Business
lolc General Insurance and Stafford Motors sign mou to provide better services for Honda vehicle owners
LOLC General Insurance (LOLC GI), the fastest growing Motor Insurer of the country has announced a strategic tie-up with Stafford Motor Company (Stafford Motors), the sole agent for Honda vehicles in Sri Lanka. The two companies signed a memorandum of understanding (MOU) recently, to formalize their collaboration. Under the agreement, LOLC GI customers who have a full insurance cover for their Honda vehicles will be able to have collision repairs done at Stafford Motors without having to pay for brand-new body parts. LOLC GI will pay the full amount without any deductions, according to the agent’s recommendation. This ensures customers get access to high quality and genuine body parts at no additional cost.
The collaboration between LOLC GI and Stafford Motors will also enable customers to access quality repairs and services without any hassle and delays to get their vehicles back. Additionally, LOLC GI customers are entitled to a 10% discount on vehicle grooming services and a 10% on labour, and a 12% on parts discount for general repairs and services.
Speaking at the signing ceremony, officials from both companies expressed their enthusiasm about the partnership. “We are thrilled to be partnering with Stafford Motors,” said Mr. Kithsiri Gunawardena, Director/CEO of LOLC General Insurance. He also mentioned; “this partnership will undoubtedly be beneficial for the vehicle owners providing easy access to quality repair services and generous discounts. Honda customers can now enjoy a hassle-free experience when it comes to collision repairs and general maintenance services. We are confident that this partnership will be a success”.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
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.
Business
FLIR, Marlbo promote smarter industrial maintenance
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.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
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.
-
News6 days agoMissing doctor’s body found in Mahiyanganaya
-
News6 days agoAustralia declines to release Finance Secy Suriyapperuma’s citizenship details
-
News3 days agoEight politicians in drug kingpin probe
-
News6 days ago22A: BASL suggests CJ recuse himself from hearing petitions
-
Editorial7 days agoGovts. drag feet as undergrads age
-
Business3 days agoSri Lanka opens up: A new season of direct connectivity
-
Features5 days agoInsights from Chieftains of Uva: Genealogy of two Kandyan Families – Part II
-
Features3 days agoRedefining ageing in Sri Lanka
