Kelani Tyres
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Kelani Tyres
Kelani Tyres PLC is a tyre manufacturing company in Sri Lanka. Kelani Tyres originates in the privatisation of the government-owned Ceylon Tyre Corporation. Initially, privatisation is met with extreme employee industrial action for several months. Once the employee unrest dwindled, the company entered into an agreement with CEAT to set up a joint venture in 1993. In 1994, Kelani Tyres was listed on the Colombo Stock Exchange. In 2022, CEAT was amongst the 100 most valuable brands in Sri Lanka. The company moved to meet the total domestic demand for bus and truck tyres which would save LKR11 billion in foreign exchange through import substitution. History Sri Lankan Government's state-owned enterprise Ceylon Tyre Corporation was privatised as Kelani Tyres (Pvt) Ltd in 1992. The privatisation yielded LKR400 million for the government, and 2,000 workers were working at the factory at the time. Soon after the privatisation, the company plagued with industrial unrest for seven months ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 therefore 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 Kingdom it is usually a public limited company (plc), i ...
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Metro Manila
Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the capital region, seat of government and one of three List of metropolitan areas in the Philippines, defined metropolitan areas in the Philippines. It is composed of 16 Cities of the Philippines#Legal classification, highly urbanized cities: the Manila, city of Manila, Quezon City, Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, San Juan, Metro Manila, San Juan, Taguig, and Valenzuela, Metro Manila, Valenzuela, as well as the municipality of Pateros. The region encompasses an area of and a population of as of 2020. It is the second most populous and the most densely populated Regions of the Philippines, region of the Philippines. It is also the List of metropolitan areas in Asia, 9th most populous metropolitan area in Asia and the List of larges ...
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Manufacturing Companies Established In 1991
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pr ...
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1991 Establishments In Sri Lanka
File:1991 Events Collage.png, From left, clockwise: Boris Yeltsin, elected as Russia's first president, waves the new flag of Russia after the 1991 Soviet coup d'état attempt, orchestrated by Soviet hardliners; Mount Pinatubo erupts in the Philippines, making it the second-largest volcanic eruption of the 20th century; MTS Oceanos sinks off the coast of South Africa, but the crew notoriously abandons the vessel before the passengers are rescued; Dissolution of the Soviet Union: The Soviet flag is lowered from the Kremlin for the last time and replaced with the flag of the Russian Federation; The United States and soon-to-be dissolved Soviet Union sign the START I Treaty; A tropical cyclone strikes Bangladesh, killing nearly 140,000 people; Lauda Air Flight 004 crashes after one of its thrust reversers activates during the flight; A United States-led coalition initiates Operation Desert Storm to remove Iraq and Saddam Hussein from Kuwait, 300x300px, thumb rect 0 0 200 200 ...
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List Of Companies Listed On The Colombo Stock Exchange
As of March 2023, the Colombo Stock Exchange (CSE) has 289 listings. A B C D E F G H I J K L M N O P R S T U V W Y References {{Economy of Sri Lanka * Colombo Stock Exchange Colombo Stock Exchange ...
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Associated Newspapers Of Ceylon Limited
Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala, English and Tamil. Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the Government. Lake House is Sri Lanka's oldest publication company. Its '' Daily News'' English daily was the first Sri Lankan newspaper to be published on-line. At present ''Dinamina'', Resa, ''Daily News'', ''Thinakaran'', ''Sunday Observer'',Epitome of Sri Lankan journalism
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Daily News (Sri Lanka)
The ''Daily News'' is an English-language newspaper in Sri Lanka. It is now published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing on 3 January 1918. D. R. Wijewardena was its founder. The present-day newspaper is written as a broadsheet, with photographs printed both in color and black and white. Weekday printings include the main section, containing news on national affairs, international affairs, business, political analysis, sports, editorials and opinions. Every Thursday issue a free supplement in a tabloid paper called "Wisdom". In addition, the ''Daily News'' also provides ''The Sri Lanka Gazette'' as a supplement on every Friday. The current editor-in-chief of the daily news is Lalith Allahakkoon. Since its founding, the ''Daily News'' has been housed and printed in the historic, colonial-era Lakehouse Building, adjacent to Beira Lake, in the Fort district of Colombo. During the 2018 ...
