Category: Business and Economy

Orient Finance PLC reports robust financial growth for 9-month period ended December 31, 2024

Orient Finance PLC has reported an outstanding financial performance for the nine-month period ended December 31, 2024, showcasing significant growth in key financial indicators compared to the corresponding period in 2023. The Company recorded a remarkable 161% increase in profit after tax, reaching Rs. 254.6 million compared to Rs. 97.6 million in the same period…

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Jeep Club of Sri Lanka Embarks on an Exhilarating ‘Odyssey Through the Wild’

The Jeep Club of Sri Lanka (JCSL) recently embarked on its much-anticipated annual expedition, ‘Odyssey Through the Wild,’ taking 18 Jeep enthusiasts and their families deep into some of Sri Lanka’s less patronised national parks.   Spanning four days and over 1,000 kms, this adventure celebrated the Jeep spirit—embracing nature, wildlife, and camaraderie while always ensuring…

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DoubleTree by Hilton Weerawila Rajawarna Resort Presents The ‘Rajawarna Soorya Mangalya 2025’

Six days of festive traditions, vibrant flavors, and timeless rituals to welcome the Sinhala and Tamil New Year in style DoubleTree by Hilton Weerawila Rajawarna Resort is set to host the “Rajawarna Soorya Mangalya 2025”, an immersive, six-day cultural celebration of Sri Lanka’s cherished Sinhala and Tamil New Year. Taking place from 11-16 April, the…

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Lanka Rating Agency Limited Upgrades First Capital Treasuries to A+

First Capital Treasuries PLC and Lanka Rating Agency Ltd (LRA) are pleased to jointly announce the upgrade of First Capital Treasuries PLC’s credit rating to ‘A+’ from ‘A’, reflecting the company’s strengthened financial position, robust risk management practices, and continued excellence in Sri Lanka’s capital markets. The rating upgrade comes after a comprehensive assessment of…

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Delmege Partners with Hettich to Introduce a full range of hardware solutions

Delmege, a leading conglomerate with a legacy of 175 years and known for its diversified business sectors, has proudly announced a strategic franchise partnership with Hettich, a 137-year-old, globally renowned premium lifestyle brand in furniture hardware, kitchen appliances and door hardware. This strategic alliance marks a significant step in the Sri Lankan market, as it…

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Evolution Auto Partners with Geely Holding Group to Revolutionize Sri Lanka’s Mobility with Advanced Electric Pickups 

Evolution Auto (Pvt) Ltd Sri Lanka is proud to announce its strategic partnership with Geely Holding Group, marking a new era of sustainable and innovative mobility solutions in Sri Lanka. Evolution Auto, a joint venture between ATMAN Group and SINO LANKA Ltd, is leading the way in automotive innovation in Sri Lanka, committed to transforming…

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