Business
Siyapatha Finance partners DIMO Agribusinesses for agriculture mechanization drive
Siyapatha Finance PLC, a fully owned subsidiary of Sampath Bank PLC, recently signed a Memorandum of Understanding (MoU) with DIMO Agribusinesses, the agriculture arm of DIMO, one of the leading conglomerates in Sri Lanka, to provide exclusive leasing solutions for the consumers of DIMO Agri Machinery with an objective to uplift the local agriculture sector.
Understanding the importance of the agricultural sector to the Sri Lankan economy, Siyapatha Finance initiated this facility for the convenience of agricultural entrepreneurs via its “Agri Lease Programme”. This agreement offers exclusive leasing packages with the lowest interest rates to customers who wish to purchase DIMO Agri Machinery including Tractors and Combine Harvesters. Siyapatha Finance PLC’s “Agri Lease Programme” offers lower instalment payments, flexible repayment facilities on a monthly or seasonal basis and hassle-free quick approvals with minimal document requirements. These low instalment payments and flexible repayment facilities have been implemented to ease the financial repayment burdens on farmers.
DIMO Agribusinesses is also prepared to offer a host of benefits exclusively to Siyapatha Finance PLC customers inclusive of but not limited to special discounts, free registration, a free farmer’s kit, and an oil filter with three free vehicle services, in addition to free GPS devices for selected models. These exclusive benefits provide easy access for agriculture machinery to accelerate agriculture mechanization in the country.
Addressing the MoU signing participants, Ananda Seneviratne – Managing Director of Siyapatha Finance PLC, expressed his thoughts saying, “Our customers have always been our utmost priority and we have taken it upon ourselves to enhance convenient financial solutions for the agricultural industry. Our country relies greatly on the agricultural sector and many farmers find it difficult to access, invest in and upgrade their machinery owing to a multitude of difficulties they are faced with in the process.
Through the MoU signed with DIMO Agribusinesses we hope to encourage farmers to proceed and develop their operations. This is an ideal strategic partnership that provides customers with the best possible opportunities and options. The customized leasing plans of Siyapatha Finance PLC coupled with the unparalleled reliability of DIMO Agribusinesses, ensures that the customers are guaranteed a convenient, customized and an all-encompassing solution.”
Rajeev Pandithage – Chief Operating Officer of DIMO stated, “Partnerships of this nature will enable us to equip the local agriculture sector with modern technology that enhance the productivity while fuelling dreams and aspirations of the famer community in the country. As the sole distributor of the world-renowned Agriculture machinery brands such as Mahindra Tractors and CLAAS harvesters in Sri Lanka, we hope to complement our range with a multitude of services, providing the optimal experience to our customers.”
The exclusive advantages offered through this partnership guarantee to make this leasing scheme from Siyapatha Finance PLC, one of the most promising schemes for those in the agricultural sector, benefiting stakeholders of both Siyapatha Finance PLC and DIMO Agribusinesses.
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
