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The Sri Lankan economic crisis [8] is a 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]
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
Sri Lanka Freedom Party: 19 August 1994: D. B. Wijetunga: Minister of Industrial Development [30] [31] G. L. Peiris: Sri Lanka Freedom Party: 19 October 2000: Chandrika Kumaratunga: Minister of Constitutional Affairs and Industrial Development [32] [33] Ronnie de Mel: Sri Lanka Freedom Party: 14 September 2001: Minister of Trade, Industrial ...
Silumina (Sinhala: සිළුමිණ) is a Sinhala language weekly newspaper in Sri Lanka. It is published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing in March 30 1930, D. R. Wijewardena being its founder. [1] It currently has a circulation of 265,000. [2]
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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.
Lakbima was a Sri Lankan private Sinhala language newspaper which was owned by the Sumathi News Papers Limited. Chairmen of the organization is Mileena Sumathipala, wife of the late D.W. Sumathipala. The English version of this newspaper was called Lakbima News. "Lakbima Irida Sangrahaya" was a weekend newspaper published on Sunday.