Sri lanka stock market etf
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After years of civil conflict, Sri Lanka takes the needs of its multiethnic population very seriously, with a very pleasant side-effect: It's one of the highest national public holiday counts in Asia, far outstripping Singapore's 13 days, Japan's 17 days and even Indonesia and Thailand's relatively generous 19 and 20 days respectively.
For Americans, who survive on a measly nine mandated days off a year, as well as Australians on just 10, 25 would be a dream. Up to 70 percent of Sri Lankans are Buddhists, while the rest of the population identify as Hindu, Muslim, Catholic, Christian or "other," according to an official census in As a result, most public holidays are for Buddhist holiday days, but there are also holidays for important Hindu, Christian and Muslim religious events.
The full moon day of every lunar month is known in Sri Lanka as Poya day, a Buddhist day of observance. There are 12 Poya public holidays alone inwhich generally sees residents wind down and the sale of alcoholic beverages, meats and fish banned.
Lolitha Abesinghe, managing director of investment advisory firm Opportunity Sri Lanka, told CNBC that the high number of religious public holidays was a way to "extend the same level of respect to a cosmopolitan mix of population Sri Lanka only emerged in from a long and bloody civil war, mostly between the Sinhalese government and the Liberation Tigers of Tamil Eelam, a terror group that represented the Tamil minority.
And while the high number of national holidays are a sign of religious stock market greek symbols, some sri lanka stock market etf complain that they're unfavorable for the economy.
People working on a public holiday are entitled to double the normal rate of wages, according to Sri Lanka's Shop and Office Employees Act.
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He added that the public livestock marketing association of canada helped boost best way make money caravaneer revenue potential of hotels, shopping malls and other entertainment-related industries. But Lahiru Pathmalal, chief executive of Takas, a Sri Lanka-based internet e-commerce startup, is less positive.
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Pathmalal told CNBC that he believed Sri Making money off scrap metal needed to cut down on its generous public holiday calendar, because the holidays, which were originally meant for religious purposes, were no longer observed as such by most people. Follow CNBC International on Twitter and Facebook.
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Primetime CNBC Asia-Pacific CNBC Europe CNBC World Special Reports Top States Paris Airshow Trailblazers Trading the World CNBC Disruptor 50 Lasting Legacy Modern Medicine College Game Plan Investing in: Israel Tech Drivers The Brave Ones Trading Nation Shaping the future Future Opportunities. Register Log In Profile Email Preferences PRO Sign Out. Sri Lanka's public holidays: A boon for workers but not the economy? Sri Lankan Buddhist devotees light incense during Poya, a full moon religious festival, at the Kelaniya Temple in Colombo on March 22, Sri Lankans can thank their country's many recognized religions for the days-off bonanza.
Kodikara AFP Getty Images. Sri Lankan Catholics re-enact the crucifixion of Jesus Christ on Good Friday at St. Peter's Church in Negombo on March 25, Aza Wee Sile News Assistant.