Business
DFCC Bank debit & credit cards: A card for everyone and every season
DFCC Bank, the Bank for Everyone, has announced a plethora of seasonal offers and benefits, for its range of credit and debit cards, which cater to a wide range of customers. DFCC Bank Cardholders can enjoy up to 60% savings at over 300 merchant locations island-wide during the Avurudhu season, covering electronics, supermarkets, e-commerce and entertainment. In addition to the seasonal offers, cardholders also enjoy a 1% cashback on every swipe all year, while also benefitting from DFCC Bank’s “Buy Now Pay Later” plans, which allow customers to enjoy the flexibility of making large purchases and then conveniently paying for them in instalments for up to 5 years. DFCC Bank Cards also provide the lowest processing fees for Loan on Card and Balance Transfer Products.
Speaking about the seasonal offers, CEO, Thimal Perera said, “As the bank for everyone, we understand the challenges we are all facing as a nation. Thus, through our seasonal offers, we want to give our customers something to celebrate this Avurudhu with amazing savings and other benefits across our range of cards products. Our Buy Now Pay Later proposition is very popular, and thus we are happy to announce that cardholders can convert their entire spend during the seasonal period into 60-month instalment plans. This will be beneficial for all customers, especially those looking to make seasonal purchases. We invite our customers to enjoy the savings we are providing during the Avurudhu season at over 300 merchant partners all across the country and make the best of the festive season.”
DFCC Bank provides a range of cards that cater to all requirements. The range includes the DFCC Bank World Mastercard Credit Card, DFCC Visa Infinite, Signature Gold Credit Card, Platinum Credit Card, DFCC Aloka Credit Card, Corporate Credit Card and others. These cards provide a varied range of benefits to suit every lifestyle, including those that are big on travel savings and perks, and others that provide exceptional year-round savings on shopping and other facilities. DFCC Bank Cards also provide instant cash loans up to 75% of the credit limit, along with attractive balance transfer arrangements for customers looking to change issuers and enjoy lower fees and charges and more favourable terms with DFCC Bank.
Commenting, Denver Lewis – Head of Cards at DFCC bank added, “Our portfolio of Cards products looks to cater to the various needs that people have. However, what is common to all our products is that we are constantly working to provide the best savings and offers in the market for our customers to enjoy. These benefits are not limited to credit cards, as we have many savings and offers for our debit cardholders too. Furthermore, our rates, fees and charges are amongst the lowest in Sri Lanka, making us attractive to customers with existing card balances with other issuers looking for better terms. We have also made the process very easy for the convenience of our customers. Our Avurudu seasonal savings are exceptional this year, and we encourage our customers to take maximum advantage of these limited time offers.”
The Bank’s Avurudhu offers on cards cover a variety of categories including dining, online purchases and services, 0% instalment plans, education, automobile, shopping, homecare and electronics, holidays, travel, footwear, bookshops, supermarkets, jewellery, healthcare and insurance, entertainment and many others. Furthermore, in keeping with DFCC Bank’s sustainability goals, the Bank is also providing offers on photovoltaic solar power generators and solar water heaters.
Business
Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook
Ambeon Securities recently hosted an exclusive investor forum, bringing together clients, investors, business leaders, and market professionals for an insightful discussion on Sri Lanka’s economic outlook and investment opportunities amidst a challenging global landscape.
The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm’s engagement with its growing client base.
The forum featured Baqar Zaidi, Director and Chief Economist for Sri Lanka and India at Citi Research, as the keynote speaker. Sharing his perspectives on the evolving global macroeconomic environment, Mr. Zaidi discussed key themes influencing emerging and frontier markets, Sri Lanka’s economic trajectory, and the opportunities lie ahead.
The keynote address was followed by an engaging panel discussion comprising Baqar Zaidi, Aravinda De Silva, respected investor, entrepreneur, and the Chairman of Arcasia Holdings. Hasitha Premaratne, Group Managing Director of Brandix and Asanka Herath, Chief Executive Officer – Unit Trusts and Head of Equities at LYNEAR Wealth Management.
Moderated by Imran Furkan, the panel explored a range of topics including Sri Lanka’s macroeconomic outlook, the future of the Colombo Stock Exchange, sectoral opportunities, capital allocation strategies, investor confidence, and the role of policy reforms in attracting investment and supporting long-term growth.
