Business
BOC invites Sri Lankan expatriates and international investors to join “BOC My Sri Lanka”
Bank of Ceylon, bringing forth its innate commitment towards Sri Lanka, introduces “BOC My Sri Lanka” Foreign Currency Fixed Deposit account that offers attractive incentives to the account holder while encouraging them to enhance the country’s foreign currency position. The immediate purpose of this initiative is to facilitate the collaborative effort of enhancing the country’s economic profile together with Sri Lankan expatriates and interested international investors by opening up a new channel to draw more foreign currency into the country, a BOC press release said.
The release adds: ‘The account was officially launched at the Bank of Ceylon Head office auditorium by the Bank’s General Manager Russel Fonseka and DGM International Treasury and Investments R M N Jeewantha, DGM Development Banking, Branch Credit Operations Range II Y. A. Jayathilaka with other members of the bank’s corporate and executive management who were also present on the occasion. The same will be launched at Sri Lankan embassies with the representation of BOC’s Business Promotion Officers at their Independence Day celebrations organized today.
‘In order to enhance the opportunity to attract more avenues of foreign currency inflow to the country, the Bank has also opened up this account to non-national residents or non-national non-residents of Sri Lanka, Sri Lankans with dual citizenship and companies incorporated outside Sri Lanka apart from the regular Sri Lankan expatriate community. This Foreign Currency Fixed Deposit account can be opened for either two years or five years with a minimum opening balance of USD 5000/- or equivalent in designated currencies of US-dollars-USD, Sterling Pounds- GBP, Euro-EUR or Australian dollars- AUD. The Bank offers an attractive interest rate according to the selected investment plan whether the interest is drawn either monthly or at maturity. Account holders can also capitalize the interest to the opening account. Ensuring customers are given the maximum flexibility to invest, the bank offers a top-up facility in 1000/- or in multiples of 1000/- in the designated currency. The account can also be renewed at the prevailing interest rate at the time of the maturity (conditions apply).
‘A resilient banking giant in Sri Lanka, Bank of Ceylon maintains a strong network of over 850 correspondent banks and exchange companies with its own banking subsidiary in London and branches in Chennai, Male, Hulu-Male and Seychelles. With the trust and integrity that is built over 83 years Bank of Ceylon is always committed to empower the country towards a sustainable wellbeing for its community.’
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
