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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.
It was published under different names during its existence, including Times of Ceylon Sunday Illustrated, Times Weekender and Sunday Times. [3] [4] It had an average circulation of 29,613 in 1970, 29,054 in 1973 and 18,500 in 1976. [5] [6] [7] TOCL was nationalised by the Sri Lankan government in August 1977. [1]
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. [citation needed]
Rivira is a weekly Sinhala newspaper in Sri Lanka. It is published on every Sunday, by Rivira Media Corporation (Pvt) Ltd. It is a sister newspaper of The Nation, which entered into the business in 2006. It has a circulation of 265,000 per issue and an estimated readership of 1,600,000 by 2012. [1] [2] The newspaper comes with 5 supplements.
The Sunday Times is a weekly Sri Lankan broadsheet initially published by the now defunct Times Group, until 1991, when it was taken over by Wijeya Newspapers. The paper features articles of journalists such as defence columnist Iqbal Athas and Ameen Izzadeen. The daily counterpart of the Sri Lankan Sunday Times is the Daily Mirror. [2]
Leader Publications is a Sri Lankan newspaper publisher. Its publications are The Sunday Leader , Morning Leader and Iruresa It was founded by Lal Wickrematunge and Lasantha Wickrematunge . It is known for its independent news coverage and it has faced arson attacks from men with complicity from the Sri Lankan authorities.
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).
TV Derana is a Sri Lankan private entertainment terrestrial television channel broadcasting in Sri Lanka.Launched on 11 October 2005, [2] it is one of the most popular television networks in the country. [3]