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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.
Philip Upali Wijewardene (17 February 1938 – 13 February 1983: Sinhala: උපාලි විජේවර්ධන) was a Sri Lankan business magnate and entrepreneur. In 1983, Wijewardene had a net worth of US $50 million. He was the founder and chairman of Upali Group, the first multi-national business in Sri Lanka.
The Gazette is published in Sinhalese, Tamil, and English which are the three official languages of Sri Lanka. It publishes promulgated bills, presidential decrees, governmental ordinances, major legal acts as well as vacancies, government exams, requests for tender, changes of names, company registrations and deregistrations, land restitution notices, liquor licence applications, transport ...
The short lived North Eastern Province. The number of provinces remained static until September 1988 when, in accordance with the Indo-Lanka Accord, President J. R. Jayewardene issued proclamations enabling the Northern and Eastern provinces to be one administrative unit administered by one elected council, creating the North Eastern Province. [12]
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