Business
CAL optimistic about the future
Capital Alliance (CAL) Group is one of Sri Lanka’s full-fledged investment banks that provides a vast array of bespoke solutions in Fund Management, Equity and Debt Capital Markets, Mergers and Acquisitions Advisory, Stock Brokering, Securities Trading and Private Equity. CAL’s dynamic approach and the continuous drive for innovation has made it the preferred partner in financial services for its diverse network of renowned family business and institutional clientele. With its foray into Bangladesh, CAL continues to realize its vision to be the leading investment bank in frontier markets.
Discussing future plans, CAL’s Group Chief Executive Officer Ajith Fernando said, “We strive to be the preferred financial services provider. Whether a client wishes to raise money, invest or look for sound advice, we cater to it all. Our actions are focused on our values of integrity, fairness, dynamism and teamwork. What we won’t sell to our family, we wouldn’t sell to our clients. Our customised approach to providing non-traditional products for our clientele ensures that we are kept on our feet in an extremely fast-paced industry. CAL’s uniqueness comes from its ability to benefit from group-wide synergies, size and access to global investment bases. CAL’s internal synergies arise through its deal structuring expertise, access to a variety of financial instruments, trading expertise, and massive investor base through our fund management platform, all of which is backed by award-winning macro fundamental research and data analysis. Our expansion into Bangladesh is the first of many growth opportunities that we have foreseen to expand our investor base and footprint”.
Staying true to its dynamism, CAL has embraced the digital future by embarking on a programme of digital initiatives. CAL has implemented digital onboarding to promote a secure and paperless platform. In addition, the CAL portal has become a centralised system for clients to access the latest macro-economic and equities research. The ongoing digital ventures facilitated CAL to become one of the first investment banks to offer online applications for Initial Public Offering (IPOs).
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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