Business
Orel Corporation in strategic partnership with Prime Residencies
By Ifham Nizam
Sri Lanka’s leading electrical goods manufacturer, Orel Corporation, on Monday announced a strategic partnership with Prime Residencies, a leading real estate company here, for their upcoming iconic project, The Palace Gampaha.
The partnership was officially signed recently which designates Orel Corporation as the primary contributor responsible for external electrical systems in this innovative development.Speaking to The Island Financial Review, on their target market group, Prime Director Noel Joseph said the Palace Gampaha is designed to cater to the discerning preferences of upper-middle-class individuals.
Joseph added: ‘The residences are situated in a prime location, suggesting easy access to essential amenities and a desirable neighborhoods.
‘The project emphasizes a balance between affordable living and sophistication, indicating that it aims to provide luxurious homes at a reasonable price.
“The residences come with premium features, likely including high-end amenities, advanced security systems, and quality finishes to meet the standards of the upper-middle-class demographic.
‘The mention of exclusive events suggests a focus on community building and social activities for the residents, fostering a sense of belonging and a luxury lifestyle.
‘The introduction of a revolutionary 1% per month payment plan is highlighted. This unique payment structure may make the dream of opulent living more attainable for potential buyers.
‘The project promises an unmatched lifestyle for residents, indicating that it goes beyond providing just a place to live and aims to create a unique living experience.
‘The project is positioned in the vibrant location of Gampaha, suggesting that it is part of a lively and dynamic community.
‘For those seeking refined elegance in their homes, The Palace, Gampaha aims to fulfil this desire, indicating a focus on aesthetics and luxury.
‘Overall, the description paints a picture of a high-end residential project that combines affordability with luxury, offering a distinctive living experience for upper-middle-class individuals in the vibrant city of Gampaha.
‘The real estate sector has experienced steady growth, driven by rapid urbanization and population expansion. This growth is likely fueled by an increasing demand for housing and commercial spaces in response to urban development.
‘Sales taxes, including Value Added Tax (VAT) and Social Security Contribution Levy (SSCL), are mentioned as contributing to the challenging environment. These taxes will add to the overall cost of a project and affect its financial viability.
Prashantha Hettiarachchi, Project Manager/Management Consultant Orel, told The Island Financial Review; “Our target market is developers, investors in the building sector and consultants in Building Services Engineering.
‘I am happy to say that we have achieved more than 10% of the market share in turnkey projects in the electrical sector in Sri Lanka within one year.
‘The key of the success of the Orel turnkey division is its ability to offer comprehensive solutions tailored to the unique needs of our clients. Whether it’s project management, design, procurement, installation, or maintenance, we have assembled a team of experts to ensure a seamless and hassle-free experience for our clients.
Pramuditha Gurusinghe, Assistant General Manager – Turnkey Projects from Orel Corporation stated; ‘’We are happy to join forces with Prime Residencies, Sri Lanka’s top notch real estate giant, embarking on a transformative journey to redefine the landscape of infrastructure development— and this marks a tremendous milestone for our turnkey projects’ portfolio. This strategic partnership in which we facilitate robust electrical infrastructure, reinforced by the pioneering spirit of Prime Residencies in the realm of building development, signifies our commitment to paving the path to a brighter and connected tomorrow’’.
Nalinda Heenatigala, Director Corporate Affairs of Prime Lands Residencies PLC, shared his enthusiasm about the partnership, stating, “We are excited to introduce an exclusive investment opportunity for The Palace Gampaha to our valued clients. Our ground-breaking payment plan, a first of its kind in Sri Lanka, aims to provide a luxurious and accessible lifestyle to our investors. Committed to revolutionizing real estate investment in Sri Lanka, we aim to offer a unique and unparalleled experience for our clients.”
Business
Cross-border supply chains seen as key to new business opportunities
By Ifham Nizam
Australian High Commissioner to Sri Lanka Matthew Duckworth described Omega Traders’ latest investment in a modern dhal-processing facility as a strong example of how cross-border supply chains can translate into productive investment, local value addition and new business opportunities in Sri Lanka.
The investment, which adds a 150-metric-tonne-per-eight-hour-day processing capacity to Omega Traders’ operations, marks a significant expansion of the company’s manufacturing footprint as it celebrates 45 years in Sri Lanka’s food commodity industry.
Speaking at the inauguration of the new Lentil and Orid Dhal Processing Factory in Wattala, last Friday, H.C. Duckworth said the facility represented more than an increase in production capacity, pointing to the wider economic value created when Australian agricultural production is connected with Sri Lankan processing and distribution.
‘This facility is not operating on its own. It is part of a long supply chain and a trade partnership between Sri Lanka and Australia, Duckworth said.
His comments placed the Omega Traders’ investment within a broader commercial context: Australia brings agricultural production and established export capabilities, while Sri Lanka provides processing capacity, labour, market access and opportunities for further value addition.
