Business
Hayleys Fentons launches “Roots of Resilience” programme to restore Bolgoda River’s mangroves
Sri Lanka’s commitment to mangrove conservation is a strong backdrop for Hayleys Fentons’ “Roots of Resilience” programme.
Hayleys Fentons Limited celebrated the inauguration of the “Roots of Resilience” biodiversity conservation programme. The project began with the signing of the MoU on November 7, 2023. This significant endeavour was carried out in collaboration with the Government of Sri Lanka and the Department of Coast Conservation and Coastal Resource Management (CCCRMD).
The “Roots of Resilience” biodiversity conservation programme aims to reinstate the vital mangrove ecosystem in the Bolgoda River. This river, a valuable natural treasure, was selected due to its ecological importance and the environmental threats it faces. The project witnessed the planting of 1,000 mangrove saplings on the banks of the river, an initial step towards the project’s long-term goal of enriching biodiversity and supporting local communities.
“Mangroves are highly productive but extremely vulnerable ecosystems found in the intertidal zone of coastal environments, including lagoons. In Sri Lanka’s Coastal Zone and Coastal Resources Management Plan (CZ&CRMP), mangroves are listed as one of the most important coastal habitats. Hayleys Fentons Limited’s “Roots of Resilience” is closely aligned with the country’s goals for mangrove protection and restoration, as replanting schemes are one of the CZ&CRMP’s core actions. Mangroves act as large filters, removing pollutants, excess nutrients, and sediment from inland municipal and industrial wastewater as well as stormwater runoff. The planting of 1000 mangrove saplings will have a major positive impact on the function of the habitat,” stated Eng. R.A.S. Ranawaka, Director General of CCCRMD.
“As this initiative also combats climate change effects on the habitat, it will improve ecosystem services, providing additional benefits to local fishermen communities through increased natural production. Community participation, public awareness, and close monitoring of progress are critical for the success and sustainability of the project’s five-year plan.”
Expressing his views, Hasith Prematillake, Managing Director of Hayleys Fentons Limited, highlighted the initiative’s dual purpose. “By undertaking this initiative, we wish to take meaningful action to benefit our valuable local environment while contributing to the global effort in preserving biodiversity and combating climate change, leaving a positive impact for the future generation.”
Sujith De Alwis, CEO of Hayleys Fentons Limited, emphasised the company’s consistent dedication to environmental stewardship, saying, “We understand the critical role that biodiversity conservation plays in ensuring the sustainability of our planet. Fully aligned with the United Nations Sustainable Development Goals, the “Roots of Resilience” initiative has a wide-ranging effect. Through mangrove replanting, it is anticipated to counteract climate change by removing 5.9 tonnes of atmospheric carbon per year. Furthermore, within two years, the preserved and regenerated mangrove ecosystems will support regional fisheries, promoting a robust ecosystem.”
Pamudith Gunawardana, Director Finance and the custodian of ESG efforts at Hayleys Fentons Limited, commented, “This endeavour is a critical step towards enhancing biodiversity conservation and contributing to ecosystem restoration.
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.”