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‘Sampath PayBand, a revolutionary payment device’

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Sampath Bank dignitaries at the card launch.

By Ifhaam Nizam

Sampath Bank introduced recently its latest innovation, the Sampath PayBand, a versatile wearable payment device, aiming to revolutionize the transaction landscape in Sri Lanka.

This groundbreaking solution caters to the evolving preferences of the younger generation and tech-savvy consumers, marking a significant milestone as the country’s first of its kind. Sampath PayBand heralds a new era in convenient and secure transactions.

Tharaka Ranwala, Senior DGM – Marketing, Customer Care & Card Centre, highlighted Sampath Bank’s pioneering role with the launch of Sampath PayBand, stating, “Sampath PayBand undoubtedly positions Sampath Bank as a trailblazer in banking innovation. This revolutionary wearable payment device signifies a significant leap forward in convenience and underscores Sampath Bank’s commitment to meeting evolving customer needs.”

Regarding the target market, Ranwala noted that while Sampath PayBand caters to a broad demographic, it particularly resonates with tech-savvy individuals valuing convenience and efficiency in financial transactions. The product may attract early adopters and those seeking the latest fintech advancements, anticipating widespread uptake across various age groups and demographics.

The creation of Sampath PayBand involved collaboration among stakeholders, with Sampath Bank’s top management envisioning innovation, the Credit Card Business unit providing insights into customer needs, and partnerships with industry leaders such as Visa and CBA (IDEMIA) contributing expertise and resources.

Shiran Kossinna, Assistant General Manager of the Card Centre at Sampath Bank, emphasized the bank’s dedication to driving innovation and providing a seamless shopping experience with Sampath PayBand.

The benefits of Sampath PayBand include convenience, innovation, contactless transactions, and its trendy appeal to the tech-savvy Gen Z generation. The product will be officially launched in mid-June through select branch networks, with Sampath Bank anticipating that others in the industry will follow suit, contributing to the continuous evolution of payment solutions in the market.

Launched in partnership with Visa, Sampath PayBand underscores the bank’s commitment to providing cutting-edge banking solutions, offering convenience, security, and peace of mind to consumers. It will be available to existing and new account holders at select Sampath Bank branches from mid-June onwards, with personalized assistance and guidance provided upon acquisition.

Sampath Bank, a leading private sector commercial bank in Sri Lanka, is renowned for its innovative financial products and services, driven by a commitment to excellence and customer satisfaction.Avanthi Colombage, VISA Country Manager for Sri Lanka and Maldives, and Ajith Salgado, Chief Information Officer, also spoke at the launch, along with Managing Director Ms. Ayodhya Iddawela Perera.



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Sri Lanka betting its tourism future on cold, hard numbers

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“From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility holds its panel discussion

National Airport Exit Survey tells quite a story

Australia’s role here is strategic, not charitable

In a quiet but significant shift, Sri Lanka’s tourism sector is moving beyond traditional destination marketing and instinct-based planning. The recent launch of the “From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility and the Sri Lanka Tourism Development Authority, sent an unambiguous message: sentiment is out, statistics are in.

The initiative is anchored by a 12-month National Airport Exit Survey, a trove of data covering 16,000 travellers. The findings sketch a new traveller profile: nearly half are young (20–35), independent, and book online. Galle, Ella, and Sigiriya are the hotspots; women travellers outnumber men; and a promising 45% plan to return. This isn’t just trivia. It’s a strategic blueprint. If Sri Lanka Tourism listens, it can tailor everything from infrastructure to marketing, moving from guesswork to precision.

Tourists have a real sense of achievement after hiking the trail to Ella Rock

The keynote speaker, Deputy Minister Prof. Ruwan Ranasinghe called data “a vital pillar of tourism transformation.” Yet the unspoken truth is that Sri Lanka has long relied on generic appeals -beaches, heritage, smiles. In today’s crowded market, that’s no longer enough. As SLTDA Chairman Buddhika Hewawasam noted, this partnership is about “elevating how we collect, analyse, and use data.”

