Business
Sri Lankan Airlines integrates with BOC Internet Payment Gateway facility
Sri Lanka’s No.01 Bank, Bank of Ceylon together with the National Carrier, Sri Lankan Airlines (SLAL) geared to introduce BOC Internet Payment Gateway (BOC IPG) facility in offering seamless digital payment experience to customers of SLAL by enabling secure payments across multiple channels and in multiple currencies.
The Agreement Signing Ceremony was held on 30th of August 2022 under the patronage of the Bank’s General Manager K E D Sumanasiri, Deputy General Manager (Product and Banking Development) Mr. Ajith Karunarathne, Assistant General Manager (Electronic Banking Centre) Eranga Bandara, Assistant General Manager (Digital Products Promotion) S A N C Piumal, Assistant General Manager (IT) Haritha Rajapakshe. Representing the National Carrier, it was joined by the Airline’s Chief Exeutive Officer (CEO) Richard Nuttall, Head Of Worldwide Sales & Distribution Dimuthu Tennakoon, Group Head Of Information Technology Chamara Perera, Senior Manager (Commercial Services & Support) Conrad Reshantha, Manager ( IT Passenger Services & Cargo Systems) Priyanga Weeraratne,Manager ( Revenue Accounting) S Surendra, Manager (E-Business Development) Bimali Malalasekara.
“The partnership will facilitate the National Carrier to offer seamless online payment experience across different time zones and geographies. BOC IPG facility is set to support the National Carrier to reach a wider customer base and to enhance its business turnover in line with their business expansion plans while adding convenience and ease to its global clientele. We are delighted to partner with SLAL’s digital journey,” BOC General Manager Mr. K E D Sumanasiri said.
BOC IPG enables SLAL to accept multiple payment brands in multiple payment channels using a wide range of digital payment methods from computer to mobile phone. It facilitates MasterCard and VISA cardholders to make payments in their own currencies and the National Carrier to receive payments in major foreign currencies. It further supports the EMV3D secure verification processes with ‘Verified by Visa’ and ‘MasterCard Secure Code’.
Further, BOC IPG is also Integrated with all key online platforms and mobile apps of SLAL including booking engine, Charika App, IVR, Holidays, Plusgrade and Aviation College.BOC is the pioneer in introducing payment cards to Sri Lanka in 1989. Presently, it maintains strong relationships with leading global payment schemes such as Visa International, MasterCard International, Chinese Union Pay and JCB. In addition, the Bank has commenced numerous initiatives to facilitate new developments of payment cards and mobile payments in order to safeguard the interest of general public while unlocking growth paths for cooperates. The Bank has been instrumental in leading and shaping the country’s digital payment landscape. As a recognition for its contribution towards promoting digital inclusivity in banking, BOC was recently awarded the prestigious “Overall Gold Award for Excellence in Interbank Digital Payments” at the LankaPay Technnovation Awards 2022 organized by the Lanka Clear Pvt Ltd.
Over the past 83 years in operations, Bank of Ceylon continued to cement its position as the No.01 Bank in the country while serving the national interest, as reflected by numerous global and local accolades. Bank of Ceylon was yet again recognized among world’s top 1,000 banks by ‘’The Banker Magazine UK”. Despite various challenges, BOC maintains a strong balance sheet comprised of an asset base of over Rs.4 trillion and deposit base of over Rs.3 trillion in commanding its local peers. Bank of Ceylon captured the No.1 Banking Brand in Sri Lanka for the 14th consecutive year in the “Brand Finance Lanka’s – Brand Annual” for the year 2022,
while also becoming the sole Banking brand to surpass a brand value over Rs. 50 billion. With over 2,000 touch points spread across the nation, BOC operates over 645 branches connected online and an ATM/CDM/CRM network of over 1350 located in all 25 districts of the country. Bank of Ceylon leads the trade finance and inward remittances market in serving the national interest. Its overseas presence consists of foreign branches in Chennai, Male, Hulhu-Male, Seychelles and a banking subsidiary in London as well as a strong affiliation with the international banking network developed over the years.
Business
ComBank hands over fully refurbished wards at De Soysa Hospital for Women
The Commercial Bank of Ceylon recently handed over Wards No. 03 and 04 of the De Soysa Hospital for Women, after the completion of a comprehensive renovation project launched in March this year to mark International Women’s Day.
Wards 03 and 04 handle a substantial share of the hospital’s patient load, and account for approximately 2,500 to 3,000 deliveries and 4,000 to 5,000 admissions annually. Their refurbishment was designed to significantly enhance patient care, safety and comfort, and directly benefit thousands of mothers and newborns.
