Business
U.S. says its unparalleled export relationship with SL is testimony to its vision of shared prosperity
A new initiative launched to help Sri Lanka’s SMEs expand into global markets
The United States and Sri Lanka share a vision of prosperity as evidenced by our unparalleled export relationship,” U.S. Ambassador to Sri Lanka and Maldives Alaina Teplitz said in Colombo recently.
The U.S. Ambassador made this comment at an event where a Partnership for Accelerated Results in Trade, National Expenditure and Revenue (PARTNER) activity was formed among the EDB, CCC and USAID.
This PARTNER programme is designed to build the capacity of development officers of the EDB, on regional export facilitation.
“For Sri Lanka’s exports to continue to drive growth, its small and medium enterprises need to become ‘export-ready’ competitors. This programme will help Sri Lanka’s SMEs expand into global markets,” she said.
This initiative will train EDB officers to guide small and medium enterprises (SMEs) to become global exporters.
The event was held under the patronage of Minister of Trade, Bandula Gunawardane, with U.S. Ambassador Teplitz as the guest of honor. Other participants included Export Development Board (EDB) Chairman Suresh de Mel, USAID Sri Lanka and Maldives Mission Director Reed Aeschliman and The Ceylon Chamber of Commerce Chairman Vish Govindasamy.
Trade Minister Bandula Gunawardena extended his gratitude to USAID supported PARTNER project and The Ceylon Chamber of Commerce (CCC) for joining EDB to implement this training programme.
“I am confident that this development officer training programme will make a significant contribution to strengthen the capacity of small and medium enterprises to enable them to connect to the export value chain and thereby enter the international market”, the minister said.
The program will improve the knowledge and skills of up to 300 EDB development officers in trade procedures, export processes, and market access. The officers will help small and medium enterprises, including women-led businesses, develop and achieve export goals and connect with export opportunities. Through this programme, local businesses will increase their understanding of trade regulations in Sri Lanka and abroad, and work towards the competitive players in international markets.
Signatories of the tripartite letter of cooperation to solidify the training programme were EDB Chairman Suresh de Mel, The Ceylon Chamber of Commerce CEO and Secretary-General Manjula de Silva, and USAID PARTNER project Chief of Party Malith Gunasekara.
The training curriculum will be implemented by The Ceylon Chamber of Commerce on behalf of EDB and the USAID PARTNER Activity. Sessions will be delivered in Sinhalese and Tamil for development officers from all 25 districts.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”