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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.
Grape: Vitis vinifera [28] There are over 400 varietals of grapes that are grown in Spain for wine production. Sri Lanka: Jackfruit: Artocarpus heterophyllus [29] Sweden: Apple: Malus domestica [citation needed] Switzerland: Apple: Malus domestica [citation needed] Taiwan: Pineapple: Ananas comosus [citation needed] Thailand: Mangosteen ...
2022 Sri Lankan protests: Another curfew is imposed at 7.00 p.m. until 7.00 a.m next morning, but would later be extended by three days. [90] [91] 10 May 2022 Sri Lankan protests: Amidst the violent clashes, the vehicle in which MP Kumara Welgama was travelling in is attacked by a group of individuals in the area of Makumbura. Welgama was given ...
Ceylon cinnamon is the costlier variety and is considered to be a much more upmarket product by those in the West. Sri Lanka exported USD 128 million worth of cinnamon in 2014, which accounted for 28% of global cinnamon exports for that year. [17] Black pepper is the second largest export spice in Sri Lanka. Most black pepper is exported to India.
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 ...
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%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
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.