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[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 ...
Pages in category "Department stores of Sri Lanka" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes. A.
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 ...
Russia became Sri Lanka’s largest source of tourists after nearby India last year. Nearly 200,000 Russians and 5,000 Ukrainians visited the country of 22 million last year, official Sri Lankan ...
In 1844 British businessman William Milne started Milne & Company, [3] [4] general warehousemen, importers of oilman stores etc, [5] with branches in Kandy and Galle. In 1850 Milne was joined by his friend, David Sime Cargill, [6] and the firm became Milne, Cargill & Co. [7] In 1860 Milne retired from business in Ceylon and moved back to Scotland to form a company in Glasgow to look after the ...
The single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [32] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
The company segregated its life and non-life insurance businesses and then divested its non-life insurance to Fairfax Financial. The company changed its name in 2016 to Softlogic Life Insurance. The company is a constituent of the S&P Sri Lanka 20 Index. Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company is also ranked ...
Ceylon Cold Stores was established in 1866 as the Colombo Ice Company, which in 1863 imported the country's first ice-making machine.With an initial capital of £1,600, two steam engines of 8 and 9 horsepower, and a total of 22 employees, the company started producing ice on a commercial scale. [3]