Adaderana Biz English | Sri Lanka Business News

Godrej Sri Lanka, a leading name in consumer products, has unveiled its newly revamped corporate website, marking a significant step in its mission to align with the company’s global strategy and drive its ambitious growth plans in Sri Lanka. This updated platform serves as a strategic tool to enhance communication, operational efficiency, and alignment with global standards. The redesign reflects Godrej Sri Lanka’s evolving priorities and its commitment to the local market. Beyond a fresh new look, the platform is tailored to support the company’s efforts to strengthen its presence and deepen its engagement with stakeholders in Sri Lanka. A Platform for Local Growth The revamped website serves as a vital link between Godrej Sri Lanka and its consumers, partners, and other stakeholders. With a streamlined design and user-friendly layout, it provides easy access to detailed information about the company’s products, values, and initiatives. One of the key elements of this transformation is its focus on showcasing Godrej Sri Lanka’s commitment to enhancing local manufacturing capabilities. This effort aligns with the company’s broader vision of creating a self-reliant operational framework. By increasing local production, Godrej Sri Lanka not only meets the rising demand for its products but also contributes to the country’s economic development through job creation and support for the local industrial ecosystem. Aligned with Global Standards The revamped website is now fully aligned with Godrej Consumer Products’ global digital presence, reflecting a cohesive brand identity across all markets. This alignment enables Godrej Sri Lanka to leverage the strength of the global brand while tailoring its content to resonate with local audiences. By adopting global best practices, the Sri Lanka platform is designed to seamlessly integrate regional and international initiatives. This ensures that the company remains at the forefront of innovation while staying connected to the needs of the local market. A Vision for the Future The launch of the new website is a key milestone in Godrej Sri Lanka’s growth journey. It represents a clear vision for the future, combining the company’s global expertise with a strong focus on local impact. “The new website reflects our commitment to Sri Lanka and our ambition to drive meaningful growth in the region,” said Dileepa Gregory, Country Head Godrej Sri Lanka. “It provides a unified platform for our stakeholders and reinforces our dedication to delivering value and excellence.” Godrej Sri Lanka’s revamped corporate website is a powerful tool for advancing its ambitious growth plans. By highlighting its focus on local manufacturing, aligning with global standards, and enhancing its digital presence, the platform supports the company’s mission to build a stronger, more impactful presence in Sri Lanka. Explore the new website at www.godrejsrilanka.com to learn more about Godrej Sri Lanka’s journey and its vision for the future. About| Godrej Sri Lanka, a subsidiary of the globally renowned Godrej Consumer Products Limited, is a trusted name in the Sri Lankan market, offering a diverse portfolio of high-quality products across personal care, home care, and other consumer categories. Committed to innovation, sustainability, and local engagement, the company continues to enhance its presence in Sri Lanka through strategic initiatives, robust local manufacturing capabilities, and a focus on delivering value to its consumers. Godrej Sri Lanka is dedicated to contributing to the nation’s growth while staying aligned with the global standards and vision of the Godrej Group.

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Reuters – Global economic growth is projected to remain at 2.8% in 2025, unchanged from 2024, held back by the top two economies, the U.S. and China, according to a United Nations report released on Thursday.

The World Economic Situation and Prospects report said that “positive but somewhat slower growth forecasts for China and the United States” will be complemented by modest recoveries in the European Union, Japan, and Britain and robust performance in some large developing economies, notably India and Indonesia.

“Despite continued expansion, the global economy is projected to grow at a slower pace than the 2010–2019 (pre-pandemic) average of 3.2%,” according to the report by the U.N. Department of Economic and Social Affairs.

“This subdued performance reflects ongoing structural challenges such as weak investment, slow productivity growth, high debt levels, and demographic pressures,” it said.

The report said U.S. growth was expected to moderate from 2.8% last year to 1.9% in 2025 as the labour market softens and consumer spending slows.

It said growth in China was estimated at 4.9% for 2024 and projected to be 4.8% this year with public sector investments and a strong export performance partly offset by subdued consumption growth and lingering property sector weakness.

Europe was expected to recover modestly with growth increasing from 0.9% in 2024 to 1.3% in 2025, “supported by easing inflation and resilient labour markets,” the report said.

South Asia is expected to remain the world’s fastest-growing region, with regional GDP projected to expand by 5.7% in 2025 and 6% in 2026, supported by a strong performance by India and economic recoveries in Bhutan, Nepal, Pakistan and Sri Lanka, the report said.

India, the largest economy in South Asia, is forecast to grow by 6.6% in 2025 and 6.8% in 2026, driven by robust private consumption and investment.

The report said major central banks are likely to further reduce interest rates in 2025 as inflationary pressures ease. Global inflation is projected to decline from 4% in 2024 to 3.4% in 2025, offering some relief to households and businesses.

It calls for bold multilateral action to tackle interconnected crises, including debt, inequality, and climate change.

“Monetary easing alone will not be sufficient to reinvigorate global growth or address widening disparities,” the report added.

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Sri Lankan businesses are invited to seize the opportunity to thrive globally by incorporating in Singapore, one of the world’s most dynamic business hubs. Fastcorp, a leading expert in international business expansion, will host an exclusive webinar titled “Expand Your Business Globally – Set Up in Singapore” to guide businesses on leveraging Singapore’s strategic advantages. Webinar Details:

Date: Thursday, 16th January 2025
Time: 5:30 PM (Sri Lankan Time)
Registration: https://us02web.zoom.us/webinar/register/WN_EWLufKl4RcClVCbFCUFurQ

The session will be led by Kenneth Chee, Chairman of Aisec Global and Founder of Fastcorp, who will share actionable insights into Singapore’s business landscape and its benefits for Sri Lankan businesses. Key Topics Include:

Incorporation in Singapore: Simplified processes for swift business setup.
Bank Account Opening: Streamlined procedures for access to global banking.
Immigration Solutions: Relocation and work permits made easy.
Accounting & Tax Benefits: Insights into tax exemptions and incentives.
Supporting Services: Understand how Fastcorp is able to fully support your business remotely, effectively enabling you to manage your business without the need for travel.

Why Singapore? Singapore offers a stable, transparent, and business-friendly environment, making it the leading gateway to global markets. Its advanced infrastructure, competitive tax regime, and strong trade networks empower businesses to scale internationally.

