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KFC operates restaurants in several Asian countries. In Sri Lanka, KFC was launched in 1995 at Majestic City. There were 62 KFC restaurants in Sri Lanka as of April 2024. [19] It is currently operated by Cargills Ceylon PLC. In Singapore, the first KFC franchise was opened in 1977 along Somerset Road. In 1993, KFC Singapore was the first KFC in ...
However, KFC's outlet closed due to failing sales, and dipped to around 120 stores by 2009. [95] As of June 2014, KFC reopened some of its stores and operates 170 outlets in South Korea. [96] Sri Lanka: 1995 [97] Cargills [97] Currently 62 outlets, with the first outlet opening at Majestic City, Colombo, in 1995. Taiwan: 1985 [98] Jardines [98]
KFC Corporation, [4] doing business as KFC (also commonly referred to by its historical name Kentucky Fried Chicken), is an American fast food restaurant chain that specializes in fried chicken. Headquartered in Louisville, Kentucky , it is the world's second-largest restaurant chain (as measured by sales) after McDonald's , with over 30,000 ...
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In 1991 the company built the Majestic City shopping complex and cineplex, one of the first at the time in Sri Lanka. In 1993, Cargills entered the food production business with the acquisition of a smallgoods processing plant in Mattakuliya. In 1996, the company obtained the franchise rights for Kentucky Fried Chicken (KFC).
In 2011, the Company secured a provisional commercial banking license from the Central Bank of Sri Lanka and commenced operations in 2014. Cargills acquired the franchise license for T.G.I. Friday's and opened its first restaurant at Colombo Fort in October 2013. The restaurant was later relocated to the One Galle Face mall in Colombo.
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
The Sri Lankan banking industry was changed during the late 1980s with the introduction of automation by private banking corporations. [10] Previously, few foreign banks were operating within Sri Lanka with few branches such as Hongkong and Shanghai Banking Corporation, etc. HSBC was using interactive electronic customer interfaces such as automated teller machines (ATMs).