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Initially it was called as "CallLink" and was the second mobile operator in Sri Lanka. Hutchison acquired its services in 1998 with the aim of being a nationwide operator in Sri Lanka. As of September 2018, Hutch has a network coverage of approximately 90% of the entire island. Hutch announced that they acquired Etisalat on 30 November 2018.
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
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On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2] Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result. [3]
In the 1990s, Sri Lanka Railways converted the narrow gauge (2 ft 6 in (762 mm)) Kelani Valley line into 5 ft 6 in (1,676 mm) broad gauge. This was the last narrow gauge line left in Sri Lanka, and its conversion to broad gauge put the fleet of narrow gauge locomotives out of use. All operational locomotives in the country today are broad gauge.
The Sri Lanka Railways Class M2 is a class of Diesel-electric locomotive that was developed in 1954 by General Motors Diesel, Canada, and Electro-Motive Division, USA for the use in Sri Lanka Railways.
Centre for Telecommunication Research is a research-based institute at the Sri Lanka Technological Campus (SLTC) to carry out innovative, collaborative and industry-sponsored research works in wireless communications and networking. Research activities at the CTR, both fundamental and applied, mainly focus on technologies related to the ...