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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]
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 the 1960s and 1970s DFS Group significantly expanded their operation in Pacific Islands and North America. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers have their purchases delivered before departure. [8]
Hemaka Amarasuriya is a Sri Lankan corporate leader and executive, who holds and has held many corporate positions in Sri Lanka and the region. He was the former chairman and CEO of Singer Sri Lanka. He is also the chairman of Sri Lanka Insurance, Nations Trust Bank and NDB Group. [1]
Malaysia is one of the major trade partners of Sri Lanka, [6] and among the leading investors in the country, trade relations are expected to reach U$1 billion in 2015. [7] [8] In 2011, trade between the two countries reached U$814 million, with exports from Malaysia amounting to U$644 million and imports accounting for U$169 million. [9]
The complex was designed by Gemmu Fernando of the Design Group Five International (Pvt) Ltd [2] and constructed by Tudawe Brothers Limited. Construction of the three-storey 13,000 m 2 (140,000 sq ft) shopping complex, with 88 tenancies, developed around a central atrium was completed in 1991 and formally opened on 4 April.
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 later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications acquired the national dealership of Nokia in ...