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‘Highest ever export earnings from tea, rubber and cinnamon this year’

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Exports of rubber, coconut, and cinnamon have generated US $ 4 billion in export earnings this year, Plantation Minister Dr. Ramesh Pathirana said.

“This year is the golden year of the plantation industry despite some issues,” the minister said.

The Minister made this observation while participating in a function organized at the Apegama premises in Battaramulla to recognize the officers who have completed 25 years of service in the Tea Small Holdings Development Authority.

The Minister said the plantation industry and agriculture faced a severe crisis this year. “Even at that moment, the crises have not been resolved. Those crises arose with the ban on fertilizer. But we have already found solutions to the problem. So, do not hesitate to get involved in the plantation industry. But, whatever the challenges, we are committed to making the tea industry a profitable industry next year. The Tea Small Holdings Development Authority has a special role to play in carrying out that task.

“Despite the crisis, this year has been a golden year for the plantation industry. Nearly US $ 4 billion is expected to be earned from the export of rubber, coconut, and cinnamon this year. This will be the highest export earnings we receive the first time in history. Despite the potential for high export earnings from the tea industry, it was missed. But there is a potential to harvest about 305 million kilos of tea this year. We are ready to meet the problems that we have faced this year and face them in a new way next year as well. As a government, we are ready to provide maximum assistance for the purpose,” he said.

Minister Pathirana said that this year has been a year of high tea replanting. We are also ready to provide tea plants and compost fertilizer free of charge to anyone who wishes to grow tea. Now we need to go beyond traditional cultivation. Only then, we will be able to build a better plantation economy. A large number of people have already asked for tea plants. It is our responsibility to provide them with the necessary technical know-how and high-yielding tea plants.

The Government has given permission to import fertilizer again. Therefore, the country will receive sufficient fertilizer by February. But now the price of fertilizer in the world market has gone up. Due to this, a problem has arisen in our country regarding the price of fertilizer.

He said that as per the plans, discussions are already underway to give a higher price for the green leaf at a low-price next year.

State Minister of Company Establishment Reforms, Tea Estate Crops, Tea Factory Modernization, and Tea Export Diversification Kanaka Herath, Secretary to the Ministry of Plantation Ravindra Hewawitharana, Secretary to the State Ministry Tilakaratne Banda, Chairman of the Tea Small Holdings Development Authority Dr. Thushara Priyadarshana, and Chairman of the Sri Lanka Tea Board Jayampathi Molligoda were also present.



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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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.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

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.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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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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