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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.
2012 Honda PCX 150. For 2012, the PCX 150 was launched in Australia. [12] The US skipped the 2012 PCX 125 as they made a switch for the PCX 150 model which arrived in the summer of 2012, these were later sold in 2013 for both Canadian and US markets. This model became known as the PCX 125/150 eSP as the label was displayed on the airbox.
1 January – The "Clean Sri Lanka" national initiative commences under the patronage of President Anura Kumara Dissanayake. [1]16 January – The government announces an agreement with Chinese state oil company Sinopec valued at $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Hambantota.
[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 Sri Lankan economic crisis [8] is a 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]
The Parliament has 225 members elected for a five-year term. 196 members are elected from 22 multi-seat constituencies through an open list proportional representation system with a 5% electoral threshold; voters can rank up to three candidates on the party list they vote for.
Sri Lanka's last local government elections in 2018 resulted in the Sri Lanka Podujana Peramuna (SLPP) securing a majority with 40% of the vote. [6] [7] [8]Gotabaya Rajapaksa, contesting under the SLPP, subsequently won the 2019 Sri Lankan presidential election, while Mahinda Rajapaksa led the SLPP to victory in the 2020 Sri Lankan parliamentary election.
The Sri Lanka People's Freedom Alliance (SLPFA), led by Mahinda Rajapaksa, won a large majority in the 2020 Sri Lankan parliamentary election on 5 August 2020. [14] During their tenure, the government under President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa faced multiple crises, including the COVID-19 pandemic and an economic crisis, which culminated into widespread protests ...