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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]
Lanka Business Online (also commonly shortened LBO) is an online business news publisher based in Colombo, Sri Lanka.Founded in 1998, [1] it is currently one of the most popular English-language online business news website in Sri Lanka. [2]
Rank Name Financial statistics in millions LKR Industry Revenue Profit Assets Market Cap. 1 Hayleys PLC: 241,276 14,046 279,383 45,600 Conglomerate
The anti-Muslim misinformation campaign was denounced by national business chambers and professional associations including the Bar Association of Sri Lanka, which called for legislation to be introduced to crack down on parties involved in hate speech and generating fake news. [24]
www.hayleys.com. Footnotes / references. [1] Hayleys PLC, founded in 1878 by Charles Pickering Hayley, is a multinational and diversified conglomerate company in Sri Lanka, publicly listed on the Colombo Stock Exchange [2] with business spanning over 16 sectors, catering to 80 markets worldwide. Hayleys accounts for approximately 5% of Sri ...
Website. ceypetco.gov.lk. 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 ...
Press freedom is a major concern in Sri Lanka. Both sides in the war make efforts to silence inconvenient reporters. Around 15 reporters received death threats from one faction or the other in 2004 [2] The assassinated reporter Aiyathurai Nadesan, correspondent in Batticaloa for several Tamil media stated just prior to his assassination in 2005:
Abans PLC. Abans PLC also known as Abans Group is a Sri Lankan public limited company and a diversified conglomerate in Sri Lanka engaged in ICT, retail, manufacturing, logistics, commercial real estate and financial services. Abans predominantly functions mainly as a consumer retailer selling various electronic appliances, smart phones ...