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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 Sri Lanka-Indonesia Business Council was established on August 30, 1991, with the main objective of promoting bilateral trade, investment, and tourism. [4]As of 2023, the bilateral trade volume was USD 370 million, with negotiations on a preferential trade agreement commencing in 2024. [6]
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.
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to their low value.
As in 1983, this had been intended to boost the balance of trade: oil prices, US$29 in 1983, fell by 50% in 1986 alone, to below US$9 per barrel. Thus, in the period from 1978 to 1986, the real exchange rate of the Indonesian rupiah fell by more than 50%, providing significant boosts to the competitiveness of Indonesia's exports.
Indonesian passport holders may apply for an e-visa. [239] South Sudan: eVisa [240] [241] Obtainable online. Printed visa authorization must be presented at the time of travel. Spain: Visa required [242] Sri Lanka: eVisa / Free Visa on arrival [243] [244] 60 days / 30 days Indonesian citizens are exempt from a visa fee until 31 May, 2024. [245]
The price index at the end of 1965 had been calculated at 363 times higher than in 1958, and prices had risen approximately seven times over the previous 12 months. [7] In real terms (i.e. with inflation taken into account), a labourer in Jakarta was estimated to have earned 40 per cent of his earnings in 1958. [ 8 ]
The 5 rupiah aluminium coin was revised dated 1974, the obverse changing only the date, but the reverse depicting the logo of KB ('Keluarga Berencana', aka family planning', a movement first established by the Indonesian government in 1970), i.e. a 2-parent, 2-child family with rice and cotton stalk and letters KB, with the text 'KELUARGA ...