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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 2022 Sri Lankan protests, commonly known as Aragalaya ( Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe ...
2.30 Sri Lanka. 2.31 Syria. 2.32 Taiwan. ... Checkers also runs 24 hypermarkets under the "Checkers Hyper" name. Checkers Hyper; Choppies; Game; ... Global House ...
Checkers is a FMCG retailer owned by Shoprite that operates in Southern Africa. Checkers currently has 37 Checkers Hypers and 202 Checkers supermarkets operating in Botswana, South Africa, and Namibia. The supermarket chain focuses more strongly on fresh produce and offers a wider range of choice food items to a more affluent clientele ( LSM 8-10).
Shoprite Holdings Ltd ( Shoprite) is Africa ’s largest supermarket retailer, operating 3,543 [3] stores across the continent (distribution of total operations as at 31 December 2023). The company's headquarters are in Brackenfell in the Western Cape province of South Africa. Shoprite is a public company listed on the Johannesburg Stock ...
Ceylon Cold Stores. Ceylon Cold Stores (CCS), trading as Elephant House, is a Sri Lankan company which produces carbonated drinks, ice cream and processed meat products. Despite competition from global competitors such as Coca-Cola and Pepsi, Elephant Soft Drinks remains the market leader in Sri Lanka. [2]
The president of Sri Lanka is the elected head of state and the chief executive of Sri Lanka (formerly Ceylon). The president is a dominant political figure in the country. The office was created in 1972, as more of a ceremonial position. It was empowered with executive powers by the 1978 Constitution introduced by J. R. Jayewardene.
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [ 32] and $296.959 billion by purchasing power parity (PPP). [ 33] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.