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LB Finance
L B Finance PLC sometimes spelt LB Finance, is a Sri Lankan non-bank financial institution. The company is incorporated in 1971 and initially, the majority of shares were held by Lewis Brown & Company. The company was listed on the Colombo Stock Exchange in 1997. In 2003, Dhammika Perera acquired the company and became a subsidiary of Vallibel One. Currently, the company is one of the components of the S&P Sri Lanka 20 Index. Brand Finance ranked the company 24th in the 100 most valuable brands in Sri Lanka. The company placed 39th in the ''LMD'' 100 for the financial year 2019/20. History L B Finance was incorporated in 1971 and in 1997 was listed on the Colombo Stock Exchange. Initially, Lewis Brown & Company held the majority (94.9%) of the company's shares. In 1994, Vanik Corporation acquired the company and in 2003 Dhammika Perera took over the company and subsequently became a subsidiary of Vallibel One. The company became the second-largest licensed finance company. A pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kollupitiya
Kollupitiya, also known as Colpetty is a major neighbourhood of Colombo, Sri Lanka. The name Kollupitiya comes from the name of a chief from Kandy who had unsuccessfully attempted to dethrone the last king of Kandy. During the period of British and Dutch administration, a brewery had commenced in Kollupitiya which converted coconut treacle into liquor. Nowadays, the suburb is a thriving commercial area containing fashionable high-end shopping malls. Some foreign embassies are located in Kollupitiya. The Prime Minister's House (Colombo) is located in Colombo 3 just two blocks south of Maha Nuge Gardens; a prominent private laneway in Kollupitiya. Demographic Kollupitiya is a multi-religious and multi-ethnic area. The major ethnic communities in Kollupitiya are Sri Lankan Moors, Sinhalese, and Sri Lankan Tamils. There are also various minorities, such as Burghers. Religions include Buddhism, Hinduism, Islam, and Christianity. Muslim traders form a large part of the Kollupitiya e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Cancer Institute (Sri Lanka)
The National Cancer Institute (also known as Apeksha Hospital) is a government hospital in Maharagama Maharagama is an outer suburb of Colombo, Sri Lanka on the High-Level (A4) Road about from the centre of the commercial capital. It developed rapidly in the 1980s as a dormitory suburb. Governed by the Maharagama Urban Council, the town possesse ..., Sri Lanka. Which is under the control of Department of Health, provides all its services free of charge. Sri Lanka has more than 50,000 cancer patients, with 14,000 annual deaths due to cancer. References Cancer hospitals Central government hospitals in Sri Lanka Hospitals in Colombo District Teaching hospitals in Sri Lanka {{SriLanka-hospital-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ventilator
A ventilator is a piece of medical technology that provides mechanical ventilation by moving breathable air into and out of the lungs, to deliver breaths to a patient who is physically unable to breathe, or breathing insufficiently. Ventilators are computerized microprocessor-controlled machines, but patients can also be ventilated with a simple, hand-operated bag valve mask. Ventilators are chiefly used in intensive-care medicine, home care, and emergency medicine (as standalone units) and in anesthesiology (as a component of an anesthesia machine). Ventilators are sometimes called "respirators", a term commonly used for them in the 1950s (particularly the "Bird respirator"). However, contemporary medical terminology uses the word "respirator" to refer instead to a face-mask that protects wearers against hazardous airborne substances. Function In its simplest form, a modern positive pressure ventilator, consists of a compressible air reservoir or turbine, air and oxygen s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium Enterprise
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FMO (Netherlands)
FMO ( nl, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.) is a Dutch development bank structured as a bilateral private-sector international financial institution based in the Hague, the Netherlands. FMO manages funds for the Ministries of Foreign Affairs and Economic Affairs of the Dutch government to maximize the development impact of private sector investments. It is licensed as a bank and supervised by the Dutch Central Bank. The Dutch government holds 51% of the shares, but FMO operates as a commercial company. Due to its relationship with the Dutch government, it is able to take risks which commercial financiers are not able or not prepared to take. The FMO has a AAA rating from Standard and Poor's. , the bank's total asset valuation was €8.32 billion (US$9.67 billion), and its shareholders' equity was €2.83 billion (US$3.29 billion). FMO's mandate is to provide long term capital for projects in countries in which commercial investors do not yet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) – is a subset of credit rating – it is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fitch Ratings
Fitch Ratings Inc. is an American credit rating agency and is one of the " Big Three credit rating agencies", the other two being Moody's and Standard & Poor's. It is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975.551 History Fitch Ratings is dual headquartered in New York and London. Hearst owns 100 percent of the company following its acquisition of an additional 20 percent for $2.8 billion on April 12, 2018. Hearst had owned 80 percent of the company after increasing its ownership stake by 30 percent on December 12, 2014, in a transaction valued at $1.965 billion. Hearst's previous equity interest was 50 percent following expansions on an original acquisition in 2006. Hearst had jointly owned Fitch with FIMALAC SA, which held 20 percent of the company until the 2018 transaction. Fitch Ratings and Fitch Solutions are part of the Fitch Group. The firm was founded by John Know ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Newspapers Of Ceylon
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'', . '' |
Sunday Observer (Sri Lanka)
''Sunday Observer'' is a weekly English-language newspaper in Sri Lanka, published on Sundays. The ''Sunday Observer'' and its sister newspapers the '' Daily News'', ''Dinamina'', ''Silumina'' and ''Thinakaran'' are published by Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The paper, which was established in the present-day format in 1928, has roots that date back to 1834 when Sri Lanka was under the British rule. It is the oldest Sri Lankan newspaper in circulation apart from the ''Government Gazette''. The current Editor is Dharisha Bastians. History Origins The British captured the coastal areas of Sri Lanka in 1796 and had consolidated their power throughout the island by 1818. In 1829 the Colonial Office appointed the Colebrooke-Cameron Commission to evaluate the administration of the country under the Governor of Ceylon, Edward Barnes, and to recommend reforms. The commission's recommendations, presented in 1833, marked the begi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SLIM-Nielsen Peoples Awards
''SLIM-Kantar Peoples Awards'' () is an award given to distinguished individuals involved with Sri Lanka's media brands and personalities each year. It is the joint work of Sri Lanka Institute of Marketing (SLIM) with Kantar Group , UK. The awards show is one of the most popular marketing program events in Sri Lanka. The awardees are chosen solely by people's votes, through research conducted by Nielsen Sri Lanka. The awards were first introduced in 2006 and continued without interruptions. History Established in 2006 the concept was started by Nielsen Company. Awardees are chosen by vote, through comprehensive nationwide research. The first survey spanned a period of one year. Randomly-selected males and females between the ages of 18 and 50 years were interviewed in all 25 districts. Awards The awards are distributed across 45 different categories of media, marketing, banking, telecommunication, sports, drama and singing. In 2018, Fashion Retail Brand and FMCG Retail Brand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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