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The Milanka Price Index was one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka till it was discontinued in January 2013 further to introduction of Standard & Poor's Sri Lanka 20 index.
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
As of 2018 SLT-MOBITEL was Sri Lanka's second largest mobile network operator with over 7.9 million subscribers. [ 4 ] SLT-MOBITEL offers a variety of services and currently operates GSM , GPRS , EDGE , UMTS , HSPA , HSPA+ , DC-HSPA+ and FD-LTE network utilising 2G , 3.5G , 4G and 4.5G , 5G technologies with VoLTE service. [ 5 ]
DIMO had to reduce margins to absorb the sharp depreciation of the Sri Lankan Rupee in 2018. [7] In 2019, the company's conglomerate brand value was LKR7,730 million and ranked 15th amongst conglomerates in Sri Lanka. [8] DIMO was adjudged as the overall winner in the sixth Excellence in Integrated Reporting Awards in 2020 organized by the CMA ...
The Redmi K20 and K20 Pro (also marketed as the Mi 9T) are Redmi's first foray into the flagship market. The phone was launched along with the Redmi 7A in China on 28 May. The K20 Pro is powered by the flagship Snapdragon 855 processor while the K20 is powered by the newly released Snapdragon 730 and Redmi 7A is a less expensive phone with ...
In 2020, Singer (Sri Lanka) emerged as the market-leading seller for Dell laptops in Sri Lanka. [9] Due to the COVID-19 pandemic , increased incidences of remote work and distance education arrangements, the demand for consumer electronics rose and the company posted LKR16.7 billion in sales in the second quarter of 2020. [ 10 ]
On 2 May 2018, Xiaomi announced the launch of Mi Music and Mi Video to offer "value-added internet services" in India. [65] On 3 May 2018, Xiaomi announced a partnership with 3 to sell smartphones in the United Kingdom, Ireland, Austria, Denmark, and Sweden. [66] In May 2018, Xiaomi began selling smart home products in the United States through ...