Business
Siyapatha Finance signs MoU with Hayleys Agriculture Holdings to boost agriculture with exclusive machinery deals
Siyapatha Finance PLC, a fully- owned subsidiary of Sampath Bank PLC, a leading financial institution dedicated to empowering local businesses and individuals across the nation, is proud to announce a Memorandum of Understanding (MOU) with Hayleys Agriculture Holdings Limited. This landmark partnership marks Siyapatha Finance’s foray into agricultural machinery financing, enhancing its commitment to supporting the growth of Sri Lanka’s agricultural and farming communities.
Under this strategic collaboration, Siyapatha Finance is pleased to offer streamlined financial assistance for Hayleys Agriculture Holdings agricultural machinery, including Kubota combine harvesters, Kubota four-wheel tractors, E-Kubota tractors, light machinery, and post-harvest machinery with the objective of making agricultural equipment more accessible. To achieve this, the company has generously waived off documentation charges for customers, allowing them to save up to Rs. 10,000. In addition, Siyapatha Finance is offering flexible rental plans that can be adjusted to suit individual preferences where customers can opt for equal instalment payments or a structured seasonal payment pattern, making it easier for them to manage their finances while reaping the benefits of modern agricultural machinery.
The collaboration with Hayleys Agriculture Holdings Limited extends beyond the initial purchase. Customers can also take advantage of after-sales services for the agreed product range, ensuring that their agricultural equipment remains in top-notch condition throughout its lifecycle.
In addition to these financial benefits, customers who choose to purchase vehicles through this promotion will enjoy exclusive discounts from Hayleys Agriculture. Accordingly, a discount of Rs. 25,000 is offered for tractors, while a Rs. 50,000 discount is offered for those investing in combine harvesters.
This MOU marks a significant milestone in Siyapatha Finance PLC’s journey, as the company continues to expand its financial services and empower communities across the island. One of the prominent financial companies with a network of branches throughout the country, Siyapatha has designed its financial services to ensure that its customers are provided with the best in service delivery standards.
Over the past seventeen years, the company has contributed vastly to the development of small and medium entrepreneurial efforts and to fulfilling individual financial needs across the island. Their dedication to continuously expanding their financial services is fueled by the drive to help communities achieve their business objectives. Siyapatha Finance aims to empower local businesses as well as those in the agriculture and fisheries industries, through its product portfolio, which includes fixed deposits, savings accounts, leasing, hire purchase, gold financing, business loans, personal loans, revolving loans, and factoring.
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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