Business
‘EMS Leisure announces Chatra’
EMS Leisure Holdings Pvt Ltd, a Sri Lankan company formed as a partnership between EMS Property and a group of elite Sri Lankan professionals based out of Dubai, today announced its first project focused on developing, selling and subsequently operating a Holiday Home Villa cluster in Digana, Kandy, named “Chatra”.
Overlooking the Victoria reservoir and the Knuckles Mountain Range, inspired by its location and proximity to nature, Chatra brims with natural beauty and offers a contiguous experience ideal for affluent living. It is built on four acres of waterfront property and uses less than 25% of the total land as a built-up footprint with the rest remaining as native landscape. Ranging from 20 perches to 23 perches, each plot will promote a home garden/orchard area for organic gardening of fruits and vegetables, along with a plunge pool to relax in serenity.
The project comprises of waterfront villas, within a gated community environment offering communal areas and a spa, restaurant, fitness area, a jogging pathway, and other open spaces surrounded by lush greenery. The project features 16 bespoke Villas in 8 unique designs and seeks to build holiday homes for discerning investors, together with a community outreach programme. With sizes ranging from 3,348sqf – 4,435sqf and starting at an investment of US$ 350,000 per villa, Chatra hopes to open its doors in the last quarter of 2023.
All villas will be fully furnished with premium architectural input and minimalist designs while catering to modern day needs. A simple yet elegant plan delivers maximum natural light and ventilation with a 6 metre wide paved road network, designed with drains on either side for the convenience of residents and easy circulation within the community. The entrance and exit will be from one location for security purposes, however internal circulations will be divided offering easy access to the villas and common amenities. A thick growth of trees along these pathways act as a natural barrier from the road, thereby ensuring privacy.
Speaking about this upcoming project, Vinod K. V. the Group CEO of EMS Leisure said, “We believe that despite the current challenging economic climate, Sri Lanka represents a strong opportunity for investment and growth. We want to capitalize on this by providing world class luxury living experiences in one of the most picturesque countries in the world that will prove to be of outstanding value to customers and stakeholders. We also have plans to make further investments into the country, either as part of our core offering or augmenting it.
We are already in the midst of expanding our land inventories and look forward to announcing more exciting, eco-conscious and nature focused developments in the future.”
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.”