Business
Sri Lanka’s focus on export economy manufacturing highlighted at COMPLAST 2023
Sri Lanka’s steadfast commitment to strengthening its export-oriented economy through manufacturing is taking center stage at the 7th edition of the Complete Plastics Exhibition (COMPLAST 2023). The highly anticipated event was underway from August 25th to 27th, 2023, at the Bandaranaike Memorial International Conference Hall (BMICH). The collaboration between the Plastics and Rubber Institute of Sri Lanka (PRISL), Smart Expos, and the Industrial Development Board has culminated in the successful realization of COMPLAST 2023. This unprecedented partnership underscored the collective efforts of these organizations to invigorate Sri Lanka’s industrial growth and enhance its global manufacturing footprint.
Under the theme “Shaping Innovation, Powering Progress,” the inauguration was presided over by Dr. Ramesh Pathirana, the Minister of Industries & Plantation Industries, signifying the country’s unwavering focus on industrial advancement. The opening ceremony features esteemed luminaries and dignitaries, with Dr. Satyanjal Pandey, the Deputy High Commissioner of India for Sri Lanka, gracing the occasion as the Special Guest of Honour. Dr. Saranga Alahapperuma, Chairman of the Industrial Development Board Sri Lanka, is also participating as the Guest of Honour, reflecting the event’s significance in fostering international collaborations and propelling industrial growth.
The event hosted an impressive roster of participants, surpassing 200 companies, including prominent representations from India, China, and Sri Lanka. The showcase is featuring over 50 Indian companies, 80 Chinese companies, and more than 80 local companies from across Sri Lanka, all of whom exhibited their innovative products and solutions.
Reflecting on the event’s significance, B. Swaminathan, CEO of Smart Expos India (Pvt) Ltd, noted, “In these dynamic times, nurturing an export-driven economy is of paramount importance. COMPLAST 2023 serves as an instrumental platform to spotlight Sri Lanka’s manufacturing prowess to a global audience. The event undoubtedly contributes to steering Sri Lanka’s economy towards sustainable growth through exports.”
COMPLAST 2023 is emerging as a landmark event that is bringing together key stakeholders from the manufacturing sector, providing a unique platform for the exchange of ideas, innovation, and exploration.
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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