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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]
The pre-history of Sri Lanka goes back 125,000 years and possibly even as far back as 500,000 years. [1] The era spans the Palaeolithic , Mesolithic and early Iron Ages . Among the Paleolithic human settlements discovered in Sri Lanka, Pahiyangala (named after the Chinese traveller monk Faxian ), which dates back to 37,000 BP, Batadombalena ...
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 ...
China paid Ceylon Rs. 1.74 per pound of rubber, whereas the average world market price was Rs. 1.05 per pound. This premium varied with every five-year agreement. The handling charge, which was fixed at five cents per pound, also varied in subsequent years. China also agreed to supply rice to Sri Lanka below market prices, at £54 or Rs. 720 ...
A Ceylonese Singer sewing machine advertisement card from 1892. The Singer Corporation entered the Sri Lankan market in 1877 with the sale of sewing machines. [1] The company was incorporated as a limited liability company in 1974 and became a quoted company in the Colombo Stock Exchange in 1981.
The proposed connection involves the linking of the national grids of India and Sri Lanka via Rameshwaram in south India and Talaimannar in north-west Sri Lanka. The project involves the construction of a HVDC connection between Madurai in southern India and Anuradhapura in central Sri Lanka, through the Palk Strait. The link would measure ...
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
Ritzbury originally started in 1991 as number four in Sri Lanka's chocolate market. By 2006 it had beaten Kandos (Ceylon Chocolates) to the number two spot, with a 21% market share [8] (although still behind, market leader, Edna Group's 42% share). In 2010 it had become Sri Lanka's number one chocolate producer, [14] with a 47.2% market share. [15]