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List Of Government Owned Companies In Sri Lanka
This is a list of companies owned by the central government of Sri Lanka. Commercial corporations * Agricultural Insurance Board * Bank of Ceylon * Central Bank of Sri Lanka * Central Engineering Consultancy Bureau * Ceylon Ceramics Corporation * Ceylon Electricity Board * Ceylon Fisheries Corporation * Ceylon Hotels Corporation * Ceylon Petroleum Corporation * Co-operative Wholesale Establishment * Development Lotteries Board * Employees Trust Fund Board * Housing Development Finance Corporation of Sri Lanka * Janatha Estates Development Board * Lady Lohore Loan Fund * Local Loans & Development Fund * National Film Corporation of Sri Lanka * National Institute of Business Management * National Livestock Development Board * National Lotteries Board * National Savings Bank * National Water Supply and Drainage Board * People's Bank * Sri Lanka Ayurvedic Drugs Corporation * Sri Lanka Broadcasting Corporation * Sri Lanka Bureau of Foreign Employment * Sri Lanka Cashew Corporation * Sr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Sri Lanka
The Government of Sri Lanka (GoSL) ( si, ශ්රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the island from both its commercial capital of Colombo and the administrative capital of Sri Jayawardenepura Kotte. Constitution 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. As of October 2020, it has been formally amended 21 times. Executive branch The President, directly elected for a five-year term, is head of state, chief executive, and commander-in-chief of the armed forces. The election occurs under the Sri Lankan form of the contingent vote. Responsible to Parliament for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lanka Phosphate Ltd
Lanka (, ) is the name given in Hindu epics to the island fortress capital of the legendary asura king Ravana in the epics of the ''Ramayana'' and the ''Mahabharata''. The fortress was situated on a plateau between three mountain peaks known as the Trikuta Mountains. The ancient city of Lankapura is said to have been burnt down by Hanuman. After its king, Ravana was killed by Rama with the help of Ravana's brother Vibhishana, the latter was crowned king of Lankapura. His descendants were said to still rule the kingdom during the period of the Pandavas. According to the ''Mahabharata'', the Pandava Sahadeva visited this kingdom during his southern military campaign for the rajasuya of Yudhishthira. Ramayana The island was situated on a plateau between three mountain peaks known as the Trikuta Mountains. The ancient city of Lankapura is thought to have been burnt down by Hanuman. After its king, Ravana was killed by Rama with the help of Ravana's brother Vibhishana, the latte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Sri Lanka
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance And Planning (Sri Lanka)
The Ministry of Finance, Economic Stabilization and National Policies ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சு) (also known as the Finance Ministry or the Treasury) is a cabinet ministry of the Government of Sri Lanka responsible for developing and executing the government's public finance policy, economic policy and long term fiscal planning. The Treasury is housed at the General Treasury Building (also referred to as ''The Secretariat'') in Fort. History Although the post Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donoughmore C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Statutory Boards Of Sri Lanka
This is a list of statutory boards controlled by the central government of Sri Lanka. Universities * Buddhasravaka Bhikku University * Buddhist and Pali University of Sri Lanka * Eastern University, Sri Lanka * General Sir John Kotelawala Defence University * Open University of Sri Lanka * Rajarata University of Sri Lanka * Sabaragamuwa University of Sri Lanka * South Eastern University of Sri Lanka * University of Colombo * University of Jaffna * University of Kelaniya * University of Moratuwa * University of Peradeniya * University of Ruhuna * University of Sri Jayewardenepura * Wayamba University of Sri Lanka Hospitals * Angoda Mental Hospital * Ayurveda Teaching Hospital, Borella * Cancer Hospital, Maharagama * Castle Street Hospital for Women * Chest Hospital, Welisara * Colombo North General Hospital, Ragama * De Zoysa Hospital for Women * Eye Hospital, Colombo * General Hospital, Colombo South * Homeopathy Hospital, Welisara * Jaffna Teaching Hospital * Kandy General Hosp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Government-owned Companies
This is a non-exhaustive world-wide list of government-owned companies. The paragraph that follows was paraphrased from a 1996 GAO report which investigated only the 20th-century American experience. The GAO report did not consider the potential use in the international forum of SOEs as extensions of a nation's foreign policy utensils. A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably. The defining characteristics are that they have a distinct legal form and that they are established to operate in commercial affairs. While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Companies Of Sri Lanka
Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives. According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. The private sector accounts for 85% of the economy. India is Sri Lanka's largest trading partner. Economic disparities exist between the provinces, with the Western province contributing 45.1% of the GDP and the Southern province and the Central province contributing 10.7% and 10%, respectively. Largest firms '' LMD 100'', dubbed as "Sri Lanka's ''Fortune 500''", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 20 companies are listed below. All revenue figures reported before the financial year ending 2022. Notable firms This list includes notable companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SriLankan Airlines
SriLankan Airlines (formerly known as Air Lanka) is the flag carrier of Sri Lanka and a member airline of the Oneworld airline alliance. It is currently the largest airline in Sri Lanka by number of aircraft and destinations and was launched in 1979 as Air Lanka following the termination of operations of the original Sri Lankan flag carrier Air Ceylon. Following its partial acquisition in 1998 by Emirates, it was re-branded and the current livery was introduced. In 2008, the government of Sri Lanka acquired all the shares of the airline from Emirates. After ending the Emirates partnership, it retained its re-branded name and logo. SriLankan Airlines operates over 560 flights per week across Asia. The Airline operates to 113 destinations in 51 countries (including codeshare operations) from its main hub located at Bandaranaike International Airport near Colombo. SriLankan Airlines joined the Oneworld airline alliance on 1 May 2014. History Air Lanka In 1979 Former airline man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lanka Telecom
SLT-MOBITEL (formerly known as Sri Lanka Telecom, si, ශ්රී ලංකා ටෙලිකොම්, Śrī Laṃkā Ṭelikom, ta, ஸ்ரீலங்கா டெலிகொம்) is the national telecommunications services provider in Sri Lanka and one of the country's largest companies with an annual turnover in excess of Rs 40 billion. The company provides domestic and corporate services which include fixed and wireless telephony, Internet access and IT services to domestic, public and business sector customers. History SLTMOBITEL (formerly Sri Lanka Telecom) has a history of over 160 years, having started its operations in 1858 with the establishment of the first Telegraphic Circuit between Galle and Colombo. In the same year, it established its first international Telegraph Communication between then called Ceylon, and India. Since then, Sri Lanka Telecom has passed several milestones, including: in 1991 Sri Lanka Telecom became a Corporation and in 1997 the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lanka Institute Of Development Administration
The Sri Lanka Institute of Development Administration ( si, ශ්රී ලංකා සංවර්ධන පරිපාලන ආයතනය; ta, அபிவிருத்தி இலங்கை நிர்வாக நிறுவனம்) (also known as SLIDA) is a research and training institute focusing on public policy and public administration in Sri Lanka. It is operated as a government-operated company through the Ministry of Public Administration and Management and is located in Colombo. History The training and development of the Sri Lankan civil service before 1966 came under the purview of the Organization and Methods Division of the Treasury. The 1961 Wilmot A. Perera commission (also known as the 1st Salaries and Cadres Commission) and 1965 Committee for Administrative Reforms both made recommendations that led to the establishment of a dedicated government institute for the purpose in 1966- the Academy of Administrative Studies at Glen Aber Place, K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lanka Milk Foods
Lanka Milk Foods (CWE) PLC is a dairy products manufacturing company in Sri Lanka. Lanka Milk Foods was a subsidiary of the Co-operative Wholesale Establishment (CWE) which later converted to a joint-stock company. The company was incorporated in 1981 and listed on the Colombo Stock Exchange in 1983 with Sri Lankan Government holding the majority of the shares. The Stassen Group acquired a controlling stake of 51% in the company in 1991. Lanka Milk Foods's subsidiary, Lanka Dairies, introduced flavoured ready-to-drink milk to the market in 1996. Ambewela Farm and New Zealand farm were acquired by Lanka Milk Foods in 2001. In 2020, the company planned to invest LKR3 billion in a new dairy farm in Ambewela to expand production. Lanka Milk Foods is one of the ''LMD'' 100 companies in Sri Lanka. Lakspray, a Lanka Milk Foods brand listed among the 100 most valuable brands in Sri Lanka in 2020. Lanka Milk Foods stand to benefit from consumers switching from milk powder to fresh milk. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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