Business
Singer driving local manufacture of fridges and washing machines
Singer (Sri Lanka) last week announced it was driving the local manufacture of fridges and washing machines.
“Singer (Sri Lanka) is well-known as a household name for its wide array of consumer essentials, some of which are 100% locally manufactured using the best possible technology at Singer’s very own manufacturing facilities,” a company news release said.
“Singer’s local manufacturing is a well engineered process to cater to the existing market gaps and unveil high quality products to the local market at reasonable prices. Starting from Singer sewing machines over six decades ago, Singer has strengthened its local manufacturing and the introduction of refrigerators and washing machines further stamped its local manufacturing footprint.”
The release said Regnis Lanka, a manufacturing subsidiary of Singer Sri Lanka is a leading manufacturer of high quality Singer/Sisil refrigerators and washing machines. Established in 1988, Regnis manufacturing facility from the very beginning was on par with the latest technology and introduced refrigerators and washing machine models to the market at various stages.
“The manufacturing facility continues to maintain high standards in the entire manufacturing process and deploy highly skilled technicians and R&D to constantly innovate to keep up with the current consumer trends.
“Singer has always been setting high standards in refrigerator manufacturing. The use of latest technology, high quality raw material and the focus on manufacturing 100% environmental friendly products are key attributes of the refrigerator manufacturing process.
“At a time when there was much debate about CFC chemical related to refrigerants, Singer became the first company to introduce CFC free refrigerators to South Asia, which is quite an achievement for Sri Lanka. Strengthening its local manufacturing process, Singer has so far produced over 1.5 million refrigerators in its three types of models- frost-free, direct cool and inverter.
“Much alike the refrigerator segment, Singer washing machines are a familiar sight in local households and are manufactured in different models such as semi auto and fully auto. Singer has produced over 0.6 million washing machines during the last decade. The Regnis manufacturing facility caters to 45% of the total refrigerator demand and around 33% of the total washing machine demand in Sri Lanka.
“Speaking on their local manufacturing strength, Mr. Kelum Kospelawatta, Factory Director, Regnis Lanka said “We believe that local manufacturing has the potential to drive the country’s economy forward by contributing to our domestic economy. We hope to further encourage the local manufacturing process, help small businesses and local manufacturers to grow with us. As part of the local manufacturing expansion, we have taken steps to provide training opportunities and necessary guidance for small business owners and self-employed people develop their businesses.”
The releasse further said even though, Singer has thrived in local manufacturing, it is indeed a complex process that cannot be handled by a company alone. It involves supply chains from various localities, raw material providers, technicians for factory operations, distribution and packaging processes, etc.
Local manufacturing has not only helped Singer to expedite the manufacturing process and introduce new products to the market, it has also opened up many opportunities for locals to set up their own businesses. The refrigerator and washing machine manufacturing business alone has generated over 400 direct and indirect employment opportunities and overall around 1000 families depend from this business, it said.
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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