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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
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]
Dominion status followed on 4 February 1948 with military treaties with Britain, as the upper ranks of the armed forces were initially British, and British air and sea bases remained intact. This was later raised to independence itself and Senanayake became the first Prime Minister of Sri Lanka. In 1949, with the concurrence of the leaders of ...
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 ...
The Sri Lankan Rupee ( Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala: සත, Tamil: சதம் ), but cents are rarely seen in circulation due to its low value. It is issued ...
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.
Culturally, Sri Lanka possesses strong links to both India and Southeast Asia. [ 1] For over 2,500 years, India and Sri Lanka have nurtured a legacy of historical, cultural, religious, spiritual, and linguistic connections. The country has a rich artistic tradition, with distinct creative forms that encompass music, dance, and the visual arts.
Rank Name Financial statistics in millions LKR Industry Revenue Profit Assets Market Cap. 1 Hayleys PLC: 241,276 14,046 279,383 45,600 Conglomerate