News
Baurs’ iconic colonial corporate building at Fort celebrate 80 years
The iconic Baurs building situated at Upper Chatham Street in Fort, one of Colombo’s strong and longstanding corporate buildings of colonial times, celebrates 80 years with makeover in the reception and front office area to signify its Swiss values of being modern and dynamic but deeply rooted in its traditions.
This elegant, imposing structure and a well-known architectural landmark houses the Head Office of one of Sri Lanka’s leading diversified business group A. Baur & Company Ltd. Since its humble beginnings in 1897 by Swiss national Alfred Baur, the company’s philosophy, value systems and culture are deeply rooted in its Swiss heritage till today.
The Baurs complex, the first shock-proof building in Colombo completed in 1941 and securely located within the Navy Headquarters zone, has seen ten managing directors come and go, nine of whom were Swiss nationals with the most recent being a well-known Sri Lankan business personality, Lakshman Niyangoda who now serves as the company’s Non-Executive Chairman.
“This year marks a historic event in the Baurs journey as our building at Fort marks its 80th anniversary. The walls of this building have heard and witnessed all our plans, prayers and passion and we have a very emotional connection to it. The refurbishment done to the front arenas of the building giving it a modern outlook resembles our ambitious intentions to embrace the future whilst living up to our century-old Swiss values”, says Niyangoda.
Baurs’ distinctive reputation stands for its trust and reliability, quality, and innovation. The company’s bold approach has resulted in initiating many industry ‘firsts’ in Sri Lanka. Widely regarded as an industry pioneer, Baurs was the first company to focus on agriculture fertilizer since 1897.
Its track-record of being ‘first’ includes the usage the Sri Lankan railway for commercial transport of goods and sharing scientific knowledge and expertise with farmers in 1901, deploying tractors in agriculture in 1919 which marked the beginning of mechanization of agriculture, establishing the first fully-electrified tea factory in 1936, ending the malaria epidemic in the country in 1946, bringing Swiss Air to Sri Lanka, producing the first basmati rice in 1965, launching a biopesticide to controlling fall armyworm last year, and most recently initiating a Swiss apprentice model for the country’s hospitality education sector.
Its state-of-the-art fertilizer factory in Kelaniya is one of South Asia’s most advanced, fully automated plant. Throughout the years, Baurs has engaged in a full spectrum of import, export, distribution, and manufacturing, expanding from its core agri business to now include various other sectors such as healthcare, consumer, airlines, machinery, education amongst others.
The culture and values at Baurs are similar to that of its parent Genève-based Alfred et Eugénie Baurs foundation. Just like the foundation, Baurs continuously engages in numerous social responsible agendas in the infrastructure, knowledge, and training domains, with the view of uplifting communities and rural towns in Sri Lanka.
News
Rs 1. 3 bn yahapalana building deal under investigation
Several ex-Cabinet ministers questioned; Ranil, Sajith, too likely to be summoned
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has initiated an inquiry into the shifting of the Agriculture Ministry situated at Rajamalwatte, to a building belonging to the D. P. Jayasinghe Group of Companies, at Rajagiriya, during the Yahapalana government.
The building was rented for a five-year period at a cost of over Rs 1 bn by the yahapalana government within months after the then President Maithripala Sirisena declared opened the 10-storey building complex.
The CIABOC yesterday morning recorded former yahapalana minister Gayantha Karunatilleke’s statement in connection with the investigation. Later in the day, CIABOC recorded the statement of SJB General Secretary Ranjith Maddumabanadara. Earlier CIABOC summoned former ministers Thalatha Atukorale, Wajira Abeywardena and Lakshman Kiriella. At the time of the finalisation of the deal, KIriella was in the UNP.
Sources said that former PM and President Ranil Wickremesinghe, too, was likely to be questioned in this regard. Responding to The Island queries, sources pointed out even SJB leader Sajith Premadasa was expected to be questioned.
