Business
Sampath e-remittance offers reward of Rs. 10 per US dollar
Inward foreign remittances
Sampath Bank PLC is offering an additional reward of Rs. 8 per US dollar for remittances made through the ‘Sampath e-remittance’ service and converted into Sri Lankan Rupees during the month of December 2021.
With an incentive of Rs. 2 per US dollar already being offered under the “Incentive Scheme on Inward Workers’ Remittances”, the Bank is now offering a total incentive of Rs. 10 per US Dollar.
This is applicable to all funds that are remitted through the Sampath e-remittance service and converted into Sri Lankan Rupees by Sampath Bank customers as well as all others, during the period 01 to 31 December 2021. In doing so, Sampath Bank goes live in providing the incentive in real time for over-the-counter payment and Sampath Bank accounts.
The rewards programme is another way in which Sampath Bank seeks to support the Central Bank of Sri Lanka’s (CBSL) ongoing efforts to encourage all Sri Lankans living and working around the world to remit money to their loved ones in Sri Lanka through Licensed Banks (LBs) and other internationally accepted formal channels. Aimed at attracting more workers’ remittances to the country through formal banking channels, the additional incentive being provided is set to help improve foreign currency liquidity in the domestic foreign exchange market.
‘Sampath E-remittance’ is an internet-based instant money transfer service that enables Sampath Bank customers as well as all others to receive money in Sri Lanka from their loved ones around the world.
Anyone looking to send money to the country can simply visit one of over 160 agents around the world, or simply send money via the App of the respective Agent.
Paying the amount to be remitted along with applicable charges to the agent in the foreign country, they need to provide the details of the beneficiary including full name and national identity card or driving license or passport number. The agent will provide the sender with a reference number.
Senders can make three types of payments in Sri Lankan Rupees, viz., over-the-counter payments at Sampath Bank branches, credits to Sampath Bank Accounts and credits to other Sri Lankan Commercial Banks through SLIPS (Sri Lanka Interbank Payment System), CEFT (Common Electronic Fund Transfer), or RTGS (Real-time gross settlement)
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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