Business
JAT Holdings celebrates 30 years of success, recognizes outstanding retail partners
JAT Holdings PLC, Sri Lanka’s market leader for wood coatings, recently hosted the JAT Retail Partners Night 2023, at Monarch Imperial, Kotte. This event, which also coincided with JAT’s 30th anniversary, brought together over 450 distributors and retail partners from across the island, honouring their invaluable contribution to JAT’s success over the past three decades. High-ranking representatives from JAT Holdings PLC’s corporate and senior management teams, including Founder and Managing Director, Aelian Gunawardene, were also present at the event.
The evening was filled with exciting entertainment performances, customer testimonial videos and inspiring speeches, culminating in the presentation of a range of awards to recognize the exceptional achievements of JAT’s top retail partners. These partners, acknowledged as Gold, Silver and Bronze Achievers, were recognized for their outstanding sales contributions during FY 2022/23, based on their annual sales volumes of JAT products, which have helped to shape JAT Holdings PLC’s exceptional business performance.
Speaking at the event, CEO, Nishal Ferdinando, highlighted JAT’s remarkable achievement of reaching a revenue milestone of 10 billion rupees, and emphasized the Group’s resilience and success despite the challenging economic conditions. Mr Ferdinando expressed optimism for the future, while also discussing upcoming product developments and expansion plans in South Asia and Africa saying, “We are committed to enhancing our competitive advantage and solidifying our position as the market leader. Our upcoming ventures include the realization of our binder and alkyd resin manufacturing plants in Sri Lanka and Bangladesh, together with a number of other strategic moves, whilst also continuing to focus on the strategies that have worked so well for us amidst the worst economy we have ever had to face.”
Recognizing the vital role played by JAT’s retail partners, Director of Sales and Technical, Wasantha Gunaratne emphasized the importance of strong partner relationships, quality products, technical support and exceptional customer service, “Our success is a testament to the dedication and commitment of our retail partners over the past 30 years, and the quality of our products. We are grateful for their unwavering support and are proud to celebrate their achievements alongside our own.”
The JAT Retail Partners Night 2023 celebrated the remarkable journey of JAT Holdings over the past three decades and showcased its close collaboration and ties with retail partners. The Group remains dedicated to delivering excellence through its cutting-edge products, services and unmatched customer support. With a dominant market position in Sri Lanka and the region, JAT Holdings continues to expand its presence and venture into new markets across South Asia.
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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