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President makes case for govt.-private sector collaboration in establishing universities

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President Wickremesinghe doing a tour of SLIIT Kandy Uni

SLIIT is embarking on a new chapter, expanding horizons with the official opening of SLIIT Kandy Uni, in Pallakele; the latest addition to the SLIIT network is set to redefine the educational landscape in Sri Lanka, a SLIIT press release said.

The release went on to say: ‘The new facility offering a state-of-the-art teaching and learning environment and modern amenities was ceremonially opened by President Ranil Wickremesinghe, on October 9, on the invitation extended by SLIIT Chancellor, Professor L. L. Ratnayake and Vice-Chancellor, Professor Lalith Gamage, along with the presence of other guests. The inauguration of SLIIT Kandy Uni marks a significant milestone in SLIIT’s mission to provide accessible and quality education to aspiring local and international students in the picturesque city of Kandy.

‘At the event, President Wickremesinghe emphasized that Sri Lanka’s path to economic prosperity hinges on its geographical location and its human resources. He also highlighted the successes of countries like Singapore and Hong Kong, which have flourished by harnessing their workforce effectively. Following the unveiling of the commemorative plaque, the President inaugurated the university and conducted an on-site tour, engaging with students to learn about their educational endeavours.

‘Expressing his views further, President Wickremesinghe said;

“There are plans in motion to establish these universities through a collaborative effort between the government and the private sector. A key focus has been placed on reinvesting profits into these universities and the possibility of profit-sharing universities is being explored.

“Our vision is to advance towards a green economy, a digital economy and a technology-driven economy, all of which necessitate a robust institutional framework. This endeavour is a collective effort and I extend my gratitude to all those who have contributed to these endeavours today. When we observe the remarkable talents displayed by these students, it becomes evident that our country holds the potential for a bright future. In doing so, we have the opportunity to transform the historically significant Kandy area into a burgeoning technology hub.”



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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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.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

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.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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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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