Business
Mobitel unveils Apple Watch Series 6 and SE devices
Mobitel, Sri Lanka’s National Mobile Service Provider and the authorized reseller for Apple devices such as iPhones, iPads and Apple Watches unveiled the highly-anticipated, newly-launched Apple Watch Series 6 (GPS version) and Apple Watch SE (GPS version) in Sri Lanka recently. This latest product launch further consolidates Mobitel’s position as the preferred and most trusted partner for Apple devices in Sri Lanka.
The Apple Watch Series 6 System in Package (SiP) is up to 20% faster than the Series 5. The Always-On Retina display of the Series 6 is 2.5x brighter outdoors when the wrist is down. Both models allow syncing of favorite music, podcasts, and audiobooks while the GPS model lets the user take calls and reply to texts from the wrist. Users can track daily activity on and see trends in the Fitness app on iPhone while measuring workouts like running, walking, cycling, yoga, swimming, and dance.
They allow checking of the heart rate any time via the Heart Rate app and provide notifications for high and low heart rate. WatchOS 7 provides sleep tracking, cycling directions, and new customizable watch faces. Both models come with a swim proof design, built-in compass and real-time elevation readings. They also offer a unique feature which detects if the user has taken a hard fall, and automatically call emergency services. Both watches require an iPhone 6s or later with iOS 14 or later and come in the most colorful lineup yet, including captivating colours such as Silver Aluminum, Gold Aluminum, Space Gray Aluminum, Red Aluminum and Blue Aluminum.
The Apple Watch Series 6 and SE can be purchased online via Mobitel.lk and in store at the Mobitel X Station Branch on Duplication Road through special credit card offers including Union Bank (3, 6 and 12 months 0% plan), AMEX (up to 20 months 0% instalment plan) and Commercial Bank (6, 12, 18 and 24 months 0% plans). Prices start from LKR 76,990 /- upwards and with Credit card monthly instalment rates starting from LKR 3,850 /- Upwards. All Apple products purchased from Mobitel are assured of genuine warranty with after sales and customer care services.
Mobitel customers have always had the opportunity to experience the latest technology of Apple devices coupled with Mobitel’s network quality, offering seamless connection to elevate their lifestyle. Mobitel leads the mobile telephony sector in Sri Lanka in terms of network quality and high speed broadband. The company was awarded as the as the No. 1 mobile service provider to offer ultra-fast broadband connectivity in Sri Lanka by Ookla, the global leader in internet and mobile broadband speed testing. In 2018, Mobitel launched the First Commercial 4.5G/4G+ Mobile Network in South Asia. In April 2019, Mobitel was the first network in South Asia to successfully showcase the first 5G deployment over a Mobile Network by connecting a commercial Mobile smartphone to its 5G network. In addition, Mobitel’s advanced 4G LTE technology enables users to enjoy superior experience of enjoying high definition streaming videos and Multimedia Online Gaming (MMOG), making it the best mobile service partner for maximizing the exciting features in all Apple devices.
Business
‘Green Chilies’ returns after seven years to reignite Sri Lanka’s advertising industry spirit
After a seven-year hiatus, one of Sri Lanka’s most loved advertising industry gatherings is making a much-anticipated return. Green Chilies 2026, the iconic festival that once defined the fun, camaraderie and creative spirit of Sri Lanka’s advertising fraternity, returns on 4th June 2026 at Rise Up, Colombo 03, bringing together professionals from across agencies, media, digital, production and marketing for an evening of celebration, entertainment, and industry camaraderie.
Originally launched in 2011, Green Chilies was conceived as a platform to celebrate Sri Lanka’s Young Lions winners as they embarked on their journey to represent the country at the prestigious Cannes Lions International Festival of Creativity, while also creating a unique opportunity for the industry to come together outside boardrooms and deadlines.
This year’s revival comes at an especially meaningful time, as an entire new generation of industry professionals have entered the business without ever experiencing the culture and energy that made Green Chilies such a defining event. Some key highlights will be the recognition of the winners of the young Lions competition and the much-loved return of The Agency Idol, the wildly entertaining competition where agencies battle it out on stage in a spirited showcase of talent, humour, and creativity, bringing back one of the event’s most iconic traditions.
