Business
Janashakthi Foundation partners with CEPA and YUMA Foundation to produce trilingual inequality research report
Janashakthi Foundation, the Philanthropic arm of Janashakthi Group, partnered with the Centre for Poverty Analysis (CEPA) and YUMA Foundation, to jointly sponsor Sri Lanka’s first Inequality Report. An agreement was signed recently, between the partners by signatories Ramesh Schaffter, Managing Director / Group CEO of Janashakthi Group, Karin Fernando, Acting Executive Director of CEPA and Christoph Feyen, Director of YUMA Foundation.
The research of the pilot phase of the project launched in July 2022 will be conducted over a 3-year period. The data of this study will be compiled and published as ‘The Inequality Report (TIER).’ The project intends to deepen the understanding of inequality, bringing together research, policy and dialogue. The first report to be launched in 2023 will specifically focus on the topics of income inequality, education inequality and inequalities in social protection. The report will be published in English, Sinhala, and Tamil and will capture the various dimensions of socio-economic inequalities and their implications. Prevalence, severity, changes, distribution of inequalities and implications will also be addressed in this research along with appropriate recommendations to reduce inequalities and associated problems. The project hopes to evolve over the next three years to become the flagship reference literature on inequality for Sri Lanka.
“Since its inception, Janashakthi has been a long-term supporter of nation building initiatives and we have always recognized our responsibility to support the nation. We have partnered with CEPA and YUMA Foundation to produce Sri Lanka’s first Inequality Research Report as a first step to identify the problem areas and take necessary actions to curb inequality in these turbulent times. The inequality challenge is global and is identified as one of the key areas that hinders development and economic growth. Together, we must take action to tackle deep-seated as well as emerging inequalities. We firmly believe that the research findings of this report will guide Janashakthi Foundation and other organizations as well as the government to strategically identify specific areas of concern and communities that are in need of help, to bridge the inequality gap,” commented Ramesh Schaffter, Managing Director / Group CEO of Janashakthi Group.
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.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
