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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.
Lanka Sathosa also known as Sathosa is a wholesale and retail chain located in Sri Lanka. It is considered to be the largest state-owned retail chain in the country and was established in 2005. [ 1 ] Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Trade, Commerce ...
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 ]
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[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
KFC Sri Lanka is presently the largest fast-food chain in the country, with over 70 locations. Cargills began sourcing fruits and vegetables directly from farmers in 1999 when it established its first collection centre in Hanguranketha. In 2002 it acquired a dairy processing plant and expanded its farmer outgrower network to include dairy farmers.
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.
Sri Lanka Freedom Party: 10 April 2004: Minister of Industry, Tourism and Investment Promotion [38] [39] [40] 17 September 2004: Minister of Industry and Investment Promotion [41] Sarath Amunugama: Sri Lanka Freedom Party: 22 August 2005 [42] Kumara Welgama: Sri Lanka Freedom Party: 28 January 2007: Mahinda Rajapaksa: Minister of Industrial ...