Business
Govt planning to establish Digital Exchange Agency in Sri Lanka
President Ranil Wickremesighe recently confirmed the Government’s commitment to advancing digital economy, announcing plans to establish a new digital exchange agency in Sri Lanka, and to allocate funding for Artificial Intelligence (AI) initiatives.
The President said so at an awards ceremony held at the Presidential Secretariat recently to mark the celebration of the 45th anniversary of the BOI.
Virtusa Corporation, a global provider of digital business strategy, digital engineering, and IT services and solutions, was recognized as one of the Most Outstanding Exporters in the Services category by the Board of Investment of Sri Lanka (BOI), at this ceremony.
Virtusa was among 30 organizations that were felicitated by the BOI for their significant contributions in export performance and foreign direct investment (FDI). The award ceremony – participated by President Ranil Wickremesinghe, Minister of Investment Promotion Dilum Amunugama, and BOI Chairman Dinesh Weerakkody – was held in celebration of the 45th anniversary of the BOI.
President Wickremesinghe commended the pivotal role played by companies under the purview of the Board of Investment in driving Sri Lanka’s economic growth, commenting that the country’s next endeavor is to evolve into a highly competitive, export-oriented economy. The ceremony also provided the ideal platform for the President to confirm the Government’s commitment to advancing the digital economy, announcing plans to establish a new digital exchange agency in Sri Lanka, and allocate funding for Artificial Intelligence (AI) initiatives.
“We are honored to receive this accolade from the Board of Investment of Sri Lanka in recognition of not only Virtusa’s contribution to the export performance of the country, but also our dedication towards driving growth across the technology services industry of Sri Lanka over the last five years,” Shehan Warusavithana, Senior Vice President – Technology at Virtusa commented. “It is also testament to the relentless pursuit of excellence by every member of our team in Sri Lanka, without whom this milestone achievement would not have been possible.”
Virtusa Corporation is a global provider of digital engineering and technology services and solutions for Forbes Global 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries.
Shehan Warusavithana, Senior Vice President – Technology accepted the award from President Wickremesinghe on behalf of Virtusa during the event, with Denver De Zylva, Senior Vice President and Global Head of Sustainability and Facilities also present at the event.
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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