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In March 2024, McDonald's removed Abans as their Sri Lankan local partner as part of its global franchise network owing to the poor quality supply of food items and unhygienic food items in McDonald's outlets all over Sri Lanka. [15] [16] Abans was criticised for failing to meet international hygiene standards when operating the McDonald's ...
TV 1 is a Sri Lankan general entertainment television channel that provides content in both English and Sinhalese, aimed at the youth market. It was founded in 1992 as MTV Newsvision, making it one of Sri Lanka's first privately owned television channels. [1] Its sister channel, MTV, was renamed Sirasa TV in June 1998, and MTV Newsvision was ...
MAS Holdings is a Sri Lankan apparel manufacturer. [3] [4] [5] The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. [6]MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear.
Sri Lanka had an internet user base of about 6 million as of July 2016, about 28.2% of the population. [1] Despite being a developing country, the E-commerce industry has been receiving funding over the span of 10 years. [2] Market conditions in Sri Lanka are similar to those in India, as cash on delivery is the most preferred payment method ...
On August 20, 2024, Sri Lanka's Postal Department issued the world's longest stamp, measuring 205 millimetres (8.1 in), [10] to commemorate the Kandy Esala Perahera festival in Kandy. The stamp has a value of Rs. 500.
Sri Lanka's second state-owned TV station - Sri Lanka Rupavahini Corporation (SLRC) - was established by the Sri Lanka Rupavahini Corporation Act No. 6 of 1982. [3] SLRC started broadcasting on 15 February 1982. [2] The Act required the SLRC to maintain taste and decency and not to incite crime and disorder or cause religious or public offence.
ICRA Lanka adjudged the issue as an A Credit Enhancement rating with a stable outlook. [9] The company was awarded the silver award in the trading companies category at the 54th Annual Report Awards in 2018. The awards ceremony is organised by the Institute of Chartered Accountants of Sri Lanka and the ceremony was held at Shangri-La Colombo. [10]
A fully owned subsidiary of DishTV India, Dish TV Sri Lanka was launched in 2015. [1] However, the company ceased its operations in Sri Lanka due to heavy losses in 2019. Few channels were aired as Free To Air after disputes raised by its users for the sudden shutdown of services until July 2020 when the service was completely shutdown.