Business
Launch of Galaxy S22: Samsung Student Ambassadors and Members applaud innovation
Samsung, Sri Lanka’s No. 1 Smartphone Brand, recently unveiled their latest premium flagship series, the Samsung Galaxy S22. The event, which included Samsung’s Student Ambassadors and Members, took off on a high note and received phenomenal feedback in response a company news release said.
“Samsung Student Ambassadors are the young representatives of the brand, hailing from many reputed universities across the country. The Samsung Student Ambassador Program came to life as a platform for young and talented university undergraduates in Sri Lanka to enhance their knowledge and skills,”it said.
“Among them, great innovators were selected and stood a chance to go through amazing training programmes and gained exposure to many tech experts and industry leaders. In addition to these young ambassadors, expert level members who provide advice to Samsung Galaxy users in order to help solve their product related issues and share the Samsung Galaxy experience were also present at the event.”
The event took off on a positive note as these Student Ambassadors, with the aid of the Samsung Members, were able to experience firsthand the amazing features of the Galaxy S22 series. There were several booths erected to experience the most premium features of the series, including the ‘nightography’ feature, 5G compatibility and gaming. Further, the students also had an opportunity to meet the Managing Director of Samsung, Mr. Kevin SungSu YOU, in addition to Samsung personnel, influencers and Yohani de Silva, Samsung’s brand ambassador. They also had an insight into the 5G technologies in Sri Lanka, the release further said.
“We’re excited to introduce these cutting-edge next-generation products to the next generation of consumers,” said Mr. Kevin SungSu YOU, Managing Director, Samsung Sri Lanka. “It has been a great opportunity for Samsung Student Ambassadors and Members to experience firsthand the excellence of the Samsung Galaxy S22. Our Ambassadors and Members have been an immense support to us throughout this journey and we are honored to have them at our launch as well.”
These are what Samsung’s Student Ambassadors had to say about the event:
Naveen Fernando – Saegis Campus
It was an amazing event to be a part of. Also it was great to meet the Samsung Staff, Celebrities, Student Ambassadors, and Expert level members. I used to watch launch events online for a long time. Back then, I wished that I would be able to participate for a physical launch event one day. Samsung made that wish come true. I also gained a lot of knowledge from the amazing speeches about 5G and technology.
Punesha Weerasinghe – University of Colombo
The Samsung Galaxy S22 event was an awesome experience for me as I got the chance to meet other Samsung Student ambassadors and learn about the newest 5G technology. The event was very colorful and enjoyable with the main ambassador Ms. Yohani’s performance.
Dinuka Piyadigama – Informatics Institute of Technology
The Samsung Galaxy S22 launch event was the best tech event that I had ever gotten invited to. I had a really good time, got to meet lots of people who were equally enthusiastic about tech. Having the devices to get hands-on experience was really fun & exciting.
Zeron Anas – General Sir John Kotelawala Defence University
We had an amazing experience with the Samsung Student Ambassadors initiative while learning so many things to broaden our knowledge on 5G technology, S pens, enhanced productivity features, pro-grade cameras, massive storage, faster charging technology and artificial intelligence used in Galaxy S22 Ultra.
Fathima Litha – KAATSU International University Sri Lanka
Samsung S22 launch was our first physical gathering as Samsung Student ambassadors and my first ever official Samsung event. So really enjoyed every bit of it from meeting the MD of Samsung, Mr. Kevin and the executive Committee, interacting with our fellow student ambassadors and expert level Samsung members, to being entertained by the performance of Yohani, the brand ambassador, experiencing the awesome photo booths.
Azarudeen Mohamed – The Open University of Sri Lanka
I was able to learn about the new things of next generation mobile tech 5G. And got a chance to meet the other Student Ambassadors which I anticipated for a long period of time.
Shajani Perera – National School of Business Management
It was an absolute honor to be a part of such a perfect evening with the most amazing people. The whole event was very well organized and there was never a dull moment. I didn’t feel like I was meeting everyone for the very first time, instead I felt like I was at a family gathering, which is what I loved the most about the entire event.
Sayuru Katipearachchi – Ocean University Sri Lanka
It was an amazing event. This was my first experience attending a product launch, and loved experiencing Galaxy S22’s Nightography feature. I am very proud to be a partner of this event. It was a dream come true.
Gishan Rivindu – Sri Lanka Institute of Information Technology
It was a super cool moment and really enjoyed the time with all of Samsung Student Ambassadors, Experts and Samsung Team for the first time physically. Galaxy S22 and S22 Ultra are the best devices that I have seen so far. Also I’m glad to have the opportunity to experience by using it and I really love the nightography experience that we had. Also looking forward to take participation on more product launch events in the future.
Nimasha Sankalani – University of Colombo
From the beginning to the end I felt much honored being a part of the launching event of Samsung Galaxy S22 series. It was well planned and the organizing committee did a superb job.
Uditha Gamage – University of Moratuwa
The program included various events aimed at delivering insights into the features of the product line-up. I especially enjoyed the Nightography feature experience that was available in the product booths. Another highlight of the event was the delightful musical performance by the Samsung brand ambassador Yohani.
Vinura Osada Gallage – University of Moratuwa
Thank you Samsung Sri Lanka Team for inviting us to experience the Galaxy S22 Unpacked Event. It was better, cooler and awesome in every way than watching live on a screen.
Here’s what Samsung Members had to say about the event:
Sadesh Abeysinghe – Expert Level 5
I think the S22 series launch was well executed. It was my second time attending a physical unpackeING event in Sri Lanka, and like their phone quality, Samsung’s organizing team delivered something fantastic.
