Business
People live longer thanks to hi-tech and superior health care but NCDs rising
Durdans boosts profit 24% in 2019/20
Ceylon Hospitals PLC, owners of the Durdans Hospital now entering its 75th year, among the lead players in the country’s private health care industry, has closed a challenging year ended March 31, 2020, increasing its net profit 24% to Rs. 467 million on revenue of Rs. 5.98 billion, up from Rs. 5.81 billion a year earlier, the company’s recently published annual report said.
Durdans’ Executive Chairman Ajith Tudawe said that the Easter bomb as well as the Covid pandemic that followed at the end of the financial year had far-reaching effects globally on human lives and economic activities.
With non-communicable diseases (NCDs) on the rise, driven by changes in diet, environmental conditions and stress of modern urban living, the health care industry needed to deliver efficient care and long term-value to all stakeholders in their industry, he noted.
“Advancement in technology as well as well as superior healthcare has led to longevity of life,” Tudawe said. “Yet it also results in an aging population, an issue faced by all regions in the world. This is an issue that the present Sri Lankan social welfare system is not equipped to handle.”
Focusing on opportunities for growth, Tudawe said: “We are now even more confident that our plans to develop a more broad-based customer-centric business model will enable the company to explore new avenues of success and growth.”
Dr. Harsha Baranage, the hospital’s Medical Director stressed the importance of the human healing touch “despite the digitization and modern technology invading the industry.” He said that this approach from the Customer Relations Officer to the Specialist Consultant “is crucial to empathize with the patient.”
Durdans Management Services Ltd., in which several Ceylon Hospitals Directors are interested, is the company’s top voting shareholder with 68.12% of the company followed by the EPF (4.22%), and Lawrence Tudawe Management Services (Pvt) Ltd. (2.35%).
Durdans Management Services (22.47%) followed by the EPF (13.83%) are the top non-voing share owners.
The directors of the company are: Messrs. AE Tudawe (executive chairman), Dr. ADPA Wijegoonewardene (senior vice president – medical), UD Tudawe (executive vice-president), AS Tudawe (executive), while Messrs. YNR Piyasena, AS Abeywardene, SM Ismail, ADB Talwatte, and AVR de S. Jayatillake are independent non-executive directors.
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