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Samson Rajarata Tiles (Pvt) Ltd. Sri Lanka’s leading manufacturer of high-quality tiles has secured the Gold Award in the Medium Category for Ceramic, Porcelain, and Other Clay Products at the prestigious National Chamber of Exporters (NCE) Awards 2024. The recognition celebrates the company’s exceptional export performance during 2023-2024. Importantly, Samson Rajarata Tiles has won the Gold Award for the third consecutive year. The company also secured victory in 2022 and 2023, highlighting a consistent excellence in clay product exports and commitment to quality innovation in Sri Lanka’s export sector. The NCE Awards are among Sri Lanka’s most prestigious business awards, recognizing outstanding achievements in the export sector. The primary goal of the NCE Export Awards is to celebrate outstanding achievements of Sri Lankan exporters, locally and internationally. The awards provide winners with a competitive edge, helping them attract global buyers, strengthen stakeholder trust and enhance their reputation in the international market. Established in 2007, Samson Rajarata Tiles exports to nine countries, showcasing sustainable practices and artisanal craftsmanship through signature tiles that blend traditional techniques with modern solutions. The company excels in global markets, offering unique handcrafted clay products with innovative designs including specially manufactured products for export. Notably there are also offered in the local market. Through unique offerings and strategic research and development, the company has distinguished itself in global markets while strengthening local economic contribution. Today, Samson Rajarata Tiles specializes in creating handmade and handcrafted clay tiles for Europe Market. The company’s success represents the pinnacle of Sri Lankan export excellence, and modern business innovation. Since launching, Samson Rajarata Tiles has built a strong presence across nine countries, proudly exporting to UK, India, China, Germany, Lebanon, UAE, Maldives, Australia and Oman. Samson Rajarata’s success, particularly in Europe, stems from uniquely blending traditional handcrafting with modern production standards, specializing in Pan Tiles, Plain Tiles, and Holkham tiles for the global market. Importantly, the company earned Gold recognition for excellence in value addition through their artisanal clay products, management effectiveness demonstrated by sustainable practices such as use of bio-gas implementation, and environmental responsibility. Their 100% domestic production model strengthens the local economy, while eco-friendly manufacturing processes and advanced technologies minimize waste and carbon footprint. Today, Samson Rajarata Tiles has emerged as a leading clay tile manufacturer, renowned for its exceptional craftsmanship and innovative solutions. The company’s signature terracotta collection showcases the timeless beauty of Sri Lankan expertise, offering unique tile designs such as the distinctive ‘S’ tile, Spanish tile, hela tile, and Roman tile that blend heritage aesthetics with contemporary functionality. What distinguishes Samson Rajarata Tiles is its groundbreaking approach to sustainable production. By sourcing clay through the Nachchaduwa tank desilting process in Anuradhapura, the company not only obtains high-quality raw materials but also contributes to environmental conservation. This innovative method improves the tank’s water retention capacity, directly benefiting local farming communities while ensuring an eco-friendly production cycle. With a nationwide distribution network and a dedicated team of professionals, Samson Rajarata Tiles provides comprehensive tile solutions that represent the perfect fusion of traditional craftsmanship, modern design, and environmental responsibility.

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BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and its authorized Sri Lankan agent, John Keells CG Auto(JKCG Auto), are proud to announce a strategic partnership with Indra Service Park (Pvt.) Limited, a subsidiary of Indra Group of Companies. This collaboration marks a significant step in expanding BYD’s presence into Sri Lanka’s central region, focusing on the vibrant Hill Capital – Kandy. Through this strategic partnership with Indra Service Park Pvt. Limited, BYD and JKCG Auto aim to establish its third integrated 3S facility (Showroom, Service Center, and Spare Parts) in Kandy, which will be known as ‘BYD Kandy’. The facility is strategically located to provide easy access to customers in the bustling city and surrounding areas. Notably, pre-bookings for BYD vehicles at BYD Kandy will commence on January 16^th. “Our alliance with Indra Service Park represents another pivotal moment in our continuing journey to expand NEV adoption and spark a green mobility revolution across Sri Lanka. Establishing BYD Kandy allows us to bring our innovative NEV solutions directly to the heart of Sri Lanka’s Hill Capital. This in turn will enable sustainable transportation and deliver economic and environmental benefits to the region,” John Keells CG Auto General Manager, Charith Panditharatne said. Moving forward the new 3S facility—equipped with cutting-edge technology and a team of professionals specially trained and eventually certified by BYD—will offer unparalleled convenience to customers residing in or traveling through Sri Lanka’s scenic central region. “Our expansion into Kandy also reflects our dedication to empowering the local workforce,” noted Panditharatne. “By establishing a NEV workshop, we aim to provide valuable training and employment opportunities for aspiring technicians and mechanics in the region, fostering growth in the green mobility sector.” Customers will have easy access to BYD’s range of innovative electric vehicles (EVs), comprehensive after-sales services, and genuine spare parts—all under one roof. The new facility will take bookings for BYD’s latest range of electric and plug-in hybrid vehicles, including models like the BYD DOLPHIN, ATTO 3, SEAL, and SEALION 6. “We are grateful and honored to have been selected as the regional dealership partner for BYD and JKCG Auto in Kandy. Working together, we aim to raise awareness and appreciation for the exceptional value that BYD passenger vehicles offer,” said Rushanka Silva, Managing Director of Indra Traders. “This partnership enables us to bring world-class NEV solutions to Kandy, setting a new standard for automotive excellence in the region.” Photo caption: John Keells CG Auto General Manager, Charith Panditharatne and John Keells Group President Retail Sector, Charitha Subasinghe, along with Indra Traders Director of Sales & Marketing, Hashindra Silva, Indra Traders Director, Sajini Silva, and Indra Traders Group General Manager, Mrs. Dharma Illangasinghe at the MOU signing.

