Business
Dilmah and Good Life X launch The Lost Ingredients Lab
Helping agri-related SMEs and entrepreneurs innovate and scale sustainably
Post-pandemic health, economic and social challenges have made everyone re-think the current way of doing business. With increasing risks for supply chains to be affected by disruptions, building resilience is taking on ever-greater importance today. Sustainability and technology have a key role to play here. In fact, moving into eco-friendly value chains has proven to deliver higher financial gains while creating positive societal impact.
Dilmah Tea has teamed up with Good Life X to launch the Lost Ingredients Lab: a platform for Sri Lankan organic and regenerative agriculture and food sectors to integrate their value chains through innovation and collaboration. The Lost Ingredients Lab is an initiative under the ‘Support to Small and Medium Enterprises in the Organic Agriculture Sector’ Programme of the Multi-Donor Action (MDA) jointly co-financed by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The programme is aimed at creating investment opportunities in the domestic agri-food sector, emphasizing the growing importance of digitalizing the domestic organic food sector, and supporting organic food producers in Sri Lanka to access new markets, particularly in the EU.
“In addition to bringing key native ingredients to international markets, the project will engage SMEs and entrepreneurs in the process of innovation and sustainable growth. Participants will undergo an eight-month programme, in which the first phase focuses on research and development and the second phase concentrates on product development. This initiative could not come at a better time as Sri Lankan businesses face the need to adapt amidst unprecedented economic hardship,” a Dilmah ews release said.
“The key local ingredients have high nutritional value, health benefits, and unique properties of particular interest for international markets. SMEs and entrepreneurs who work directly and indirectly with these ingredients will have the opportunity to explore new markets and technologies and disrupt existing business models.
“Dilmah believes Sustainable Development Goal (SDG) 17: Partnership for the Goals is key to achieving the other 16 SDGS and drives conservation and restoration through its environmental sustainability arm: Dilmah Conservation. Dilmah has found Good Life X to be a like-minded technical partner for the Lost Ingredients Lab. An innovation and development catalyst, GLX provides critical knowledge and expertise to rapidly advance the prospects of South Asian startups, SMEs, and investors focusing on regeneration and innovation through their solutions.”
Follow @DilmahConservation and @GoodLifeX on Facebook, and Instagram for future updates.
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
