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Hiran Cooray calls for practical operating model for ‘Wonders of Lanka’ durng the tourism lull

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One of the country’s top leisure industry personalities, Mr. Hiran Cooray, head of the Jetwing Group, has appealed to all concerned to utilize the time available before tourism returns to normalcy to pay attention to improving country’s hundreds of of natural and man-made wonders that have over the years not received the love and care they deserve.

‘The relevant authorities must utilize this time to prepare a practical model of of operating these sites once tourist arrivals return to expected numbers,” he has said in the annual report of Jetwing Lighthouse PLC, owners of the Geoffrey Bawa-built Lighthouse Hotel on a spectacular site near Galle.

“If these are not looked into, there will continue to be negative publicity and permanent damage to natural assets like Yala National Park and man-made cultural sites like Sigiriya,” he has said.

“As tourism will likely take a while to return to normalcy, there is an opportunity for us to strategically plan on how we will grow responsibly and sustainably,” Cooray said.

He has made the point that tourism has always had its ups and downs from the time his father, the late Herbert Cooray, entered the industry in 1973. But since the war ended in 2009, the industry had enjoyed continuous growth which had led to their own expansion including investments made by Lighthouse in the recent past.

Reviewing the year ended Mar. 31, 2009, Cooray said that having survived a difficult year, “we are now faced with an even more challenging year, the like of which had not been seen during Jetwing’s history.

They had begun the year with a lot of optimism and hoped to obtain better results following the upgrades made to the property during the year. But these were belied by the Easter bomb which exploded three weeks into the financial year. As they gradually got on to their feet after some months of hardship, and was heading for a quick recovery when the whole world was shaken by the Covid pandemic.

The company ended the year under review with a loss of Rs. 96.3 million, down from the previous year’s profit of Rs. 102.6 million. They are holding back on planned renovations on which they had invested about Rs. 200 million last year.

A new swimming pool overlooking the Indian Ocean for which all approval had been received was part of the plan that was expected to help position Lighthouse as the premier hotel on the South coast.

The directors’ report indicated changes in directors’ shareholdings with Mrs. AMJ Cooray gifting her holding of over 1.2 million shares equally to her son, Hiran Cooray and daughter, Shiromal Cooray who run Jetwing.

Lighthouse has a stated capital of Rs. 460 million and reserves of Rs. 2.4 billion together with retained earnings of Rs. 332.1 million in its books. Total assets ran at Rs. 3.84 billion and total liabilities at Rs. 644.2 million.

Jetwing Hotel Management Services with 41.24% of Lighthouse is the major shareholder, followed by Mercantile Investments (16.82%), EPF (11.05%) and the Bank of Ceylon (9.73%). Ms. Shiromal Cooray and Mr. Hiran Cooray are the biggest individual shareholders.

The directors of the company are: Messrs. Hiran Cooray (Chairman) RAE Samarasinghe (MD), Ms. Shiromal Cooray, N. Wadugodapitiya, CSR Anotony, Ranil de Silva, EPA Cooray, Ms. AM Ondaatjie, Dr. C. Pathiraja, T. Nadesan and ATP Edirisinghe.



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From Mt. Fuji to Sri Pada: Lessons from a father-son climb

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by SK Samaranayake

For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.

Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.

“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.

Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.

The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.

Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.

“Reaching the top was an achievement. Returning safely was success,” Gunasena said.

The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.

Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.

He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.

For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.

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FLIR, Marlbo promote smarter industrial maintenance

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Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.

The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.

Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.

FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.

Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.

The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.

Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.

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Lumbini Tea Valley wins intl award for Singharaja Wirytips

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Chaminda Jayawardana receiving the award

Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.

The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.

Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.

Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.

Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.

The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.

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