Business
SLT-MOBITEL and ZTE sign MOU to collaborate for local device manufacturing and talent development
To unlock the potential of Sri Lanka’s digital economy and leverage advanced technologies, SLT-MOBITEL, the National ICT Solutions Provider signed a historic Memorandum of Understanding (MOU) with ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions to collaborate on manufacturing devices on a local scale.
The MOU was signed by Lalith Seneviratne, Group Chief Executive Officer, SLT, Priyantha Fernandez, Chief Operating Officer, SLT, Chandika Vitharana, Chief Executive Officer, Mobitel and Yang Chenhui, Director for Core Network for Asia-Pacific region, ZTE at The Embryo, Group R&D Center of SLT-MOBITEL at Trace Express city, Colombo 10. .
Rohan Fernando, Group Chairman, SLT, Yang Min, Chief Executive Officer, ZTE and Li Shuhai, Deputy Chief Executive Officer, ZTE also attended the signing ceremony together with senior management and executives from both companies.
According to the agreement, both parties have also agreed to collaborate based on a mutually beneficial framework of research and development facilitating greater cooperation in advancing the innovation landscape of the country.
Importantly, this is the first partnership of its kind in Sri Lanka with ZTE, demonstrating SLT-MOBITEL’s commitment to support the nation’s digitalization journey.
Commenting on the new partnership Rohan Fernando, Group Chairman stated, “We take great pride in announcing our MOU with ZTE Corporation, one of the leaders in advanced telecommunications technology. This strategic partnership supports SLT-MOBITEL’s efforts to incorporate best practices in manufacturing processes, accelerate the development of technological solutions and provide a world-class telecom infrastructure for the people of Sri Lanka leveraging the technical expertise of ZTE Corporation and while pursuing our vision of enriching people’s digital lives. We look forward to working with ZTE Corporation on this exciting new initiative.”
Yang Min, Chief Executive Officer, ZTE also gave his comments, saying, “We are pleased to partner with SLT-MOBITEL, the nation’s ICT leader, providing important technological developments and sharing of expertise supporting Sri Lanka to build an industry ecosystem based on open collaboration. We are encouraged to note Sri Lanka has an enabling environment providing international businesses the requisite confidence to invest especially in technological ventures, and also participate in the telecommunication revolution taking place in the country.”
Consequent to this landmark announcement, SLT-MOBITEL and ZTE signed a strategic Bilateral MOU in the areas of resource sharing and talent development programmes to be conducted at the SLT Training Centre (SLTTC), the company’s technical training institution. Lalith Seneviratne, Group Chief Executive Officer, SLT, Priyantha Fernandez, Chief Operating Officer, SLT, and Yang Min, Chief Executive Officer, ZTE signed on behalf of their respective institutions.
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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