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LOLC Finance bags five golds at Technnovation Awards 2022

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LOLC Finance PLC proved its excellence yet again in the digital financing sphere, competing with the country’s prestigious banks and NBFIs to win five top awards.

LOLC Finance was bestowed with the Gold titles for: NBFI of the Year for Financial Inclusivity, NBFI of the Year for Excellence in Customer Convenience, Financial Institution of the Year for Best Digital Payment Strategy, Best Mobile Application for Retail Payments Via Just Pay (Banks and NBFI), Overall Award Excellence in Inter-Bank Digital Payments (NBFI) and a Merit Award for the Most Popular Digital Payment Product (Banks and NBFI-Mobile Payment App).

These achievements by LOLC Finance marks a period during which LOLC revolutionised Sri Lanka’s rapidly growing digital footprint in the recent past, capturing the fin-tech landscape faster than any local financial service provider in the industry. LOLC Finance has risen to be the pioneer in the most innovative digital transformation in Sri Lanka.

The 4th edition of Sri Lanka’s first and the only payment technology innovation awards LankaPay Technnovation Awards by LankaClear was held on 29th March 2022 with the theme of ‘Honouring the Digital Superheroes’. The awards recognise member banks and non-banking financial institutions who have excelled in electronic transactions during a financial year. All submissions for the awards were judged by a committee of esteemed industry experts, based on the level of innovation, impact, dynamism and uniqueness.

LOLC Finance was one of the first financial institutions in Sri Lanka to break into the mobile technology domain with the launch of the LOLC Real Time online portal and the mobile app in 2014 and 2015, respectively. This first move gave the company a strong competitive advantage in the market, which has helped it make further inroads into the mobile technology space via ground-breaking new solutions such as iPay which was launched in 2017.

Commenting on winning awards, Conrad Dias (Director/CEO) of LOLC Finance said, “Winning the awards is not just a recognition of what we have done in digital banking and financial services, it is also a testament to the long term commitment towards transforming financial services to digital, creating customer convenience, trust and confidence. It was our night at the Technnovation awards, bagging the most gold awards at the event. Amidst an adverse global pandemic, we are truly honoured to be the winner of five gold titles. These honours by LOLC Finance will become the hallmarks of excellence in the NBFI sector in Sri Lanka and will improve the inclusive national drive towards transforming the Sri Lankan economy to a cashless podium”.

LOLC Finance was one of the first NBFIs that received the mandate to introduce Foreign Currency Savings accounts and the first NBFI to register for SWIFT transactions in Sri Lanka. In the internet and mobile banking landscape, the company became one of the first NBFIs to connect with the CEFTS. LOLC Finance iPay has now advanced from a mere payment gateway into a beyond lifestyle payment application offering an exceptional service. LOLC Finance is rated (SL) A (Stable) by ICRA Lanka Limited and is licensed by the Monetary Board of the Central Bank of Sri Lanka.



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Sun directly overhead Dodanduwa, Rathgama, Yakkalamulla, Akuressa, Mulgirigala, Ranna, Kalamatiya and Ussangoda at about 12:13 noon today (05th April)

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On the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka during 05th to 15th of April in this year.

The nearest areas of Sri Lanka over which the sun is overhead today (05th) are Dodanduwa, Rathgama, Yakkalamulla, Akuressa, Mulgirigala, Ranna, Kalamatiya and Ussangoda at about 12:13 noon

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Heat Index at Caution Level in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central provinces and in Monaragala district

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Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 04 April 2026, valid for 05 April 2026

The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central provinces and in Monaragala district.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

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Global ‘Walk for Peace’ to be held in Lanka

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The internationally recognized “Walk for Peace,” originating from the United States, is set to take place in Sri Lanka starting April 21, 2026, led by the Most Venerable Paññakara Thero and a delegation of twelve monks from the Maha Sangha, President’s Media Division said.

Spanning seven days across the island, this pilgrimage’s purpose and concept are guided by the Buddha’s teaching, “Caratha bhikkhave carikam bahujana hitaya bahujana sukhaya lokanukampaya” (Wander forth, O Monks, for the welfare and happiness of the many, out of compassion for the world).

This program aims to promote peace and lovingkindness within society. It serves as a practical demonstration that peace cannot be attained by force, but must be cultivated step-by-step through mindfulness.

The inaugural event of this program is scheduled to be held in Anuradhapura on April 21, 2026. A ceremony to receive the sacred sapling of the Jaya Sri Maha Bodhi will take place at 4:00 PM, followed by special religious observances at the sacred Ruwanweliseya premises at 5:00 PM.

Thereafter, the walk will commence from the ancient Dambulla Royal Cave Temple and proceed towards Kandy. Upon reaching Kandy, the Maha Sangha will pay their respects to the Chief Prelates (Maha Nayaka Theros) of the Malwatta and Asgiriya Chapters, before visiting the Sri Dalada Maligawa (Temple of the Sacred Tooth Relic) to receive blessings.

Throughout the journey, the procession will carry the sacred sapling of the Jaya Sri Maha Bodhi, along with venerated relics from the historic Nilagiri Cetiya, Madanwala Raja Maha Viharaya in Hanguranketa, Mahiyangana Raja Maha Viharaya, and the Hunupitiya Gangaramaya.

The walk will conclude at Independence Square in Colombo on April 28, 2026. Subsequently, the venerated relics and the sacred sapling of the Jaya Sri Maha Bodhi are to be carried from Independence Square to Gangaramaya Temple, Hunupitiya, Colombo by a procession.

The Sri Lankan coordination of the event is spearheaded by Venerable Melpitiye Wimalakirti Thera. The Government of Sri Lanka’s flagship national program, “Clean Sri Lanka,” serves as the principal state partner.

Additionally, the event receives extensive support from various state institutions, including the National Design Centre, the Tri-Forces, and the Department of Information.

At the conclusion of the seven-day walk, a special State Ceremony will be held at Independence Square in Colombo on April 28, 2026. Concurrently, a special exhibition showcasing Sri Lanka’s Buddhist heritage and traditional handicrafts will be organized by the National Design Centre at the Gangaramaya premises on April 28 and 29, 2026.

This exhibition will feature brass items (ceremonial fans, flags, statues, bowls, and pinnacles), lacquerwork (caskets and boxes), clay crafts (bowls and statues), palm leaf crafts (fans and sesath), natural dyeing of robes, Dumbara wall hangings, traditional drums, and traditional paintings.

The primary objective of this cultural program is to contribute Sri Lanka’s Buddhist and cultural heritage to a project in Texas, USA, where the Tripitaka is being inscribed in 10 languages and enshrined within 840 stupas to create a centre for Buddhist education.

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