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Emirates has launched an inspiring journey to officially become the world’s first Autism Certified Airline™, inviting customers with autism and sensory sensitivities to experience Emirates’ seamless services and personalised hospitality, making travel more accessible for all. The inaugural designation is set to be formally awarded by the International Board of Credentialing and Continuing Education Standards (IBCCES) in the coming months, when more than 30,000 Emirates cabin crew and ground staff will have completed the initial training. Emirates also plans to roll out new standards and services that will improve the on ground and inflight travel experience for both customers on the autism spectrum and their families and companions, to be announced later in the year. Accessible Travel for all For many members of the global autism community, international air travel is a highly challenging experience, or something to be avoided completely, due to the high level of sensory stimuli that can be involved. A survey on AutismTravel.com revealed that 78% of families are hesitant to travel or visit new locations, and that 94% of respondents would take more vacations if they had access to places where staff are autism-trained and certified. As part of Emirates’ mission to make travel more inclusive and accessible for all, this significant step also supports Dubai’s ambition to become the most accessible destination in the world. What is the Autism Certified Airline™ designation (ACA)? Driven by its commitment to creating a welcoming travel experience for all customers including individuals with autism and those with sensory sensitivities, Emirates worked collaboratively with IBCCES, a leading organization in autism and neurodiversity training and certification, to conduct an onsite review and comprehensive audit. As part of a vast research endeavour, IBCCES surveyed more than 14,000 people with a variety of disabilities, including people with autism, those with sensory sensitivities and their families and caregivers. The survey data was collated alongside numerous interviews, an International Air Transport Association (IATA) industry survey, and feedback from 1,200 industry professionals – helping develop the most beneficial standards for both passengers and airline staff. In addition to the feedback collated, IBCCES experts also conducted several Emirates flight audits on both long and short haul routes. The collation of detailed data ensured input from key stakeholders including the lived experiences of people with autism, global thought leaders, industry professionals and healthcare experts – combined to create new industry standards that accommodate passengers with autism and sensory sensitivities during air travel. Using a data-driven approach, Emirates and IBCCES partnered to create a new blueprint for serving passengers with accessibility requirements, encompassing the entire journey – from ground services to in-flight services, and Emirates will lead the way in bringing these new standards into practice in aviation for the first time. The thorough certification process includes ensuring at least 80% of customer-facing staff complete the dedicated training, alongside a commitment to ongoing training and improvements. Emirates’ autism and sensory-awareness training for more than 30,000 staff As part of the designation, Emirates’ ground staff and cabin crew will undertake a new, focused training on autism and sensory awareness to equip them with the understanding and skills to address needs of travellers with autism and sensory sensitivities, along with their families. The training educates Emirates’ teams on the spectrum of autism, misconceptions and challenges faced, the myriad ways to assist customers dependent on their individual needs, and potential stimulus and triggers that staff should be aware of. The new training builds on the foundations established by the Emirates ‘Introduction to Autism and Hidden Disabilities’ training, which was completed by 23,000 staff in 2023. Emirates’ new standards and services for customers with autism Throughout 2025 and beyond, Emirates will be introducing new standards and services for customers with autism and sensory conditions that will ensure more enjoyable and accessible travel. One such service is the introduction of ‘sensory guides’ – digital aids developed as part of the audit conducted by IBCCES in collaboration with Emirates that empower travellers to make informed decisions about the various environments encountered, and plan what suits their needs and preferences. The guides were created by conducting comprehensive facilities audits across Dubai locations and the inflight experience, measuring sensory inputs in public areas such as sound levels, lighting, and potential sights and smells. Another development expected in 2025 will be the introduction of neurodiverse sensory products, for customers on Emirates flights – sensory fidget toys or aids that can encourage focus, help to reduce self stimulatory behaviour and de-stress. Working together for Accessible Travel: Emirates, Dubai Airports and Dubai Tourism In April 2024, Emirates achieved a Certified Autism Center™ Designation for all four of its Dubai Check In facilities including its dedicated hub in Terminal 3 at Dubai International Airport (DXB). In December 2023, Dubai Airport was celebrated as the first international airport to receive the Certified Autism Centre™ Designation. Continuing to drive the accessible travel agenda forward, Emirates’ new training programme, as well as new standards and protocols to be implemented in stages in 2025 and beyond, will enable neurodiverse customers to fly more comfortably. These achievements align with the Department of Economy and Tourism’s (DET) vision of Dubai becoming the first Certified Autism Destination™ (CAD) in the Eastern Hemisphere. By working closely together – Emirates, the Department of Economy and Tourism, Dubai Airports, the General Directorate of Residency and Foreign Affairs, Dubai Police and Dubai Customs, are making significant inroads in inclusive and accessible travel.

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Fairfirst Insurance takes immense pride in celebrating the exceptional achievements of Tharindu Weerarathna and Priyanwada Rodrigo, who represented the company with distinction at the Fairfax Asia Ambassador Awards 2024 in Jakarta, Indonesia. They were among 12 ambassadors from Fairfax Asia companies, including Pacific Insurance, AMAG Insurance, Falcon Insurance (Hong Kong), Falcon Insurance (Thailand), and Paramount Healthcare Management Pvt. Ltd. These prestigious awards recognise employees who exemplify the Fairfax Guiding Principles and contribute to fostering a culture of excellence. Among Fairfirst’s many deserving nominees, Tharindu Weerarathna emerged as the final winner. This achievement has earned him the opportunity to attend the upcoming Annual General Meeting of Fairfax Financial Holdings in Toronto, Canada. The accolade recognises his unwavering commitment to driving positive change within the organisation and beyond. Priyanwada Rodrigo, recognised as the 1st runner-up, also demonstrated exemplary contributions and an inspiring work ethic. Her achievements reflect Fairfirst’s dedication to fostering a culture of excellence, integrity, and collaboration. Together, their accomplishments highlight the exceptional talent within the Fairfirst team. Sandeep Gopal, CEO of Fairfirst Insurance, congratulated the duo, saying: “Tharindu and Priyanwada are true ambassadors of Fairfirst’s values. Their achievements are a testament to their hard work, dedication, and passion for excellence. They inspire not just our team but the entire Fairfax community.” Fairfirst Insurance remains committed to empowering its people and celebrating their accomplishments. The success of Tharindu and Priyanwada serves as a beacon of what is possible through determination and teamwork. Together, we grow stronger, leaving an indelible mark on the global stage.

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Fairfirst Insurance’s cricket team has achieved a historic milestone by clinching the Knockout Tournament title for the first time at the 31st Singer-MCA Super Premier League 2024. Participating for the second time, the team’s stellar journey captured the spirit of passion and resilience, showcasing the company’s competitive edge both on and off the field. The tournament featured seven leading corporate teams: Hayleys ‘A’, Citizens Development Business Finance PLC ‘A’, BBK Partnership, Maliban Biscuits ‘A’, Sri Lanka Cricket Under-19, Hatton National Bank ‘A’, and Fairfirst Insurance. Several teams featured national cricket stars, adding to the intensity of the competition. The journey began with a 50-over League phase, where Fairfirst secured three wins, with rain affecting two matches and a solitary loss to Maliban Biscuits. Despite the setback, they finished as runners-up, setting the stage for an electrifying Knockout phase. The Knockout Final saw Fairfirst avenging their earlier loss to Maliban Biscuits in a nail-biting finish. Emerging bowling all-rounder Chamika Gunasekara delivered a match-winning performance, claiming 4 wickets for 31 runs and scoring the decisive run that sealed a one-wicket victory. Adding to the team’s achievements, Sri Lankan cricket star Minod Bhanuka was crowned Best Batsman for his explosive 309 runs in the League phase, including a jaw-dropping innings of 232 off 148 balls—a tournament record. Captain Moditha Ranatunga led the charge with the guidance of Coach Ramachandran Sridhar and team managers Lakshan Perera and Dulip Silva. Sandeep Gopal, CEO of Fairfirst Insurance, praised the team’s achievement: “This victory is a proud moment for all of us at Fairfirst. It reflects our commitment to pushing boundaries and achieving excellence. Congratulations to the team for their inspiring performance and passion.” With the T20 phase already underway, the excitement continues to build as Fairfirst secures a spot in the finals, eagerly anticipating another thrilling chapter in their cricketing journey.

