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In the days after the riot at Little India, then Transport Minister Lui Tuck Yew who was also a Member of Parliament of the district wrote on Facebook that he would consider limiting the sale of liquor within Little India. A temporary ban on the sale and consumption of alcohol in Little India took effect during the weekend of 14–15 December ...
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]
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.
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 1999 the company acquired a significant stake in highly diversified Aitken Spence PLC, which has interests in power generation, shipping and hotels in Sri Lanka, India, Oman and the Maldives. In 2003 the company acquired a 90% stake in Sri Lanka Insurance Corporation Limited when the Sri Lankan government sold the state-owned insurer. [5]
[citation needed] Both companies major players in the online food delivery industry since 2020. [3] In 2019, it expanded across Sri Lanka to Colombo, Kandy, Negombo, Gampaha, Kurunagala and Kaluthara. [4] [5] In 2019 PickMe Food acquired YAMU restaurant portal. [6]
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In 2011 the beer industry grew by 23 per cent in volumes against 10 per cent growth in the hard liquor segment. [15] Out of the beer consumed in Sri Lanka 90% is manufactured locally with the remainder imported from Asian markets such as Vietnam, Singapore and India. The local beer market is currently occupied by three main brewers.