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In September 2014, William Grant & Sons, bought Drambuie liqueur for an estimated price of about £100 million. [ 28 ] [ 29 ] In March 2020, the company switched production at three of its distilleries to create approximately five million litres of ethanol over an eight-week period to produce hand sanitiser during the Covid-19 pandemic. [ 30 ]
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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 ]
Intoxicants in Sri Lanka are legal in certain contexts. One can legally buy most alcohols, tobaccos, and certain herbals (including narcotics such as cannabis and opium) [1] through licensed ayurvedic shops, who are provided the raw materials by the Ministry of Health and then compelled to produce solutions/products that are then sold to the public.
The Gazette is published in Sinhalese, Tamil, and English which are the three official languages of Sri Lanka. It publishes promulgated bills, presidential decrees, governmental ordinances, major legal acts as well as vacancies, government exams, requests for tender, changes of names, company registrations and deregistrations, land restitution notices, liquor licence applications, transport ...
COLOMBO (Reuters) -Sri Lanka's telecommunications regulator has issued a licence to Elon Musk's Starlink, the satellite unit of SpaceX, to provide the country with satellite broadband services ...
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 September 2005 Asia Pacific Breweries acquired a 60% stake in United Brewery, [3] [4] partnering with the Sri Lankan-based Anandappa family group (20%) and MBL Offshore Limited (20%). [5] Asia Pacific Breweries is a Singaporean-based joint venture between Heineken International and Fraser and Neave .