Category: Business and Economy

Celebrating World Chefs Day 2024, Unilever Food Solutions (UFS), the Food Service business of Unilever Sri Lanka recently held the event “Indulge in Future Menus” that was held at Cinnamon Grand Colombo and hosted over 150 culinary professionals in the island.       The event had two clear objectives: First, it displayed UFS’s dedication to develop Sri…

We’re thrilled to announce the repurposing of Mesh Fund by Hatch—an initiative dedicated to strengthening Sri Lanka’s startup ecosystem through community-focused support. We are investing 10% of our profits of Hatch into the Mesh Fund. This will provide resources, mentorship, and financial support to early-stage entrepreneurs, creating a network where startups can thrive, support one…

hSenid Business Solutions PLC was recognized with the Gold Award in the Large Category of the ICT, BPO & Related Services Sector at the 32nd Annual Export Awards 2024, hosted by the National Chamber of Exporters of Sri Lanka. The event was held on 6th December 2024 at the Shangri-La Hotel, Colombo. This achievement marks…

Orient Finance PLC, an established player in Sri Lanka’s financial services sector, has been honoured with five prestigious awards at the recently concluded Islamic Finance Forum of South Asia (IFFSA) Awards 2024. These accolades further solidify the company’s status as a trailblazer in the Islamic finance sector, both locally and internationally. Among the notable awards,…

Orion City, the nation’s premier IT and BPO business park, is launching a cutting-edge Electric Vehicle (EV) charging facility on January 1st, 2025. This new addition features 120 kW ultra-fast chargers and slower charging options, this latest addition strengthens Orion City’s commitment to sustainability and Environmental, Social, and Governance (ESG) standards, addressing the rising need…

Setting the benchmark for sustainable aluminium manufacturing in Sri Lanka and worldwide, Alumex PLC launched a comprehensive Environmental, Social, and Governance (ESG) roadmap titled ‘Elevate’ on 3rd December 2024 at the Hayleys Head Office. Adopting a formal ESG framework underscores Alumex’s vision of creating long-term value for stakeholders and contributing to a sustainable future. Commenting…

The Event Management Association of Sri Lanka (EMA), successfully hosted the highly anticipated BNS Hadagesma Special Edition Unplugged Musical Concert at the Musaeus College Auditorium on October 13th, 2024. This milestone event, featuring the renowned musical duo Bathiya and Santhush (BNS), achieved a remarkable sell-out, proving the concert’s status as one of the year’s most…

Pegasus Reef Hotel brought a refreshing twist to the festive season with its much awaited ‘Tropical Christmas’ themed holiday activities by lighting the Christmas Tree and welcoming Santa to the tropics. The celebrations provided a unique and joyful experience for the whole family, blending the traditional warmth of the festive season with the vibrancy of…

Orient Finance PLC, an established player in Sri Lanka’s financial services sector, has announced a remarkable financial performance for the period ended 30th September 2024, reporting significant growth in key financial metrics. For the period under review, the company achieved a net profit of Rs. 186.39 million, reflecting a 300.67% increase compared to the same…

Circular No. 03 of 2024, published by the Central Bank of Sri Lanka (CBSL), provides detailed instructions for Licensed Commercial Banks (LCBs) on how to set up and run Mobile Banking Units (MBUs). The goal of the action is to improve nationwide accessibility to financial services and standardize mobile banking procedures. MBUs are described under…