Business
Prime Group Crowned as the “Most Valuable Real Estate Consumer Brand” in Sri Lanka
Prime Lands Residencies ranked among the best of the best in real estate
Prime Lands Residencies PLC have been ranked the most valuable real estate brand in Sri Lanka for the year 2021 by Brand Finance – in LMD’s brands annual guide to Sri Lanka’s most valuable brands. The theme for the year was ‘comfort amid volatility’.
“Despite expectations that the pandemic would wane, 2021 was no different to the previous year – the multitude of challenges continued to affect us all. This has put enormous stress on businesses, brands, the economy and consumer purchasing power, in particular,” said Ruchi Gunewardene, Chairman of Brand Finance Lanka. “The 2021 year’s analysis of brands has been carried out in the context of this volatile background and economic upheaval. How brands adapt to evolving external factors is paramount to business sustainability.”
“We are honored with this endorsement of the Prime Group as a household Brand,” said Co-Chairperson of the Prime Group, Sandamini Perera. “We stand firm in our commitment to contributing towards making Sri Lanka a strong economy with the highest standards in real estate.”
Introducing the brand valuations, Gunewardene said that the brand valuation study is entirely fact-based, using extensive market research and publicly available company financial information.
“We’re humbled to be the leading real estate consumer brand in Sri Lanka, and recognized as “The Best of The Best” and most valuable consumer brands in the country,” said Perera. “LMD has ranked us as the Most Respected Real Estate organization for four years and Most Awarded Real Estate Entity for two consecutive years. Great Place to Work has recognized us for six years as a team that works with commitment, passion and purpose.”
Prime Group is Sri Lanka’s first and highest credit rated real estate group to achieve [SL] A (Stable) rating from ICRA Lanka Limited, a subsidiary of Moody’s Investor Service. Prime Group has ongoing and completed projects with a portfolio of 30+ individual housing projects, land projects spread across 18 districts in the country and 43+ apartment projects located in Colombo and the suburbs.
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
