Business
Sampath Bank reaffirms commitment to Sri Lanka’s exporters by sponsoring Industry 2023
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Sampath Bank, one of the leading financial institutions in Sri Lanka, served as the Official Banking Partner of Industry 2023, the National Industry Exhibition held at the Bandaranaike Memorial International Conference Hall (BMICH) from June 22 to June 25. The exhibition served as a platform for industry players, experts, and stakeholders to participate in an exchange of ideas and solutions that fuel Sri Lanka’s industrial growth.
Organised by the Industrial Development Board under the purview of the Ministry of Industries, the event witnessed the convergence of local and foreign stakeholders representing over 21 industry sectors, with more than 700 exhibitors showcasing a diverse range of products and services.
Sampath Bank’s strategic partnership with Industry 2023 highlights the financial institution’s commitment to foster collaborative industrial development and promote an export-oriented manufacturing economy. At a time when Sri Lanka faces economic challenges, Sampath Bank recognizes the pivotal role of local exporters in driving the nation’s growth and recovery.
As a responsible corporate citizen, Sampath Bank believes that supporting exporters is a national duty. In line with this, the Bank displays a strong dedication to provide exporters with the necessary tools and resources to thrive in a competitive global market. Sampath Bank’s participation in Industry 2023 reinforces its commitment to catalysing the growth of Sri Lanka’s export sector.
Sampath Bank’s comprehensive suite of services for exporters encompasses accessibility beyond the competition. With an extensive network of 229 branches spread across the island, exporters can easily avail themselves of our services, enabling them to focus on their core business operations.
Leveraging over 35 years of experience, Sampath Bank offers expert guidance and practical solutions tailored to the unique challenges faced by export businesses. Recognizing the importance of smooth cash flow for exporters, Sampath Bank strives to provide flexible financing options in both local and foreign currencies.
Its pre and post shipment financing solutions enable exporters to access the necessary funds for importing raw materials and meeting other pre-export expenses, while bridging the gap between product delivery and payment receipt. Sampath Bank’s specialised teams are well-versed in handling the intricate paperwork associated with export activities, providing dedicated support to exporters in managing trade documentation, streamlining the process, and alleviating the administrative burden.
By empowering exporters with these tailored services, Sampath Bank reaffirms its commitment to driving the growth of Sri Lanka’s export sector and contributing to the nation’s economic prosperity.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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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
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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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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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.”