Business
‘Gal Oya – critical pillar of social upliftment in Ampara’
‘Although the factory had been abandoned for over a decade, the Browns Group evinced an interest in reviving the erstwhile Hingurana Sugar Factory. Now known as Gal Oya Plantations, it was revived 15 years ago in 2007 as a joint venture between the Government and a consortium of private sector investors, comprising Brown and Company PLC and LOLC Holdings PLC in a unique Public-Private Partnership. Apart from the mammoth investment that went into resuscitating the factory, a key challenge for Gal Oya Plantations was to convince local farmers to revert to sugarcane cultivation, not an easy task considering their previous negative experience, an LOLC press release said.
‘However, encouraged by the trustworthy LOLC brand and the viable plan from the management to revive the factory, many farmers came onboard. Even though finding skilled labour in the area was a challenge, LOLC managed to hire skilled labourers and restart the factory. Making steady progress year after year, the resumption of the sugar factory has ushered in unimaginable prosperity into the lives of these farmers who took a leap of faith with Gal Oya Plantations. Apart from providing farmers with a means of income, the company has constructed better infrastructure around the factory premises by building irrigation, roads and drainage, thereby uplifting the surrounding community, the release added.
Extracts from the release; ‘The thriving sugar plantation today employs about 1,300 direct employees across 8,500 Ha of agri land. About 8,000 farmers are engaged in sugarcane cultivation and over 30,000 people gain indirect employment from this project. Gal Oya Plantations has successfully become one of the largest employers in the area. Under its solid leadership, Gal Oya Plantations has provided tremendous support and welfare for farmers. Its farmer community was able to overcome the fertilizer shortage, since Gal Oya recycles 100% of its sugarcane waste into organic fertilizer, which is then sold to farmers at concessionary rates. In 2022/23, farmers will receive a portion of the highest-ever profits earned by Gal Oya for the first time in its history.
‘Gal Oya has provided support to all local temples, churches and mosques over the last decade. During the power shortage period, generators were provided for 30 religious places to sustain operations. In addition, 1,000kg of sugar is provided free for functions organized by local religious and social institutions. More than 45 water bowsers are provided annually for occasions hosted by army camps, police stations, schools, preschools and other societies in the area.’
‘As a key employer in the area and integral to the lives and livelihoods of the local community, Gal Oya considers it its duty to help the community by fulfilling countless requests. Focusing on the welfare of children, Gal Oya organizes a School Children Nutrition programme for nearly 2,000 students at a value of Rs. 400,000 per week. The company also constructed a children’s park at Deegawapi Dutugemunu Vidyalaya. It sponsors the cleaning of playgrounds, police stations, schools, preschools and other organizations as and when requested. A dwelling for ailing monks is scheduled for construction in Aranthalawa by the company at a cost of Rs. 7.5 million. Moreover, blood donation camps are held annually with the participation of Gal Oya employees.
‘Venerable Poddiwela Saddharma Keerthi Sri Chandananda Nayaka Thero of the Viharadhipathi – Deeghavapi Pariwara Chaitya Rajamaha Vihara noted, “The Hingurana area became like a grave when the earlier sugar factory closed down. It was a very sad situation. But since Gal Oya was established, the Hingurana town has flourished. Gal Oya dutifully donates to various public religious and national missions. By helping ‘Viharas’ and temples in the area, the company provides a great service for the welfare of the farmers. And we cannot forget its noble mission of uplifting the school system and building future generations. We can clearly see that Gal Oya’s journey is on the correct path.”
‘Engaged in sugarcane cultivation, Mallika says, “I have been growing sugarcane for about
10 years now and am making a tidy profit. Gal Oya does everything for us – even providing fertilizer and fuel, and helping in land preparation. The company even helps in the cutting and transport of the sugarcane crop. Once the sugarcane is harvested, the money is given to us within 10-15 days. Thanks to Gal Oya, we can sustain our families and even save money.”
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.”