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National Development Bank PLC has been honoured with the prestigious Best Bank for Diversity and Inclusion award at the Euromoney Awards 2024. This recognition underscores the bank’s dedication to fostering a workplace culture that champions diversity, equity, and gender equality, marking it as a leader in inclusive banking practices within Sri Lanka’s financial sector. The award acknowledges NDB’s multi-faceted approach to promoting a work environment where diverse perspectives are valued and every individual is empowered to achieve their full potential. This includes policies and practices designed to support gender equality, eliminate biases, and provide equitable opportunities for all employees. In light of its commitment, NDB has also been recognised as one of Sri Lanka’s Most Outstanding Women-Friendly Workplaces in 2023, reinforcing its role as a progressive employer that actively supports gender inclusivity. One of NDB’s flagship initiatives, the Fearlessly Female program, is aimed at empowering women within the organisation and across communities. It seeks to inspire, support, and mentor women, fostering an environment where female talent is nurtured and celebrated. This initiative aligns with the bank’s broader Banking on Women platform, driven under the Araliya brand, which provides targeted financial solutions for women from various walks of life—including working women, homemakers, women-led enterprises, and female entrepreneurs. By offering affordable financing, skills development programs, and advisory services on debt management and financial literacy, NDB goes beyond traditional banking to address the specific needs and challenges faced by women in Sri Lanka. NDB has also achieved EDGE Certification, an internationally recognised accreditation for its efforts in gender equity, highlighting the bank’s commitment to providing an equitable workplace. This certification reflects NDB’s dedication to policies that ensure equal opportunities, transparency in pay, and a balanced representation of women in leadership roles. Kelum Edirisinghe, CEO of NDB Bank, remarked, “Our recognition as the Best Bank for Diversity and Inclusion is a proud moment for NDB. We believe that creating an inclusive work environment is fundamental to our success, as it brings diverse perspectives that drive innovation and excellence. We are deeply committed to fostering an environment that champions equality and supports the growth and development of all our employees.” The Banking on Women platform is not limited to entrepreneurship but also extends support to working women and homemakers, providing them with access to a range of financial solutions and advisory services designed to uplift their financial well-being. Under the Sri Lanka Vanithabhimana program, NDB continues to celebrate and empower women by providing opportunities for recognition, skill development, and financial growth. Since its launch in 2020, this initiative has grown to be the largest private-sector women’s empowerment program in the country. NDB’s recognition at the Euromoney Awards 2024 stands as a testament to the bank’s ongoing efforts to promote diversity and inclusion across all facets of its operations. The Bank’s strategy, TQM, focussing on Transaction drive, Quality of assets, and Margins management, includes a commitment to fostering a dynamic and inclusive corporate culture that reflects its core values and sets a benchmark for responsible and equitable banking practices in Sri Lanka. NDB extends its heartfelt gratitude to its team, shareholders, and partners for their unwavering support and looks forward to continuing its mission of fostering an inclusive, equitable, and diverse workplace that inspires excellence and innovation.

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Safe Care Facilities Management Pvt. Ltd. has been honoured with the Merit Award in the Service Sector (Hospitality/Tourism/Other Services) – Large Category at the Entrepreneur Awards – x Western Province 2024. The award ceremony, organized by the National Enterprise Development Authority and the National Chamber of Commerce, took place recently in Colombo. With nearly 15 years of experience, Safe Care has become a leader in the cleaning and environmental services industry, working over 1,250 employees and completing more than 500 projects across the nation. The company offers a wide range of services including commercial and domestic cleaning which include office cleaning, floor cleaning, window cleaning, carpet cleaning, restroom sanitation, dusting, trash removal, and recycling. In addition to their standard cleaning services, Safe Care provides a variety of specialized solutions such as pest control, sanitary bin services, carpet and chair shampooing, cladding/glass/gutter cleaning, and holiday bungalow management. They also specialize in high-pressure washing, healthcare facility cleaning, and post-construction cleanup. Their comprehensive service offerings make them a one-stop solution for cleaning needs across industries. Safe Care’s commitment to quality is reflected in its ISO 9001-2015 certification, ensuring that all services meet the highest standards of performance, safety, and environmental regulations. The company has built a solid reputation through its highly trained team of 1250 professionals, who prioritize delivering timely, cost-effective services while maintaining customer satisfaction. The company serves a wide array of clients, including both government and private banks, garment factories, government institutions, multinational companies, and local businesses. Safe Care’s expertise and reliability make it a trusted partner for clients looking to maintain clean, professional, and hygienic environments. Since its establishment, Safe Care is dedicated to introducing green environmental solutions and creating job opportunities for low-income families. Image Caption : Mr W. K. S. Tharanga Karunasena (Managing Director / CEO), Mrs. K. M. Rashika U Kumarasinghe (Executive Director) and other executive staff receiving the award

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The Central Verification Division of the Board of Investment of Sri Lanka, located in Orugodawatte, will digitize many functions, including issuing gate passes, starting today (10th, January). Accordingly, the Board of Investment of Sri Lanka expects this program to provide an efficient service with minimal human intervention, eliminating the need for paper and enhancing the transparency of the system. The new program will automate the previously manual collection of import and export document fees, automate the collection of verification fees, and launch an export verification management system with digitized gate passes, including QR codes. This will provide electronic payment facilities, 24-hour full-time service, transparency, reduction of human resources, and cost savings. In 1993, the establishment of industries throughout the island outside the investment zones led to the creation of the Central Verification Division in Orugodawatte. This institution, in collaboration with Sri Lanka Customs, carries out import and export clearances for industries and services. Every day, a significant number of BOI enterprise representatives visit this institution to seek its services, and until now, they have relied on an outdated system for filling out forms and issuing licenses. Under the new system, all these systems are expected to be innovated, and all tasks, including granting relevant approvals through a digital system with digital identification, are expected to be completed. The issuance of digital gate permits commenced today as the initial step of this program. The adoption of the digitation of the BOI investor experience will act as an enabler to attract more FDI, and it will be a good launching pad for attracting much-needed digital FDIs to the country. Mr. Arjuna Herath, the Chairman of the Board of Investment of Sri Lanka, speaking at the event, stated that industries under the Board of Investment of Sri Lanka earn 80% of the country’s industrial export revenue, for which they provide all necessary infrastructure facilities. Further Arjuna Herath said that the Information Technology Department of the Board of Investment of Sri Lanka appreciates the introduction of this digital system and intends to utilize new technology for all sectors. The Director General of the Board of Investment of Sri Lanka, Mrs. Renuka Weerakoon, and many high-ranking officials participated in the event.

