Business
Samsung Sri Lanka announces launch of Galaxy Z Fold3 5G and Galaxy Z Flip3 5G

Third generation of foldable smartphones
Samsung, Sri Lanka yesterday announced that pre-ordering for its most powerful and premium foldable smartphones – Galaxy Z Fold3 5G and Galaxy Z Flip3 5G would start from September 16th. The third generation of Samsung’s category-defining foldable devices are more durable and come with an array of more optimized foldable experiences allowing consumers to unfold newer experiences. From the iconic design to the immersive large screen experience, Galaxy Z Fold3 and Galaxy Z Flip3 offer users unique new ways to work, watch, and play.
Consumers who are seeking the ultimate device for productivity and immersive entertainment will love Galaxy Z Fold3, a true multitasking powerhouse with next level performance. Thanks to the world’s first under-display camera on a foldable device, it provides an uninterrupted 7.6-inch Infinity Flex Display along with the first ever S Pen support on a foldable device. Galaxy Z Flip3 will appeal to those who want style and function – with its sleek and compact design. It comes with enhanced camera features, and a larger Cover Screen for quick use on the go.
“At Samsung, we believe in creating open ecosystems that accelerate innovation and allow more and more people to create their own experiences. Over the last year, our reliance on technology has grown more than ever before and now, as we reshape our lives, it is critical that we reshape the technology that we use every day. With many firsts like the first under-display camera and S-Pen on a foldable, as well as IP rated water resistance, the devices are the perfect combination of cutting-edge technology and unmatched style,” said Kevin SungSu YOU, Managing Director, Samsung Sri Lanka.
Galaxy Z Fold3 5G and Galaxy Z Flip3 5G are equipped with IPX8 water resistance and built with new Armor Aluminum—the strongest aluminum ever used on a Galaxy smartphone—along with the toughest Corning Gorilla Glass Victus to protect against scratches and accidental drops. Both devices come with a new protective film made of stretchable PET5 and optimized display panel layers resulting in a Main Screen that’s 80% more durable than previous devices. Galaxy Z Fold3 and Galaxy Z Flip3 are verified by Bureau Veritas to withstand folding 200,000 times. They are equipped with the latest powerful 5nm processor and 5G band compatibility for the best experience inside and out.
Galaxy Z Fold3 5G comes with uninterrupted 7.6-inch Infinity Flex Display — with new under display camera technology. With the new Eco² display technology applied to the screen, the Z Fold3 is 29% brighter while consuming less energy.
Galaxy Z Flip3 5G comes with a redesigned Cover Screen that is four times larger and makes it easier to view notifications and messages without having to open the phone. Add bold colours, a sleek design and premium features, and the Z Flip3 becomes a
Consumers pre-ordering Galaxy Fold3 5G will be eligible to receive a free UV Sterilizer (worth Rs.9,999), Wireless Charger Trio (worth Rs.17,999), Smart Keyboard Trio (worth Rs.8,999) and Galaxy SmartTag (worth Rs.5,599). On pre-ordering Galaxy Z Flip3 5G, they will be eligible to receive a free UV Sterilizer (worth Rs.9,999), Wireless Charger Duo (worth Rs.9,199) and Galaxy SmartTag (worth Rs.5,599).
Business
Yamaha roars back into Sri Lanka with stylish relaunch and ‘Built to Ride ‘campaign

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.
Business
Pelwatte Dairy launches landmark pension scheme for Sri Lankan dairy farmers

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.”
Business
CEEDECS wins Best National Industry Brand award

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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