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The Sri Lankan partners acquired the South Korean partner's stake partners in 2006. Sri Lankan conglomerate Hayleys acquired Alumex in 2010 and was listed on the Colombo Stock Exchange after an initial public offering in 2014. Alumex is the leading aluminium manufacturer in Sri Lanka, with a market share of 46%.
Swisstek Aluminium moved to increase its production capacity of 450mt to 1,000mt per month in 2017. The demand for aluminium stood at 2,500mt per month then. [8] Swisstek secured a US$4.5 million timber flooring contract from the Cinnamon Life Colombo project in 2019. The contract is the largest timber flooring deal awarded in Sri Lanka.
In 2007, Sri Lanka's first uninterrupted 24-hour Sinhala movie channel, 'City Hitz was established. [6] In 2008, Dialog TV launched ‘Channel C’, the first-ever 24-hour local music channel. [7] A software upgrade was tested on 8 June, although it only updated to the June 1, 2006 software, which is included on all decoders sold from January 2007.
Sri Lanka's second state-owned TV station - Sri Lanka Rupavahini Corporation (SLRC) - was established by the Sri Lanka Rupavahini Corporation Act No. 6 of 1982. [3] SLRC started broadcasting on 15 February 1982. [2] The Act required the SLRC to maintain taste and decency and not to incite crime and disorder or cause religious or public offence.
Sri Lanka had no television services available until 1979. The creation of a national television service was planned several times as far back as 1965 (Ceylon at the time), when then-Minister of State J. R. Jayawardene suggested its creation, but was rejected by Dudley Senanayake's government, whose media advisors led by Neville Jayaweera called television "a gift of a rhinoceros".
Vasantham TV, a second television channel operated by ITN Ltd, broadcasts content in the Tamil language. ITN recently launched a website ITN News, which is an online portal for the distribution of local news internationally. [6] ITN channel is also the first 1080p full HD television channel in Sri Lanka. The ITN Ltd has invested Rs. 200 Mn on ...
Haritha TV is a Sri Lankan 4K Ultra HD entertainment channel currently broadcasting in Sri Lanka in the Sinhala language. The channel airs content mainly focusing about agriculture and also broadcast programmes based on folk arts, nature, heritage and local culture. [1] It is also regarded as Sri Lanka's first exclusive television channel to ...
MTV Channel (Pvt) Ltd is a Sri Lankan media company which owns three national television channels - Shakthi TV, Sirasa TV and TV 1. It also owns the Hit TV, News First and Ethalaya.com. The company was established in 1992 as joint venture between Capital Maharaja and Singapore Telecommunications . [ 1 ]