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Parliamentary elections were held in Sri Lanka on 5 August 2020 to elect 225 members to Sri Lanka's 16th Parliament. [ 1][ 2][ 3] 16,263,885 people were eligible to vote in the election, 31.95% of whom were young voters. [ 4][ 5] The incumbent Sri Lanka People's Freedom Alliance coalition claimed a landslide victory in the election, winning 145 ...
v. t. e. Sri Lanka elects on the national level a head of state – the president – and a legislature. Sri Lanka has a multi-party system, with two dominant political parties. All elections are administered by the Election Commission of Sri Lanka .
On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2] Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result. [3]
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
5th. 7 February 2024 –. The 16th Parliament of Sri Lanka is the current Parliament of Sri Lanka, with the membership determined by the results of the 2020 parliamentary election held on 5 August 2020. According to the Constitution of Sri Lanka the maximum legislative term of the parliament is 5 years from the first meeting.
Sethusamudram Shipping Canal Project ( lit. ' Setu Ocean Shipping Canal Project') is a proposed project to create a shipping route in the shallow straits between India and Sri Lanka. This would provide a continuously navigable sea route around the Indian Peninsula. The channel would be dredged in the Sethusamudram sea between Tamil Nadu and Sri ...
IAS 37 was originally issued by the International Accounting Standards Committee in 1998, superseding IAS 10: Contingencies and Events Occurring after the Balance Sheet Date, and was adopted by the IASB in 2001. [ 1] It was seen as an "important development" in accounting as it regulated the use of provisions, minimising their abuse such as in ...
Since 2021, Sri Lanka had facing its most severe economic crisis since its independence in 1948 due to several reasons. The SLPP government thus began to grow increasingly unpopular; according to a poll conducted by Verité Research in March 2022, the government's approval rating had fallen to just 10% amidst the crisis and subsequent protests.