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The Speaker is the third highest-ranking official in Sri Lanka. At present, Speaker ranks in the order of precedence after the President and Prime Minister . From 1948 to 1971 (when the Senate was abolished) the Speaker ranked fifth in the precedence after the Governor-General , the Prime Minister, the Chief Justice and the President of the Senate.
The MTX name came in when Loyd Ivey, then owner of his own company American Acoustic Labs, bought out the Matrecs name in 1979 and changed it to MTX under Ivey’s parent company Mitek. In 1991, MTX Audio acquired Soundcraftsmen, a defunct audio equipment manufacturer which was located in Santa Ana, California, and was called MTX Soundcraftsmen ...
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.
Ranwala Arachchige Asoka Sapumal Ranwala is a Sri Lankan trade unionist and politician, who served as the 22nd Speaker of the Parliament of Sri Lanka from November to December 2024. He resigned from the position after serving for only 22 days, thus making him the shortest-serving speaker in Sri Lanka's history. [1]
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.
Radio broadcasting in Sri Lanka dates to 1923. Radio broadcasting, like other forms of media in Sri Lanka , is generally divided along linguistic lines with state and private media operators providing services in Sinhala , Tamil , and English language.
Lankapuvath distributes news and images via the Internet, TV, SMS and mobile phones. This output is supplemented by additional services aimed at catering to news requests from a demanding public. [ clarification needed ] Lankapuvath operates 24 hours a day 7 days a week and mainly targets over 2 million Sri Lankans living overseas.
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]
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