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Ceylon Cold Stores was established in 1866 as the Colombo Ice Company, which in 1863 imported the country's first ice-making machine. With an initial capital of £1,600, two steam engines of 8 and 9 horsepower, and a total of 22 employees, the company started producing ice on a commercial scale. [ 3 ]
Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. [3] It was one of the first Sri Lankan companies included in Forbes 's list of non-US Best Managed companies valued under US$1 billion. [ 4 ]
It sells both local and international brands. It is the first shopping complex to be constructed in Sri Lanka. [2] It was constructed in early 1980s and it is regarded as one of Sri Lanka's oldest and iconic shopping complexes. [3] Chitra Weddikkara served as the quantity surveyor for the construction of the site in 1980s.
Kottawa is a commercial hub with several banks, [4] shops, [5] [6] supermarkets, [7] [8] a post office, bakeries and fuel depots. As a commuter suburb of Colombo, Kottawa has seen land prices increase twenty five to thirty two per cent in recent times, with the average price per perch being between LKR 700,000–1 million.
In 1844 British businessman William Milne started Milne & Company, [3] [4] general warehousemen, importers of oilman stores etc, [5] with branches in Kandy and Galle. In 1850 Milne was joined by his friend, David Sime Cargill, [6] and the firm became Milne, Cargill & Co. [7] In 1860 Milne retired from business in Ceylon and moved back to Scotland to form a company in Glasgow to look after the ...
In 2017 the beer market in Sri Lanka grew by 24-25%. According to the Finance Ministry, during the first eight months of 2017, revenue from excise duty on liquor and cigarettes has significantly decreased by 5.9% to LKR 73.7 billion and by 8.1% to LKR 54.6 billion, due to a drop in the volume of sales.
It is one of Sri Lanka's busiest commercial areas, where a huge number of wholesale and retail shops, buildings, commercial institutions and other organisations are located. [ 2 ] The main market segment is designed like a gigantic crossword puzzle, where one may traverse through the entire markets from dawn till dusk, but not completely cover ...
[1] [2] The entrance to the Pettah Market is marked formally by a tall monument in the centre of a roundabout, known as the Khan Clock Tower which was built by the family of Framjee Bhickajee Khan, an eminent Parsi family from Bombay who used to have substantial business interests in the country and who also owned the Colombo Oil Mills.
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