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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.
Skincare products that are recognized to protect the skin included chemicals that assist in skin whitening. [71] These products were marketed and promoted as the solution to appearing young forever. [71] Skincare products have been predominantly created to serve as anti-aging to women in China and Taiwan of all ages. [71]
The obsession with skin care among Gen Alpha is leading to a windfall of unexpected business for the booming $164-billion global skin-care industry, which historically has targeted women, not girls
LMD 100 ranks listed companies in Sri Lanka by revenue annually. [10] Amari Wijewardene is the company's chairperson and a member of the Wijewardene family . Wijewardene's appointment as the Sri Lankan High Commissioner to the United Kingdom in 2016 by her cousin, then prime minister Ranil Wickremesinghe was criticised as nepotism. [ 11 ]
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]
The skincare and cosmetics industry continues to lead the way in terms of economic gain, as displayed by the growth and expansion of Korean skincare domestically and internationally. [21] The history of Korean skincare has influenced the standards for the ideal beauty and skincare routine which have become engrained into Korean norms over time ...
In 2019, Sunshine Holdings was the 16th largest conglomerate company in Sri Lanka with a brand value of LKR3,947 million. [5] The company reduced its investment in oil palm farming and dairy production and increased its stake in Watawala Tea Ceylon, a marketing company that brands Zesta and Watawala. 75% of Watawala Plantations' ownership was ...
Sri Lanka-China relations started as soon as the People's Republic of China was formed in 1949. The two countries signed an important Rubber-Rice Pact in 1952. [247] Sri Lanka played a vital role at the Asian–African Conference in 1955, which was an important step in the crystallisation of the NAM. [248]