Business
Lanwa Sanstha slated to open in March 2022
To ease cement shortage in local market
Lanwa Sanstha Cement Corporation (Pvt) Ltd, a state-of-the-art cement manufacturing facility that is expected to be one of the region’s largest, is set to commence operations in early March of 2022. The factory, which spans 63 acres, is located in Hambantota’s Mirijjawila Export Processing Zone.
A BOI venture, the total capacity of Lanwa Sanstha Cement Corporation (Pvt) Ltd would be 4mn MT with Phase 1 producing 2.8mn MT per annum. One of the facility’s strengths is the emphasis on cutting-edge technology, with all mixing being done with European machinery for minimal wastage.
Commenting on the completion of Phase 1 and commissioning of the plant, Chairman of Lanwa Sanstha Cement Corporation (Pvt) Ltd Nandana Lokuwithana noted: “We are very excited to start operations in March 2022 at a juncture when the whole world is returning to normalcy after two years of pandemonium due to the global pandemic. In many ways, we’re optimistic that this venture will be a major boost to the economy in terms of technological advancement, foreign revenue and a solution to the shortage of cement which is crippling the local construction sector currently.”
He said that this facility incorporates a host of sophisticated features including a 2.4km covered conveyer belt connecting the port & factory for increased efficiency, minimal wastage and pollution.
The state-of-the-art factory also features a fully automated Stacker Reclaimer Yard and two Bridge Type Ship Unloaders for ease of handling cargo, shifting from labor-intensive to tech-oriented aligning local industry with global standards.
Meanwhile Executive Director at Lanwa Sanstha Cement Corporation (Pvt) Ltd Dammika Lokuwithana said: “Once operational, Lanwa Sanstha Cement Corporation (Pvt) Ltd., is expected to meet the needs of all major construction projects in Sri Lanka, including the Port City and expressways, by producing the full range of cement products including Ordinary Portland Cement (OPC), Portland Composite Cement (PCC) and Blended Hydraulic Cement (BHC).
Lanwa Sanstha Cement Corporation (Pvt) Limited is a sister company of Sri Lanka’s foremost manufacturer of steel, Ceylon Steel Corporation Limited.
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
