Business
People’s Bank CEO/GM participates as a panelist at regional sustainable finance discussion in France
People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku was invited to participate as a panelist at the recently-held “SUFIP 2022: Sustainable Finance in the Indo Pacific” event in France co-organized by Agence Française de Développement (AFD) and the EXIM Bank of India.
The event gathered the European and Indo-Pacific development banks on the sidelines of the European Indo-Pacific Ministerial Forum and comprised of opening/closing sessions as well as four panels based on broad thematic areas. Ranjith Kodituwakku was a panelist for the 4th panel “Financing Social Resilience in the Post-Pandemic Indo-Pacific: improving public health, nutrition and agriculture”. The other three Panels discussed key areas including “Sustainable Agenda in the Indo-Pacific: Connectivity and Quality Infrastructures”, “From Climate Agreement to Climate Action: Financing Decarbonisation, Resilience and Biodiversity” and “Accelerating the Energy Transition: Turning Commitment into Reality”.
The Indo-Pacific region will be the engine of global growth and recovery in the post-pandemic era although countries in the region are operating facing multiple challenges especially in the post pandemic economic revival. Both India and France share the view that a new, decentralised, robust, and inclusive economic perspectives needs to be built in the Indo-Pacific that prioritises the economic aspirations of its residents.
This event brought together the different stakeholders from public financial institutions and development banks, to chart out mechanisms for understanding and co-operation on sustainable modernization in the Indo-Pacific region. It presented several institutions with the opportunity to highlight their commitment towards key actions in priority areas including climate and energy transition, digital connectivity, health, biodiversity and the blue economy.
Sharing his thoughts on the event, People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku stated, “It gives me great pride to represent People’s Bank and Sri Lanka at such a prestigious regional event that brought together some of the most knowledgeable and experienced individuals in Sustainable Finance on to one stage. With the Indo-Pacific region facing several hurdles in today’s pandemic-hit world it is important that countries and their respective key institutions work closely with each other to come up with solutions to the region’s pressing problems across different areas. This event certainly was a timely one as it brought together the institutions that channel development finance to determine how they can together catalyse progress in sectors such as climate finance, renewable energy, and health.”
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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