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Sri Lanka's more recent history was marred by a 26-year civil war, which began in 1983 and ended in 2009, when the Sri Lanka Armed Forces defeated the Liberation Tigers of Tamil Eelam. Sri Lanka is a developing country, ranking 73rd on the Human Development Index.
Information Technology in Sri Lanka refers to business process outsourcing, knowledge process outsourcing, software development, IT Services, and IT education in Sri Lanka. Sri Lanka is always ranked among the top 50 outsourcing destinations by AT Kearney , and Colombo and ranked among "Top 20 Emerging Cities" by Global Services Magazine. [2]
Overview. Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. 2022 list. This list is based on the LMD, which ranks the largest publicly traded companies.
Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [10] As of 1998, the Sri Lanka apparel industry employed about ...
Diesel & Motor Engineering. Diesel & Motor Engineering PLC, commonly abbreviated as DIMO, is a Sri Lankan conglomerate company. The company engaged in vehicle sales, after-sales services, retail, construction and logistics solutions and agriculture sectors. The company was founded in 1939 and was listed on the Colombo Stock Exchange in 1964.
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. Only the top 20 companies are listed below. All revenue figures reported before the financial year ending 2022.
The Sri Lanka Army is the oldest and largest of Sri Lanka's three armed services. Established as the Royal Ceylon Army in 1949, it was renamed when Sri Lanka became a republic in 1972. The Army of approximately 255,000 regular and reserve personnel including 90,000 National Guardsmen and is responsible for overseeing land-based military and ...
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