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Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. [1] [2] Aelia Duty Free – a brand of Lagardère Travel Retail. [3] Comturist – a chain of duty-free stores.
It sells both local and international brands. It is the first shopping complex to be constructed in Sri Lanka. [2] It was constructed in early 1980s and it is regarded as one of Sri Lanka's oldest and iconic shopping complexes. [3] Chitra Weddikkara served as the quantity surveyor for the construction of the site in 1980s.
The company controls the subsidiaries of Singer Finance (Lanka), Singer Industries (Ceylon), Regnis Lanka, Realty (Lanka) Ltd, Singer Digital Media (Pvt) Ltd, and Singer Business School (Pvt) Ltd. [1] Singer (Sri Lanka) was credit rated as A+(lka) by Fitch Ratings in April 2022. [7] The company have chosen IFS AB's software as their ERP system. [8]
Hisense Group Co., Ltd. is a Chinese multinational major appliance and electronics manufacturer headquartered in Qingdao, Shandong province. [3] Televisions are the main products of Hisense, and it is the largest TV manufacturer in China by market share since 2004 [4] and was the world's fourth-largest TV manufacturer by market share in the first half of 2023 [5] and the second-largest by ...
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
In 2006, Hisense Group, another large-scale white goods manufacturer in Qingdao, Shandong, acquired Kelon and became its largest shareholder. In 2007, the company name was changed to Hisense Kelon Electrical Holdings Limited following the acquisition. [4] In October 2018, Kelon proposed changes to the company's Chinese and English names.
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.
Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes.