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…
Guidelines for Mobile Banking Units Are Introduced by the Central Bank of Sri Lanka
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…
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 company’s cutting-edge solutions across 12 key sectors: Solar Power, ICT, Security & Communication, Audio-Visual Integration (AVI), Electrical & Lighting, Fire Safety Solutions, Air Conditioning…
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,…
Orion City pioneers sustainable development as Sri Lanka’s first and only IT Park to invest in 700 kW Solar Power
Orion City, the nation’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 City’s commitment to Environmental, Social, and Governance (ESG) principles, driving a forward-thinking approach to eco-friendly infrastructure and establishing its position as a…
Hayleys Solar’s Online Savings Calculator enables Sri Lankans to Capitalise on Solar Power
Hayleys Solar, the renewable energy arm of Hayleys Fentons, has equipped Sri Lankan families with the tools to take control of their energy needs. Having recently introduced “Nayak Nowena Nayak,” an exclusive financial scheme designed to make solar power affordable for everyone, Hayleys Solar has now launched a savings calculator under the Nayak Nowena Nayak…
Varian and DIMO Healthcare host symposium to elevate cancer care in Sri Lanka through advanced radiation therapy solutions
DIMO Healthcare, the healthcare arm of leading diversified conglomerate DIMO, and Varian, a global leader in the oncology sphere and part of Siemens Healthineers, recently organized ‘The Varian Technology Symposium’ in Sri Lanka. The Symposium was designed to raise awareness among medical professionals and highlight the pivotal role of advanced radiation therapy technology, to address…
DIMO Healthcare elevates cancer treatment standards with Siemens Healthineers Advanced CT Simulator
DIMO Healthcare, DIMO’s healthcare arm, together with Siemens Healthineers, has once again demonstrated its commitment to further advancing cancer treatment in Sri Lanka by introducing the latest version of the Siemens CT Simulator, SOMATOM go.Sim, accompanied with AI-enabled tools for enhanced patient outcomes. The installation of this state-of-the-art CT Simulator at the Ceylinco Cancer Centre…
All-New AMW Karate Motorcycle Battery to deliver unmatched power and performance
Associated Motorways (Private) Limited. (AMW), a trusted name in the Sri Lankan automative industry for over 75 years, proudly unveils the AMW Karate Battery brand’s all-new 12V 5Ah motorcycle battery. Built to embody the ‘Power of a Warrior’, AMW Karate Batteries deliver unparalleled reliability and performance, setting new standards for motorcycle users. Underscored by its…
DIMO Expands CARPITAL Advisory Services Through a Strategic Alliance with Nations Trust Bank, Offering Tailor-Made Financial Solutions
DIMO, the Nation’s Perfect Mobility Partner, recently announced a strategic partnership with Nations Trust Bank (NTB), to further expand its tailored advisory service for pre-owned luxury vehicle buyers and sellers titled, CARPITAL by DIMO CERTIFIED. CARPITAL Advisory Services by DIMO CERTIFIED offers tailored consultations focused on Expert Advice, Real Market Value Assessment, Peace of Mind…