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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.
Sri Lanka, [ a ] historically known as Ceylon, [ b ] and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait. It shares a maritime border with the Maldives in the ...
Sri Lanka's cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst ...
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]
Women's Texture Tugless One-Piece Swimsuit. $33 $73. Code: MEMORIAL. See at Lands' End. We're working hard to bring you the best Memorial Day sales and the best deals to shop over the long weekend ...
Rubber production in Sri Lanka commenced in 1876, with the planting of 1,919 rubber seedlings at the Henarathgoda Botanical Gardens in Gampaha. [ 1] The total extent under rubber in 1890 was around 50 ha (120 acres) and in the early 1900s it increased to around 10,000 ha (25,000 acres). By 1982 the total extent under rubber was around 180,000 ...
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