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Writing a new page in the history books, Softlogic Life, Sri Lanka’s life insurer with the largest customer base became the country’s first company to secure a place among the top five winners at the largest private hackathon on the planet “Microsoft Global Hackathon 2024”. Competing amongst 70,000 participants from 85 countries, Softlogic Life garnered this recognition for its ground-breaking idea called ‘Gluc-Guard’ in the area of social impact. Microsoft Global Hackathon 2024, which was sponsored by its Chief Technology Officer Kevin Scott, is the world’s largest annual private hackathon and attracts some of the world’s most renowned organizations, including technology giants, multinational corporations, startups, and industry disruptors. These companies leverage their expertise in fields such as artificial intelligence, data analytics, blockchain and software development to create, innovate, and hack on ideas ranging from education and responsible AI to transportation, healthcare, and diversity and inclusion. Despite competing against seasoned tech innovators and pioneers in the social impact space, Softlogic Life’s idea emerged as a standout solution. Commenting on yet another monumental achievement, Softlogic Life Chairman, Ashok Pathirage said, “At Softlogic Life, innovation isn’t just about staying ahead—it’s about making a difference. Being ranked among the top five at the Microsoft Global Hackathon 2024 is a testament to our commitment to leveraging technology for meaningful social impact. Our idea much like everything else we do represents our vision of addressing pressing social challenges with cutting-edge solutions towards making a difference in people’s lives. That is why, for us insurance penetration has never been only about achieving our revenue numbers but also about finding ways to serve those who need protection, whether, it’s through distribution, technology or product innovation. This ethos is why we stand today as the life insurer that protects the largest customer base in Sri Lanka. I am truly proud of our team that represented Softlogic Life at the competition for putting Sri Lanka on the global map and for proving that this island is capable of greater things. We excitedly await the manifestation of this concept in the near future and are confident it will create a meaningful impact, benefiting communities both in Sri Lanka and around the world.” Adding to this landmark achievement, Microsoft Sri Lanka has extended its support by providing the resources necessary to bring Softlogic Life’s winning idea to life. This collaboration further emphasizes the project’s significance and its potential to redefine how technology addresses critical societal needs. This milestone highlights the power of innovation to create meaningful change and reinforces the importance of partnerships in driving impactful solutions. “We have always seen Softlogic Life at the forefront of innovation and market disruption within and outside their industry. This recognition is a further testament to their unwavering dedication to making a positive healthcare impact in Sri Lanka through technology. The Microsoft Global Hackathon unites brilliant minds to create solutions that inspire and address real-world challenges. Softlogic Life’s project stood out among thousands of exceptional submissions, highlighting their commitment to leveraging AI for social impact. It was the first time the Global Hackathon was opened to Sri Lanka and we are incredibly proud of the team’s efforts and the ground-breaking solutions the company has developed. We hope that the Company will build on this momentum and aspire to even greater achievements in the future. Our heartiest congratulations on this remarkable triumph as we look forward to funding this project and working with Softlogic Life to bring this socially impactful idea to life ,” remarked Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny. Over the years, Softlogic Life has consistently set benchmarks in the industry by introducing a series of industry-first and world-class solutions. These include one-day to one-minute hospitalization claim settlement, a fully digitalized sales platform, automatic policy issuance, and innovative mobile-based micro-products. Continuing its journey to disrupt the industry with ground-breaking innovations, Softlogic Life remains steadfast in its mission to elevate the quality of life for its customers through transformative digital initiatives. The company’s most recent accomplishment—Sri Lanka’s first-ever claim settlement powered by Artificial Intelligence (AI)—is a testament to its pioneering spirit and commitment to delivering unparalleled customer convenience. By adopting cutting-edge AI technologies, Softlogic Life continues to revolutionize process efficiency, significantly enhancing operational performance, customer satisfaction and overall customer experience as the life insurer that protects the largest number of customers in Sri Lanka.

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Atlas, a leading learning brand in Sri Lanka, marked 22 years of impactful collaboration with the Atlas SipSavi initiative and Ridee Viharaya, once again empowering over 50,000 Sri Lankan schoolchildren by providing equal education opportunities. This year, Atlas Axillia Co. Ltd continued its longstanding commitment by hosting the annual ‘Atlas SipSavi School Supplies Donation Programme’ at the historic Ridee Viharaya recently, further advancing its mission to ensure that ‘No child is left behind.’ This year’s program benefitted more than 3,500 rural students, equipping them with essential learning resources to pursue education with confidence and enhance their abilities for brighter prospects. As the flagship educational initiative of Atlas Axillia Co. Ltd, Atlas SipSavi continues to drive progress in Sri Lanka’s learning sector, with this enduring partnership serving as a powerful testament to its far-reaching impact. Discussing the significance of the donation and the long-standing partnership with Ridee Viharaya, Mr. Asitha Samaraweera – Managing Director, Atlas Axillia Co. Ltd stated, “Education is fundamental to personal and societal progress, which is why we remain dedicated to ensuring that every child, irrespective of their background, has access to the resources they need to learn and thrive. Through initiatives like Atlas SipSavi, we are steadfast in our mission to ensure that ‘no child is left behind’ in education, and I firmly believe we are making tangible strides towards achieving our vision of equitable education for all.” The handover ceremony was graced by esteemed members of the clergy, including Ven. Thibbatuwawe Buddharakkitha Thero, Chief Incumbent of the Ridee Viharaya, along with other respected dignitaries. The distribution of essential school supplies not only addresses the educational needs of the children but also aims to reduce the financial burden on parents. Over the years, the partnership between Atlas Sipsavi and the Ridee Viharaya has grown, enabling more students to benefit from the initiative, and exemplifying Atlas Axillia’s commitment to community upliftment and social responsibility. Initiatives Such as Atlas SipSavi are playing a key role in reducing school dropout rates in Sri Lanka, particularly those driven by economic hardship. Going beyond material provision, the initiative also instils hope, inspire students and their families, whilst creating opportunities for future leaders to emerge. Committed to its purpose of making learning fun, accessible, and enjoyable for all, Atlas Axillia continues to be a driving force in shaping a brighter, more inclusive future for children in Sri Lanka. Schoolchildren leave Ridee Viharaya, excitedly carrying their essential learning materials received during the event Image Caption : Mr. Asitha Samaraweera, the Managing Director of Atlas Axillia Co. Ltd, presents school supplies to a student during the Atlas Sipsavi ceremony at Ridee Viharaya.

