Business
Visa celebrates Sinhala & Tamil New Year with special rewards for Sri Lankan Visa cardholders

Visa (NYSE: V), the global leader in digital payments, has announced a special campaign to celebrate Sinhala & Tamil New Year in a more festive manner during this season with a series of offers for their cardholders in Sri Lanka.
The new festive season campaign by Visa will elevate the consumer experience while reinforcing the security and convenience inherent to digital payments. Consumers can now simply tap their Visa cards to pay for their festive purchases and avail offers and discounts at a slew of leading merchant stores across Sri Lanka.
Avanthi Colombage, Country Manager – Sri Lanka and Maldives, Visa said, “As we welcome the Sinhala & Tamil New Year, we are delighted to provide more rewarding, seamless shopping experiences for millions of Visa cardholders in Sri Lanka. Through our extensive network of merchant partners and great offers across retail, dining, hospitality and lifestyle, we aim to deliver the best value for festive purchases. With our country’s rich culture and traditions, this is Visa’s way of celebrating with our cardholders, while ensuring convenience and security whenever and wherever they pay.”
The Sinhala & Tamil New Year is a time of high spends, characterized by increased consumer activity and festivities, and driving purchases in categories such as Dining, Travel and Lifestyle. Capturing this seasonal momentum and festive spirit, Visa is extending a portfolio of promotional offers designed to deliver additional value to Visa cardholders on their purchase during this period, when they tap their credit or debit cards to pay.
Some of the leading national and international merchants where shoppers can avail offers are:
Dining: Chinese Dragon, The Mango Tree, Skrumptious, Arabian Vibes, Mitsi’s Delicacies
Travel: Qatar Airways, Agoda,Visa Luxury Hotel Collection
Lifestyle: Glomark, Stripes & Checks, Spring & Summer, Prasad Fashion, Scope Cinemas
Visa continues to deliver exceptional consumer value with convenient, secure, and rewarding payment experiences. Simultaneously, it drives digital acceptance in the merchant ecosystem through increased card-based transactions.
The initiative also aligns with Visa’s broader mission to accelerate digital transformation in Sri Lanka, promoting financial inclusion and enabling merchants to benefit from increased consumer engagement and purchasing power.
Business
CBSL presents Financial Statements and Operations Report 2024 to President

The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, officially handed over the Financial Statements and Operations Report 2024 of the Central Bank of Sri Lanka to President Anura Kumara Disanayake at the Presidential Secretariat on Tuesday (29).
A copy of the report was also presented to Secretary to the President Dr. Nandika Sanath Kumanayake.
Several senior officials from the Central Bank were present at the occasion.
Business
HNB Investment Bank promotes Hayleys’ Rs. 7 billion debenture issue as Joint Placement Agent

Hayleys PLC, one of Sri Lanka’s foremost diversified conglomerates, has announced its plans to raise up to Rs. 7 billion through a debenture issue, marking one of the largest corporate debt offerings scheduled for Q2 2025. This strategic initiative has received in-principle approval from the Colombo Stock Exchange.
At the core of this transaction, HNB Investment Bank (HNBIB) plays a leading role as Joint Placement Agent to the issue, alongside Commercial Bank of Ceylon PLC. Renowned for its bespoke financial solutions and strong track record in capital market transactions, HNBIB’s involvement is pivotal to the success of this offering, reaffirming its expertise in structuring and placing sophisticated debt instruments, most recently demonstrated by way of being the exclusive manager for the country’s first-ever high-yield bond issuance earlier this year.
Hayleys’ initial tranche will offer 50 million listed, rated, unsecured, senior, redeemable five-year debentures priced at Rs. 100 each, aiming to raise Rs. 5 billion. In the event of oversubscription, the company retains the flexibility to issue an additional 20 million debentures, increasing the total potential value to Rs. 7 billion. The funds raised are intended to further optimize Hayleys’ capital structure, underlining the company’s forward-looking financial strategy.
The subscription list for the debentures will officially open on 5th May 2025.
Backed by a strong AAA (Lka) rating from Fitch Ratings Lanka Limited and senior status, the securities offer a compelling investment opportunity, combining stability with the potential for attractive returns.
As Hayleys PLC gears up for this significant fundraising exercise, the selection of HNB Investment Bank as a trusted partner, reinforces confidence in the success of the offering, once again highlighting its role in delivering value for issuers and investors alike.
Business
Thai Airways celebrates first anniversary of resuming flights to Sri Lanka on sound note

Thai Airways celebrated the one-year anniversary of its resumed operations in Sri Lanka with a series of activities recently. This initiative, which aligns with the airline’s commitment to corporate social responsibility, was successfully held at TRACE City, Colombo 10, on April 4, 2025.
The celebrations culminated with a successful blood donation campaign which involved the community at large.
The campaign underscored Thai Airways’ dedication to the local Sri Lankan community and strengthened the historical and cultural ties between Thailand and Sri Lanka. Blood donation is considered a highly meritorious act in Buddhism, a faith deeply ingrained in both nations. This initiative reflected the shared values of compassion and generosity practised by people in Thailand and Sri Lanka alike.
Since resuming flights between Colombo and Bangkok on March 31, 2024, after a four-year Hiatus, Thai Airways has continuously aimed to enhance its presence in Sri Lanka beyond aviation services. The airline’s Royal Silk Business Class, introduced on March 2, 2025, has elevated the flying experience for passengers traveling between the two countries. With daily flights, passengers benefit from seamless connections to over 60 destinations across Asia, Australasia, the Middle East, Scandinavia, and Europe.
“It’s a great pleasure to be here today as the Sri Lankan Thai Airways team celebrates the first- year anniversary of resuming daily flights between Bangkok and Colombo. This milestone signifies the strong and enduring friendship between Thailand and Sri Lanka. We are thankful to the management of Thai Airways International for establishing this crucial air link. Our partnership has been invaluable. We are deeply honored to have with us today Ms. Prangthip Kongridhisuksakorn, the counsellor of the Royal Thai embassy.
‘Your presence underscores the importance of this occasion and the bond between our nations. Also extending our sincere gratitude to all our partner travel agents for their continued support. Adding to this exciting year, we were thrilled to open Business Class seats offering enhanced comfort and service to our passengers. And thank you once again to our Royal Thai embassy, Thai Airline personnel, travel agents and our dedicated staff for being a crucial part of our success. And thank you all for participating in this meaningful blood donation campaign. Your contribution today embodies the spirit of giving and strengthens the ties between our communities, said Andre Fernando, Managing Director, MAC Holdings Private Limited.
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