Business
Litro now accepts dollar payments; new feature targeting expats allows remote ordering from anywhere in the world
Local market leader in LPG, Litro Gas Lanka Limited, recently introduced a new feature on their Home Delivery App allowing expats to order LPG for their loved ones back home & make payments via USD. This is a creative addition to their already extensive portfolio of services as well as a creative solution to the current dollar crunch facing Sri Lanka.
Commenting on the new feature, Chairman of Litro Gas Lanka Limited Muditha Peiris noted: “As the market leader in Sri Lanka for LPG with over 80% market share, we are constantly looking for new ways to improve our user experience. As such, the new feature allows expats to arrange convenient doorstep delivery of LPG for their loved ones as well as to pay in USD for same which is a much-needed respite for the economy.”
“Our extensive distributor network ensures all deliveries are swiftly arranged within a short period of time. This relieves the consumer of having to travel back and forth with a cylinder, which is both tedious and costly” he added.
The Chairman further said that this feature was introduced as a tribute to expats/migrant workers who keep the economy afloat. He said that this was a simple gesture to honour their hard work by making life easy for their loved ones back home.
Since the appointment of the new Chairman, many supply side issues of Litro have been resolved and, despite the inflation, the Company has managed to revise the product prices giving customers a relief during the present economic downturn. This is particularly noteworthy as it disproves speculations of a price hike.
Litro was the first essential service to eliminate long queues amidst the forex crisis. This was done by procuring 100,000 MT of LPG, the requirement for four months, with World Bank funding. Litro also singlehandedly catered to the domestic segment by delivering 2.2mn cylinders over a period of 20 days when the main competitor temporarily suspended operations.
Litro continues to be one of Sri Lanka’s few profit-making SOEs setting the precedent for other State-Owned businesses. This progress is attributable to Litro’s focus on technology & innovation. Litro’s Home Delivery App, launched in July 2020 at the peak of the global pandemic, is an example for the Company’s passion to make products & services more broadly accessible via technology.
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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