Business
SLT-MOBITEL’s mCash continues to extend support to CBSL’s LankaQR Nationwide Campaign
Concludes another successful event at Tangalle
SLT-MOBITEL’s revolutionary mobile money platform, mCash, has joined hands with the LankaQR nationwide rollout campaign introduced by the Central Bank of Sri Lanka (CBSL) which aims to promote and popularise the digital payment method among merchants as well as customers.
Following the campaign launch in October, a follow up campaign was held in Tangalle recently, with merchants and customers drawn to the event in large numbers. The key focus of this event was to introduce LankaQR payments and educate both customers and merchants in the area on the benefits of LankaQR as a method of contactless payments.
Supporting the LankaQR drive, mCash also acquired new merchants, including Hameedia to facilitate LankaQR payments via its platform. Hameedia is a household name in Sri Lanka with an unmatched legacy of 72 years, leading and innovating in menswear brands with premium styles and quality.
The LankaQR initiative was put forward by the CBSL, to implement a national Quick Response (QR) standard to enable convenient digital transactions between customers and businesses using mobile devices by simply scanning the LankaQR code to make payments.
SLT-MOBITEL was the first telecommunications company to launch LankaQR code through its state-of-the-art mobile money platform mCash and is a testament to the company’s continuous commitment to pioneer greater convenience and novelty to the market with digital financial services. Further, mCash has been spearheading breakthrough innovations in digital payments and collections and enhancing digital inclusivity in Sri Lanka. Apart from extending financial inclusion, the fintech brand has redefined the way consumers carry out transactions with the use of a mobile phone.
mCash has experienced immense growth over the years and continues to expand island wide offering services such as sending and receiving money, mobile reloads and bill payments, utility, insurance, finance and leasing payments, online and in-store shopping payments via QR code, bank deposits and digital loans where customer could apply and get a loan from the mobile via mCash along with a portfolio of other financial solutions.
The next edition of the LankaQR Nationwide Rollout Campaigns is set to unfold in Negombo on the 18th of December on a grander scale focusing on the merchants and customers in the area.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”