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BOC celebrates 84th anniversary, nurturing Sri Lankan economy

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BOC Chairman President's Counsel Ronald C. Perera and General Manager Russel Fonseka (3rd from left) felicitated some of the Bank's outstanding customers at its 84th Anniversary event held at BOC head office in Colombo yesterday. Roshana Waduge, Managing Director, Senaro Motor Company Pvt. Ltd., was one of the recipients of the accolades. Roshana was honoured at Commonwealth Business Excellence Award ceremony held in Singapore recently.

Pledges new SME loan scheme of Rs. 5 billion to be disbursed at 12.5% interest rate

Launches BOC ‘Flexi Investor’ account to introduce goals-based investment plan

The Bank of Ceylon (BOC) yesterday celebrated its 84th Anniversary at a ceremony held at the Bank’s Head Office in Colombo.

The event was held with the patronage of the Bank’s Chairman President’s Counsel Ronald C. Perera and General Manager Russel Fonseka.

BOC Chairman President’s Counsel Ronald C. Perera speaking at the event said,” British Governor Sir Andrew Caldecott when he inaugurated BOC on the 1″ of August 1939 had stated that BOC would become the top bank in Sri Lanka and his prediction has become a reality today. BOC is today the number 1 bank in Sri Lanka in terms of its asset base and customer service excellence,” he said.

“Today BOC is a thoroughly modern bank with technology forming the backbone of its operating infrastructure. With the domestic debt optimisation programme easing the pressures on the Bank, we will be able to bring the lending rates further down going forward to boost the economy,” he noted.

The Chairman and the General manager revealed that BOC is in the process of establishing a loan scheme amounting to Rs. 5 billion to be disbursed among SME exporters, viable startups and women-led businesses to take their businesses to the next level.

“A lot of businesses have put their expansion plans on hold due to the pandemic and the economic crisis, so the bank now wants to support them to reignite their plans and put them into action. Each eligible SME entity can receive up to Rs. 25 million through this fund,” they said.

In addition to that, BOC unveiled a novel banking product named “BOC Flexi Investor” account to commemorate its 84 th Anniversary.

“This novel savings account comes with special features that enables the eligible account holder to have a goal-based investment plan to achieve financial goals in the way he or she desires. Flexibility is designed to set their own investment plan based on the goal, tenure and the affordable deposit with a wide range of investment options with attractive interest rates. It also gives the option to open multiple investment plans simultaneously and there will be no penalty for missed deposits,” a BOC spokesman said.

“These novel concepts bank introduces are aimed at assisting customers comprehensively being more responsive to their dynamic needs. Having served the country for 84 years as the leading banking institution rendering an impeccable service to its customers and community, the Bank of Ceylon has further sharpened its capabilities to ready to strive for many years to come,” he said.



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Heritance Hotels and Resorts secures four wins at World Travel Awards 2026

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Heritance Hotels and Resorts has secured four distinguished titles at the World Travel Awards 2026, with three national awards recognising its Sri Lankan properties and an international title for Heritance Aarah in the Maldives.

The three Sri Lankan titles recognise Heritance Tea Factory as Sri Lanka’s Leading Heritage Hotel 2026, Heritance Ahungalla as Sri Lanka’s Leading Luxury Hotel 2026, and Heritance Kandalama as Sri Lanka’s Leading Wedding Hotel 2026. Heritance Aarah was named the Indian Ocean’s Leading All-Inclusive Resort 2026.

Internationally recognised within the global travel and tourism industry, the World Travel Awards celebrate excellence across hotels, resorts, and destinations. Recognition at this level affirms the quality, distinctiveness, and consistency of the experiences delivered by Heritance Hotels and Resorts.

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Ceylon Chamber connects Sri Lankan businesses with Mississippi investment opportunities

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The Ceylon Chamber of Commerce facilitated several one-to-one meetings between Sri Lankan companies and the Mississippi Development Authority (MDA), USA, creating direct opportunities for businesses to explore manufacturing, investment, distribution and other avenues for establishing or expanding operations in the United States.

The meetings brought together companies from sectors including advanced manufacturing, agribusiness and food processing, energy, and distribution and logistics.

The discussions focused on the expansion interests of participating companies and the opportunities available in Mississippi, including the state’s industry clusters, infrastructure, workforce capabilities and support for international businesses. Companies were also able to discuss potential routes into the wider US market and the considerations involved in establishing operations there.

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Clean Serendib introduces machine-assisted beach cleaning

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Aravinda Athukorala, Founder and Chief Executive Officer of Clean Serendib, operating the machine-assisted beach-cleaning equipment during the demonstration.

Clean Serendib marked the official commencement of its beach-cleaning operations with a demonstration of specialized machine-assisted cleaning technology at Mount Lavinia Beach on 14 October 2026. The initiative introduces a complementary approach to coastal conservation in Sri Lanka, focusing on the removal of smaller waste materials that are often difficult to recover through conventional manual cleaning methods.

The demonstration showcased how mechanized cleaning can enhance existing beach conservation efforts by addressing waste particles embedded within the sand. The event provided invited stakeholders with an opportunity to observe the technology in operation and understand its potential contribution to improving the cleanliness of Sri Lanka’s coastal environments.

Established under the leadership of Founder and Chief Executive Officer Aravinda Athukorala, Clean Serendib is dedicated to advancing practical solutions for coastal cleanliness and environmental preservation. The organization seeks to complement the work of volunteer groups, environmental organizations and public institutions by introducing specialized equipment capable of addressing persistent challenges in beach waste removal.

While conventional beach-cleaning activities play an important role in collecting visible litter, smaller discarded materials, including plastic fragments, bottle caps and other debris, frequently remain embedded beneath the sand. Recovering these materials manually can be labor-intensive, highlighting the value of mechanical cleaning technologies as a complementary solution.

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