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tuktukrental.com wraps up 2024 with a series of extraordinary milestones, cementing its role as a trailblazer in sustainable and immersive tourism in Sri Lanka. The highlight of the year was the 6th TukTuk Tournament, sponsored by Redbull, held between October and November, which saw its largest turnout yet, with 208 participants forming 94 teams. Representing markets across Europe, the US, Australia and India, participants embarked on a unique journey, driving tuk-tuks through Sri Lanka’s most enchanting and lesser-known locations. The event not only showcased the beauty of the island but also strengthened connections between travelers and local communities. Participants ventured into over 1,000 off-the-beaten-path destinations, creating income for a wide range of accommodation providers, from five-star hotels and resorts to homestays, boosting micro-economies across rural and urban areas alike. tuktukrental.com also made significant strides in sustainability, with tournament participants contributing to the funding of 78 new clean water connections in northern and eastern Sri Lanka, bringing the total to 321 connections since the initiative began. Recycling efforts were another critical focus, with participants responsibly managing waste during their journeys. On a global scale,tuktukrental.com debuted at the World Travel Market in London, proudly promoting its vision of immersive travel experiences. This global trade fair spotlighted the company’s unique offerings and opened doors to partnerships with travel agents eager to showcase Sri Lanka’s charm to the world.

tuktukrental.com team with industry officials at WTM, London 2024. Shown in the image L to R Mr.Buddika Hewawasam – Chairman of SLTDA & SLTPB, Mr Eshan Goonasekara – Travel photographer, author & publisher, Mr. Wietse Sennema – Co-Founder & Head of Partnerships & PR at tuktukrental.com, Mr Rohitha Bogollagama – Sri Lanka’s High Commissioner to the UK and Mr Arqam Azhar – Head of Customer Experience at tuktukrental.com. As a social enterprise, tuktukrental.com has empowered more than 600 families through the local sourcing of 645 tuk-tuks, contributing to sustainable livelihoods. With over 17,000 trips organized since its inception in 2016 and having contributed over revenue exceeding USD 1.82 million directly into the pockets of local Sri Lankan tuktuk owners, in 2024 alone, the company continues to redefine travel, blending adventure with purpose. <p> “tuktukrental.com is proud to contribute to Sri Lanka’s national income while empowering its people and preserving its cultural and natural treasures. Tourism can be a force for good, and 2024 has shown the incredible potential of meaningful, community-focused travel,” shared the tuktukrental.com leadership team. Image Caption : tuktukrental.com empowers travelers with freedom to explore while supporting local businesses.

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One World Duty Free (ODF) is a leading and an omnichannel duty free global travel retail brand that is headquartered in Singapore, proudly announced its latest duty- free store opening at the Port City Duty Free Mall in Colombo on 1 January 2025. This marks a milestone in the ODF’s strategic entry to the South Asian market which is expected to offer its premium shopping experience for international travelers as well local consumers. ODF eagerly anticipates the completion of the second phase of its Port City Duty-Free store by March 2025. This expansion will fully realize the store’s 12,800 sq. ft. retail footprint, offering an elevated shopping experience. With an extensive selection of premium categories and innovative interactive features, the store is set to redefine travel retail, providing customers with an immersive and engaging environment. At the initial stage, the store introduces five core product categories; fragrances, wines and spirits, sunglasses, timepieces and toys. The perfume isles feature iconic global brands such as Calvin Klein, Burberry, Chloe, Davidoff, Hugo Boss, and Marc Jacobs. The store also features a vast selection of globally renowned wines and spirits. There is also a diverse collection of sunglasses from Balenciaga, Bottega Veneta, Gucci, Mont Blanc, and Saint Laurent at the duty free store and the time pieces range from high-quality watches from globally recognized brands including Seiko and Casio. A captivating range of LEGO sets, from Disney Princess castles to Ferrari and Porsche models are also available. Keira Zhang, Chief Executive Officer (CEO) of One World Duty Free, stated, “The opening of our flagship store in Sri Lanka’s Port City is a pivotal moment for ODF as we expand into the South Asian market. Our carefully curated selection of world-class brands and categories underscores our dedication to providing travelers with an unmatched retail experience. This initiative also supports Colombo’s transformation into a leading retail and tourism hub.” ODF envisions for the growth of the emerging markets, the launch of the Port City Duty-Free Mall reflects ODF’s commitment to redefining travel retail through innovation and exceptional customer experiences. This duty free store at the Port City, is expected to attract over 2 million visitors annually demonstrating its position as premier shopping destination. The Sri Lankan passport holders including dual citizens of Sri Lanka and foreign passport holders with resident visa in Sri Lanka who have returned to Sri Lanka with a valid proof of arrival are eligible for an annual duty-free allowance of $2000. The commencement of the allowance is permitted for 4 days from the first day of the arrival. For tourists with valid foreign passports, they will not be subject to an annual allowance limit and such are eligible to purchase from the duty free store from the date of arrival. Their Purchases can conveniently be collected from the airport pickup counter at Bandaranaike International Airport (BIA). For further information, please contact the ODF hotline at +94 77 504 0064.

