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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 ]
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
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.
Sri Lanka's Cabinet a day earlier approved a plan to restructure nearly half of its $42.1 billion local debt following a bailout agreement with the International Monetary Fund.
The company ranked 41st in LMD 100, an annual list of leading listed companies in Sri Lanka. [2] The company also ranked 31st in Business Today's Top 40 for 2020–21 financial year. [ 3 ]
Located near Colombo and the Bandaranaike International Airport, this zone was established in 1985. It is the second-largest EPZ in Sri Lanka and houses various industries including textiles and electronics. [5] Horana EPZ: Kalutara District: Established in 1999, the Horana EPZ focuses on low-polluting industries.
It was the 3rd largest fixed wireless operator and the 3rd largest fixed phone operator with an island wide digital wireless network in Sri Lanka. Lanka Bell was formed in 1997 as the single largest BOI Company in Sri Lanka with an investment of over US$150 Million. It was subsequently acquired by the privately held diversified conglomerate ...
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.