Business News

Chevron Lanka collaborates with Uber SL

Published

5 months ago

November 7, 2024

Exclusive benefits on Caltex-branded lubricants for earners
Products now available for order on Uber Eats app

November 5, 2024: Chevron Lubricants Lanka PLC (Chevron Lanka), the company that markets and distributes Caltex-branded lubricants, is pleased to announce its collaboration with Uber in Sri Lanka. Drivers using Uber for providing Rides and doing deliveries will now have access to Chevron Lanka’s wide range of premium lubricants, known for enhancing engine performance, extending vehicle life, and optimizing fuel efficiency at special prices. This will help them save on essential vehicle maintenance and benefit them with superior protection and performance on the road.

Uber Eats will now add the ‘car care’ category for the first time to strengthen its ‘Get Almost, Almost Anything’ promise. Sri Lankans will now be able to order premium lubricants from their favorite delivery platform with a few clicks.

Bertram Paul, Managing Director & CEO, Chevron Lubricants Lanka PLC, said “We’re thrilled to collaborate with Uber Sri Lanka, supporting drivers across both its verticals in the country with an exclusive value offering. We understand that maintaining a vehicle is critical for drivers, and our range of lubricants is designed to enhance engine life and performance. With this collaboration, we look forward to helping them experience a new level of efficiency and value.”

Varun Wijewardane, Country Manager, Uber Delivery – Sri Lanka, said, “Couriers and drivers are critical to the success of the Uber ecosystem. We’re continually exploring ways to enhance their platform experience and offer them tangible benefits. This collaboration with Chevron Lanka enables us to contribute to their success by helping reduce operating costs and improve vehicle reliability. At the same time, we’re adding to our on-app offerings and including yet another category on Uber Eats, enabling delivery of premium lubricants to our customers on demand.”

Drivers across Uber’s Mobility and Delivery businesses can get access to Chevron Lanka’s industry-leading products with special offers at any Caltex Authorized Dealer.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our traditional oil and gas business, lower the carbon intensity of our operations and grow new lower carbon business in renewable fuels, carbon capture and offsets, hydrogen and other emerging technologies. More information about Chevron is available at www.chevron.com.

Business News

Standard Chartered Bank to divest Wealth and Retail banking operations in Sri Lanka

Published

4 weeks ago

March 27, 2025

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Standard Chartered Bank (SCB) has decided to exit its wealth and retail banking (WRB) business in Sri Lanka as part of a broader strategy to streamline operations and focus on markets with greater scale and strategic importance.

SCB Sri Lanka recently informed its employees and customers of the decision, which is pending regulatory approval. Until the sale is finalized and migration to a new buyer is completed, the WRB division will continue to operate as usual.

Despite the divestment, SCB reaffirmed its long-term commitment to Sri Lanka, emphasizing its continued presence through its Corporate and Institutional Banking (CIB) business. The bank will maintain its role in connecting Sri Lanka to global markets and facilitating international investments.

Operating in Sri Lanka for over 130 years, SCB is one of the country’s oldest foreign banks, with a network of seven branches. Globally, the banking group has a presence in 53 key markets and serves clients in 64 more.

Source – AdaDerana

Business News

Esna Group Expands into Jewellery: Esna Jewellery Showroom Opens at One Galle Face

Published

4 weeks ago

March 26, 2025

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Esna Group, known for its innovative approach to business, has officially entered the luxury jewellery industry with the launch of Esna Jewellery. Spearheaded by Eshana De Silva, the brand has partnered with renowned jewellery designer Naufer Hassen to bring a new level of craftsmanship and elegance to the Sri Lankan market.

The first Esna Jewellery showroom has opened at One Galle Face, marking the brand’s entry into the premium retail space. This is just the beginning of an ambitious expansion plan, with new showrooms set to launch at Angel Beach Unawatuna next month, followed by Cinnamon Life Mall in August. The brand also has its sights set on international expansion, with a Dubai showroom planned for the near future.

Esna Group has a proven track record of transforming industries. The company made a significant impact in the travel sector with Esna Holidays and redefined Sri Lanka’s hospitality scene with Angel Beach Unawatuna, now a household name. With the launch of Esna Jewellery, the group continues its tradition of industry disruption, bringing innovation and excellence to the world of luxury jewellery.

The Esna Jewellery showroom at One Galle Face is now open, offering a curated collection of fine jewellery that blends timeless craftsmanship with contemporary design.

Business News

BOC records whopping Rs. 107 b pre-tax profit in 2024

Published

2 months ago

March 1, 2025

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Bank of Ceylon (BOC), being the No. 01 Bank in Sri Lanka and the country’s highest rated banking brand, achieved robust financial results in 2024, demonstrating both resilience and persistence. The Bank recorded significant growth in key financial metrics, including total assets, deposits, and profitability. This exceptional performance underscores BOC’s agility and adaptability in the face of volatile market conditions and numerous challenges.

The General Manager / Chief Executive Officer, Russel Fonseka emphasized, “Our robust financial results demonstrate our strength and stability in this challenging economic climate. Looking ahead, we are committed to expanding our services, pioneering digital banking solutions, and solidifying our leadership position in Sri Lanka’s banking sector.”