Business
Sri Lanka’s 5G abilities to benefit local consumers: vivo Sri Lanka
With the government’s active interest and steps for the enrolment of 5G technology, Sri Lanka has witnessed a rapid rise in 5G development projects, fibre network, spectrum auction and live 5G trials which have built a strong interest and knack for the technology, vivo technology brand in Sri Lanka says.
“5G private networks are being welcomed by the government to ensure that brands bring along novel measures to uplift Sri Lanka and its vision of becoming a digital economy. According to a recent report, live trials of 5G over a commercial network resulted in Internet speed of over 1.9 gigabytes per second in Sri Lanka. Additionally, the National Policy Framework (NPF) named “Vistas of Prosperity and Splendour” explains a societal framework with a high reliance on digital technology for everyday activities. The government together with local consumers is ready to run faster in a fully integrated system of connected devices for a better future,” vivo says.
It further says:
“5G is the fifth generation of cellular networks which is a breakthrough advancement paving the way in Sri Lanka. 5G spectrum uses short frequencies which provides the expected boost not only in speed but also in capacity, low latency, and quality of network. With 100 times faster speed than 4G, 5G will provide never-before-seen opportunities for people and businesses. The technology is said to provide greater bandwidth in advancing society by transforming industries and enhancing day-to-day experiences. This concept is simple yet very powerful which will drastically improve wireless connectivity and efficiency with very high specificity. A 5G Smart Surface can help extend and evenly distribute signals to low coverage and dead zones, thereby matching the needs and capacity of the place and requirement while optimising connectivity accordingly. The transformative 5G technology will not only enhance existing 4G functionality by speed but will also provide the basis for developing new technologies such as connected and autonomous vehicles, shipping, real-time telesurgery, and intelligent connectivity.”
“5G encompasses a lot more than just cellular technology. It has quickly taken the central stage in a new digital environment that smartly blends artificial intelligence, cloud computing, and advanced networks to enable new services and products. 5G in the region would meet the growing demand to use data and new knowledge efficiently to support an increasingly digital economy. The strategic deployment of 5G will provide new opportunities to utilise ground-breaking solutions that reach across the island. 5G would facilitate various networked technologies to quickly become the basis for societal innovation which includes – smarter electricity grids, EVs or connected vehicles, high-tech emergency services, connected sensors for natural disasters, remote consulting/diagnosing and much more.”
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
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