Business
ComBank offers free Debit Cards to teens opening new ‘Dotcom’ Savings Accounts
Teenagers and pre-teens who open new Dotcom Teen Savings Accounts with the Commercial Bank of Ceylon will be offered a Debit Card free of charge until the end of August, the Bank announced.
The Near Field Communication (NFC) enabled Dotcom Debit Cards can be used by these teen savings account holders for point-of-sale (POS) transactions or to make online, contactless or QR-based payments through the ComBank Q+ Payment App, enjoying convenience and safety when managing their own finances and experiencing financial freedom while keeping track of their banking transactions.
Dotcom account holders can opt to receive either a Visa or Mastercard branded Debit Card when they open an account within the promotion period. While the daily Debit Card withdrawal limit is set at Rs 10,000 for those between the ages of 10 and 16, the limit for older account holders up to the age of 18 is Rs 20,000, the Bank said in aa press release.
Launched to promote the savings habit and financial discipline among the teens, the ComBank Dotcom Account can be opened with a minimum deposit of Rs 1,000. The account pays a higher interest rate over the prevailing savings rate and enables account holders to enjoy Online Banking and Mobile Banking facilities free of charge and even a mobile reload facility, it said.
Parents or legal guardians of Dotcom Account holders are entitled to obtain loan facilities for the educational purposes of the teenager. Any Sri Lankan between 10 and 18 years can open a Commercial Bank Dotcom Teen Account, it added.
Commercial Bank Credit and Debit Cards offer year-round promotions covering a wide variety of services. The Bank was also a pioneer in extending promotional discount offers which were traditionally only offered for Credit Cards to its Debit Cards.
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.
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.”
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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