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Upali Newspapers
Upali Newspapers (Private) Limited (UNL) is a Sri Lankan media company which publishes a number of national newspapers and magazines. UNL was founded by Upali Wijewardene, nephew of media mogul D. R. Wijewardena. Upali Wijewardene started publishing two Sunday newspapers, ''Sunday Island (Sri Lanka), Sunday Island'' and ''Divaina Irida Sangrahaya'', in 1981. The two newspapers' daily counterparts - ''Divaina'' and ''The Island (Sri Lanka), The Island'' - started in 1982. Upali Wijewardene died in a mysterious air accident on 13 February 1983 and control of his newspapers passed to his widow Lakmini, and her father Sivali Ratwatte, brother of Sri Lanka Freedom Party, SLFP leader Sirimavo Bandaranaike. UNL also publishes ''Bindu'', ''Navaliya'', ''Randiwa'' and ''Vidusara''. References

Upali Newspapers, Privately held companies of Sri Lanka {{SriLanka-company-stub ...
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The Island (Sri Lanka)
''The Island'' is a daily English-language newspaper in Sri Lanka. It is published by Upali Newspapers. A sister newspaper of ''Divaina'', ''The Island'' was established in 1981. Its Sunday edition, ''Sunday Island'', commenced publishing in 1991. The daily newspaper currently has a circulation of 70,000 and its Sunday edition, 103,000 per issue. Upali Wijewardene was its founder. Its political leaning is pro- Sri Lanka Freedom Party. See also *List of newspapers in Sri Lanka The List of newspapers in Sri Lanka lists every daily and non-daily news publication currently operating in Sri Lanka. The list includes information on whether it is distributed daily or non-daily, and who publishes it. For those newspapers that ar ... References External links * Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Publications established in 1981 Upali Newspapers {{SriLanka-newspaper-stub ...
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Import Substitution
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production.''A Comprehensive Dictionary of Economics'' p.88, ed. Nelson Brian 2009. It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. The term primarily refers to 20th-century development economics policies, but it has been advocated since the 18th century by economists such as Friedrich ListMehmet, Ozay (1999). ''Westernizing the Third World: The Eurocentricity of Economic Development.'' London: Routledge. and Alexander Hamilton.Chang, Ha-Joon (2002). ''Kicking Away the Ladder: Development Strategy in Historical Perspective.'' London: Anthem Press. ISI policies have been enacted by developing countries with the intention of producing development and self-sufficiency by the creation of an internal market. The state leads economic development by nationalizat ...
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Derana TV
Derana TV is a Sri Lankan private entertainment terrestrial television channel broadcasting in Sri Lanka. Launched on 11 October 2005, it is one of the most popular television networks in the country. Its main transmission tower is on the Kikilimana mountain, and coverage is extended nationwide via eight transmission towers. The channel is available on digital medium through Dialog TV, PEO TV and the newly launched OTT platform GLUUOO. Derana broadcasts contemporary content that upholds Sri Lankan values on its "අපේ දේ රැකගෙන, අලුත් දේ අරගෙන" / “Ape De Rakagena, Aluth De Aragena” (Conserve our own and embrace the new) platforms. The channel focuses heavily on high-end programming that meets stringent expectations of viewers in the two premium socio-economic categorizations SEC A and SEC B. Currently TV Derana is the No. 1 television channel in Sri Lanka, according to late 2021 LMRB search data. The channel has maintained this pos ...
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Radial Tyre
A radial tire (more properly, a radial-ply tire) is a particular design of vehicular tire. In this design, the cord plies are arranged at 90 degrees to the direction of travel, or radially (from the center of the tire). Radial tire construction climbed to 100% market share in North America following Consumer Reports finding the superiority of the radial design in 1968, and were standard by 1976. History The first radial tire designs were patented in 1914 by G.H. Hamilton and T. Sloper -patent № 467 filed in London, and in 1916 by Arthur W. Savage, a tire manufacturer (1915–1919), firearm designer and inventor in San Diego, CA - . No actual products were created. Michelin in France designed, developed, patented, and commercialized the radial tire. The first Michelin X radial tire for cars was developed in 1946 by Michelin researcher Marius Mignol. There is no evidence that the former accountant turned researcher Mignol had knowledge of Hamilton or Savage's earlier work wh ...
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