Business
USAID and Sri Lanka Sustainable Energy Authority (SLSEA) collaborate to empower businesses with innovative energy efficiency solution
In a joint initiative aimed at fostering energy efficiency among businesses and simplifying energy usage reporting, the United States Agency for International Development (USAID) has partnered with the Sri Lanka Sustainable Energy Authority (SLSEA) to unveil a groundbreaking tool. On September 14, USAID, in collaboration with SLSEA through its Sri Lanka Energy Program, introduced the National Energy Benchmarking Portal (NEBP). This innovative platform is designed to assist businesses in curbing electricity consumption by promoting efficient practices and conservation methods, thereby addressing the challenges posed by escalating energy costs. The launch of NEBP marks a significant step toward a more sustainable and energy-efficient future for businesses in Sri Lanka.
The National Energy Benchmarking Portal (NEBP) is the result of two years of collaboration between USAID, SLSEA and select private organizations. The portal is a digital solution to disseminate energy consumption data and will be managed by SLSEA as a central repository for energy consumption data from all industrial, commercial, and government facilities in Sri Lanka, starting with supermarkets and the financial sector.
Organizations can submit their energy consumption and other data required for benchmarking through the portal, which contains data from a company’s own facilities and allows a company to compare its performance against the SLSEA benchmarks. The portal will improve the efficiency and accuracy of data entry and analysis for nearly one million consumer accounts, allowing for identification and comparison of consumption patterns in real time.
Christopher Powers, Director of Economic Growth at USAID/Sri Lanka, called the new portal a critical tool to support energy efficiency initiatives. “USAID, through the Sri Lanka Energy Program, aims to introduce clean energy and reduce excess energy use across Sri Lanka. This portal is a critical tool that will support USAID investments to power an energy sector that is secure, efficient and sustainable,” he said.
“We initiated a mandatory energy efficiency and conservation (EE&C) program many years after voluntary programs failed to impress the majority of Sri Lankan enterprises,” said Ranjith Sepala, SLSEA chairman. “Due to their low-cost energy supply, businesses rarely make energy efficiency and conservation investments despite their financial appeal. Now, with realistic energy prices, is the ideal time to engage businesses in EE&C, and we appreciate USAID’s assistance in digitizing our process.”
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.”


