Business
CFA Society Sri Lanka rings the Stock Market Opening Bell to mark its 20th anniversary
CFA Society Sri Lanka rang the Opening Bell to commence trading at the CSE yesterday to celebrate its 20-year anniversary. The event was followed by launch of the Commemorative Cover and Stamp, as a part of a series of initiatives conducted by the society to celebrate this significant milestone
Special market opening ceremonies are organized by the CSE as a platform for listed companies to celebrate corporate milestones and as a call to action for causes and developments that are significant to our business community, economy and society at large.
President Dinesh Warusavitharana, Vice President Aruna Perera, Director/ Secretary Rasanja Perera, Director /Treasurer Ms. Rashmi Paranavitharana, Director Travis Gomez, CEO Aruna Alwis, Director, Ms. Nadika Ranasinghe of the CFA Society and the Postmaster General of Department of Posts Ranjith Ariyaratne were present at the event.
The CSE was represented by Chief Executive Officer Rajeeva Bandaranaike, Chief Regulatory Officer Renuke Wijayawardhane and Head of Marketing Niroshan Wijesundere.
CEO of the CSE, Rajeeva Bandaranaike, speaking at the ceremony, congratulated the CFA Society on the journey and applauded the initiatives taken by the CFA society for the development of the capital market over the years.
He further added “As you all know very well, there is a need for improvement in the levels of financial literacy in the country, and we believe CFA society can play a meaningful role in this regard. Given the appropriateness and relevancy of the CFA qualification to capital markets, we should be encouraging a greater presence of CFA charter holders as finalists and candidates within the capital markets industry.
Given the scope, and objectives of the CFA Institute, and the expertise within the fraternity. We believe that the engagement that the CSE has been having with the CFA has been a productive one.”
Outlining the importance of the occasion, President of CFA Society Sri Lanka, Dinesh Warusavitharana, CFA said that today’s market opening ceremony is a very significant occasion for both CFA Society Sri Lanka and the CSE as it reiterates the role of investment professionals who are champions of ethical behavior in investment markets and are a respected source of knowledge in the global financial community. ‘’Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow’’ he added. He also mentioned that Environmental, Social and Governance (ESG) Investing and Real Estate Investment Trusts (REITs) are key focus areas which can provide many benefits to investors and therefore CFA Society Sri Lanka will work very closely with the CSE to establish these emerging concepts in the local financial market.
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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