Business
Bank of Ceylon named ‘Bank of the Year – Sri Lanka’
The Bank of Ceylon, Sri Lanka’s premier financial services entity has been named ‘The Bank of the Year – Sri Lanka’ by the prestigious Banker magazine U.K., The announcement was made to all stakeholders and loyal customers at an event held at the commencement of the new year.
The award which comes on the heels of a volatile year for the financial services industry and the economy, recognises the Bank’s stellar –performance across key indicators and highlights BOC’s resilience and standing, both as a state bank and as ‘Bankers to the Nation’.
Bank of Ceylon was also listed among the Top 1,000 Banks in the world by the magazine for the 12th consecutive year, and is the only Sri Lankan bank to be listed for 2023.
Significantly, the Bank posted an aggregate growth in its balance sheet further highlighting customer confidence. The Bank’s sustained commitment to revolutionising banking and enhancing customer delight is also reflected in the results.
The General Manager Russel Fonseka commenting on this achievement said, “I am humbled and very grateful for this prestigious recognition and wish to thank all our customers and valued partners sincerely for the trust and faith they placed in BOC throughout these years. Our strategic goals are aligned with the global Sustainable Development Goals (SDGs) as we believe in contributing to our national priorities and the community. Our conscious choices reflects in the business model that has sustainability at its core, thus making a meaningful, positive impact on both society and the environment as a responsible corporate citizen”.
Sri Lankan fashion label Tropic Of Linen recently opened the doors to its second boutique, located at The Shoppes at City of Dreams.
For over a decade, linen has formed the core of the brand’s inspiration and business ethos. Its textures, movement, and natural irregularities carry through the striking interior of Tropic Of Linen’s newly opened second store. Large sculptural forms in wind-worn sandstone sit against softer curves, while a grand olive tree anchors the heart of the store, reaching up toward a skylight and giving life to the entire space.
Drawing on her background in fine art and design, co-founder Minha Akram envisioned a layered, sensory interior intended to draw people into the world of Tropic Of Linen and invite them to linger.
ANC Education held its 2026 graduation ceremony at BMICH, Colombo, celebrating graduates across multiple programmes. The cohort included 53 BBA graduates from Northwood University, 22 Psychological Sciences graduates from Northern Arizona University, 320 Pearson BTEC HND graduates, and 29 BTEC Level 7 graduates, alongside foundation, diploma, and transfer pathway students. Senior representatives from partner institutions attended.
Best Performer Awards recognised outstanding academic achievement. The event honoured years of hard work and support from families and educators. Since 2002, ANC has provided local and international pathways. Graduates now pursue careers, further studies, or international opportunities.
Global tech firm FLIR and local partner Marlbo Trading Company are stepping up efforts to help Sri Lankan industries shift from reactive repairs to predictive maintenance. At a recent seminar in Colombo, they showcased thermal and acoustic imaging as tools to detect electrical faults, mechanical wear, and compressed-air leaks before they escalate into costly breakdowns.
FLIR experts stressed that early detection improves energy efficiency, extends equipment life, and reduces unplanned downtime – key priorities as local plants face rising operational pressures. Acoustic imaging, in particular, was highlighted for quickly pinpointing invisible air leaks that waste energy.
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