Business
Growing Together: Sarvodaya Development Finance’s Pledge to Elevate Sri Lanka’s Agriculture Sector
Sarvodaya Development Finance (SDF) is more than just a financial institution; it serves as a driving force for change within Sri Lanka’s agricultural domain. With a steadfast dedication to the nation’s farming community, SDF has embarked on a transformative journey to uplift the Agri Sector, exceeding expectations in terms of support, sustainability, and growth.
In an impressive achievement, SDF’s agri portfolio has surged beyond LKR 4 billion, highlighting the trust and confidence bestowed upon the institution by farmers across the country. Over half of the pledged units have already been settled well ahead of the schedule, showcasing the strong bond between SDF and the farming community.
Through strategic partnerships with industry leaders like Diesel & Motor Engineering Plc (DIMO), Hayleys Agriculture Holdings Limited, and Brown & Company Plc, SDF has contacted farmers in Ampara, Polonnaruwa, Anuradhapura, and Kurunegala districts. By providing state-of-the-art equipment, such as combined harvester machines on flexible repayment terms, SDF not only minimizes waste by modernizing their practices but also addresses labour shortages, enhancing productivity and efficiency in agriculture.
Beyond Financial Support: Cultivating Sustainable Agriculture SDF’s commitment transcends conventional financial services. Teaming up with Araliya Agro Holdings (Pvt) Ltd and Araliya Seeds (Pvt) Ltd, SDF ensures the availability of premium-quality seed paddy while promoting optimal fertilizer usage through innovative techniques. Agronomists, practitioners, and exemplary farmers within SDF’s ranks play a pivotal role in disseminating knowledge, advocating regenerative agriculture practices, and safeguarding land and soil health for future generations.
Chief Executive Officer Nilantha Jayanetti envisions a future where the term “rich farmer” supplants the traditional notion of a “poor farmer” in Sri Lanka. Through its initiatives, SDF extends financial assistance and fosters a culture of prosperity and sustainability within the agricultural community.
In collaboration with Sri Lanka’s farmers, Sarvodaya Development Finance is sowing the seeds of prosperity and ushering in a new era of agricultural excellence.
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