Keira Zhang, the Chief Executive Officer (CEO)/ Founder of

Newly opened ODF Port City Duty Free Store

Guests of Honor at the Opening

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Port City Colombo celebrated the groundbreaking of the Marina Development at Port City Colombo with a special ceremony held on 10^th January 2025. The occasion was graced by Chief Guest, Hon. Vijitha Herath, Minister of Foreign Affairs, Foreign Employment & Tourism. Also present at the event were H.E. Qi Zhenhong, Ambassador, Embassy of the People’s Republic of China; Mr. Harsha Amarasekera, Chairman, the Colombo Port City Economic Commission; Mr. Ishara Nanayakkara; Chairman, Brown and Company PLC and Deputy Chairman, LOLC Holdings PLC; Mr. Kapila Jayawardena – Group Managing Director/CEO, LOLC Holdings PLC; Mr. Kamantha Amarasekera – Director, Browns Investments PLC; Mr. Wang Gang, Managing Director, China Harbour Engineering Company, and Mr. Xiong Hongfeng, Managing Director, CHEC Port City Colombo (Pvt) Ltd. The occasion served to showcase the project’s progress and readiness for investment, whilst also marking a significant milestone for marine tourism in Sri Lanka and South Asia. The luxury Marina Development at Port City Colombo is being undertaken as a joint venture between Browns Investments PLC (BI), the strategic investment arm of the LOLC Group, and China Harbour Engineering Company (CHEC). It is noteworthy to mention that BI was one of the first Sri Lankan companies to invest in Port City Colombo and to date, is currently the largest investor. Browns Investment PLC has invested in six land plots, of which this development includes four plots in the Marina District. “As the first developer in Colombo Port City, Browns Investments PLC takes immense pride in spearheading this groundbreaking initiative. This project aligns seamlessly with BI’s commitment to pioneering ventures that transform industries and contribute to the nation’s economic progress,” said Mr. Ishara Nanayakkara, Chairman, Brown and Company PLC and Deputy Chairman, LOLC Holdings PLC. He added, “The Marina Development represents a unique opportunity to redefine the luxury tourism landscape in South Asia. Located at the crossroads of international maritime routes, Sri Lanka is ideally positioned to become a hub for luxury yachting. This development will not only elevate the country’s appeal as a premium travel destination but also symbolise the island’s resilience and ambition to rise as a global contender in the tourism and maritime industries.” Spanning a total land area of 33,776 sqm, the Marina Development will feature state-of-the-art facilities, including sunset bars, seaside restaurants, retail outlets, and entertainment spaces, creating a vibrant and sophisticated environment for visitors. Designed to cater to a global clientele, the Marina will offer berthing space for up to 200 mid-to-large-sized vessels, filling a critical infrastructure gap in the region. “With a total investment of USD 120 million, the Marina Development is slated for completion by 2027,” said Mr. Kapila Jayawardena, Group Managing Director/CEO LOLC Holdings PLC. “This project underscores Sri Lanka’s potential to lead in luxury tourism while stimulating significant economic activity and positioning Colombo as a hub for maritime excellence.” Capitalising on Sri Lanka’s natural beauty, historical significance, and strategic location, the Marina Development will establish the island as a crucial stopover for yachts traveling between the Red Sea, the Maldives, and the Far East. Sri Lanka’s year-round favourable climate and proximity to key maritime routes makes it an attractive alternative to regional peers. Furthermore, the development addresses an untapped market opportunity by catering to the growing number of high-net-worth individuals in neighbouring India, who represent an expanding segment for luxury maritime services. “The groundbreaking of the Marina Development at Colombo Port City marks a significant milestone for Sri Lanka’s maritime tourism industry,” stated Harsha Amarasekera, Chairman of the Colombo Port City Economic Commission. “This project positions Sri Lanka to become a leading destination for luxury yachting in South Asia, attracting high-net-worth individuals and making a substantial contribution to the nation’s economic growth. The Colombo Port City Economic Commission is proud to support this project and eagerly anticipates witnessing its transformative impact on Sri Lanka’s tourism and maritime sectors. We are confident that this development will significantly contribute to establishing Colombo Port City as a regional business hub.” As Sri Lanka targets 3 million tourists and USD 5 billion in revenue by 2025, the Marina Development at Port City Colombo is another significant step towards realising the vision of establishing Sri Lanka as the preferred destination for luxury tourism in South Asia. Beyond its tourism appeal, the project is expected to create thousands of direct and indirect jobs, attract foreign investment, and strengthen Sri Lanka’s position on the global map. To learn more about leisure development and investment opportunities at Port City Colombo, visit www.portcitycolombo.lk. For information on Single Window Investment Facilitation and regulatory matters, please visit www.portcitycolombo.gov.lk. Groundbreaking of Marina Development at Port City Colombo Official announcement of construction Mr. Harsha Amaresekera, Chairman, the Colombo Port City Economic Commission Mr. Kapila Jayawardena, Group Managing Director, CEO LOLC Holdings PLC Hon. Vijitha Herath, Minister of Foreign Affairs, Foreign Employment & Tourism

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China’s first energy law adopted by the Standing Committee of the 14th National People’s Congress in November 2024 is effective from 1^st January 2025. Analysts believe that this is an unprecedented step to modernize China’s energy management. This law shall manage the energy sector establishing institutional frameworks for green & low carbon energy transition ushering energy for economic development. President AKD should direct his team to study below during the official visit to energize Sri Lankan economy. The new law;

Advances energy consumption revolution & fosters the green, low carbon consumption model.
Introduces the minimum target share system of renewable energy consumption.
Legalize the green certificate recognizing the environmental attributes & offers effective market incentives for individuals & enterprises to prioritize purchasing & using clean energy.
Drives energy technology innovation for core competitiveness of key industries.
Establishes institutional guarantees for technological innovation in the energy sector driven by enterprises & market demand.
Is expected to foster synergy between industries, universities & research institutes.
Sets direction for the efficient use of fossil fuels, large application of renewable energy, energy storage & hydrogen as a fuel.
Proposes improving financial & government procurement policies to encourage private sector capital inputs.
Is expected to make Green energy consumption a norm (Ref Media).

Due to adopting clean energy policies from time to time more clean energy production & electric vehicles are seen on the roads in Sri Lanka. With timely new laws promoting clean energy, Sri Lanka may easily go to the level of using low altitude electric vehicles such as the RX4E for economic development. Electric aircraft RX4E China’s internally developed 4 seat electric aircraft RX4E became the first electric aircraft to obtain type certification. RX4E is the first fully electric aircraft designed under Chinese civil aviation regulations & has a wingspan of 13.5 M & is 8.4 M long. Powered by a lithium battery (70 kWh) it has a maximum takeoff weight of 1260 KG. The RX4E has so far achieved a maximum flight time of 90 minutes with zero emissions, low noise, reduced operational costs, high safety & reliability. It is anticipated to serve in pilot training, sightseeing, experiential flying, aerial photography & aviation surveying (Ref. CAAC). Similar applications may help more internal connectivity & micro economic development in Sri Lanka ultimately preventing internal conflicts while improving quality of life. Tibet is also China Tibet Autonomous Region which recently suffered a strong earthquake has been part of Great China historically. As part of the Belt & Road Initiative many US based Beer manufacturers have also invested in Tibet due to its clean water resources. It is the only region in China where the central government is funding free education for most number of years. Tibetan statistics indicate that quality of life including life expectancy have significantly increased after the Peoples Liberation Army established control in 1959 (during the same time when the Indian Army took Goa from Portugal). The Sri Lankan government recently renewed its 1957 recognition of ‘One China’. Historically Sri Lanka worked with the Great Chinese Empire referred in ancient chronicles as ‘Maha Cheenaya’ (similar to ‘Maha Brithanya’). Though some say China isn’t a democracy in the 21^st century its only permanent member of the UN which practices ‘One Country – Many Systems’ method of government. Honk Kong returned to Chinese control in 1997 after a 99 year lease to the British. Macao leased to the Portuguese returned in 1999. Taiwan Island was part of the Chinese empire & its cultural & political bonds with the mainland are inseparable.

To do list for President AKD If President AKD can guide his officers during the China trip to learn more on above developments, it will help Sri Lanka to takeoff with; good emissions, loud noise, reduced operational costs, high safety & reliability opening Sri Lanka to the air spaces of the Belt & Road Initiative. The Chinese who have many cultural similarities to Sri Lankans & Indians may feel that any sincere attempt to develop a society for the good of its people would be blessed by Chinese god ‘Wei-Tuo’ (Bodhisathva Skanda) AKA ‘Kataragama Deviyo’ in Sri Lank & ‘Subrahmanya’ in India. (Views expressed are personal/ Photos: RX4E & ‘Wei-Tuo’ – source WWW).

