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Abans PLC. Abans PLC also known as Abans Group is a Sri Lankan public limited company and a diversified conglomerate in Sri Lanka engaged in ICT, retail, manufacturing, logistics, commercial real estate and financial services. Abans predominantly functions mainly as a consumer retailer selling various electronic appliances, smart phones ...
Aban Pestonjee ( Sinhala: අබාන් පෙස්ටොන්ජි) is the chairperson and founder of the Abans group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to Sri Lankan consumers. Pestonjee launched her business in 1968 in her home garage where she managed to ...
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. [57] [58] Abans was criticised for failing to meet international hygiene standards when operating the McDonald's ...
See McDonald's Pakistan: 105 Sri Lanka October 16, 1998 Colombo: 12 1,848,417 On March 25, 2024, all 12 outlets were temporarily closed until further notice as a result of McDonald's terminating its agreement with its Sri Lankan franchisee, Abans Plc, after being ordered by the Colombo High Court not to use the McDonald's branding. There were ...
BHARATHA MALLAWARACHI. August 15, 2024 at 3:53 AM. COLOMBO, Sri Lanka (AP) — Sri Lanka’s elections commission on Thursday accepted applications from a record 39 candidates to run in next month ...
Company Name Symbol B P P L Holdings: CSE: BPPL.N0000: Bairaha Farms: CSE: BFL.N0000: Balangoda Plantations: CSE: BALA.N0000: Bansei Royal Resorts Hikkaduwa: CSE: BRR ...
Licensed Specialised Banks. 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.
The Sri Lankan economic crisis[ 8] is an ongoing crisis in Sri Lanka that started in 2019. [ 9] It is the country's worst economic crisis since its independence in 1948. [ 9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities ...