Author: LBO
Sampath Bank Launches Google Pay, Expanding Sri Lanka’s Access to Global Contactless Payments
Sampath Bank PLC has introduced Google Pay for all Mastercard and Visa Credit and Debit Cardholders, marking a significant advancement on how customers in Sri Lanka access digital payment solutions. This initiative brings fast, secure, and globally accepted tap-to-pay functionality to Android devices, catering to the increasing demand for mobile-first solutions. Mobile wallets are reshaping […]
CFA Society Sri Lanka Celebrates New Charterholders at the Charter Awards Ceremony & Oration 2026
New CFA Charterholders with the Chief Guest and officials of CFA Society Sri Lanka CFA Society Sri Lanka (CFASSL) hosted its annual Charter Awards Ceremony & Oration 2026 recently at the Union Ballroom, Hilton Colombo Residences. The event celebrated the achievements of 27 new CFA charterholders, along with candidates who successfully completed all three levels […]
Ceylon Chamber discussion puts energy security at the centre of Sri Lanka’s growth agenda
The Ceylon Chamber of Commerce brought together policymakers, industry players, academics and other stakeholders last week for a discussion on Sri Lanka’s energy transition, framing the shift to cleaner power as much a matter of economic strategy as environmental necessity. The event, titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets,” comes as […]
GovTech Sri Lanka appoints Shevan Goonetilleke as CEO
GovTech Sri Lanka (Pvt) Ltd has announced the appointment of Shevan Goonetilleke as its Chief Executive Officer, effective 19 August 2026. His appointment marks the next phase of execution in delivering Sri Lanka’s national digital transformation agenda. GovTech Sri Lanka (Pvt) Ltd is the Government of Sri Lanka’s lead implementation agency for national digital transformation. […]
EDB and Import Promotion Desk (IPD), Germany Sign MoU to Strengthen Export Cooperation for Sri Lankan Exporters
The Sri Lanka Export Development Board (EDB) and the Import Promotion Desk (IPD), Germany, signed a Memorandum of Understanding (MoU), reaffirming their long-standing partnership to strengthen export development and enhance market access for Sri Lankan Export Oriented SMEs. The MoU was signed in the presence of Dr. Julia Bellinghausen, Head of IPD, together with Mr. […]
Central Bank releases names of 25 pyramid schemes
The Central Bank of Sri Lanka (CBSL) has issued an official warning to the general public, identifying 25 companies and mobile applications that have been found operating as prohibited pyramid schemes. Following investigations conducted under Section 83 (C) of the Banking Act, No. 30 of 1988, the CBSL determined that “Infinity Rover (Pvt) Ltd” and […]
UN Subcommittee on Prevention of Torture Concludes Second Visit to Sri Lanka
The United Nations Subcommittee on Prevention of Torture (SPT) concluded its second visit to Sri Lanka on 24 June 2026. The visit took place from 15 to 24 June 2026. During the visit, the four-member delegation of the SPT met the Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, and the Minister of […]
Sri Lankan drone startup Scouts closes investment round at LKR 1.6Bn valuation, gearing up to take on regional intelligent robotics market
Scouts, Sri Lanka’s pioneering intelligent drone and robotics company, has closed a funding round at a valuation of LKR 1.6 billion. In a market that has historically exported its engineering talent rather than retaining it, the round represents something more than a financing milestone. The company offers an economically viable solution for security, from small […]
Colombo Dockyard charts new course under Indian ownership as MDL partnership opens doors to regional maritime growth
Colombo Dockyard PLC (CDPLC) successfully concluded its 43rd Annual General Meeting (AGM) on 25 June 2026, marking its first AGM following the acquisition of a majority stake by Mazagon Dock Shipbuilders Limited (MDL), India. The Company said the new strategic alignment with MDL is expected to unlock fresh growth avenues, enhance technical capabilities, and strengthen […]
Rangita De Silva De Alwis Re-elected to the Committee on the Elimination of All Forms of Discrimination Against Women
Sri Lanka’s candidate Professor Rangita De Silva De Alwis was re-elected to the UN Committee on the Elimination of All Forms of Discrimination Against Women (CEDAW) for a second consecutive term, 2027-2030, at the elections conducted during the 24th Meeting of the State Parties to the CEDAW Convention at the United Nations in New York on […]
Sampath Bank Launches Sri Lanka’s First Real-Time USD Payment Solution for Sri Lanka Ports Authority Users
Sampath Bank PLC and the Sri Lanka Ports Authority (SLPA) have jointly launched Sri Lanka’s first real-time USD payment solution for the maritime industry, eliminating traditional manual payment processes and streamlining foreign currency transactions across the country’s shipping and logistics ecosystem. The initiative marks another industry-first innovation from Sampath Bank and a significant step forward […]
CSE Expands Footprint with New Gampaha Branch
The Colombo Stock Exchange (CSE) officially opened its Gampaha Branch to the public this Tuesday (23rd June), further strengthening its countrywide presence. The inauguration of the branch was officiated by the Chairman of the Securities and Exchange Commission (SEC) Senior Professor D.B.P.H Dissabandara, Director of the CSE Mr. Sujeewa Peiris, and CEO Mr. Rajeeva Bandaranaike, […]