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Huawei and the University of Hong Kong (HKU) jointly held a launch ceremony for “The University of Hong Kong & Huawei Global Smart Campus Network Showcase.” This marks a new milestone in their collaboration on developing smarter campus network connectivity and infrastructures. Both parties are committed to creating a global showcase for smart campus network innovation, which not only accelerates HKU’s digital and intelligent transformation, but also serves as an excellent reference and inspiration for more universities worldwide. Several key leaders from both parties attended the ceremony, including Flora Ng, Chief Information Officer and University Librarian at HKU; Wilson Kwok, Associate Director (CIO & Librarian Office) at HKU; Jason He, President of Huawei’s Global Enterprise Data Communication Marketing & Solution Sales Dept; Jim Bi, President of ICT Marketing & Solution Sales Dept of Huawei Hong Kong; Yury Yin, Vice President of Huawei’s Data Communications Product Line; Jackie Yu, Director of the Branding & Marketing Execution Dept, Huawei Enterprise Business. “As a world-class university, HKU is committed to providing the best teaching and research environment for global academic talent and promoting the integration of education and technology,” said Flora Ng in her welcome speech. “This year marks the 112th anniversary of the HKU Libraries, which has become a vital platform for global academic research over a century. With the growing diversity of teaching needs and accelerating digital transformation, building a smart campus is critical for providing high-quality educational services.” Ng added: “Moving forward, both parties will continue to work closely on smart networks and dive deeper into scenarios such as network security, intelligent Operations and Maintenance (O&M), and smart campus Internet of Things (IoT). Doing so will build a more secure, efficient, and intelligent education environment for the future, thereby driving the digital transformation of the education industry.” “Currently, education is rapidly integrating with digital technology. Huawei fully leverages its unmatched expertise and strengths in the ICT field to help HKU innovate in scientific research, teaching affairs, and management processes,” said Jason He, President of Global Enterprise Data Communication Marketing & Solution Sales Dept, Huawei, in his speech. “Specifically, Huawei’s high-quality 10 Gbps campus network solution powered by Wi-Fi 7 brings to HKU three types of experience upgrade: wireless experience upgrade, application experience upgrade, and O&M experience upgrade. This solution meets various campus scenario-specific needs while ensuring data security, ultimately delivering a fresh-new network experience.” Huawei and HKU jointly held the launch ceremony of “The University of Hong Kong & Huawei Global Smart Campus Network Showcase” Jason He, President of Global Enterprise Data Communication Marketing & Solution Sales Dept, Huawei, speaking at the launch Flora Ng, Chief Information Officer and University Librarian at HKU, giving a welcome speech

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Walkers Tours is thrilled to announce that they have been honoured with the Best Sustainable Practices in Specified Tourist Services award at the Sri Lanka Tourism Awards 2024. This prestigious recognition underscores the company’s unwavering dedication to sustainability within Sri Lanka’s tourism industry. This achievement is the result of years of hard work, innovation, and collaboration, starting with the launch of the first carbon-neutral vehicle fleet in 2012 and continuing with the integration of sustainable practices into every aspect of its operations. The company would like to extend its deepest gratitude to its employees, National Guides, Chauffeur Guides, Chauffeurs, suppliers, partners, and other stakeholders. Their unwavering support, trust, and belief in the company’s vision have been instrumental in reaching this milestone. Walkers Tours acknowledges and appreciates the crucial role each of the entities has played in their success. Walkers Tours mission is to create a resilient, sustainable tourism ecosystem. They are committed to training and empowering service providers and employees, equipping them with the knowledge and skills needed to lead in sustainable practices. By adopting cutting-edge technologies, the company has optimized efficiency, reduced costs, and significantly minimized our environmental footprint, proving that sustainability and innovation can go hand in hand. As leaders in sustainable tourism, Walkers Tours understands that its success is part of a larger movement. The company’s vision extends beyond our own operations, and it actively promotes collaboration alongside competition to advance sustainable tourism in Sri Lanka. The company believes that they can elevate the entire industry by working together, sharing knowledge, and fostering collective growth. Its ultimate goal is to inspire others in the sector, creating a shared commitment to sustainability that will ensure long-term prosperity for Sri Lanka’s tourism industry. Walkers Tours would thank everyone who has supported them on this remarkable journey. The company will continue to Travel Smart, Tread Lightly, and lead the way toward a brighter, more sustainable future for Sri Lanka’s tourism industry. Let this milestone remind us that sustainability is not just a goal but a continuous commitment to creating lasting, positive change. Photo Caption: Representatives of Walkers Tours receiving the Best Sustainable Practices in Specified Tourist Services Award.

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In a bold step towards sustainability, A. Baur & Co. (Pvt.) Ltd. is joining forces with Hayleys Solar to adopt a solar PV system on the rooftop of its iconic Colombo 01 corporate office. Renowned for its strong foundation in Sri Lankan agriculture as a leading supplier of fertilizer, plant protection, seeds, and animal health products, a reliable distributor of healthcare and consumer products and a trusted service provider in air services, education and tourism industry, Baurs is embracing solar power reaffirming its dedication to environmental stewardship. The new solar installation, boasting a capacity of 168.56 kWp, is set to cover more than 75% of the corporate office’s energy needs, generating an impressive 233,792 kWh annually. Notably, this initiative is expected to offset 170,622 kg of carbon emissions each year, contributing to the reduction of the company’s environmental footprint. Rolf Blaser, Managing Director/CEO of A. Baur & Co. (Pvt.) Ltd., expressed enthusiasm about the partnership: “Our collaboration with Hayleys Solar, a leader in the renewable energy sector, represents a significant milestone in our journey towards sustainable practices. By adopting solar power, we aim to boost our operational efficiency and make a positive contribution to society.” Baurs is advancing its sustainability journey through alignment with the United Nations Global Compact (UNGC) by integrating Sustainable Development Goals (SDGs) into every facet of its development. With its new solar project, Baurs will make a significant contribution to SDG indicator 7.2.1 by increasing the share of renewable energy in its total energy consumption – a crucial step in its path towards achieving net zero emissions. With a legacy spanning 127 years, Baurs is renowned for its reliability and commitment to socio-economic welfare. Employing over 800 staff across Sri Lanka, the company prioritises providing exceptional solutions while supporting the nation’s development, particularly in rural areas. Looking ahead, Baurs plans to further its investment in renewable energy by installing a 7 MW solar system across its warehouses and other facilities, solidifying its role as a pioneer in clean energy within Sri Lanka’s corporate sector. The project was completed in three weeks, ahead of the initial two-month schedule. The dynamic collaboration between Baurs and Hayleys Solar was crucial to achieving this timeline. Hasith Prematillake, Managing Director of Hayleys Fentons, commented on the partnership: “Partnering with Baurs, a respected and trusted brand, is a significant milestone for us as we continue to advance solar power solutions for businesses in Sri Lanka. We are proud to support Baurs in their transition to a more sustainable and cost-effective energy solution.” Roshane Perera, CEO of Hayleys Solar, added: “We are excited to work with Baurs on this impactful project. Our focus is on delivering innovative solar solutions that meet energy needs while contributing to a sustainable future. This partnership shows the incredible potential when industry leaders work together toward a shared goal.” Image Caption: Drone Images of the installation

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