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LAUGFS Gas was ranked 33rd in LMD 100, an annual list of listed companies in Sri Lanka by revenue in the financial year of 2020/21. Brand Finance ranked LAUGFS Gas as the 70th most valuable brand in Sri Lanka for 2022 with a brand value of LKR816 million. The company controls 20% of the LPG market share in Sri Lanka.
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]
The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for ...
The 2024 Sri Lanka floods were a natural disaster resulting from heavy monsoon rains, causing flash floods, mudslides, and falling trees. [1] The floods killed at least 16 people and affected 20 out of the country's 25 districts , with some areas reporting over 400 mm (16 in) of rain.
The Constitution of Sri Lanka has been the constitution of the island nation of Sri Lanka since its original promulgation by the National State Assembly on 7 September 1978. It is Sri Lanka's second republican constitution and its third constitution since the country's independence (as Ceylon) in 1948, after the Donoughmore Constitution ...
The price of 16 Annas was 1 rupee in 1947. The demand for decimalization existed for over a century. Sri Lanka decimalised its rupee in 1869. The Indian Coinage Act was amended in September 1955 for the adoption of a decimal system for coinage. The Act came into force with effect from 1 April 1957. [12]
The last direct presidential elections held in Sri Lanka were in 2019, where SLPP candidate Gotabaya Rajapaksa won the election in a landslide victory, defeating his main opponent Sajith Premadasa. [ 6 ] [ 7 ] Rajapaksa would eventually resign on 14 July 2022 amidst the 2022 Sri Lankan protests . [ 8 ]
In 1978 Jayewardene introduced a new constitution making Sri Lanka a presidential 'Democratic Socialist' republic, with himself as executive President The Constitution of Sri Lanka: Chapter I – The People, the State and Sovereignty. In 1980 he crushed a general strike by the trade-union movement, jailing its leaders.
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