Business
Celebrating the artistry and essence of coffee
Lanka Coffee Association, in partnership with Australia’s Market Development Facility (MDF) and Jetwing Hotels, successfully hosted the second annual Sri Lankan Coffee Festival on 19 May 2023.
The coffee sector in Sri Lanka witnessed a notable transformation and attracted a multitude of market actors leading to significant growth in the industry. This surge in participation has propelled the industry to new heights. Recognising the unique opportunities to support the sector, MDF, supported by the Australian government, began working in the coffee industry in 2017.
A key activity that marked the comeback of the Sri Lankan coffee industry was hosting the first-ever Sri Lankan coffee festival by MDF in 2022. Following the success of this inaugural event, the Lanka Coffee Association (LCA), in partnership with MDF and Jetwing Group, hosted the second Sri Lankan Coffee Festival on the 19th of May at Jetwing Colombo 07. The Colombo Coffee Company, Temple Grounds and Soul Coffee were gold, silver and bronze sponsors for the event.
The Australian High Commissioner to Sri Lanka and Maldives, Paul Stephens, was the guest of honour at the festival and delivered the keynote address. He underlined Australia’s support to the growth of the specialty coffee sector in Sri Lanka and noted, “As a nation of coffee drinkers, Australia is pleased to see continued commitment towards developing the coffee sector in Sri Lanka on display here today.”
The 2023 Sri Lanka Coffee Festival showcased the quality and diversity of local coffee and emphasised the importance of promoting investment in this growing sector. The event featured various activities, including panel discussions on the “Upward Journey of the Coffee Industry in Sri Lanka: The Challenges Faced and The Way Forward”. Moreover, the festival provided an excellent platform for coffee growers, processors, and roasters to showcase their products and network with potential buyers and investors.
At the mini exhibition, Colombo Coffee Company, Temple Grounds, Soul Coffee, Helanta Coffee, Elpitiya Plantations, Valli products presented their coffee, allowing the public to experience the unique taste and aroma of locally grown coffee. Concurrently, the finals of the LCA Barista Championship took place.(Regional barista championships were hosted in Dambulla, Galle and Negombo regions throughout April). MDF has actively supported the coffee industry by collaborating with the private sector to improve production and the coffee quality while promoting the industry internationally.
Maryam Piracha, MDF Sri Lanka Country Director, expressed her delight at the successful completion of the 2023 Coffee Festival. She emphasised that MDF has made significant strides in developing and promoting speciality coffee through these events in collaboration with the LCA. MDF is confident that the coffee sector is on track to position Sri Lanka as a global coffee destination.
The audience experienced the unveiling of “Sri Lanka’s Coffee Renaissance: A Guide to the Speciality Coffee Industry” at the festival—a game-changing report by MDF. This report unlocks invaluable insights into the local specialty coffee sector and reveals key investment opportunities. To build on the synergies of coffee and tourism, Jetwing Group, Sri Lanka’s leading hotel chain, was the platinum sponsor for the event. Chairman of Jetwing, Symphony PLC, and The Lighthouse Hotel PLC, Hiran
Cooray added, “Tourism and coffee are like two perfect blends, each complementing the other in creating a unique and unforgettable experience for travellers seeking to discover the beauty and coffee culture of Sri Lanka. Being a part of the 2023 Coffee Festival was a great opportunity to showcase the growing coffee culture and its link to tourism.”
Rinosh Nasar, Chairman, Lanka Coffee Association mentioned, “The Sri Lankan Coffee Festival hosted by the LCA, is a celebration of our rich coffee heritage and the incredible opportunities ahead. At the LCA, we are focused on pushing the growth of the Sri Lankan coffee industry from plant to cup and uplifting the livelihood of our coffee farmers.”
The Australian government’s support has played a pivotal role in ensuring the success and rise of specialty coffee in Sri Lanka. MDF’s collaboration with coffee players in the sector has enabled the Australian government to strengthen bilateral ties between Australia and Sri Lanka, set to impact the global coffee community significantly.
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.”


