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W. M. Mendis and Company, is a Sri Lankan beverage alcohol company, with its headquarters in Negombo, Sri Lanka. It is as known one of Sri Lanka's oldest and most renowned liquor manufacturers in Sri Lanka. [2] Considered as one of the pioneers in the field, it still ranks as one of Sri Lanka's largest distillers. [citation needed]
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.
In 2011, Grupo Modelo appointed Lion Brewery as the national distributor of Corona in Sri Lanka and the Maldives. In 2012, the company was appointed the sole importer and distributor of Diageo , as well Moët Hennessy , whose brands include Guinness , Johnny Walker , Smirnoff , J & B , Hennessy , Moët & Chandon and Dom Perignon .
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. [2] 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. [ 3 ]
Coconut brandy is produced from the sap ("toddy") of borassus flowers that are extracted by a process called tapping and paring. The toddy is sourced from the borassus palm in Sri Lanka, where the borassus palm is tapped and pared for a total of 8 months, beginning in the first week of April and ending the second week of December each year.
Baron Li nearly lost his life he was shot nine times by a hooded assailant outside his home in Bellevue, Wash., in July 2020.. Though he survived, Li’s recovery was arduous. The father of a son ...
Sri Lanka emerges as first runners-up in the 2020 Online School Debate Championship, losing to Canada 8–1 in the finals. [63] It was the first instance where Sri Lanka made it to the finals in the history of World Schools Debating Championships. Sri Lanka was also awarded the top-performing ESL team for secondary English-speaking countries. [64]
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]