Business
CSE signs MOU with University of Moratuwa
“Our university is always looking to add value, and I believe this will be an excellent opportunity to collaborate on projects with more industrial partners.” – Vice Chancellor, University of Moratuwa
“It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped in contributing to a stable economy in the future.” -CEO, CSE
The Colombo Stock Exchange (CSE) recently signed a Memorandum of Understanding (MoU) with the University of Moratuwa, to formalize collaborative efforts to improve financial literacy among undergraduates in Sri Lanka.
The collaboration proposes to promote capital market education among undergraduates by working together on a number of mutually beneficial strategic initiatives. Accordingly, the initiative would offer practical educational training and internship opportunities for students of the University of Moratuwa who are engaged in accountancy and finance, business management, and economics-related degree programmes with the CSE.
Furthermore, under the terms of the MoU, the CSE will grant an award to the student who obtains the highest value in the Grade Point Average (“GPA”) in the Financial Management Specialization Programme of the University.
The University of Moratuwa will also collaborate with the ongoing educational initiatives of the CSE, including the Advanced Diploma in Financial Markets (ADFM), as well as in future educational and research activities by providing the required expertise and resource persons.
Commenting on the partnership, the CEO of the CSE, Rajeeva Bandaranaike, stated, “It is crucial to promote financial literacy among Sri Lankans, especially among undergraduates, who are a key segment of the population equipped in contributing to a stable economy in the future. Taking cognizance of this objective, we are pleased in partnering with the University of Moratuwa, in a productive line of initiatives to promote a financially literate undergraduate population for the sustainable growth of the economy in Sri Lanka.”
The Vice Chancellor of the University of Moratuwa, Senior Professor N. D. Gunawardena, also shared his views and thanked the Colombo Stock Exchange, for signing the Memorandum of Understanding with the University of Moratuwa to bring more opportunities to both parties.
“It really helps us to share our practical knowledge as well as increase industrial interactions with your precise company. I truly believe that your opportunities for our academic, non-academic, and undergraduate students have resulted in positive outcomes for the university.”
Senior Professor Gunawardena also emphasized the fact that, CSE’s objectives are critical to increasing undergraduate students’ industrial interactions. “Furthermore, our university is always looking to add value, and I believe this will be an excellent opportunity to collaborate on projects with more industrial partners.”
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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