Business
Sampath Bank at the forefront of Corporate Governance as Platinum Partner
Sampath Bank is proud to renew its Annual Platinum Corporate Partnership with the Sri Lanka Institute of Directors (SLID) for 2024–2025. This collaboration highlights a shared commitment to advancing Corporate Governance across Sri Lanka, empowering organisations in their pursuit of ethical and transparent practices in both the private and public sectors.
As a Platinum Corporate Partner of SLID, Sampath Bank is dedicated to fostering positive change within the corporate landscape. Representing the Bank in this significant partnership is Tharaka Ranwala, Senior Deputy General Manager – Marketing, Customer Care & Card Centre, whose extensive expertise will play a pivotal role in driving the success of this initiative.
Commenting on this partnership, Anitra Perera, Chief Executive Officer of the Sri Lanka Institute of Directors, said, “We are delighted to have Sampath Bank on board as our Platinum Corporate Partner for the second consecutive year. Their unwavering commitment to promoting ethical practices and fostering governance aligns seamlessly with SLID’s mission of empowering leaders and elevating boardroom standards. This collaboration continues to make a significant impact, not just in shaping dynamic leadership but also in advancing sustainable practices across Sri Lanka’s corporate landscape.”
The partnership provides Sampath Bank with the opportunity to support organisations in adopting governance practices that uphold accountability and enhancing shareholder value. Meanwhile, SLID, with its diverse membership of over 1000 influential business leaders, continues to lead the way in nurturing a culture of excellence within boardrooms and inspiring a new generation of leaders to navigate the challenges of tomorrow.
Business
Made in SL waterproofing coating ‘grounded in local climate knowledge’ enters the market
MEGAKEM Engineering (Pvt) Ltd., a subsidiary of Wardena Venture Holdings, recently unveiled MEGAPROOF HI-BUILD, a new high-build elastomeric waterproofing coating, at a formal launch event held at the Bandaranaike Memorial International Conference Hall (BMICH) on 8 January 2026. The launch marked a significant milestone for Sri Lanka’s construction chemicals industry, introducing the first locally developed product of its kind designed to meet the country’s demanding climatic conditions. Developed and manufactured in Sri Lanka, MEGAPROOF HI-BUILD represents a strategic advancement in locally engineered waterproofing solutions.
The product has been formulated following extensive internal development and benchmarking against established international products, positioning it among the highest technical performance specifications currently available in the market. Designed to deliver durability, flexibility, and long-term protection, MEGAPROOF HI-BUILD addresses the growing demand for reliable exposed waterproofing solutions suited to tropical weather conditions. The launch brought together industry professionals, consultants, contractors, and key stakeholders from across the construction sector.
Business
Agrahara MoU renewed for the wellbeing of public sector workforce
Suwasevana Hospital in Kandy has renewed its three-year Memorandum of Understanding with the National Insurance Trust Fund (NITF), continuing its role as a healthcare provider for government employees under the Agrahara scheme.
The agreement, signed on January 6, 2026, extends a suite of financial benefits to public sector workers. These include free admission, free OPD consultations, a 20% discount on room rates, and 10% discounts on various laboratory, radiology, and cardiology investigations.
Srimath Walivita of Suwasevana stated the renewal strengthens practical, cost-saving support for beneficiaries. The partnership aims to enhance access to quality healthcare for Sri Lanka’s public sector workforce.
Business
ComBank, UnionPay launch SplendorPlus Card for travelers to China
Commercial Bank of Ceylon, in partnership with UnionPay International, has launched the UnionPay SplendorPlus Card, a premium credit card designed to provide Sri Lankan travelers with a cost-efficient and seamless payment experience in mainland China.
The card offers a guaranteed 1% cash rebate on eligible purchases in China, along with instant discounts at select hotel groups including IHG and Marriott, enhanced airport lounge access, and savings on major Chinese e-commerce platforms. These benefits address the needs of travelers navigating China’s digital payment ecosystem.
Commercial Bank’s CEO, Sanath Manatunge, stated that the card reflects the bank’s commitment to delivering advanced payment solutions for a globalizing customer base and strengthens its leadership in Sri Lanka’s card market.
The launch underscores UnionPay International’s strategic focus on Sri Lanka and enhances Commercial Bank’s portfolio of travel-focused financial products, particularly as China grows as a key destination for Sri Lankan business and leisure travel.
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