Business
Dilmah initiated Merrill J. Fernando Innovation Awards 2021 Unveils Winner
The Merrill J. Fernando Innovation Awards – ECOVATION – first took place in 2016, seeking to encourage practical or scientific innovation amongst youth, women and men in academia or any field, in designing creative and impactful solutions to our most urgent ecological issues. The award ceremony for Ecovation 2021 was held on March 31, 2022 at the Dilmah Tea head-office premises. The included an exhibition showcasing the Top 10 eco-innovations from the competition with the aim of motivating the innovators and inspiring patrons to think of sustainable and eco-friendly solutions to the problems we face today.
Representing the eminent panel of judges, the event was graced by Prof. Ilmi Hewajulige, Additional Director General of R&D at ITI, Ms. Pathma Abeykoon, Operational Focal Point Biodiversity Secretariat, Ministry of Environment, while Ms. Shiranee Yasaratne, Advisor, Biodiversity Sri Lanka joined the festivities via Zoom. Other members of the panel included, Prof. Ajith de Alwis, Dean, Faculty of Graduate Studies, University of Moratuwa, Mr. Jeevan Gnanam, CEO of SAKS Global, and Ms. Savera Weerasinghe, Founder of Ananta Sustainables.
“Understanding that the traditional ‘take-make-dispose’ culture has had devastating impacts on people and planet; eco-innovations ideally address these environmental and social problems, among others, and upgrade the means used to tackle these issues. ECOVATION Awards 2021 sort out eco-innovative ideas and prototypes under the theme “Circular Economy for a Sustainable Future” and focused specifically on sustainable packaging, resource efficiency, and waste management,” a news release on the event said.
“The winner of ECOVATION 2021 was the innovator-duo Professor Rangika Halwatura and Himahansi Galkanda, affiliated to the University of Moratuwa, who created an eco-friendly wall-putty out of waste alum sludge. In addition to being honoured as winner of Ecovation 2021 with the Merrill J Fernando Innovation Awards 2021 trophy, the duo received a cash prize of Rs 750,000. “
In second place was Sudhara Jayakody, also affiliated to the University of Moratuwa, with his Eco Crumbler – “earthworm pet home” – a solution devised to help city dwellers deal with accumulating household food waste. Chosen in third place was Gamini Priyantha Alexander, from Nature’s Paper (Pvt) Ltd, a formidable eco-entrepreneur, who has been creating eco-friendly packaging alternatives out of paper waste and agricultural waste as well as invasive plants.
The second place and third place winners received cash prizes of Rs. 500,000 and Rs. 250,000 respectively. The remaining top 10 were also awarded with cash prizes of Rs 50,000 each towards their continuing eco innovation journey.
“The Merrill J. Fernando Innovation Awards aspires eco-innovators to showcase their product, and acts as space for knowledge-sharing and growth. Going beyond the boundaries of a traditional competition, ECOVATION seeks to work closely with the winning innovators to adapt and scale-up to suit the existing market needs. Furthermore, the winning innovators will be provided legal support to protect the intellectual property rights of the respective eco-innovators, the release said.
It explained that this edition of the awards saw 64 aspiring eco-innovators sending in their eco-friendly ideas and prototypes. These eco-innovations were then scored on their innovativeness, but most importantly on adaptability, scalability and practicality. After thorough screening by the judges, the Top 16 eco-innovators were given the opportunity of interacting closely with the panel to improve their concepts and prototypes.
As the panel included groundbreakers from various disciplines and fields; these eco-innovators were provided with invaluable feedback, constructive criticism and insightful suggestions on how to better their eco-innovations, in the areas of material sourcing, production, design, marketing, budgeting, financing and scaling-up. The applicants were then allowed a period of two months to apply relevant suggestions and further strengthen their innovations, after which they made their final presentations to the same panel, the release said.
“Ecovation will evolve in 2022 into a component of Dilmah’s Genesis Project, an initiative to promote the importance of building back better with Nature-based Solutions (NbS), for the welfare of people, reducing inequality and strengthening climate resilience through sustainable agricultural entrepreneurship. Like ECOVATION, that is a platform for innovators to connect and interact with corporates and government institutions, the Genesis Project will act as a platform for various stakeholders and institutes to network and lobby for various purposes that benefit people and planet,” it concluded.
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.”