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LankaClear. LankaClear (formerly National Cheque Clearing House) is the largest payments infrastructure provider in Sri Lanka. Established in February 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country. LankaClear is the operator of LankaPay, the country's largest ...
Sri Lanka, [a] historically known as Ceylon 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 southwest ...
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR -only online interbank payment and fund transfer system in Sri Lanka. [1] [2] SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State ...
Indian Peace Keeping Force (IPKF) was the Indian military contingent performing a peacekeeping operation in Sri Lanka between 1987 and 1990. It was formed under the mandate of the 1987 Indo-Sri Lankan Accord that aimed to end the Sri Lankan Civil War between Sri Lankan Tamil militant groups such as the Liberation Tigers of Tamil Eelam (LTTE) and the Sri Lankan military.
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]
Adam's Peak is a 2,243 m (7,359 ft) tall conical sacred mountain located in central Sri Lanka. [1] [2] It is well known for the Sri Pada ( Śrī Pāda ; Sinhala: ශ්රී පාද, 'sacred footprint'), a 1.8 m (5 ft 11 in) rock formation near the summit whose name is also used for the mountain itself. In Buddhist tradition the print is ...
The history of Sri Lanka is unique because its relevance and richness extend beyond the areas of South Asia, Southeast Asia and the Indian Ocean. The early human remains which were found on the island of Sri Lanka date back to about 38,000 years ago ( Balangoda Man ). The historical period roughly begins in the 3rd century BCE, based on Pali ...
Overview. 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%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.