Business
‘India committed to SL’s peace, prosperity and security’
India and Sri Lanka recently conducted constructive and cordial discussions on rescheduling bilateral debt repayments by Sri Lanka. It is of note that during a recent discussion High Commissioner of India to Sri Lanka Gopal Baglay had with President Gotabaya Rajapaksa, the former re-iterated ‘India’s commitment to deepening its partnership with Sri Lanka for peace, prosperity and security of the two peoples, an Indian High Commission press release said.
The release:
‘On 22 July 2020, India and Sri Lanka held a technical discussion on rescheduling of bilateral debt repayment by Sri Lanka. The Indian delegation comprising of senior officials from the Ministry of External Affairs, Ministry of Finance, and the EXIM Bank interacted with representatives from the Department of External Resources of Sri Lanka through a video conference. The constructive discussion between both sides took place in a cordial and positive atmosphere.
‘It may be recalled that both sides had discussed the ongoing COVID-19 pandemic and its likely health and economic impacts in the region during Prime Minister, Shri Narendra Modi’s telephone conversations with the President of Sri Lanka, H.E. Gotabaya Rajapaksa on 23 May 2020 and the Prime Minister of Sri Lanka, H.E. Mahinda Rajapaksa on 27 May 2020. During these conversations, Prime Minister, Shri Narendra Modi had assured that India would continue to provide all possible support to Sri Lanka for mitigating the effects of the pandemic.
‘During the courtesy call on the President of Sri Lanka, H.E. Gotabaya Rajapaksa by the High Commissioner of India, H.E. Gopal Baglay on 29 May 2020, it was agreed to accelerate India’s participation in Sri Lanka’s post COVID economic recovery. High Commissioner Gopal Baglay also reiterated India’s commitment to deepening its partnership with Sri Lanka for peace, prosperity and security of the two peoples during his conversation with the President of Sri Lanka.
‘Building on the mutual priorities identified during the telephone conversations between the leaders of India and Sri Lanka in May 2020 and High Commissioner’s courtesy call on the President of Sri Lanka, the High Commission of India engaged with the Government of Sri Lanka to facilitate the initiation of discussions between the two sides on this matter. The next round of technical discussions between the two sides on rescheduling of debt repayment is expected to be held soon.
‘The High Commission of India will continue to work towards coordinating and facilitating such engagement as a part of India’s overall commitment to work with Sri Lanka to counter and mitigate the effects of the COVID-19 pandemic.’
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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