Business
Dialog and Samsung Launch Highly Anticipated Samsung Galaxy S24 Series

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in collaboration with Samsung Sri Lanka, announced the launch of the all-new Galaxy S24 Series. The momentous occasion took place at an exclusive event held at the Dialog auditorium, that was attended by Club Vision loyalty members, pre-order customers and Dialog Enterprise customers. The event marked a significant milestone, where Dialog customers were able to pre-order the device for the first time in Sri Lanka.
The Samsung Galaxy S24 Series, fully compatible with the Dialog 5G network, heralds a new era in the premium smartphone experience. Dialog is also the first and only network to offer Voice over Wi-Fi (VoWiFi or WiFi Calling), VoLTE (Voice over LTE) and eSIM capabilities for the latest Samsung Galaxy 5G range. The Samsung Galaxy S24 boasts a remarkable camera that allows users to unleash their creativity, enabling the capture of cinematic nightography videos with the assistance of transformative Galaxy AI technology.
Moreover, the latest Samsung Galaxy S24 range unleashes new mobile experiences with Galaxy AI, revolutionising communication with Live Translate for real-time voice and text translations in native apps, breaking language barriers effortlessly. Interpreter enables split-screen translations for face-to-face conversations, functioning offline while Chat Assist refines messaging tones, and Samsung Keyboard translates in real-time. Note Assist in Samsung Notes also enhances organisation with AI-generated summaries and template creation. Finally, the Galaxy S24 has introduced Circle to Search, a gesture-driven search tool with Google, offering seamless discovery by circling, highlighting, or tapping on the screen for high-quality search results without leaving the app.
The Samsung Galaxy S24 is available at Rs. 326,859/-, the Samsung Galaxy S24 Plus at Rs. 408,515/-, and the Samsung Galaxy S24 Ultra at Rs. 531,117/- (Inclusive of taxes). Additionally, pre-order customers will receive a free anytime data bundle of 600GB (valid for 3 months), a 2 year warranty, 2 year one-time screen replacement warranty, extended cover with 50% discounts on cost of parts during the 3rd year, Microsoft 365 – 100GB cloud storage and 6 month Microsoft 365 Basic subscription, and a 2-month offer on premium Adobe Photoshop Lightroom and Adobe Express. Club Vision members also have the added benefit of redeeming their loyalty discounts when purchasing the devices from Dialog.
Business
Central Bank Presents Annual Economic Review 2024 to President

The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT

IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Business
Ceylon Energy and HJT China complete key power projects under SESRIP in Sri Lanka

Ceylon Energy and HJT China have successfully completed the Mahiyangana-Kappalthurei 33kV power distribution lines and the Uhana Gantry as part of Sri Lanka’s Supporting Electricity Supply Reliability Improvement Project (SESRIP). Funded by the Asian Development Bank ($42 million), SESRIP aims to expand energy access in underserved regions, including conflict-affected areas and provinces like Uva and North Central.
The project’s infrastructure spans over 270 km of 33kV lines, 13 switching gantries, and 2,372 km of low-voltage extensions.
The projects connect 35,000+ households and improve reliability for 493,000+ consumers; integrates renewables to reduce losses.
The projects’ notable components include: Mahiyangana-Bibila Line: 36 km with 147 steel towers and Kappalthurei-Sixth Mile Post Line: 14 km with 58 towers.
Ceylon Energy Chairman Madushanka Fernando hailed it as a ‘new beginning of a brighter era’, emphasising the project’s role in uplifting rural communities and driving sustainable development.
The initiative underscores Sri Lanka’s commitment to inclusive, reliable energy and climate resilience.
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