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LankaPay Introduces Weixin Pay for Cross-Border QR Payment Acceptance at LANKAQR Retailers
LankaPay, the national payment network of Sri Lanka, has announced a collaboration with Weixin Pay, known as WeChat Pay, to facilitate cross-border QR payment acceptance for LANKAQR merchants. The official launch took place on March 24, 2026, at the NH Collection in Colombo. This partnership will allow Weixin Pay users visiting Sri Lanka to effortlessly
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Launch of Sri Lanka Brand Forum Aims to Ignite National Inspiration and Transform Business for Progress
In a significant move aimed at reshaping the contribution of businesses to national development, the Sri Lanka Brand Forum (SLBF) has been launched as an innovative platform focused on fostering a new breed of purpose-driven,…
Business Updates
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NDB of Sri Lanka Unveils Significant Fraud Incident, Cautions Potential Losses Could Surpass Rs380 Million
Sri Lanka’s National Development Bank (NDB) has announced the discovery of fraudulent activities involving certain employees collaborating with outside parties. The bank has taken steps to report this incident to law enforcement for further investigation…
Economy
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Sri Lanka Welcomes 10,113 Fresh Active Credit Cards in January 2026
FINANCIAL CHRONICLE – According to data from the central bank, the number of active credit cards in Sri Lanka rose by 10,113 in January 2026, reflecting an uptick in their usage as the nation’s economy…
World
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Extended Conflict in Iran Heightens Risk Factors for American Businesses, According to Fitch Ratings
Fitch Ratings, based in Toronto, New York, and Chicago, has indicated that North American corporations appear to be somewhat shielded from the immediate repercussions of the ongoing conflict between the U.S. and Iran. Nonetheless, an…
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Sri Lanka offloads additional Rs200 million in Treasury bills following auction results.
FINANCIAL CHRONICLE – Sri Lanka successfully auctioned treasury bills amounting to 200 million rupees at average interest rates of 8.09 percent for six-month bills and 8.41 percent for twelve-month bills, as reported by the public…
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