Business
Flexicare set to revolutionise medical product manufacturing in Sri Lanka
Flexicare Lanka – a fully owned subsidiary of Flexicare Group, U.K. – has set up a state-of-the-art modern manufacturing facility in Bandaragama with a total investment of over USD 15 Million. This is the first time in Sri Lanka’s history of manufacturing that such a state-of-the-art medical device production plant begins its operations in the country.
With over 90% of the production intended for exports, Sri Lanka is placed on the global medical consumable devices production map for the first time. Flexicare Lanka will be employing over 600 people as part of its first phase, as it gears up production from its current workforce of 150 with plans for a second expansion in due course.
The facility in Bandaragama began construction in 2019 and is now fully operational. In an event planned to mark this historic occasion, the site will be officially unveiled by the Finance Minister of The Democratic Socialist Republic of Sri Lanka, Honourable Basil Rajapakse on 17th November 2021.
“Flexicare has invested over $15m USD into this project to support the growing demand within the region for high quality medical products. Not only the first medical devices manufacturer in Sri Lanka, but working alongside with the BOI and government agencies, we are the first entity to have terminal ethylene oxide sterilisation technology introduced here which allows us to produce sterile products for our clinical environments,” states Ghassem Poormand, Chairman of Flexicare Group.
Additionally, Hash Poormand – Managing Director of Flexicare Group states: “With the advent of the COVID-19 pandemic, there has been no more an important time that life sustaining and lifesaving products are made available and accessible for our patients. Flexicare Lanka has been instrumental in ensuring that urgent medical devices were delivered across the world.”
Flexicare is a privately owned leading designer, manufacturer and supplier of medical devices backed by over 30 years of experience in the healthcare sector. Headquartered in the UK, Flexicare has expanded its international reach to over 110 countries, supported by wholly owned subsidiaries and scientific offices in the USA, South America, Netherlands, Germany, Italy, Turkey, Jordan, Egypt, India, Sri Lanka, Malaysia, Korea, China, Japan and Australia.
With state of the art, purpose-built manufacturing facilities in key markets, the company has continued to expand its operations and capabilities that serve to provide a vertically integrated business model that has full control over the production and supply chain of its anaesthesia and respiratory portfolio.
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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