Business
Dialog Axiata recognised as the Most Significant FDI Contributor by BOI
In a significant acknowledgment of its contribution towards the development and growth of the national economy, Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, was recognised by the Board of Investment (BOI) as the Most Significant FDI Contributor. This prestigious accolade, presented during the BOI’s 45th anniversary celebrations, underscores Dialog’s unwavering commitment to driving forward Sri Lanka’s economic development as the country’s largest Foreign Direct Investor, with investments totalling USD 3.25 Billion to date.
The Board of Investment Awards programme was incepted to recognise a wide spectrum of enterprises that have demonstrated resilience, innovative capabilities, and remarkable agility in navigating the global marketplace. This recognition is part of the BOI’s mandate to facilitate significant Foreign Direct Investment (FDI) projects that have helped shape and transform Sri Lanka’s Economy. Held at the Presidential Secretariat, the ceremony saw the President of Sri Lanka, Ranil Wickremesinghe bestowing 30 awards on companies that have made noteworthy contributions to foreign direct investment, export performance, and the broader economic landscape of Sri Lanka.
Commenting, Dinesh Weerakkody, Chairman of the Board of Investment of Sri Lanka said, “We are pleased to recognize Dialog Axiata as a significant FDI contributor and its contribution to Sri Lanka’s economy. It is this spirit that the BOI Awards seeks to recognize – a testament to our collective resilience and ambition.”
“We are honoured to receive this distinction from the Board of Investment of Sri Lanka,” stated Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC. “This recognition reflects our significant investment in Sri Lanka along with our commitment to fostering a resilient, competitive economy. It reiterates our dedication to the nation’s growth and our promise to continue being a catalyst for innovation and development.”
The award highlights Dialog Axiata’s extensive contributions to the Sri Lankan economy, reinforcing its position as a leader in driving economic growth and innovation. As Dialog continues to invest in the country’s future, this recognition by the BOI serves as a testament to the company’s enduring commitment to enhancing Sri Lanka’s global competitiveness and economic stature.
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
