Business
Omega Line recognized for its economic contribution at the Best Corporate Citizen Sustainability Awards
Omega Line Ltd, a prominent apparel exporter in Sri Lanka affiliated with the Italy-based Calzedonia Group (now known as Oniverse), recently clinched the esteemed ‘Category Award Winner – Economic Contribution’ accolade at the Best Corporate Citizen Sustainability Awards hosted by the Ceylon Chamber of Commerce.
Specializing in corsetry and beachwear, Omega Line currently boasts an annual production and export volume exceeding 100 30 million garments, sustaining a diverse and vibrant workforce of over 4,500 individuals, with a significant majority of over 90 percent being women, while also fostering opportunities for youth inclusion and development. The company is steadfastly advancing its domestic fabric manufacturing capacities through collaborations with local suppliers, aiming for a more resilient and adaptable supply chain.
Felix Fernando, the CEO and Managing Director at Omega Line, remarked, “This recognition underscores the relentless dedication of our talented workforce, whose efforts have propelled us forward. Our commitment to innovation and impactful solutions has significantly contributed to the local economy.”
Omega Line Ltd is a part of the Omega Group, a major player in the sector, employing over 15,500 individuals in Sri Lanka and exporting nearly 200 million garments last year. Despite prevailing economic challenges, Omega Group’s turnover exceeded USD 600 million last year, with investments totaling over USD 350 million across its four legal entities in the country.
Marking its 25th year, Omega Line, and its parent company, Calzedonia, have thrived on the success of Sri Lanka, expanding from fewer than 300 sales outlets in 1999 to over 5,500 outlets across 55 countries presently. Omega’s remarkable growth trajectory has garnered global recognition, significantly impacting the intimate apparel market’s development.
Omega Line exemplifies unwavering commitment to social responsibility, serving as a beacon of corporate citizenship in Sri Lanka. Through diverse initiatives, the company actively supports local entrepreneurs, fosters infrastructure development, and invests in learning and development programs.
Prioritizing employee development, Omega Line goes beyond imparting technical skills to encompass essential life skills like financial management, communication, and personal grooming. This fosters an empowering culture while driving organizational growth. Effective communication strategies and streamlined policies enhance engagement, fueling innovation and fostering a positive work environment. Additionally, Omega Line invests significantly in employee well-being, offering various benefits such as cash advances, housing loans, and medical care.
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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