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1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
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 per capita consumption of milk and dairy products in Sri Lanka (about 36 kg) is less, compare to other countries in the South Asian region. Since the 1980s Sri Lanka import dry milk powder as their main dairy commodity from Australia and New Zealand up to now.
The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
In 2020, Lanka Milk Foods planned to commission a new dairy farm at a cost of LKR3 billion. The plant was planned to be operated under a new subsidiary, United Dairies Lanka (Pvt) Ltd. The farm planned to accommodate 2,000 cows and double the yoghurt production capacity. In 2020, 40% of the demand for milk in Sri Lanka was fulfilled by fresh milk.
Milk Industries of Lanka (Pvt) Ltd also more popularly known as Milco is a Sri Lankan state-owned dairy producer. Milco had been embroiled in a turbulent period for several years owing to financial irregularities and a lack of adequate internal control procedures for auditing financial statements.