Speaking at the event, Charith Kamaladasa, Chief Executive Officer of Ambeon Securities, reaffirmed the company’s commitment to facilitate quality insights, informed perspectives, and meaningful dialogue to support their clients while building lasting relationships with them. He noted that in an environment where uncertainty has become the new normal, equipping investors with timely information and expert perspectives is essential for successful wealth creation.
The event was well attended by a distinguished gathering of institutional investors, high-net-worth investors, and business leaders. Among those present were members of the Ambeon Group Board, including Group Chairman Sujeewa Mudalige, Group CEO Dr. Sajeeva Narangoda, and Chairman of Ambeon Securities Mangala Boyagoda. Their presence, together with the participation of Ambeon Group shareholders and valued clients, enriched the discussions and contributed to a vibrant networking session, fostering meaningful dialogue and stronger connections within the investment community.
Through initiatives such as this, Ambeon Securities continues to reinforce its commitment to helping clients navigate evolving market conditions, make informed investment decisions, and achieve their long-term financial goals.
Business
Tata Group leads humanitarian education support initiative with DIMO and ChildFund
The Tata Group, in partnership with ChildFund and DIMO, has successfully implemented a humanitarian education support initiative for disaster-affected schoolchildren in Sri Lanka, reaffirming its commitment to helping communities recover from the impacts of Cyclone Ditwah and the subsequent floods.
Following a formal request for support from Sri Lanka, an on-ground assessment was conducted in December 2025. Recognizing the urgent need, several Tata companies joined forces to implement the response program.
As part of this initiative, the ‘Hope in a Backpack’ programme, which provides disaster-affected children with essential educational supplies, was launched by the Tata Group at Taj Samudra, Colombo, in the presence of the Chief Guest, Hon. Prime Minister Dr. Harini Amarasuriya; the Guest of Honour, Hon. Indian High Commissioner Santhosh Jha; Ranjith Pandithage, Chairman of DIMO; Chacko Thomas, Group Chief Sustainability Officer, Tata Sons; and Aditi Ghosh, Country Director, ChildFund.
This initiative is part of DIMO’s Social and Community Pillar, under the project theme ‘Lassana Hetak,’ which focuses on giving the future generation a helping hand towards a better future.
This collective effort was further strengthened by volunteers from Tata and DIMO, who actively mobilized on the ground to pack, distribute, and support affected communities. During the proceedings, specially invited schoolchildren received the backpacks with essential supplies as well.
Commenting on the partnership, Ranjith Pandithage, Chairman of DIMO, said: “DIMO is proud to collaborate on this meaningful initiative alongside the Tata Group and ChildFund as the local implementation and logistics partner. Our relationship with Tata spans more than six decades and has been built on a shared commitment to ethical business practices, trust, and creating lasting value for the communities we serve. These values have shaped our partnership over the years, extending beyond business to initiatives that make a meaningful difference in people’s lives.”
Business
NovaNest Properties launches Rainbow Apartments in Ratmalana
NovaNest Properties (Pvt) Ltd has officially launched Rainbow Apartments, a new residential development in Ratmalana. The announcement was made at an official launch event held at the Shangri-La Hotel, Colombo, marking the company’s latest addition to Sri Lanka’s growing apartment market.
The development is designed to cater to homebuyers seeking modern urban living, as well as investors looking for long-term value. Rainbow Apartments is located in Ratmalana, an area of increasing residential interest, and benefits from the suburb’s established social infrastructure, proximity to major transportation links, and accessibility to Colombo.
The project reflects NovaNest Properties’ commitment to delivering quality residential developments that combine contemporary design with practical living. Intended to satisfy the evolving lifestyle demands of today’s homeowners, Rainbow Apartments features thoughtfully designed living spaces supported by modern amenities. These include two infinity pools, a gym, fully functional workspaces, a mini theatre, stylish cafés, a mini-mart, and a children’s daycare. Additionally, it features a full time medical centre backed by Nawaloka Hospitals PLC Colombo, with a 24-hour ambulance service.
Commenting on the launch, the Chief Executive Officer of NovaNest Properties (Pvt) Ltd, Samitha Waidyasekera, said, “Today’s buyers are looking beyond square footage. In addition to providing long-term value, they want homes that are close to the places where they work, learn, and spend their time. With that shift in mind, Rainbow Apartments was created to bring together a strategic location, thoughtful design, and quality construction in a way that will continue to meet buyers’ needs for years to come. Through our promise of ‘Luxury Beyond Expectations,’ we are committed to delivering an elevated lifestyle experience that combines comfort, convenience, and modern living.
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