Population density is highest in western Sri Lanka, especially in and around the capital.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
Lake Gregorysometimes also called Gregory Lakeor Gregory Reservoir, is a reservoirin the heart of the tea country hill city of Nuwara Eliyain Sri Lanka. Lake Gregory was created during the period of BritishGovernorSir William Gregoryin 1873.[2] The lake and the surrounding area make up the Gregory Lake Area. History.
John Keells Holdings PLC (JKH) is one of the largest conglomerate companies in Sri Lanka.From managing hotels and resorts in Sri Lanka and the Maldives to providing port, marine fuel and logistics services to IT solutions, manufacturing of food and beverages to running a chain of supermarkets, tea broking to stock broking, life insurance and banking to real estate, the Group of companies has ...
In 2019, Sri Lanka was the fourth largest tea producer and the third largest tea exporter in the world. [2] The Lion Logo has been registered in 98 countries as of 2016. [ 3 ] Ceylon tea increasingly faces rising production costs, mainly due to increasing wages, fuel prices, and utility costs.
Agriculture in Sri Lanka. Aerial view of the Southern Province showing the land use patterns of the coastal belt. The primary form of agriculture in Sri Lanka is rice production. Rice is cultivated during Maha and Yala seasons. [1] Tea is cultivated in the central highlands and is a major source of foreign exchange.
The culture of Sri Lanka mixes modern elements with traditional aspects and is known for its regional diversity. Sri Lankan culture has long been influenced by the heritage of Theravada Buddhism passed on from India, and the religion's legacy is particularly strong in Sri Lanka's southern and central regions.