Two vertical bands of green and orange at the mast end represent the minority ethnic groups. It is an adaptation of the standard of the last King of Sri Lanka. National Tree : NA iron wood tree or Mesua nagassarium. It is common in the National Parks and forests in all parts of Sri Lanka.
Population : 20,, 21 million Population Density : person per sq km Life expectancy at birth : total population : Literacy Rate : Bright, sunny warm days are the rule and are common even during the height of the monsoon — climatically Sri Lanka has no off season.
The south west monsoon brings rain mainly from May to July to the western, southern and central regions of the island, while the north-east monsoon rains occur in the northern and eastern regions in December and January.
Agriculture — Products : Rice, sugarcane, grains, pulses, oilseed, roots, spices, tea, rubber, coconuts; milk, eggs, hides and meat. Unemployment rate : 6. Currency Notes are available in the denominations of Rs. Coins are issued in values of Cts. North Korea. South Korea. Czech Republic. United Arab Emirates. Sierra Leone.
Sri Lanka. Costa Rica. Equatorial Guinea. Solomon Islands. Republic of Macedonia. El Salvador. New Caledonia. Unsupported Browser Detected. Sri Lanka An Introductory Essay. Geography Shaped like a teardrop, the island of Sri Lanka measures about miles km. Trade and the Colonial Era Long-distance ocean trade in the Indian Ocean region has existed since ancient times.
Discussion Questions Based on what you have learned in this essay, how would you describe U. Think about its form of government, its domestic policies and unrest, and its trade goods. Can you make a hypothesis on bi-lateral relations? Colombo was not physically impacted by the December tsunami. How do these countries' experiences compare and contrast? What roles do ethnic and religious diversity play?
Sri Lanka is geo-politically tied to India. What are Sri Lanka's other important foreign relations? Author: John Major.
Additional Background Reading on Asia. Student Jerry Tian gives us his perspective. North Korea: Looking Beyond the Stereotypes. We've compiled resources to help you cut through the stereotypes surrounding North Korea and more deeply examine the country, its people, and the complexities of its politics and nuclear program.
China Learning Initiatives. The World's Most Incredible Alphabet. Hint: It was invented to fit a language that previously used a borrowed writing system.
Visualize the World. Museum resources and educational resources that help students develop visual literacy and a better understanding of the world. Revelations from the Brush. A case for practicing calligraphy from one learner's perspective. The Three Teachings. The economy's high dependence on subsistence agriculture, low levels of income and tax compliance, and inefficient tax administration are the key contributors to low levels of PIT revenue.
The corporate income tax CIT in Sri Lanka of 35 percent flat rate is relatively modest and is similar to the rates in other Asian economies. However, the CIT tax yield in Sri Lanka is quite low, as many firms are offered tax incentives to encourage investment. Manufacturing accounts for 16 percent of the gross domestic product and employs nearly , people. The textile industry is the largest of Sri Lanka's industries, contributing 63 percent to industrial sector growth Other major manufacturing industries include processed diamonds, food and beverages, light engineering, chemicals, petroleum, rubber and plastics, and machinery and equipment.
The manufacturing sector that evolved under the import substitution development strategy in the s to cater mainly to the domestic market has transformed into a sector catering to the foreign market. Much of the industrial output is exported and it is the single major export earner in the economy in , industrial exports accounted for 54 percent of total export earnings. This remarkable achievement is attributable to the policy reforms introduced during the post period.
Under the reforms, the private sector was encouraged to participate in export-oriented industries through various incentives, and several free zones were established.
This resulted in a significant inflow of foreign investment; the private sector emerged as the major contributor to industrial output.
Overall, market-oriented policy reforms introduced during the post period have led to far-reaching changes in the structure and performance of the manufacturing sector. Mining is a minor economic activity contributing about 2 percent of the gross domestic product The country's mineral extraction industries include the mining of gemstones and graphite; excavation of beach sands containing ilmenite and monazite; and quarrying quartz sand, clay, and salt.
Gem mining is traditionally the most important activity, producing high value gem-stones such as sapphire, ruby, and topaz, and a variety of semiprecious stones, most of which are exported. Sri Lanka leads the world in high-grade graphite mining. Wholesale and retail trade, the largest sub-category in the service sector, accounts for about 21 percent of the gross domestic product and employs about 22 percent of the workforce With the lifting of import controls and the government monopoly in the importation and distribution of essential consumer goods during the post period, the trade sector expanded rapidly.
Domestic trade accounts for half the value of the trade sector. Increased participation by foreign firms in domestic trade in Sri Lanka is a relatively recent phenomenon, with international food franchises such as McDonald's and Pizza Hut in operation. Numerous small outlets including street stalls serve the retail trade, and in the major cities there are large shopping centers and supermarkets.
Banking, insurance, and real estate accounted for 8 percent of gross domestic product in This sector expanded rapidly following the policy reforms that dismantled the virtual government monopoly in the insurance industry and lifted the restrictions in the banking industry.
The increased incentives for the private sector led to the emergence of several new insurance companies and banks. A total of 6 new local banks were established and 11 foreign banks opened branches. The banking system consists of 11 local and 16 foreign banks. Two development finance institutions and several merchant and investment banks are also active participants in the financial markets in Sri Lanka.
In addition, 22 financial institutions providing credit facilities are in operation. The Sri Lankan financial system comes under the regulation of the Central Bank of Sri Lanka, which is the monetary authority of the country.
0コメント