Category: Business and Economy

Orient Finance PLC Triumphs at IFFSA 2024, Earning Multiple Accolades for Excellence

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,…

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Orion City launches EV charging facility with 120 kW fast chargers, supporting sustainability and convenience

Orion City, the nationโ€™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 Cityโ€™s commitment to sustainability and Environmental, Social, and Governance (ESG) standards, addressing the rising need…

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Alumex PLC launches new ESG Roadmap โ€˜Elevateโ€™ to Shape a Sustainable Future

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

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Event Management Association of Sri Lanka Presents Sold-Out BNS Hadagesma Special Edition Unplugged Concert

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…

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Pegasus Reef Hotel kicked off โ€˜Tropical Christmasโ€™ celebrations with lighting of the Christmas Tree

Pegasus Reef Hotel brought a refreshing twist to the festive season with its much awaited โ€˜Tropical Christmasโ€™ 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…

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Orient Finance Records Impressive Financial Results with Strong Profit Surge and Asset Growth for the Period Ended 30th September 2024

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…

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Hayleys Fentons unveils its first immersive Experience Centre

Hayleys Fentons Limited proudly announces the opening of its inaugural Experience Centre located at 223B Nawala Road, Nugegoda. This pioneering facility is designed to provide an immersive, hands-on exploration of the companyโ€™s cutting-edge solutions across 12 key sectors: Solar Power, ICT, Security & Communication, Audio-Visual Integration (AVI), Electrical & Lighting, Fire Safety Solutions, Air Conditioning…

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New Chairman appointed to the SMIB

Mr. Maheel Kuragama was recently appointed as Chairman of the State Mortgage and Investment Bank, a leading state-owned institution with a rich history spanning over 9 decades. Mr. Kuragama is a distinguished senior banker, with over 32 years of extensive and varied experience in all areas of banking. Appointed as the Chairman in November 2024,…

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Orion City pioneers sustainable development as Sri Lankaโ€™s first and only IT Park to invest in 700 kW Solar Power

Orion City, the nationโ€™s premier IT and business park, has expanded its sustainable infrastructure with a fully operational 700 kW solar energy project at its Colombo 09 complex. This landmark initiative underscores Orion Cityโ€™s commitment to Environmental, Social, and Governance (ESG) principles, driving a forward-thinking approach to eco-friendly infrastructure and establishing its position as a…

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