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LOLC Finance
LOLC Finance PLC is a non-banking financial company based in Sri Lanka. LOLC Holdings is the ultimate parent company of LOLC Finance. The company was founded as LOLC Finance Company Limited in 2001. In 2003, the company changed its name to Lanka ORIX Finance Company and commenced operations. Lanka ORIX Finance Company became a public company in 2011 with its listing on the Colombo Stock Exchange. The company adopted its current name in 2015. LOLC Finance is one of the ''LMD'' 100 companies in Sri Lanka. LOLC Finance has been a constituent of the S&P Sri Lanka 20 Index since the end of 2021. LOLC Finance merged with its sister company, Commercial Leasing & Finance PLC in 2022. The merger resulted in LOLC Finance becoming the largest non-banking financial company in the country. History The company was incorporated in 2001 as LOLC Finance Company Limited. LOLC Finance Company obtained a licence from the Central Bank of Sri Lanka as a finance company in the following year. The comp ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Daily FT
The ''Daily FT'' or the ''Daily Financial Times'' is a daily English-language newspaper published in Colombo, Sri Lanka, by Wijeya Newspapers. Its sister newspaper ''The Daily Mirror (Sri Lanka)'' and its Sunday counterpart ''Sunday Times'' are among the important newspapers in Sri Lanka. See also *'' Lankadeepa'', Sinhala-language sister newspaper *'' Tamil Mirror'', Tamil-language Tamil (, , , also written as ''Tamizhil'' according to linguistic pronunciation) is a Dravidian language natively spoken by the Tamil people of South Asia. It is one of the longest-surviving classical languages in the world,. "Tamil is one ... sister newspaper References External links * Daily FT' – Official Website * Daily Mirror' – Official Website * Sunday Times' – Official Website Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Newspapers established in 2010 Wijeya Newspapers Mass media in Colombo Sri Lankan companies establ ...
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Companies In The S&P Sri Lanka 20 Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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2001 Establishments In Sri Lanka
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ...
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List Of Sri Lankan Public Corporations By Market Capitalisation
This is a list of largest publicly traded companies on Colombo Stock Exchange by market capitalisation in Sri Lanka. Only the top 50 companies are listed below. List These 50 companies alone account for about 75% of the total market capitalisation of the Colombo Stock Exchange. On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. 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. Source: Colombo Stock Exchange, 20 May 2023 See also * List of public corporations by market capitalization The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": Market capitalization is calculated by multiplying the share price on a selected day and the number of ... References {{Economy of Sri Lanka Pu ...
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List Of Companies Listed On The Colombo Stock Exchange
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ...
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LMD (magazine)
''LMD'', formerly known as ''Lanka Monthly Digest'', is an English language Sri Lankan business magazine. Media Services (Pvt) Ltd owns the magazine, and was first issued in August 1994. The magazine is available in print and Online magazine, online versions. Hiran Hewavisenti is the magazine's editor-in-chief. ''LMD'' derives its revenue from advertising and subscription fees. Monthly Print circulation, circulation is about 5,000 while monthly readership is around 30,000-40,000. The magazine has a subscriber base of about 1,800. ''Living'' and ''Discover Sri Lanka'' are the sister publications of the magazine. Compiled lists and indices ''LMD'' compiles and publishes popular company listings, rankings and indices. ''LMD'' 100 Dubbed "Sri Lanka's Fortune 500, ''Fortune'' 500." The magazine has been publishing the ''LMD'' 100 since the 1994/95 fiscal year. The latest edition, the 29th edition of ''LMD'' 100 was published for the fiscal year 2021/2022 in 2023. Sri Lankan conglomer ...
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ICRA Limited
ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency. The company was established in 1991, and was originally named ''Investment Information and Credit Rating Agency of India Limited'' (IICRA India). It was a joint-venture between Moody's and various Indian commercial banks and financial services companies. The company changed its name to ''ICRA Limited'', and went public on 13 April 2007, with a listing on the Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ... and the National Stock Exchange. As of end December 2024, Moody's Corporation owns a 51.86% majority stake. ICRA Credit Rating ICRA's credit ratings are symbolic representations of its current opinion on the relative credit risks associate ...
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LankaPay
LankaPay (formerly LankaClear) national payment network of Sri Lanka which provides the central payment infrastructure to the country's financial sector. Established in April 1, 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country. Shareholders As at April 2025, below are the shareholders of LankaPay: CITS In May 2006, LankaPay launched the Cheque Imaging and Truncation System (CITS), a groundbreaking platform that facilitates the electronic presentment and clearance of cheque images. The introduction of CITS positioned Sri Lanka as the first country in South Asia and the second worldwide to implement such an advanced payment and settlement infrastructure, enabling nationwide cheque clearance on a T+1 basis where beneficiaries can encash a cheque on the next business day. Operating under the provisions of the Payment and Settlement Systems Act No. 28 of 2005, which outlines procedures for automated ...
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PressReader
PressReader is a digital newspaper distribution and technology company with headquarters in Vancouver, Canada and offices in Dublin, Ireland and Manila, Philippines. PressReader distributes digital versions of over 7,000 newspapers and magazines in more than 60 languages through its applications for iOS, Android, Windows, Mac and various e-readers as well as its website, and operates digital editions of newspapers and magazines for publishers, including ''The New York Times'', ''The Financial Times'', ''The Economist'', ''The Wall Street Journal'', ''The National Post'' and ''The Globe and Mail''. History Founded in 1999 as NewspaperDirect, the company started as a service for printing physical copies of newspapers, aimed at travelers who wished to read their home newspaper while staying in a hotel abroad, and launched a digital product in 2003. In 2013, the company rebranded as PressReader. In 2017, the company opened an office in Dublin, Ireland. In August 2019, the compa ...
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Daily Mirror (Sri Lanka)
''Daily Mirror'' is a daily English-language newspaper published in Colombo, Sri Lanka, by Wijeya Newspapers. Its Sunday counterpart is the ''Sunday Times''. Its sister newspaper on financial issues is the ''Daily FT''. Daily supplements ;Mondays through Saturdays *''Mirror Business'' *''Life'' ;Tuesdays *''W@W – Women at work'' ;Thursdays *''Junior Mirror'' See also *'' Lankadeepa'', Sinhala-language sister newspaper *'' Tamil Mirror'', Tamil-language Tamil (, , , also written as ''Tamizhil'' according to linguistic pronunciation) is a Dravidian language natively spoken by the Tamil people of South Asia. It is one of the longest-surviving classical languages in the world,. "Tamil is one ... sister newspaper Notes External links * - Daily Mirror Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Newspapers established in 1999 Wijeya Newspapers Mass media in Colombo {{SriLanka-newspaper-stub ...
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