Business
vivo laying the groundwork for 5G smartphones in Sri Lanka
As a future-ready brand, vivo is continuously pushing the boundaries of innovation since it came to Sri Lanka in 2017. It has closely followed the evolution of cutting-edge technologies in the communications industry and the development of 5G standards. vivo, a leader in 5G development and a fervent advocate of the new technology, has been one of the most important contributors to the global 5G technology.
As early as 2016, vivo ramped up its efforts in 5G planning and investment and established an R&D centre of 5G core technology and standardization. As of October 2020, vivo has applied for more than 2,000 5G patents and submitted more than 4,000 5G proposals to the 3GPP organization.
vivo’s forward-looking strategy and consistent investments have allowed the company to make remarkable progress in the research and development of 5G standards and core technologies. In the 5G mobile phone market, vivo is committed to providing consumers with a growing range of 5G mobile phones and an improved 5G experience.
Following the Benfen philosophy, vivo is committed to bringing the best technology and ultimate user experience to customers. As proof of its commitment, vivo has developed a family of 19 phones with 5G support covering all price points. The new phones offer more choice for consumers and will accelerate the mainstream use of 5G.
In recent times, vivo has introduced a smart combination of 5G and Artificial Intelligence (AI) with the IQOO Pro 5G, a first of its kind 5G-ready smartphone recently launched by the brand to cater to popular demand. vivo is well prepared to fully leverage the 5G technology to create ‘Intelligent Phones’ that stay ahead of time. vivo is persistently setting new benchmarks in the technological development process and continues to open a world with limitless possibilities to its users.
The Sri Lankan market is still in the initial phase of development, with penetration lining up to the level of most other developed Asian countries. Strong development and innovations are anticipated in the next 5 years by industry experts. It is also anticipated that vivo is soon planning to introduce next-generation 5G smartphones in the island market. As always, the brand looks forward to enhancing the quality of lives of the Sri Lankan people with our purpose-driven, meaningful innovations.
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.”