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Asanga Seneviratne
Asanga Chandana Seneviratne (born May 1965) is a Sri Lankan entrepreneur, investor and former national sportsman. He is the founder and managing director of Anilana Hotels & Properties PLC, a leading hotel and resort chain in Sri Lanka. He currently serves as the principal of ACS Capital, a capital markets operator in Sri Lanka. Asanga has been the head of 14 different companies, according to The Wall Street Journal. He was elected twice to the board of directors of the Colombo Stock Exchange. A sportsman by nature, he served as vice president to the Board of Control of Sri Lanka Cricket, served as president of Sri Lanka Rugby Football Union, serves on the executive committee of Asia Rugby, and serves as president of Sri Lanka Baseball. Early life Asanga was born and raised in Colombo Sri Lanka, where he received his early education at St. Thomas' College, Mount Lavinia. During his school years, he represented the school in both rugby and cricket. His interest in sports st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, Indian peninsula by the Gulf of Mannar and the Palk Strait. It shares a maritime border with the Maldives in the southwest and India in the northwest. Sri Jayawardenepura Kotte is the legislative capital of Sri Lanka, while the largest city, Colombo, is the administrative and judicial capital which is the nation's political, financial and cultural centre. Kandy is the second-largest urban area and also the capital of the last native kingdom of Sri Lanka. The most spoken language Sinhala language, Sinhala, is spoken by the majority of the population (approximately 17 million). Tamil language, Tamil is also spoken by approximately five million people, making it the second most-spoken language in Sri Lanka. Sri Lanka has a population of appr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Sri Lanka
The Government of Sri Lanka (GoSL) (; ) is a Semi-presidential republic determined by the Constitution of Sri Lanka, 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, after the Donoughmore Constitution, Soulbury Commission, Soulbury Constitution, and Sri Lankan Constitution of 1972, Constitution of 1972. 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, head of government, Chief executive (gubernatorial), chief executive, and commander-in-chief of the armed for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First-mover Advantage
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment. First movers in a specific industry are almost always followed by competitors that attempt to capitalise on the first movers' success. These followers are also aiming to gain market share; however, most of the time the first-movers will already have an established market share, with a loyal customer base that allows them to maintain their market share. Mechanisms leading to first-mover advantages The three primary sources of a first-mover advantage are technology leadership, control of resources, and buyer switching costs. Technology leadership First movers can make their technology/product/services harder for later entrants to replic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trincomalee
Trincomalee (; , ; , ), historically known as Gokanna and Gokarna, is the administrative headquarters of the Trincomalee District and major resort port city of Eastern Province, Sri Lanka, Eastern Province, Sri Lanka. Located on the east coast of the island overlooking the Trincomalee Harbour, Trincomalee has been one of the main centres of Sri Lankan Tamil dialects, Sri Lankan Tamil speaking culture on the island for nearly a millennium. With a population of 99,135, the city is built on a peninsula of the same name, which divides its inner and outer harbours. It is home to the famous Koneswaram temple from where it developed and earned its historic Tamil name ''Thirukonamalai''. The town is home to other historical monuments such as the Pathirakali Amman Temple, Bhadrakali Amman Temple, Trincomalee, the Trincomalee Hindu Cultural Hall and, opened in 1897, the R. K. M. Sri Koneswara Hindu College, Trincomalee Hindu College. Trincomalee is also the site of the Trincomalee railway s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pasikudah
