Business
‘Invest Sri Lanka’ successfully concluded in Chennai – CSE
The “Invest Sri Lanka” Investor Forum, which was organized by the Colombo Stock Exchange (CSE) in association with the Confederation of the Indian Industry (CII), was concluded successfully on August 9 in Chennai, at the Taj Coromandel Hotel. The forum made a strong case for investment flows into Sri Lanka. The forum witnessed a strong turnout of 180 investors from multiple industries across India. Shehan Semasinghe, State Minister of Finance, Sri Lanka was the keynote speaker at the forum.
The Sri Lankan delegation, including the chairman of the CSE, senior representatives of the Securities and Exchange Commission of SL (SEC), CSE, Central Bank of Sri Lanka (CBSL), and representatives from 16 stockbroker firms, collectively pitched for further investment flows into Sri Lanka, a call that was also boosted by strong endorsements for Sri Lanka by the CII.
The forum was well received by the audience, which praised the organizing parties and the speakers for their efforts to put on such an event during the economic recovery process.
In addition, the forum also featured a prominent line-up of speakers, including Vice Chairman, CII Tamil Nadu State Council and Managing Director, Wheels India Ltd., Srivats Ram, Chairman, CSE, Dilshan Wirasekara, Director General, SEC, Chinthaka Mendis and Director of Research, CBSL, Dr. P.K.G. Harischandra, who spoke about the Sri Lankan economy and the capital market. A technical session on the Sri Lankan stock market outlook and sector performances was carried out by the Sri Lankan stockbroking firms, including Director/ Head of Research, Acuity Stockbrokers (Pvt) Ltd, Shehan Cooray, Head of Research, CT CLSA Securities (Pvt) Ltd., Oshadha De Vas Gunasekara and Chief Research and Strategy Officer, First Capital Holdings PLC, Dimantha Mathews.
The Q&A session where the State Minister of Finance, Shehan Semasinghe, Chairman, CSE, Dilshan Wirasekara, Director General, SEC, Chinthaka Mendis, Director of Research, CBSL, Dr. P.K.G. Harischandra, and CEO, CSE,. Rajeeva Bandaranaike, joined as the moderator, was well received by the participants.
The “Invest Sri Lanka” investor forum in Chennai was supported by Asia Securities and First Capital Holdings PLC as the Platinum Sponsors. The support partner for the forum is the Ceylon Chamber of Commerce (CCC).
The “Invest Sri Lanka” India investor forums are two-part forums. The first forum, as mentioned above, concluded on August 9 at the Taj Coromandel Hotel, Chennai. The second forum was set for August 11 at the Taj Lands End Hotel, Mumbai.
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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