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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]
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.
The 2024 Sri Lankan presidential election was the ninth presidential election in the country’s history and was held on 21 September 2024. [ 4 ] [ 5 ] Incumbent President Ranil Wickremesinghe ran for re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015 .
The COVID-19 pandemic in Sri Lanka is part of the ongoing worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) virus. The first case of the virus in Sri Lanka was confirmed on 27 January 2020, after a 44-year-old Chinese woman from Hubei, China, was admitted to the ...
Colombo City is the hub of Sri Lanka's economic activity. The great majority of Sri Lankan corporations have their head offices in Colombo including Aitken Spence, Ceylinco Corporation, Stassen group of companies, John Keells Holdings, Cargills, Hemas Holdings, SenzMate and Akbar Brothers. Some of the industries include chemicals, textiles ...
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency 's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system.
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [16] [17] [18] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.
The Loris, found only in Sri Lanka and South India, is related to the Lemurs of Madagascar. The connection to India led to a commonality of species, e.g. freshwater fish, the now extinct Sri Lankan Gaur (Bibos sinhaleyus) and the Sri Lankan Lion (Panthera leo sinhaleyus). [5] The island was connected, off and on at least 17 times in the past ...
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