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Bank of Ceylon collaborates with CBSL to promote ‘Lanka Remit’ national remittance mobile app

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Bank of Ceylon collaborates with CBSL to promote ‘Lanka Remit’ national remittance mobile app

In line with the Central Bank of Sri Lanka’s (CBSL) initiative to encourage inward remittances to the country, Bank of Ceylon joined the initiative to promote the “Lanka Remit” mobile app that was developed by Lanka Clear Ltd.

In appreciation of the Bank’s prompt response, the Bank of Ceylon was presented with a special plaque by the Chief Guest, Minister of Youth and Sports, Minister of Development Co-ordination and Monitoring and State Minister of Digital Technology and Enterprise Development Namal Rajapaksa and CBSL Governor Ajith Nivard Cabraal at the inaugurating ceremony held at the Central Bank. The Bank’s General Manager Mr.K.E.D. Sumanasiri accepted the token of appreciation on behalf of the Bank of Ceylon.

Being the country’s prime Bank, and the leader Inward Remittances, BOC believes it can add value to this initiative through its operational capacity and the ability to reach larger number of customers, from all-walks-of-life, who would be benefitted from this timely initiative.



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Yamaha roars back into Sri Lanka with stylish relaunch and ‘Built to Ride ‘campaign

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Associated Motorways (AMW), Yamaha’s exclusive Sri Lankan distributor for over 75 years, celebrated the brand’s grand return after a five-year hiatus due to import restrictions. Marking the occasion, AMW hosted a groundbreaking fashion-themed launch event on 14th June 2025 at Cinnamon Lakeside Colombo, unveiling a new lineup of fuel-efficient motorcycles and scooters, including the standout Yamaha RayZR 125 (71km/l).

Beyond specs, Yamaha’s “Built to Ride” campaign highlights the passion and resilience of Sri Lankan riders, focusing on emotion over mechanics. Andre Bonthuys, AMW’s Group Managing Director, emphasized Yamaha’s commitment to redefining the riding experience. Backed by AMW’s service excellence and global “Kando” philosophy, Yamaha’s return promises to revitalize Sri Lanka’s two-wheeler market with performance, innovation, and style.

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Pelwatte Dairy launches landmark pension scheme for Sri Lankan dairy farmers

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In a historic move that redefines rural financial security, Pelwatte Dairy Industries has announced the launch of Sri Lanka’s first pension scheme for dairy farmers, reinforcing its commitment to both national self-sufficiency and the welfare of the farming community.

Pelwatte Dairy, one of Sri Lanka’s foremost homegrown dairy brands, has long been a pillar in the push to replace imported dairy with locally produced milk, saving the nation billions in foreign exchange. Milk powder production is expected to increase by 80% upon completion of the new Kurunegala processing facility, supporting local demand and opening up new export opportunities.

This landmark pension initiative will benefit over 30,000 registered dairy farmers working with Pelwatte. Designed to offer financial stability post-retirement, the scheme ensures these vital contributors to Sri Lanka’s food security can live out their later years with dignity and peace of mind. Additional benefits will support health, education, and safety for the farmers’ families setting a new standard for agricultural welfare in the region.

“This is a defining milestone not just for Pelwatte, but for the entire Sri Lankan dairy sector,” said Ariyasheela Wickramanayake, Chairman of Pelwatte Dairy. “It is our corporate responsibility to safeguard those who work tirelessly to feed the nation.”

Akmal Wickramanayake, Managing Director, added: “We see this as more than a welfare initiative. It’s an investment in rural development, sustainable agriculture, and national economic resilience.”

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CEEDECS wins Best National Industry Brand award

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Managing Director Janaka Mahanama

CEEDECS Lanka Holdings Pvt. Ltd., a leading Sri Lankan construction firm, has been honored with the Best National Industry Brand Award in the Mining and Allied Industry Sector (Medium Scale) at the National Industry Brand Excellence Awards, organized by the Industrial Development Board. The award recognizes their eco-friendly brand, Harithaweli Ready Mix, which offers sustainable alternatives to traditional sand-based construction materials.

Founded in 1999 and based in Mahara, Kadawatha, CEEDECS has over 20 years of expertise in construction, consultancy, and design. Harithaweli’s products—including Ready-Mix Plaster, Waterproof Solutions, and Tile Adhesives—are durable, affordable, and environmentally friendly, gaining popularity among builders and contractors.

With 21 showrooms nationwide and multiple quality certifications, CEEDECS continues to expand its reach.

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