The then Speaker Karu Jayasuriya is on record as having said that the building was rented in keeping with a decision taken by the government and not Parliament.
The UNP-SLFP coalition shifted the Agriculture Ministry to accommodate 16 Sectoral Oversight Committees therein.
Although the government paid as much as Rs. 21.5 mn monthly rent to D.P.A. Jayasinghe Company, the Agriculture Ministry failed to move in for over a year. The then Agriculture Minister Duminda Dissanayake sought Cabinet approval on Dec 1, 2015 to rent the building.
According to inquiries conducted earlier by the Presidential Commission appointed to probe state sector corruption, the Agriculture Ministry sought Cabinet approval for a new building after the then Prime Minister Wickremesinghe submitted a cabinet proposal on 21 September, 2015, to use the Agriculture Ministry building for Parliament’s sectoral oversight committees.
PM Wickremesinghe’s Secretary Saman Ekanayake has told the Commission that public funds could have been saved if the several vacant floors of Suhurupaya belonging to the Defence Ministry had been made available to the Agriculture Ministry.
By Shamindra Ferdinando ✍️
News
SL Railways suffers staggering losses; more than 2/3 of rail tracks out of service
Railway sources said that the damages caused to railway tracks could be more than USD 300 mn.
According to UNDP Rapid Crisis Assessment Sri Lanka’s railroad system, over 278 km of railways were exposed to cyclone-related flooding, including 35 railroad bridges nationwide. This figure reflects flooding only, but other hazards (such as localised debris, landslides, or damage to a single bridge) can also disrupt operations, meaning that even relatively small obstructions can render long stretches of railway non-operational. Like road exposure, railway exposure limits mobility and the capacity of affected populations to access key services and infrastructure.
At the level of divisional secretariats, Colombo and Thimbirigasyaya in Colombo District, Ja Ela in Gampaha District, as well as Mannar Town and Nanaddan in Mannar District all registered over 10 km of exposed railways each.
Commissioner-General of Essential Services B.K. Prabath Chandrakeerthi is on record as having said that only 478 kilometers of Sri Lanka’s 1,593-km railway network were currently usable following extensive damage caused by the recent cyclone.
News
US, SL advancing free, open, and resilient Indo-Pacific region: Embassy
Under Secretary of State for Political Affairs Allison Hooker arrived in Colombo yesterday (11) to underscore US interest in defence, trade and maritime security in line with their Indo-Pacific strategy.
The US embassy here issued the following statement: “Under Secretary Hooker will meet with Sri Lankan counterparts to discuss a wide range of bilateral issues, focused on deepening economic and commercial ties, strengthening defence cooperation, and supporting Sri Lanka’s economic and maritime sovereignty.
The United States and Sri Lanka share a strong and enduring partnership rooted in our mutual commitment to regional security, economic growth, and prosperity for our peoples. Through close cooperation on defence, trade, and maritime security, we are working together to advance a free, open, and resilient Indo-Pacific region.
As we continue to build on our strategic partnership, the United States also stands with the people of Sri Lanka as they respond to the devastating impacts of Cyclone Ditwah. We remain committed to working together to address both immediate challenges and long-term opportunities for our two nations, reflecting our ongoing commitment to the U.S.-Sri Lanka partnership.”
-
News5 days agoOver 35,000 drug offenders nabbed in 36 days
-
Features3 days agoFinally, Mahinda Yapa sets the record straight
-
News4 days agoCyclone Ditwah leaves Sri Lanka’s biodiversity in ruins: Top scientist warns of unseen ecological disaster
-
Business7 days agoLOLC Finance Factoring powers business growth
-
News7 days agoCPC delegation meets JVP for talks on disaster response
-
News7 days agoA 6th Year Accolade: The Eternal Opulence of My Fair Lady
-
News5 days agoRising water level in Malwathu Oya triggers alert in Thanthirimale
-
Features6 days agoThe Catastrophic Impact of Tropical Cyclone Ditwah on Sri Lanka:
