Business

Samsung’s focus for CES 2022

Published

4 years ago

2021/12/30

Innovating for a new era

With CES 2022 just two short weeks away, Samsung is greatly honoured to be hosting their pre-show keynote, held under the theme ‘Together for Tomorrow’.

“Since the last time we connected at CES in person, we’ve all undergone a period of significant change. We’ve had to re-examine our relationship with the world around us and re-prioritize the things we care about most. We have found greater value in “togetherness,” being closer with our family and friends,” said JH Han, CEO and Head of DX (Device eXperience) Division, Samsung Electronics.

In this new era, Samsung has found that innovation can no longer be a “one-size-fits-all” approach. Customized devices and personalized spaces are more important now than ever. So are the connections and experiences our technologies enable. Our experience at home has become so much more important, and technologies are no longer just helpful tools but true lifelines to our family, friends and hobbies.

This reality has strengthened Samsung’s commitment to creating new and meaningful experiences for their customers. It has led them to explore better ways to bring their devices more closely together, for improved connectivity and customization. At Samsung, they believe your devices should reflect your lifestyle, your passions and your personal tastes, from the smartphones in your hand to your appliances and screens. And by working together seamlessly, they should make your life easier, so you can do more of the things you love.

This is why earlier this month Samsung announced a major change in our organization, one aimed at strengthening synergies between different products and services. Under this new structure, all of Samsung’s consumer electronics, from TVs and home appliances to mobile devices, will come under one larger roof, coherent with our vision to create meaningful experiences through innovation.

And of course, Samsung’s vision for the future is not just about connecting devices. Re-connecting with the planet and leaving a positive impact, is an integral part of their plan. As the world leader in consumer electronics, Samsung has a responsibility to protect the environment and build a better future. Our innovation leadership needs to be matched with our leadership in “sustainable innovation” as well.

As a starter, Samsung plans to share a glimpse of the direction they are taking at the upcoming CES 2022.

Samsung’s culture of innovation is rooted in pushing limits and breaking barriers. Now, Samsung is innovating for a new age, where technologies are flexible and adaptable to you. At CES, you will see their latest innovations and experiences – including products that give you the freedom to watch TV from anywhere and turn any space into a landscape or a piece of art. The gaming experience will become even simpler, more immersive and hassle-free. And because everyone has their own unique personal taste and lifestyle, Samsung wants to empower you to customize your devices based on what matters to you most. A new, customizable future of personal technologies is here, and I am excited to show you how it comes to life across our home appliances, mobile devices and screens everywhere.

Samsung envisions a world where technology is customized to every consumer’s lifestyle and needs, and one way to achieve this is through seamless connectivity. At CES, Samsung will share more about their collaboration with industry experts and partners to create a truly enhanced connected experience. Because at Samsung, they believe a secure and open ecosystem is what provides the best experience for their customers, offering you the freedom to design experiences that best suit your unique lifestyle. In addition, Samsung will also introduce a new solution that helps you better integrate all your smart home devices.

This is also an important moment for our planet. Protecting it is everyone’s job. At Samsung, they are infusing sustainability into everything we do, from the chips that power their products to the consumer experience on the devices themselves. At CES, they will share more about how they are making meaningful updates in their innovation process that enable you, their consumers, to make these changes, too in your everyday lives. Plus, Samsung will share new ways we are working with partners for unique sustainability solutions.

It’s time to evolve Samsung’s products and experiences to better fit the needs of a new generation of users. As they champion an ecosystem of inclusive and connected technology, Samsung looks forward to sharing how they have been inspired by the people, values and lifestyles that create their global community, and how they can continue to support them through people-first programs and innovation.

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Business

ComBank offers exclusive financial solutions to the ‘Guardians of the Skies’

Published

10 mins ago

2026/06/5

Thilina Walpola

Hasrath Munasinghe, Chief Operating Officer of Commercial Bank and Air Vice Marshal Rajinth Jayawardena, Director General Welfare of the SLAF exchange the agreement in the presence of representatives of the two organisations.

Reinforcing its commitment to those who serve the nation, the Commercial Bank of Ceylon has entered into a Memorandum of Understanding with the Sri Lanka Air Force (SLAF) to introduce a comprehensive suite of concessionary financial facilities for its officers and other ranks.

The partnership, unveiled in a year that marks the 75th anniversary of the Air Force, which was founded in March 1951 as the Royal Ceylon Air Force, reflects a shared recognition of the critical role played by the SLAF as the steadfast ‘Guardians of the skies,’ entrusted with safeguarding the country’s security and sovereignty.

Under the terms of the agreement, Commercial Bank will extend a range of specially tailored financial products to SLAF personnel, including personal loans, leasing facilities, housing loans and credit cards. These facilities will be offered at concessionary interest rates, alongside concessions on documentation charges, enabling Air Force personnel to access financial support on more favourable terms.

The Bank said the initiative is part of its continuing efforts to deliver best-in-class lending solutions that are both accessible and responsive to the diverse needs of its customers. By offering attractive and affordable repayment structures, the scheme is designed to empower SLAF officers and other ranks to meet their personal financial requirements with greater ease and flexibility.

A key feature of the programme is the ability for beneficiaries to align repayments with their income patterns, ensuring that the facilities remain practical and sustainable over the long term. This flexibility, combined with preferential pricing, is expected to make a meaningful difference to the financial wellbeing of Air Force personnel and their families.

Business

Treasury Bill rate hike compounds stock market volatility

Published

10 mins ago

2026/06/5

Thilina Walpola

The CSE was extremely volatile yesterday mainly due to external and internal negative factors.

‘The escalation of the war situation in West Asia and the proposed tariff hike on Sri Lanka’s exports to the US by the Trump administration are worsening Sri Lanka’s economic woes. Further, the government’s decision to increase the Treasury Bill rate has also created some uncertainty in the market, stock analysts said.

The All Share Price Index was up by 249.83 points, while the S and P SL20 rose by 67.61 points. Turnover stood at Rs 2.79 billion with 11 crossings.

Companies that mainly contributed to the turnover by way of crossings were: Chevron Lubricants 1.5 million shares crossed to the tune of Rs 294 million and its shares traded at Rs 196, TJ Lanka 2.9 million shares crossed for Rs 90.8 million; its shares traded at Rs 31, Citizens Development Business Finance 2.5 million shares crossed to the tune of Rs 80.2 million; its shares traded at Rs 32.50.

ACL Cables 634,248 shares crossed for Rs 60.9 million; its shares traded at Rs 96, CCS 438,000 shares crossed to the tune of Rs 57.4 million; its shares traded at Rs 131, Overseas Realties 991,500 shares crossed for Rs 49.6 million; its shares traded at Rs 50 and Access Engineering 653,000 shares crossed to the tune of Rs 49.3 million; its shares sold at Rs 75.50.

In the retail market companies that mainly contributed to the turnover were; Dialog Rs 133 million (3.2 million shares traded), Seylan Bank (Non-Voting) Rs 110 million (1.7 million shares traded), Colombo Dockyard Rs 96.8 million (751,548 shares traded), Ceylinco Holdings (Non-Voting) Rs 77.5 million (516,000 shares traded), Sampath Bank Rs 74.2 million (530,000 shares traded), JKH Rs 74 million (3.7 million shares traded) and LMF Rs 65 million (781,000 shares traded). During the day 123 million share volumes changed hands in 26272 transactions.

It is said that the manufacturing sector, especially Chevron Lubricants and several other firms performed well, while the banking and financial sector performed too.

Yesterday the rupee was quoted flat at Rs 334.50/335.50 to the US dollar in the spot market on, unchanged from the previous day’s close, dealers said, while bond yields were broadly steady.

The telegraphic transfer rate for Sri Lanka’s rupee against the US dollar was Rs 330.50 buying, Rs 339.50 selling; euro was Rs 381.1884 selling, Rs 395.1054 buying; and the pound Rs 442.6620 buying Rs 456.7076 selling.

A bond maturing on 01.08.2030 was quoted at 12.12/20 percent, down from 12.15.25 percent.

A bond maturing on 15.06.2034 was quoted at 13.12/20 percent, down from 13.15/25 percent.

A bond maturing on 15.03.2035 was quoted flat at 13.15/25 percent.

By Hiran H Senewiratne

Business

Preparing future-ready graduates in an AI-driven world

Published

10 mins ago

2026/06/5

Thilina Walpola

The rapid rise of Artificial Intelligence (AI) is reshaping the global world of work. As organisations move towards leaner, AI‑enabled teams, technology leaders such as Meta, Amazon and Oracle continue to reduce their workforces and redefine how work gets done.

The implications are significant. According to the Institute of Policy Studies, more than 22% of Sri Lanka’s workforce-approximately 1.83 million people-will be affected by generative AI. For fresh graduates seeking entry‑level opportunities, this shift may appear daunting. Yet, within this transformation lies opportunity.

At the Sri Lanka Institute of Information Technology (SLIIT), senior academics anticipated this change early. Curricula and course delivery have been designed to equip students with the skills needed to thrive in an AI‑augmented workplace. Professor Nuwan Kodagoda, Pro Vice Chancellor – Faculty of Computing and a specialist in generative AI, notes that preparation begins from orientation itself.