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Excellent domestic service in urban and semi urban areas. Inadequate service in rural and remote areas (2010), good international service (2010). The latest trend is the Fixed 4G LTE and 5G technologies, because of this technology many Sri Lankans who live in rural and remote areas can now access a good telephone and broadband internet service.
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [1] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
In 2005, Dialog Telekom launched the largest IPO seen by the Sri Lankan capital markets in an attempt to finance expanding the network. The Dialog Telekom initial offer, which was launched on a book building structure at a price range of LKR 8 to LKR 12 per share, consists of 712.3 million ordinary shares, which is a 9.6% stake of the company. [18]
DEKA Research & Development Corporation is a technology company based in New Hampshire, U.S., founded in 1982 by Dean Kamen, consisting of over 1000 engineers, technicians, and support staff. DEKA is an acronym derived from De an Ka men.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [40] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [41]
The Channel's daily news bulletin the State of Business is a key business current affairs program in Sri Lanka and conducts prominent business forums. [7] The company has also ventured into local reality series platform partnering with The Model Network, Sri Lanka and Ford Models, New York for the Ford Supermodel of Sri Lanka search. [ 8 ]
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
The Mrs. Sri Lanka 2021 controversy refers to an incident that happened on the night of 4 April 2021, during the grand finale of the Mrs. Sri Lanka pageant in Colombo, Sri Lanka. The competition ended in bizarre fashion when Pushpika De Silva, who was initially crowned as Mrs. Sri Lanka 2021, unceremoniously had her crown forcibly removed from ...