Business
Influential speakers to the fore
An impressive line-up of leading global and local experts in policy, business and financial markets are set to join Sri Lanka’s leading independent investment banking and wealth management firm, Asia Securities, at their upcoming 4th Annual Sri Lanka Investment Conference to share their insights. Titled 2021: The Investors’ Dilemma, this year’s conference to be delivered virtually, will take place in three individual sessions, from 15-17th of December. It will explore the outlook for the economic rebound and financial markets in the coming year.
Nobel Laureate Professor Muhammad Yunus, world-renowned as the father of both social business and microcredit and founder of Grameen Bank, will be tuning in from Bangladesh for day 2 of the conference. The recipient of the 2006 Nobel Prize for peace will share his thoughts on taking a creative approach to rejuvenate low and middle-income countries in a post-pandemic world. For his constant innovation and enterprise, the Fortune Magazine named Professor Yunus in March 2012 as “One of the greatest entrepreneurs of our time.” He is one of only seven individuals to have received the Nobel Peace Prize, the United States Presidential Medal of Freedom and the United States Congressional Gold Medal.
On the same day, Jonathan Wilmot, Head of Macro Research at independent global advisory firm Aletheia Capital, Founder of WilmotML, and former Global Strategist at leading investment bank, Credit Suisse will take the stage to share his global market outlook for 2021. In his presentation, Mr. Wilmot will draw on his track record of predicting economic recoveries well ahead of market consensus, to discuss the market forces at play and how investors can capture the investment opportunities that arise. The Oxford-educated Mr. Wilmot has over 40 years’ experience analysing financial markets, including over thirty years with Credit Suisse as Chief Global Strategist for the Investment Bank and Head of Macro Investment in the UK Asset Management Business. Through his company WilmotML, he is combining world class macro research with advanced machine learning (ML) and AI technologies.
Mattias Martinsson, Founding Partner and Chief Investment Officer of Tundra Fonder AB, a Swedish-based investment fund will discuss challenges and opportunities in investing in frontier markets on day 3. Having begun his career as an analyst and advisor in Russian equities at Hagströmer & Qviberg in 1996, Mr. Martinsson has long been an investor in the Sri Lankan stock market. He founded Tundra in 2011 as a specialist boutique asset manager, focussing on Frontier Markets and smaller Emerging Markets. Among Tundra’s early initiatives was to set up a specific research initiative for Environmental, Social & Governance analysis. Its detailed ESG-analysis of its portfolio companies remains a particular trademark for the company.
Dumith Fernando, Chairman of Asia Securities said “We have worked hard to channel the best of international expertise to investors in Sri Lanka. The overseas-based experts are of particular relevance at this year’s conference as the challenges and opportunities for markets in 2021 are closely related to global happenings.”
Asia Securities is a leading investment firm in Sri Lanka providing Investment Banking, Research, Equities, and Wealth Management services to local and international corporate, institutional, and individual clients. Day 1 and Day 2 are open to the public by prior registration. Day 3 is open to clients only, with limited space for the public. For all registrations, please email sabeeha@asiasecurities.lk.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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