Janith Chandima Fernando – Expert Level 5
Having the devices to get hands-on experience was really fun and was exciting for the first time in Sri Lanka. And I was able to take pics under low light and they were amazing. The features and specifications of the phone was quite amazing, including the camera which was awesome.
Sakila Pamudith – Expert Level 2
In particular, it was a great opportunity to meet Mr. Kevin Sungsu YOU and other Samsung executive officers and also thank you so much for joining us on all the special occasions.
Business
Sri Lanka’s lifestyle coffee culture boom and the two faces of its economy
By Sanath Nanayakkare
On Baseline Road in Colombo, Barista Coffee recently opened its 100th outlet. For a modern café culture spreading across shopping centers, office districts, and provincial towns, this milestone is a major commercial success. It shows a thriving urban service sector and a growing class of lifestyle consumers who use coffee shops as places to work, socialise, and meet.
This is a curious new picture emerging from Sri Lanka’s post-crisis economic recovery: the coffee cup is getting bigger, even as the household tea cup tells a very different story.
Yet, looking past the espresso machines, a different reality unfolds in the country’s kitchens.
International financial institutions note that while Sri Lanka’s macro-economy is recovering, household welfare and employment remain below pre-crisis levels. Poverty rates sit at roughly double what they were in 2019, and food prices doubled over a three-year span, forcing families to cut back on essentials.
This creates a striking local paradox, especially given Sri Lanka’s proud heritage as a global tea producer. While the world pays top dollar for Ceylon Tea, local market studies and industry reports have long pointed out an unfortunate disparity: many ordinary families find high-quality tea too expensive, often settling for lower-grade alternatives at home.
The growth of a 100-outlet coffee network does not mean prosperity has spread evenly across the island. Instead, it proves that there is a specific, well-resourced segment of consumers with the purchasing power to sustain a premium lifestyle economy, even as many other households carefully calculate the cost of everyday groceries.
Barista’s 100th store is not a bad-news story; it is a testament to acute entrepreneurial grit, shifting consumer behavior, and the vital revival of the nation’s urban service sectors. But it serves as an uncompromising reminder that macroeconomic stabilisation is not synonymous with household recovery.
As Colombo’s coffee culture looks toward its next hundred outlets, the true pulse of the nation’s economic health will not be measured by the espresso machines humming in sleek urban hubs, but by the quiet arithmetic happening in millions of kitchens beyond its doors – where the fundamental question remains whether a family can comfortably afford a better cup of Ceylon Tea.
Business
Aitken Spence Hotel Holdings Rs. 5 billion debenture issue oversubscribed on opening day
Aitken Spence Hotel Holdings PLC announced that its maiden listed, rated, unsecured, senior
redeemable debenture issue was oversubscribed on its opening day, 15th September 2026.
The Company sought to raise Rs. 3 billion through an initial issuance of 30 million debentures at Rs.
100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to Rs. 5 billion.
The Company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m. on the opening day (15).
The basis of allotment will be announced to the Colombo Stock Exchange as per regulatory requirements in due course.
Business
GCF urges Asia to turn climate pledges into bankable projects
By Ifham Nizam
The widening gap between climate commitments and actual projects on the ground has come under the spotlight in Colombo, with the Green Climate Fund (GCF) calling for a decisive shift from pledges and plans towards implementation, investment and measurable climate impact across Asia.
Some 150 climate leaders, government representatives and development partners from East and South Asia have gathered in Colombo for the GCF’s Regional Dialogue, as developing economies across the region seek greater access to climate finance to strengthen resilience, accelerate clean investment and protect vulnerable communities from intensifying climate impacts.
The dialogue has also given Sri Lanka an important platform to highlight the financing challenge confronting a climate-vulnerable economy seeking to strengthen resilience while rebuilding economic capacity.
Opening the dialogue, Environment Minister Dr. Dammika Patabendi called for moving ‘from pledges to projects, from plans to implementation, and from ambition to impact,’ stressing that transformative climate action would require stronger partnerships, increased climate finance and greater support for adaptation.
His message carries particular significance for Sri Lanka, where climate-related disasters increasingly threaten agriculture, water resources, infrastructure, livelihoods and economic activity.
For a country with limited fiscal space, financing climate resilience entirely through domestic resources remains a major challenge. International climate finance therefore has the potential to become an important source of investment for projects designed not only to reduce emissions but also to protect communities and economic assets from increasingly severe climate shocks.
The Colombo dialogue provides an opportunity for Sri Lanka to strengthen its engagement with the GCF and other development partners while highlighting the need to convert national climate priorities into credible, investment-ready projects.
The GCF said its portfolio across Asia and the Pacific currently comprises 129 projects in 36 countries, supported by USD 5.8 billion in GCF financing. It has also approved USD 163 million in Readiness support to help countries strengthen their institutional capacity and ability to access climate finance.
These figures underline the growing scale of climate investment in the region, but they also highlight the importance of countries developing strong project pipelines capable of converting available finance into implementation.
For Sri Lanka, this is likely to be one of the most important dimensions of the current climate-finance discussion.
Projects aimed at strengthening climate-resilient agriculture, water management, disaster-risk reduction, renewable energy, resilient infrastructure and ecosystem protection require significant upfront investment.
Access to concessional and climate-focused international finance could help reduce the burden on public finances while enabling projects with long-term economic and environmental returns.
The need for adaptation finance was reinforced by the opening of the Colombo dialogue, which began with a moment of remembrance for those affected by last month’s glacial flood disaster in Nepal.
For Sri Lanka, a more country-responsive climate-finance system could be particularly valuable at a time when investment needs are high but public resources remain constrained.
As the GCF begins its third replenishment, the real measure of the next phase will therefore be whether climate finance can move faster from international commitments to national projects—and ultimately from project documents to tangible results on the ground.
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