The investment comes as Sri Lanka continues to look towards greater domestic processing and value-added manufacturing rather than relying solely on the import and distribution of finished commodities.
Dr. (Mrs.) Siddhika G. Senaratne, Director General/CEO of the Sri Lanka Standards Institution (SLSI), who attended the inauguration as Guest of Honour, highlighted the importance of quality assurance in food processing and the role of standards in maintaining confidence across the supply chain.
The facility is equipped with new-generation cleaning, processing, sorting and quality-control machinery, including advanced colour-sorting technology, automated systems and an in-house quality-control laboratory.
The additional capacity will support Omega Traders’ three principal Mysoor Dhal brands — Rainbow Jumbo Dhal, Komas Dhal and Rozanna Dhal — which serve different segments of the Sri Lankan market.
But the investment also has a distinctly local agricultural dimension.
Through its Orid Dhal operation, Omega Traders plans to source locally grown black matpe from Sri Lankan farmers and process it at the new facility.
That creates a domestic value chain linking farmers to industrial processing and consumers, while potentially increasing demand for locally produced agricultural commodities.
Duckworth said this type of business partnership could generate benefits for both countries.
‘Australia produces some of the world’s best agricultural products and we are very efficient and very capable at trading them. But that alone is not going to bring success to Australia. Just as building a factory like this is not going to bring success to Sri Lanka, he said.
‘It’s when we bring these entities together that our products produced in Australia can be processed in excellence here in Sri Lanka that enables this to be a success, the H.C. explained.
The investment therefore combines two complementary supply streams: imported agricultural commodities, including Australian-origin products, and locally produced black matpe for the Orid Dhal operation.
For Sri Lanka, the business significance extends beyond Omega Traders itself. Increased processing capacity creates demand for logistics, packaging, distribution, services and agricultural inputs, while supporting employment within the food-processing ecosystem.
Business
Ideal Motors makes history with multiple workplace excellence accolades
HR-led transformation places people, culture and business performance at the heart of the organisation
Ideal Motors (Pvt) Ltd,has achieved a significant milestone by securing multiple prestigious workplace and organisational culture accolades in 2026, reinforcing its position as an employer of choice in Sri Lanka’s automotive sector.
Among its latest achievements, Ideal Motors has been recognised as one of the 20 Great Workplaces for Young Talent in Sri Lanka 2026, ranked No. 1 and awarded the Gold Medal in the Small and Medium category of Best Workplaces™ in Sri Lanka 2026, and ranked No. 18 among Best Workplaces™ in Asia in the Medium Scale category—the highest-ranked Sri Lankan organisation in the category. The company also received Industry Excellence for Workplace Culture – Trading Industry.
The Young Talent recognition was presented at the Great Place To Work® CXO Forum 2026 held on 10 September 2026 at Cinnamon Life, Colombo. The recognition followed an evaluation of more than 100 certified organisations and highlights workplaces that create meaningful opportunities for employees under 35 to develop, contribute and grow.
At the Best Workplaces™ in Sri Lanka Awards Gala 2026, held on 11 September 2026 at Cinnamon Life, Colombo, Ideal Motors achieved another historic milestone by entering the Best Workplaces Sri Lanka list for the first time and securing the No. 1 Gold Medal in the Small and Medium category. The company also achieved No. 18 in Best Workplaces™ in Asia, reflecting the strength of its workplace culture beyond Sri Lanka.
These achievements represent more than a collection of awards. They reflect the transformation taking place within Ideal Motors, where people, culture and business performance are increasingly viewed as interconnected drivers of sustainable growth.
Over the past few years, the organisation’s HR function has evolved from a predominantly administrative role into a strategic business partner, with greater emphasis on employee experience, capability development, engagement, performance, communication, wellbeing, diversity and inclusion, and data-driven HR practices.
Business
AAC takes seat belt safety message to Colombo motorists
The Automobile Association of Ceylon (AAC) conducted a seat belt safety awareness programme in front of its headquarters and along Galle Face Centre Road, encouraging motorists and passengers to make seat belt use a habit on every journey.
AAC staff, working alongside officers of the Sri Lanka Police Traffic Division, distributed specially designed hanging tags and stickers to drivers. The material carries a clear reminder that seat belts protect drivers as well as passengers in both the front and rear seats.
The public awareness drive was held ahead of the requirement taking effect on 20 September 2026, under which seat belt use becomes mandatory for every occupant of a vehicle travelling on an expressway.
AAC emphasized that the regulation should be understood as a life-saving measure rather than only a legal obligation. Wearing a seat belt can help prevent occupants from being thrown inside or from a vehicle during a collision and can lessen the severity of injuries.
The Association said road safety legislation must be supported by sustained public education, visible enforcement and responsible behaviour by all road users. The participation of the Traffic Police helped the campaign reach motorists directly in a busy part of central Colombo.
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