Five Trustees of the Commercial Bank’s Corporate Social Responsibility Trust participated in the formal handing over of the refurbished wards to the hospital authorities. They were Sharhan Muhseen, the Bank’s Chairman, Raja Senanayake, Deputy Chairman, Sanath Manatunge, Managing Director/CEO, Hasrath Munasinghe, Chief Operating Officer, and Prasanna Indrajith, Chief Financial Officer.
Established in 1879, the De Soysa Hospital for Women is the first maternity hospital in Sri Lanka and the second oldest in Asia and is credited with, among others, performing the country’s first caesarean section in 1905 and establishing one of its earliest organised operating theatres in 1907.
The Commercial Bank’s Corporate Social Responsibility Trust, through which this project was implemented, has via its healthcare-related interventions supported more than 100 government hospitals with essential equipment and infrastructure, contributed to emergency medical services through the ‘Adopt an Ambulance’ initiative, and implemented targeted community health interventions such as water storage solutions for families affected by kidney disease.
Business
IIHS expands global nursing pathways
The International Institute of Health Sciences (IIHS) Multiversity is expanding its international education programmes with the aim of creating overseas employment opportunities for Sri Lankan nurses and allied health professionals while contributing to foreign exchange earnings.
Speaking to the media during a conference at IIHS Multiversity in Kerawalapitiya, Dr. Kithsiri Edirisinghe, CEO, Co-Founder and Dean of IIHS aid that the institute has established academic partnerships with overseas universities and higher education institutions, including the University of Surrey in the UK, Deakin University in Australia, Metropolia University of Applied Sciences in Finland, Asia e University in Malaysia and SUNY Canton in the United States.
Under its ‘Study in Sri Lanka, Graduate to the World’ model, students can complete foundational and diploma-level qualifications locally before progressing to international top-up degrees or overseas employment.
Dr Edirisinghe said the model could substantially reduce the cost of obtaining internationally recognised qualifications. It estimates that completing a four-year bachelor’s degree at the University of Surrey in the UK would cost about USD 145,700, including tuition and living expenses, compared with about USD 27,750 through the IIHS pathway in Sri Lanka.
Dr Edirisinghe said the institute’s focus on overseas deployment addressed both Sri Lanka’s economic needs and the growing global demand for healthcare workers.
“Our winning model is producing job-ready, registration-ready healthcare professionals who can seamlessly enter foreign healthcare systems,” he said.
IIHS, which began operations in 2002 as the American College of Health Sciences, established its institutional base in Welisara in 2008 and launched its purpose-built greenfield multiversity campus in 2023.
The institute said it has upgraded the qualifications of more than 5,000 government nurses, supported over 2,500 youth on international employment pathways and trained more than 1,000 allied health professionals. It has also carried out over 250 community health projects.
The institute has identified Germany and Japan among its target markets, with pathways planned for 2,000 nurses for Germany and a one-year preparation programme linked to around 4,000 healthcare positions in Japan.
Dr. Renuka Jayatissa, Vice-Chancellor and a specialist medical doctor, said demographic changes and the growing burden of non-communicable diseases were changing healthcare requirements in Sri Lanka.
Business
Sampath Bank launches Sri Lanka’s first community-powered book discovery platform at Colombo International Book Fair
Sampath GPay customers can enjoy 25% cash back on Book Fair purchases
Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers.
Introduced on the opening day of the Colombo International Book Fair on 25 September, Sampath Book Finder brings together digital innovation and the collective knowledge of readers to address a familiar challenge at one of Sri Lanka’s largest literary gatherings, where the scale of the fair can make locating a particular title a time-consuming exercise. When a book proves difficult to locate, visitors can access bookfairtracker.com or scan the designated QR code and submit a request to the community, allowing readers who have already spotted the title to share its location and help others find it without having to search stall after stall.
Commenting on the initiative, Milinda Weerasinghe, Chief Marketing Officer, Sampath Bank PLC, said, “At Sampath Bank, we believe meaningful innovation begins by identifying everyday challenges and creating solutions that make a real difference. Sampath Book Finder brings this thinking to the Colombo International Book Fair by turning the collective knowledge of readers into a real-time digital solution, empowering them to find what they are looking for, discover something new and help others do the same, while making the overall experience more convenient and connected.”
The platform also turns book discovery into a shared experience, allowing visitors to recommend books they encounter by sharing the title, publisher, hall and stall number, which enables fellow readers to discover sought-after titles and recommendations while making it easier to locate them within the fair.
Sampath Bank’s longstanding association with the Colombo International Book Fair also continues in 2026, marking more than 20 years of partnership, with the Bank serving as the Official Banking Partner for this year’s fair. As part of its presence at the event, SampathCards offer 25% cashback for Sampath GPay customers on their purchases and 3 months 0% instalment plans for book purchases via Sampath credit cards, while visitors can also access banking services through the Bank’s physical presence at the fair. Customers registering to open selected Fixed Deposits at the premises will receive an additional 0.25%, adding further value and convenience for visitors.
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