Official name |
Democratic Socialist Republic of Sri Lanka |
Location |
880 kms north of the equator, adjacent to the southern tip
of India |
Area |
65,610 sq km
|
Population |
18.2 million |
Commercial Capital |
Colombo |
Administrative Capital |
Sri Jayawardanapura |
Time zone |
UTC plus 6 hours |
Languages |
Sinhala Tamil English (English is widely understood and
spoken through the Island. |
Religions |
Buddhism Hinduism Christianity Islam |
Ethnic Groups |
Sinhalese Tamils Muslim Burghers and Malays |
Education & Literacy |
Sri Lanka's literacy rates stands at 90%, one of the highest
in the region. Education is divided into primary, secondary and
tertiary (University Education). Sri Lankan students spend 12 years
in College which encompasses the primary and secondary
divisions. |
Currency |
Sri Lankan Rupee denomination: Rs.10/-, Rs.20/-, Rs.50/-,
Rs.100/-, Rs.200/-, Rs.500/-, Rs.1,000/-. One hundred cents make a
rupee. |
Exchange Rate |
US$ = Rs.71.00 (1999) |
Business Hours |
Sri Lanka adopts a 5-day week from Monday through
Friday. Hours of business are usually as follows: Government
Offices: 9:00 a.m. to 5:00 p.m. Private Enterprises: 8:30 a.m.
to 5:00 p.m. Banks: 9:00 a.m. to 3:00 p.m.
Post Offices: 8:30 a.m. to 5:00 p.m. (General Post Office in Colombo,
Fort is open 24 Hours a day). |
Economy |
Sri Lanka primarily is an agricultural country. The
chief crop is rice, which is the staple diet of the people. Tea,
Rubber, Coconut and Spices are the important agricultural crops.
Other growing areas of importance are light manufacturing industries, such
as, apparel and the banking and financial service sector. |
GDP 1998 |
Rs.567,742 Million (up to 30.09.98) - GDP Growth - 4.8% |
GNP 1998 |
Rs.560,142 Million (up to 30.09.98) - GNP Growth - 4.7% |
Hotels |
The Hilton, Inter-Continental, Oberoi, Taj, Holiday Inn,
Galadari, Trans Asia, chains have 5-Star representation in Sri
Lanka. Other high quality accommodation is also
available. |
Telecommunications |
Telephone, Fax, Cellular, Satellite, E-mail and Internet
services are widely available in Colombo. Typical line speed of data
transmission averages 33.6 KBPS. Cellular Systems offer AMPS, ETACS
and GSM Networks. |
Credit Cards |
Visa, Master Card, American Express, Diners are accepted in
the Commercial centres. |
Banks |
Hong Kong Bank, ANZ Grindlays, ABN Amro, Standard Chartered,
Deutsche Bank, Mashreq, Malaysia Public Bank, American Express and Societe
General, among other international Banks represented in Sri Lanka. |
Airports |
The Bandaranaike International Airport is situated in
Katunayake, an hour's drive from Colombo. |
Air Lines |
All international air lines are represented in Sri
Lanka. |
Shipping |
The Port of Colombo is South Asia's Shopping Hub and offers
state of the art transshipment facilities and computerized customs and
warehousing. Other Ports in Galle and Trincomalee are currently
being upgraded to support the Port of Colombo. |