Australia’s role here is strategic, not charitable. By funding research and advocating for a Tourism Satellite Account, it is helping Sri Lanka build a tourism sector that is both sustainable and measurable. Australian High Commissioner Matthew Duckworth linked this support to “global standards of environmental protection” – a clear nod to the growing demand for green travel. This isn’t just aid; it’s influence through insight.

“The real test lies ahead,” a tourism expert told The Island. “Data is only as good as the decisions it drives. Will these insights overcome bureaucratic inertia? Will marketing budgets actually follow the evidence toward younger, independent, female travellers?,” he asked.

“The comprehensive report promised for early 2026 must move swiftly from recommendation to action. In an era where destinations are discovered on Instagram and planned with algorithms, intuition alone is a high-stakes gamble. This forum made one thing clear: Sri Lanka is finally building its future on what visitors actually do – not just what we hope they’ll do. The numbers are in. Now, the industry must dare to follow them,” he said.

By Sanath Nanayakkare

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New ATA Chair champions Asia’s small tea farmers, unveils ambitious agenda

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New Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola

In his inaugural address as the new Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola placed the region’s millions of smallholders at the core of the global tea industry’s future, asserting they are the “indispensable engine” of a sector that produces over 90% of the world’s tea.

Udugampola, who is also Chairman of Sri Lanka’s Tea Smallholdings Development Authority, used his speech at the 6th ATA Summit held in Colombo on Nov. 27 to declare that the prosperity of Asian tea is “entirely contingent” on the resilience of its small-scale farmers, who have historically been overlooked by premium global markets.

“In Sri Lanka, smallholders account for over 75% of our national production. Across Asia, millions of families maintain the quality and character of our regional teas,” he stated, accepting the chairmanship for the 2025-2027 term.

To empower this vital community, Udugampola unveiled a vision focused on Sustainability, Equity, and Digital Transformation. The strategic agenda includes:

Climate Resilience: Promoting climate-smart agriculture and regenerative farming to protect smallholdings from environmental disruption.

Digital Equity: Leveraging technology like blockchain to create farm-to-cup traceability, connecting smallholders directly with premium consumers and ensuring fair value.

Market Expansion: Driving innovation in tea products and marketing to attract younger consumers and enter non-traditional markets.

Standard Harmonization: Establishing common regional quality and sustainability standards to protect the “Asian Tea” brand and push for stable, fair pricing.

Linking the alliance’s goals to national ambition, Udugampola highlighted Sri Lanka’s target of producing 400 million kilograms of tea by 2030. He presented the country’s “Pivithuru Tea Initiative” as a model for other ATA nations, designed to achieve this through smallholder empowerment, digitalization, and aligned policy objectives.

By Sanath Nanayakkare

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Brandix recognised as Green Brand of Year at SLIM Awards 2025

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Brandix has championed best practices in the sphere of sustainable manufacturing over the years

Brandix Apparel Solutions was recognised as the Green Brand of the Year at the Sri Lanka Institute of Marketing (SLIM) Brand Excellence Awards 2025, taking home Silver, the highest award presented in the category this year.

The ‘Green Brand of the Year’ recognises the brand that drives measurable environmental impact through sustainable practices, climate-aligned goals and long-term commitment to protecting natural resources.

A pioneer in responsible apparel manufacturing for over two decades, Brandix has championed best practices in the sphere of sustainable manufacturing covering environmental, social, and governance aspects. The company built the world’s first Net Zero Carbon-certified apparel manufacturing facility (across Scope 1 and Scope 2) and meets over 60% of its energy requirement in Sri Lanka via renewable sources.

Head of ESG at Brandix, Nirmal Perera, said: “Being recognised as Green Brand of the Year is an encouraging milestone for our teams working across sustainability.”

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