Citizens Development Business Finance PLC (CDB) once again played a pivotal role in supporting Sri Lanka’s transition towards sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27 to 29 March at the BMICH – Sirimavo Bandaranaike Memorial Exhibition Hall.
The event attracted a strong turnout of electric vehicle (EV) enthusiasts, industry stakeholders, and technology innovators, who explored the latest electric and hybrid models, global automotive brands, and emerging mobility technologies. The high visitor engagement reflected growing public interest in sustainable transport solutions and reaffirmed the Motor EV Technology Show’s position as a leading platform for future-focused mobility in Sri Lanka.
CDB’s participation extended beyond sponsorship, with a dedicated team providing on-ground financial guidance throughout the exhibition. Visitors were offered tailored financing solutions designed to make modern vehicle ownership more accessible and affordable, particularly for electric and next-generation vehicles.
Deputy General Manager – Lending Asset Portfolio Sales at CDB, Lalith Peiris, noted that the collaboration aligns with the bank’s Net Zero initiative and broader commitment to sustainability. He emphasised that the strong visitor response reaffirmed CDB’s vision of empowering customers through financial solutions that support innovation and environmentally responsible mobility.
The Motor EV Technology Show 2026 was widely regarded as a success, further strengthening CDB’s position as a key enabler of sustainable finance and innovation in Sri Lanka’s automotive sector. Through its continued support for green mobility initiatives, CDB remains aligned with the country’s transition towards a more sustainable and technology-driven future.
Samsung Sri Lanka Celebrates Samsung Electronics’ 20-Year Global Leadership as World’s No.1 TV Brand
Samsung Electronics has been recognised as the world’s No.1 TV brand for the 20th consecutive year, marking a major global milestone that underscores its continued leadership in the television industry and its commitment to innovation, premium performance, and advanced display technologies.
According to market research firm Omdia, Samsung maintained its position as the global TV market leader in 2025 with a 29.1% share of the global television market based on revenue. The achievement reflects two decades of uninterrupted leadership since the company first secured the top position in 2006.
Samsung Sri Lanka noted that this global milestone is reflected in the same spirit of innovation and trusted performance that continues to define its product lineup in Sri Lanka, bringing advanced viewing experiences to households across the country.
Samsung’s dominance in the global TV industry has been driven by a series of landmark innovations that have reshaped consumer viewing experiences over the years.
The company first achieved the No.1 global position in 2006 with its design-led Bordeaux TV, which introduced a new aesthetic direction in home entertainment. This was followed by a rapid evolution of technologies, beginning with the acceleration of LED TV adoption in 2009, which delivered slimmer designs, improved energy efficiency, and enhanced picture quality.
In 2011, Samsung pioneered the Smart TV era, transforming televisions into connected entertainment hubs with access to streaming platforms, applications, and online content.
The company further expanded the role of televisions in home design with lifestyle-focused products such as The Serif in 2015, which redefined the TV as a design object, and The Frame in 2017, which introduced the Art TV concept, allowing users to display digital artwork when the TV is not in use.
On the technology front, Samsung continued to advance picture quality standards with the introduction of QLED technology in 2017, powered by quantum dots, delivering improved brightness, colour accuracy, and durability.
CDB Powers Success of Motor EV Technology Show 2026
