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Thermwood incorporates a lot of technology into its business. It developed a unique molding process to make its plastic parts. Most of its plastic molding and trimming machinery is designed and built in-house. In the 1970s, Thermwood developed CNC machine tool control and used it to create machinery that would trim its plastic parts.
[3] [5] Softlogic went through a period of aggressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms islandwide. Softlogic became the authorised dealer for Panasonic ...
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 ]
Softlogic Life Insurance was added to the S&P Sri Lanka 20 Index when an ad hoc index rebalancing occurred due to Commercial Leasing and Finance merging with LOLC Finance in March 2022. [11] Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company was ranked 60th in the 2021/22 edition of the list.
[10] [11] [12] Softlogic became one of the first confirmed tenants of the mall in July 2017, with Odel slated to open a multi-level department store with a floor space of 5,058.9 square metres (54,454 sq ft). [10] [13] [12] Keells Super will also operate a gourmet supermarket within the Mall. [12]
Later on, Nolimit expanded its operations across Sri Lanka by opening up branches at 23 locations. [ 6 ] The company was classified in an elite list among the Top 25 Best Companies to Work for in Sri Lanka by the Great Place to Work Institute in collaboration with LMD business magazine and the Ceylon Chamber of Commerce during the time period ...
CIC Holdings PLC is a Sri Lankan conglomerate holding company engaged in merchandising and manufacturing chemical products.The company was incorporated in 1964 and listed on the Colombo Stock Exchange in the same year.
The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
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