Business
Be patient, I will gradually turn the ailing economy around: PM
‘We will certainly repay friendly countries that support us with funds’
by Sanath Nanayakkare
Prime Minister Ranil Wickremasinghe said on Saturday that he would gradually turn around the difficult situation faced by families of the country and create a situation where they can feed themselves three times a day.He said so responding to a question posed by the BBC whether he had some kind of timeline for turning around the ailing economy, acute shortages and queues snaking through the roads for fuel, LP gas, milk powder etc.
“Whenever I functioned as prime minister of the country, I always ensured that people were able to have three meals a day. So I want to end this era of queues and shortages and create an environment where they can go back to their normal way of living,” he said.
When asked whether he would get the support of the parliament to do that, he said,”I will have the approval of the parliament to engage in the work that needs to be done. Some will support and some others will oppose it, but I am looking to get the support of everyone to achieve this objective urgently.”When asked whether he could get on well with the President to get his plans executed, he said,” I will do my part. I will act to restore the economy. I will help preserve the rights of the people. We have agreed that GotaGoHome should continue to exist. Now we are discussing the facilities we should give these youths to promote their cause. There’s another group which clamours ‘Ranil go home’. I’m a man who was born in Colombo, and this is my home, and I have no place else to go,” he said.Responding to a question on the May 9 incident that incited violence in many parts of the country he said, “I have told the IGP to take necessary action. I will follow up on the progress made into the investigations.”
Talking about the international support for Sri Lanka to get over the crisis situation he said,” I met with a number of ambassadors. I have a good rapport with them. So let’s see what can be done. We need to have discussions with the IMF as well. If we can get our macro economy in good shape and convey the message to the world that we are acting with proper fiscal discipline, other friendly countries will also step forward to help us.”
“I am going to change many of the policies of the Rajapakasa government,” he said.
“The next few weeks will turn out to be the most difficult period for us. Today the voice of the youth has emerged because of the issues they face. GotaGoGama is a symbol of that. We will preserve that site through the functioning of a committee and we should provide it the facilities it needs. These youths should administer that site, not the government. We have to support it. They have sent me eight proposals and I would like to discuss with them. We have to transform things by listening to them.”
Asked what his message to the internal community was, he said,” We need your support to get back on our feet. We need your financial assistance for a year. The funds we receive from you, we will certainly repay.”
Wickremesinghe in his message for the Vesak Full Moon Poya Day said, “As conveyed in Buddha’s preaching to the rulers of Licchavi Kingdom, Sri Lankans should also gather and take decisions in unity to come out of this crisis situation that has befallen the country.
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.”


