Business
Bridging Excellence: A union of innovation and expertise in the transformer industry
In the dynamic landscape of the transformer industry, where innovation meets expertise, two industry giants, Lanka Transformers Ltd and APAR Industries Ltd, have forged an alliance that promises to redefine standards and elevate benchmarks.
This alliance comes as a culmination of rigorous evaluation and meticulous selection, with APAR clinching the bid to supply bulk volumes of Transformer Oils to Lanka Transformers Ltd.Established in 1980 as a joint venture between the Ceylon Electricity Board and Bonar Long of Scotland, Lanka Transformers Ltd has emerged as a beacon of excellence in transformer manufacturing.
With nearly four decades of unwavering commitment to quality and innovation, the company has earned a formidable reputation both locally and globally. Their latest endeavour involves supplying 300 units of 150kVA amorphous transformers to Mauritius, further cementing their position as industry leaders.Embarking on a transformative journey over five decades ago, APAR has evolved into India’s largest private blender and marketer of specialty oils.
Their remarkable ascent to dominance, with annual volumes reaching 400,000 KL in India and 120,000 KL in the UAE, their success is a testament to their unwavering dedication and relentless pursuit of excellence. Offering an extensive range of over 350 grade oils, including 500+ variants of transformer oils, white oils, petroleum jelly and process oils, APAR is an example of versatility and innovation.
As the sole distributor for APAR Industries Ltd in Sri Lanka & Maldives, Ideal Premier [Pvt] Ltd brings a wealth of local expertise and insight to the partnership. With a proven track record in the automotive industry spanning over a decade, they have earned the trust and admiration of customers through their unwavering commitment to excellence. Backed by a legacy of customer satisfaction and a deep understanding of the local market dynamics, Ideal Premier adds an invaluable dimension to this collaboration.
This partnership between Lanka Transformers Ltd and APAR Industries Ltd heralds a new era of innovation and collaboration in the transformer industry. As they join forces to deliver unparalleled quality and service to customers, the stage is set for a transformative journey that will shape the future of the industry. With innovation as their compass and expertise as their foundation, this union promises to bridge excellence and illuminate pathways to success.
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.”