Speaking about the return of the festival, Ranil de Silva, Founder of Green Chilies and of Metal Factor, said: “When we first launched Green Chilies, the idea was simple. It was to celebrate our Young Lions and create something that brought the industry together as one community. Over the years it became far more than an event, it became part of our industry culture. Seeing it return after seven years is very special, particularly because so many young professionals will now get to experience the spirit that made this industry such a fun and inspiring place to be.”
Green Chilies 2026 is organized by Metal Factor and supported by the 4A’s Sri Lanka.
Event Details:
Venue: Rise Up, Alwis Place, Colombo 03
Date: Thursday, 4th June 2026
Time: From 6.30 PM onwards
Contact : Shelley +94 77 342 3123
Business
JKH posts 75% EBITDA growth to Rs.80.01 billion as recent investments begin to contribute
John Keells Holdings PLC (JKH) reported a strong financial performance for FY2025/26, with Group EBITDA increasing 75% to Rs.80.01 billion, reflecting the contribution of investments made over the past several years and the continued performance of the Group’s established businesses.
Group recurring EBITDA increased 71% to Rs.78.05 billion, compared to Rs.45.69 billion in the previous year, driven primarily by Retail, Transportation and Leisure. Recurring profit before tax rose 143% to Rs.35.72 billion, while recurring profit attributable to equity holders of the parent increased 155% to Rs.13.24 billion.
The year also marked the culmination of the largest investment phase in the Group’s history, with the operationalisation of key investments signalling a shift in the capital cycle from development to contribution. Overall funding requirements reduced materially in line with expectations, while net debt to EBITDA stood at approximately 2 times and net debt to equity at approximately 31%.
City of Dreams Sri Lanka recorded positive EBITDA for the full year, following the completion and launch of the remaining components of the integrated resort. Cinnamon Life’s conference and event spaces attracted interest from local and international organisers, while casino operations showed an encouraging pick-up from the fourth quarter onwards.
Colombo West International Terminal, the project company of WCT-1, recorded strong throughput growth during the year, supported by an improving volume mix. The business delivered a positive profit after tax ahead of expectations, despite recognising depreciation relating to phase 1, and has reached full utilisation of phase 1 capacity based on its latest monthly run-rate.
John Keells CG Auto recorded an exceptional year, supported in part by pent-up demand and the brand positioning and vehicle range of BYD.
The Supermarket business recorded approximately 14% growth in same store sales, driven primarily by a 14.3% increase in footfall. The Beverages and Confectionery businesses recorded strong volume growth, with Beverages benefiting from higher margins, while Confectionery margins were impacted by higher raw material costs and expenses linked to new product introductions.
Business
RCSS receives Chatham House Senior Research Fellow for discussion on South Asian Regionalism
Dr. Chietigj Bajpaee, Senior Research Fellow for South Asia, Asia-Pacific Programme at Chatham House, visited the Regional Centre for Strategic Studies on 26 May 2026 and met with the ED/RCSS, Ambassador (Retd.) Ravinatha Aryasinha, and researchers at the Centre. The discussion focused on Regionalism in South Asia and evolving geopolitical developments in the region.
Ambassador Aryasinha detailed the recent and ongoing initiatives undertaken by the RCSS and its wide Alumni Network spread throughout the region in strengthening South Asian solidarity. Dr. Bajpaee impressed on the need to consider alternative forms of regional cooperation in South Asia given the absence of India–Pakistan normalization, resulting in the stagnation of SAARC and the growing pull towards external regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP). The two parties explored possibilities beyond state-led regionalism, including stronger networks among civil society, think tanks, diaspora groups, and business communities, as well as thematic “mini-lateral” cooperation on issues such as climate adaptation and maritime governance.
Ms. Chamika Wijesuriya, Ms. Thedini Herath, and Shayan Peris, Research/Programme Officers at RCSS, were associated with the discussion.
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