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Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
In March 2020, Kubota Corporation acquired a 10% stake in Escorts Limited for ₹ 1,042 crore (US$140.62 million) through preferential allotment, while Escorts Limited acquired a 40% stake in Kubota's Indian subsidiary, Kubota Agri Machinery India Pvt Ltd, for ₹ 900 crore (US$121.46 million). [7]
On 6 June 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation). [12] [13] Following the inclusion of Myanmar on 22 December 1997 during a special Ministerial Meeting in Bangkok, the Group was renamed 'BIMST-EC' (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation).
Moose Clothing Company, which was established in 2018, is a subsidiary of Brandix Lanka Limited. [20] Moose Clothing became a co-sponsor of South African cricket tour of Sri Lanka in 2018. [21] In 2023, the company entered into the Singaporean market when it signed an agreement with Mustafa Centre. [22]
FitsAir is a subsidiary of Aberdeen Holdings (Pvt) Ltd, a diversified conglomerate headquartered in Sri Lanka. ExpoAir was the first airline in Sri Lanka to be certified under the International Civil Aviation Organization ( ICAO) annex requirements, as well as being the first domestic airline to be certified by the Department of Civil Aviation ...
India's Best Company of the Year Award 2018 by Berkshire Media Pvt. Ltd. (A Division of Berkshire Media LLC, USA) [31] Dream Companies to Work for - Construction Sector, 16 February 2019 [32] Award for Brand Excellence- Construction Equipment Industry ACE- National Brand Leadership Congress & Awards 2019 [33]
The company was incorporated in 1986 as Alumex (Pvt) Ltd, a South Korean-Sri Lankan joint venture. The company commenced operations with a five-inch extruder and an anodizing plant in 1988. Stanley William, who was a founding director of Sampath Bank , was the company's first chairman. [ 2 ]