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OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India was announced in November 2018. [17] [18] This was offline expansion of OLX online platform. [19] OLX Cashmycar launched its 50th store in February 2019. [20] In December 2020, OLX Group launched OLX Autos in India. [21] CEO of OLX Autos in India is Amit Kumar. [22]
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.
In the second quarter of 2020, Sri Lanka's GDP was estimated to have contracted by 16% the biggest quarterly fall on record and expanded by 2% in the third quarter. In the first nine months of the year, GDP was estimated to have contracted 5%. [118] After growing 5.0% in 2015, growth fell to 4% in 2016, 4% in 2017, 3% in 2018 and 2% in 2019. [119]
[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 ...
The 2020 cyberattacks on Sri Lanka were a series of cyberattacks on at least 5 Sri Lankan national websites with the top-level domains of .gov and .com. [1] The cyberattack is speculated to have been conducted on 17 and 18 May 2020. The cyber-attack was also launched on the leading news website of Sri Lanka. [2]
In April 2020, Sri Lanka's response to the pandemic was ranked as the 9th best in the world. [9] Although Sri Lanka was successful in handling the first wave of the pandemic, the government's failure to handle the second and the third waves of the pandemic caused a spike in COVID-19 deaths after November 2020.
A combination of wooden and cardboard ballot boxes was used in the 2019 Sri Lankan presidential election and the 2020 Sri Lankan parliamentary election. [ 32 ] [ 33 ] To further ensure security, the government imposed a liquor ban on the weekend of 21 to 22 September and deployed more than 63,000 police officers to secure polling stations and ...
On 19 March 2020, Sri Lanka reported an increase in cases from the COVID-19 pandemic, but the government went ahead with nominations for the election until 18 March 2020. [86] On 19 March, soon after the nominations ended, the Elections Commission with its powers postponed the elections. [ 68 ]