Business
MAS Holdings secures 16 Presidential Export Honours
The global apparel and textile giant, MAS Holdings, announced the resounding accomplishment of its subsidiaries, MAS Active Trading (Pvt) Ltd and MAS Intimates (Pvt) Ltd, at the distinguished Presidential Exports Awards for 2021/22 and 2022/23. In recognition of the company’s contribution to Sri Lanka’s export sector, MAS Active (Active and KREEDA divisions) secured Sri Lanka’s overall Exporter of the Year Award for two years 2021/22 and 2022/23. Alongside these two most coveted awards, together, MAS Active and MAS Intimates, secured a total of 16 awards at the event. This recognition of MAS’ contributions to Sri Lanka’s export sector solidifies the company’s standing as an industry leader and critical player in the nation’s economy.
A Remarkable Double Triumph – MAS Active Trading (Pvt) Limited
MAS Active (Active and KREEDA divisions), celebrated a remarkable victory in addition to the two Overall Exporter Awards for both years, winning the Overall Market Diversified Exporter of the Year, the Best Performing Exporter in Emerging Markets, and a Merit Award in the Apparel Sector – Large Category for 2021/22.
Continuing its winning streak MAS Active secured the awards for Contributor to Sustainable Development in Exports, Innovative Export Product of the Year, Best Performing Exporter in Emerging Markets, and the Best Exporter Award in the Apparel Sector – Large Category for 2022/23.
Pioneering Excellence – MAS Intimates Private Limited
During the 2021/22 cycle, MAS Intimates demonstrated unparalleled excellence in the export domain. The company not only secured the Overall Award for Net Foreign Exchange Earner of the Year but was also awarded as the Best Exporter in Product Diversification and was recognized as the Contributor from the Regions to the Export Supply Chain as well as the Best Exporter in the Apparel Sector – Large Category.
Building on this success, MAS Intimates continued its outstanding performance in 2022/23. The company secured the Overall Award for Net Foreign Exchange Earner of the Year and was recognized as Contributor from the Regions to the Export Supply Chain. Adding to the accolades, MAS Intimates received a Merit Award in the Apparel Sector – Large Category, further solidifying its standing as a key player in the global export market.
These victories collectively underscore MAS’ position as an undisputed leader in Sri Lanka’s export landscape. As a global apparel and textile manufacturer with a diverse portfolio of brands, MAS Holdings continues to set industry benchmarks and plays a pivotal role in the economic development of Sri Lanka and the wider apparel industry.
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