Pasikudah or Pasikuda (; ; (Pronounced ''Paasikkudah'' - historic Tamil translation "Green-Algae-Bay") is a coastal resort town located 35 kilometers northwest of Batticaloa, Batticaloa District, Sri Lanka. Historically a small Tamil hamlet alongside nearby Kalkudah, it used to be a popular tourist destination, however suffered huge devastation following the 2004 Indian Ocean tsunami and the Sri Lankan Civil War. Foreign travel to Pasikudah has recently increased due to growth in investment and development. It is home to the Pasikudah Mariamman temple. Pasikudah is easily accessible from the cities of Trincomalee and Batticaloa. The nearest airport to Pasikudah is Batticaloa Airport, which has scheduled flights operating from Colombo Bandaranaike International Airport. Landscape and development Since the end of the civil war in 2009 and the completion of tsunami rehabilitation projects, Pasikudah has become a popular tourist destination amongst locals and foreigners alike. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sunday Leader
''The Sunday Leader'' was an English-language Sri Lankan weekly newspaper published by Leader Publications (Private) Limited. It was founded in 1994 and is published from Colombo. Its sister newspapers are the '' Iruresa'' ('' Irudina'') and the defunct '' The Morning Leader''. Founded by brothers Lasantha Wickrematunge and Lal Wickrematunge, the newspaper is known for its outspoken and controversial news coverage. The newspaper and its staff have been attacked and threatened several times and its founding editor Lasantha Wickrematunge was assassinated. History ''The Sunday Leader'' was founded in 1994 by brothers Lasantha Wickrematunge and Lal Wickrematunge with the first edition being published on 19 June 1994. The newspaper was associated with silent partner and leading politician and presidential candidate Gamini Dissanayake who was assassinated on 24 October 1994. ''The Sunday Leader'' was shut down by the Sri Lankan government on 22 May 2000 using the recently passed ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Member
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief exec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lankan Rupee
The Sri Lankan rupee (, ; Currency symbol, symbol: ₨ in English, රු in Sinhala, ௹ in Tamil; ISO 4217, ISO code: LKR), known until 1972 as the Ceylon rupee, is the currency of Sri Lanka. It is subdivided into 100 cent (currency), cents (, ), but cents are rarely seen in circulation due to their low value. It is issued by the Central Bank of Sri Lanka. The abbreviation ''Re'' (singular) and ''Rs'' (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee". History pound sterling, Sterling became Ceylon's official currency in 1825, replacing the Ceylonese rixdollar at a rate of £1 = rixdollars, and British silver coins were made legal tender. Treasury notes denominated in sterling were issued in 1827, replacing the earlier rixdollar notes. Rixdollar notes not presented for exchange were demonetized in June 1831. The Indian rupee was made Ceylon's standard coin on 26 September 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Trading Platform
In finance, an electronic trading platform, also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary. Various financial products can be traded by the trading platform, over a communication network with a financial intermediary or directly between the participants or members of the trading platform. This includes products such as stocks, bonds, currencies, commodities, derivatives and others, with a financial intermediary such as brokers, market makers, investment banks or stock exchanges. Such platforms allow electronic trading to be carried out by users from any location and are in contrast to traditional floor trading using open outcry and telephone-based trading. Sometimes the term trading platform is also used in reference to the trading software alone. Electronic trading platforms typically stream live market prices on which users can trade and may provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ceylinco Consolidated
Ceylinco Consolidated was a Sri Lanka business conglomerate until 2008. History The original company, ''Ceylon Insurance Company'', was founded by Hugh Weerasekera and Chevalier C. S. Antony with board members Justin Kotelawala, Cyril Rodrigo, and Cyril E. S. Perera (United National Party, UNP member for Colombo North Electoral District, Colombo North). It was the first Ceylonese company to be registered under the Companies Ordinance of 1938. The company commenced business on 3 April 1939, providing life and general insurance services. The Company was first located in the C.S. Anthony Building at 22 Baillie Street, in Colombo fort and later moved to No.69 Queens’ Street (Janadhipathi Mawatha), where the “Ceylinco House” was constructed. The first directors of the company consisted of persons from the business world, medical profession and legal profession. They were:- Dr. S. C. Paul; Rosslyn Koch, C. S. Anthony, L. B. de Mel; Dr P. Kulasinghe; and Cyril E. S. Perera. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Controlling Interest
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest * Parent company * Subsidiary A subsi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
