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Market conditions in Sri Lanka are similar to those in India, as cash on delivery is the most preferred payment method. [3] [4] According to experts, Sri Lanka’s annual domestic E-commerce sales value including services is an estimated US$ 40 million. This is expected to grow to US$400 million by 2022.
Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees. [4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages.
Odel (stylised as O ΞL and ODEL) is a public retail company, the first in Sri Lanka. [2] Starting out as a single company focusing on the retail garment trade, Odel developed over the years to become the first department store in the country. [3] [4]
Sarasavi Bookshop. Singer (Sri Lanka) Categories: Companies of Sri Lanka by industry. Retail companies by country. Retail companies of Asia. Retailing in Sri Lanka.
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Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [10] As of 1998, the Sri Lanka apparel industry employed about ...
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. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [1]
Sri Lanka spinner Praveen Jayawickrama was charged with three counts of breaching International Cricket Council’s anti-corruption code. The world governing body said in a statement Thursday the ...