Business
American Chamber of Commerce in Sri Lanka elects Shirendra Lawrence as president at 31st AGM
The American Chamber of Commerce in Sri Lanka (AmCham SL), part of the world’s largest business organization and network, the US Chamber of Commerce, recently commemorated its 31st Annual General Meeting and election of the Board of Directors.
In keeping with over three decades of tradition, the AGM was held under the esteemed patronage of Julie J. Chung, the US Ambassador in Sri Lanka, who during her remarks commended the member business community on its strength and resilience in the face of unprecedented economic circumstances, and commitment to ensuring that Sri Lanka not only recovers but comes back even stronger and wiser. She also expressed sentiments that Sri Lanka’s strategic location, strong infrastructure, and educated population could turn the country into a leader in a rising South Asia.
“Through investment, advocacy, and social responsibility AmCham has been part of the fabric that help Sri Lanka together over the last tumultuous year. I’ve seen the commitment of people in this room to the vision of a strong, resilient, and growing Sri Lanka. During my tours of U.S.-tied companies like Microsoft, FedEx, Revlon, Dell, Hayleys, Sysco, and Walters Bay, I’ve seen firsthand not just your strength and resilience in the face of the crisis, but also your intrepid commitment to growth.
“When I came to Sri Lanka, investors were asking when Sri Lanka would seek the IMF’s help to access the tools and best practices the country needed to begin its recovery. I want investors to ask now “where can I invest?” Sri Lanka’s strategic location, strong infrastructure, and educated population could turn the country into a leader in a rising South Asia. This crisis is an opportunity for Sri Lanka to learn from challenges of the past and move decisively toward a more stable, more inclusive, and more profitable future. This year, the 75th anniversary of relations between our countries, the United States is fully committed to a vision of a strong, resilient, and growing Sri Lanka. A strong economy that plays a key role in global supply chains. A resilient economy that can withstand the shocks in the global market. A growing economy that is creating wealth and opportunity for everyone, she said.
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.”