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Damro is a Sri Lankan furniture and washing machine manufacturer that designs and sells diverse range of modern and traditional furniture. [1] Damro is regarded as the largest furniture manufacturer in South Asia and it is also regarded as one of the world's largest furniture manufacturers. [2] It is also hailed as a popular lifestyle brand.
The company was listed on the Colombo Stock Exchange in 2003. A fraud incident which was dubbed the biggest in a listed company in Sri Lanka rocked the company in 2011. The company adopted its current name, Hayleys Fabric in 2015. Hayleys Fabric acquired South Asia Textiles Ltd for LKR3.9 billion from Ambeon Holdings in 2021.
Singer (Sri Lanka) PLC is a Sri Lankan holding company engaged in retailing and wholesale marketing home appliances and furniture. [2] The company is also taking part in financial services and manufacturing businesses. [ 3 ]
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. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
Even today Kandyan jewellery sets are auctioned off at the best auction houses in the United Kingdom and Europe with a throatlet and necklaces being valued at £5000 to £8000 and the entire sets being sold for prices ranging from £50,000 to £200,000 depending on the design and antiquity of the sets. In Sri Lanka these sets are available on a ...
The first train set of the order arrived in Sri Lanka in December 2018. [5] Later in 2019, Sri Lanka Railways ordered another two fully Air-conditioned DEMU train sets designated as the Class S13A. [6] Unlike the S13, the S13A has a Restaurant Car. The first train set of the Class S13A arrived Sri Lanka in November 2021.
Sri Lanka Railways S12 is a class of Diesel-electric multiple unit (DEMU) built for Sri Lanka Railways by China's CSR Corporation. The first batch arrived in Sri Lanka in August 2012. The first batch arrived in Sri Lanka in August 2012.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]