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Bank of Ceylon welcomes 2025 with religious ceremonies

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The moment BOC General Manager/CEO Russel Fonseka presents the ‘The Best SME Service Provider,’ award to BOC Chairman Kavinda de Zoysa

The Bank of Ceylon (BOC), Sri Lanka’s premier financial institution, commenced 2025 with a significant accolade, being named ‘Bank of the Year – Sri Lanka 2024’ by The Banker Magazine UK. The award was officially celebrated on January 1 at the bank’s head office with Chairman Kavinda de Zoysa and General Manager/CEO Russel Fonseka presiding over the event.

The ceremony featured multi-religious blessings and the presentation of the prestigious award to Chairman de Zoysa. Additionally, BOC received the Best SME Service Provider title at the People’s Excellency Awards 2024, reflecting its dedication to supporting small and medium enterprises.

The event also marked the launch of the Ranliya Loan Scheme for women entrepreneurs and the relaunch of the BOC Youth Loan Scheme for young entrepreneurs, underscoring BOC’s commitment to inclusive, digitally driven banking.

As Sri Lanka’s No. 1 banking brand, BOC has earned international acclaim, being the only Sri Lankan bank listed among the Top 1000 World Banks 2024. With an extensive network and global presence, BOC continues to connect Sri Lankans to global opportunities while championing sustainability and innovation in financial services.



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Four dead 32 injured in head on collision at Weerawila

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(Pic PRIYAN DE SILVA)

Four persons including a Budhist monk died and 32 others were injured when two SLTB buses collided  head  on at Weerawila at arond 12 noon today (18).

Three of the deceased were women. 22 of the injured were admitted to the Hambanthota  Hospital while 10 others have been admitted to the Debarawewa hospital.

 

 

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JMSDF ship OONAMI concludes goodwill visit

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The Japan Maritime Self-Defence Force (JMSDF) ship OONAMI which  arrived at the port of Colombo on a goodwill and replenishment visit on 09 Mar 26 departed  on 11 March.

The departing ship was given  a  formal farewell from the Sri Lanka Navy, in keeping with naval traditions at the Port of Colombo.

The 150.5m long JMSDF OONAMI is commanded by Commander IIO Hiromasa.

During the stay in the island, crew members of the ship explored some tourist attractions in Colombo. The itinerary also included a coastal clean-up drive participated by naval personnel of both countries and engagements with the Sri Lanka Navy, designed to strengthen the bonds of friendship and cooperation.

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Cabinet nod to amend Central Cultural Fund Act No. 57 of 1980

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The Central Cultural Fund established under the provisions of the Central Cultural Fund Act No. 57 of 1980 is responsible for development of cultural and religious monuments in Sri Lanka, settling the expenditure borne for development, renovation and conservation of local and foreign cultural monuments, awarding financial donations for artisans as well as awarding those who served the nation in the fields of culture and religious sectors.

The said act has been passed in  Parliament 45 years back and, the requirement to revise the provisions of the act according to the contemporary requirements haa been recognized.

Accordingly, the Cabinet of Ministers granted their policy
approval to amend the said act, considering the resolution furnished by the Minister of Buddhasashana, Religious and Cultural Affairs.

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