Business
Elpitiya Plantations Annual Report among the 10 Best Integrated Reports and Sector Winner
The Annual Report themed ‘Making Inimitable History’ of Elpitiya Plantations PLC 2020/21 was selected as one of the ‘Ten Best Integrated Reports’ at the CMA Excellence in Integrated Reporting Awards 2021. Elpitiya Plantations PLC also was crowned the winner in the Plantations Sector. The dual recognition attests to Elpitiya Plantations (EPP) efforts to align its reporting practice with the triple bottom line approach the company has taken in creating value for all its stakeholders.
Elpitiya Plantations annual report theme ‘Making Inimitable History’ speaks of a groundbreaking and extraordinary year of profit and progress underpinned in the meticulously planned strategy and its committed team with a future ready attitude. Having faced seemingly insurmountable circumstances and uncertainty, the company achieved historic results.
Since adopting the Integrated Reporting Framework in 2018/19, EPP has consistently strived to enhance the quality, relevance and readability the report. The Company’s corporate reporting is directly aligned to its integrated approach towards value creation with economic, social and environmental sustainability forming a key input in their strategy and decision making. The Annual Report is concise yet presents a balanced overview on how EPP utilises its capital inputs to deliver outputs and stakeholder outcomes.
The company’s integrated, transformational strategy centers on 3 key pillars – Agriculture and processing strategy, Diversification Strategy and the Sustainability Strategy. The strategy also places emphasis on key areas such as stakeholder needs, corporate governance, challenges and opportunities stemming from the operating landscape and the short, medium and long-term outlook.
“We are truly grateful and honoured to have received two awards within a short-span of our integrated reporting journey and for having been recognised among many other reputed organisations. Our Annual Report clearly demonstrates how our well-embedded strategy contributes to the Company’s value creation objectives during the financial year. Moreover, we have continued to improve the qualitative and quantitative disclosures on our strategic performance, sustainability and value creation”, commented Mr. Bhathiya Bulumulla, CEO/ Director of Elpitiya Plantations PLC.
Elpitiya Plantations PLC managed by Aitken Spence Plantation Managements PLC also received the Silver Award in the Plantation Sector, at the 56th Annual Report Awards organised by the Chartered Accountants Institute of Sri Lanka.
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.”
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