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Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
In Sri Lanka there are few department stores. Most are based on Colombo, the country's capital. Notable department stores are Odel, the Food City chain by Cargills (Ceylon) PLC and the Arpico Super Centre operated by David Pieris & Co.
The second-highest earnings contributor for Cash Converters is its corporate-owned store network, which generates income through the sale of second-hand goods, unsecured loans and secured pawnbroking loans. Cash Converters’ franchise network represents 618 stores throughout the globe, including 80 in Australia, and income is generated through ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Los Angeles Dodgers reliever Brusdar Graterol is expected to miss the first half of the 2025 MLB season after undergoing surgery to repair the labrum in his right shoulder.. Graterol, 26, was ...
Sri Lanka is pockmarked with many irrigation dams, with its water resource distributed across nearly the entirety of the island for agricultural purposes via artificial canals and streams. Utilization of hydro resources for agricultural production dates back to the pre-Colonial era , with the current crop production now largely dependent on ...
"Serena is a sweet little lovebug. She enjoys it when you sit with her, play music for her, and pet her. She closes her eyes and settles in for a good cuddle.