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Baurs celebrates 125 years of revolutionary progress

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A. Baur & Co. (Pvt) Ltd, also widely known as Baurs, a name synonymous with bringing about transformational innovation across various industry sectors in the country whilst continuing to instill its Swiss traditions and values, this year marks a significant milestone as it celebrates 125 years of revolutionary growth and progress.

Since its humble beginnings in 1897 as the first fertilizer company, Baurs today is a diversified business group with a distinctive reputation not just in its core agriculture business but also healthcare, consumer, airlines, machinery, and education segments. Its rich history also hints that the company has witnessed and evolved with the agricultural, industrial and now the knowledge era.

Baurs continue to emerge stronger, embracing contemporary challenges that not just maintains its status quo but giving a new face to the organization to proactively stay ahead of times, together with its people-centric culture that embraces diversity and inclusion, and the many socially responsible agendas especially among children. Its track record of being an industry first goes without saying.

From pioneering manures and fertilizers since its inception, building the country’s first ever industrial rail in 1901, deploying the first tractor used in agriculture in 1919, establishing the first fully electrified tea factory in 1936 through to ending the malaria epidemic in Sri Lanka during 1946, bringing Swiss Air to Sri Lanka, producing the nation’s first basmati rice in 1975, registering the first biopesticide in 2020 to eradicate and control fall army worm, and last year launching the first Swiss apprenticeship model in the hospitality sector together with the world’s first and number one hospitality management school, Ecole hôtelière de Lausanne.

Rolf Blaser, CEO of A. Baur & Co. (Pvt) Ltd, commenting on the anniversary, said ‘We pay tribute to each and every individual for making Baurs a success over the past 125 years, especially to our prescient founder Alfred Baur who had a visionary leadership with core beliefs centered around the benefit of this nation and these are deeply rooted in our foundation and values today. We have strengthened our resilience and responsiveness and look forward to taking on the many challenges and possibilities to continuously expand our horizons.’

As a leader, Baurs indulges in various knowledge-sharing and thought-leadership initiatives, through a combination of sound professional and scientific advice. During the latter half of last year, Baurs contracted and engaged two globally renowned research institutions in organic agriculture and brought down key experts to Sri Lanka for a comprehensive study tour with the view on how best to take on the fertilizer challenge. Baurs is now further exploring the preliminary research and findings with experts, including constant dialogue across all key stakeholders and participants, both industry and academia.

The company stands strong in its founding agri business, and undoubtedly possesses one of the most advanced high-tech fertilizer factories probably in the entire South Asia region. Digital transformation efforts are also underway for its Consumer Division with the view of bringing increased efficiency and transparency across its entire supply chain including business partners. The company’s growing relationships and longstanding partners are a testament to the core pillars of Baurs, namely trust, reliability, quality, and innovation.

Its Healthcare Division is exhibiting a significant growth over the years, and today has evolved to be the second largest pharma importer in Sri Lanka representing a majority of the top 10 global leaders in pharmaceutical, surgical & diagnostic, nutraceuticals, cosmeceuticals, herbal and ayurvedic. This is a testament to the world-class compliance and performance of Baurs that enabled meet their respective standards and requirements. Baurs is also pleased to highlight that its first ever healthcare supplier is still with the company till date.

Sustainability is a key priority at Baurs, and this is not just in the numerous responsible innovations spurred throughout its journey but also in the principles and values instilled in its people. During the beginning of last year, Baurs committed to the UN Global Compact (UNGC) initiative in the areas of human rights, labour, the environment and anti-corruption, in addition to pursuing the 17 Sustainable Development Goals (SDGs).



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‘ComBank ends Q1 as first private sector banking group on the cusp of Rs 3 Tn. assets milestone’

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Commercial Bank Chairman Sharhan Muhseen & Managing Director and CEO Sanath Manatunge

The Commercial Bank of Ceylon Group has made a characteristically strong start to 2025, recording healthy profit and balance sheet growth in the first quarter of the year.

Comprising of Sri Lanka’s largest private sector bank, its subsidiaries and an associate, the Group reported in a filing with the Colombo Stock Exchange (CSE) that assets reached Rs 2.999 trillion as at 31st March 2025.

Gross income for the quarter grew by 9.85% to Rs 88.10 billion, while interest income improved by 3.14% to Rs 72.60 billion. Interest expenses reduced by 10.09% to Rs 38.38 billion as a result of repricing of liabilities amidst the lower rates regime that prevailed, generating a 23.53% growth in net interest income, which amounted to Rs 34.21 billion for the three months reviewed.

Total operating income grew by 33.40% to Rs 46.62 billion, but the Group’s provision for impairment charges and other losses was increased by 110.44% to Rs 7.23 billion with additional provisions made on a prudential basis for individually-significant customers, which resulted in an improvement in the Bank’s impaired loans (Stage 3) ratio.

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Intrepid in collaboration with MDF hosts an empowering workshop

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Seen here are the participants of the workshop along with the Intrepid and MDF team

Building on the momentum of its groundbreaking “Women in Tourism” initiative, Intrepid Travel Colombo, in collaboration with the Market Development Facility (MDF) and the Sri Lanka Tourism Development Authority (SLTDA), successfully conducted another impactful workshop—this time focusing on women business owners in the tourism sector.

Held in Kandy on Saturday, 5th April, the session brought together 15 dynamic female business owners from the Central Province with a shared passion for responsible tourism and sustainable business. The workshop forms part of Intrepid’s ongoing commitment to advancing gender equality and empowering women across the tourism value chain in Sri Lanka and follows the inaugural training program held in September last year which targeted aspiring female tour leaders.

This insightful session was tailored to uplift and support women who are already leading or managing businesses within the tourism ecosystem, and hailing from the Central Province.

“This was an impactful day of learning, sharing, and growing together,” said Poornaka Delpachitra, Country GM of Intrepid. “Our focus this time was on women business owners—those who are already shaping Sri Lanka’s tourism industry in meaningful ways but often face unique challenges in accessing resources, networks, and recognition. By creating a space for peer connection, leadership development, and shared learning, we’re investing in a stronger, more inclusive tourism sector.”

The training session was designed to strengthen key leadership and entrepreneurial skills such as business strategy, confidence-building, marketing, and innovation in sustainable tourism. It also provided participants with valuable networking opportunities and a sense of solidarity, reinforcing the message that women are not alone in their journeys.

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Kushan Samararatne takes the helm at Colombo Coffee Company

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Kushan Samararatne , Chief Executive Officer

Colombo Coffee Company, the largest total coffee solutions provider in Sri Lanka’s and a fully-owned subsidiary of the world’s largest Ceylon Tea exporter Akbar Brothers, has appointed Kushan Samararatne as the Chief Executive Officer.

With a career marked by strategic foresight, operational excellence, and transformational leadership, Kushan brings a wealth of experience and innovation to his new role. As General Manager, he led Colombo Coffee Company to unprecedented heights during his tenure.

Kushan’s impact at Colombo Coffee Company extended far beyond financial metrics. Under his dynamic leadership, the company successfully established its first in-house production unit, developed many local coffee blends, and launched roasting operations, making significant strides toward vertical integration and value creation. His deep commitment to quality was further evidenced by the company aligning its operations with Lavazza’s international standards – reinforcing Colombo Coffee Company’s reputation for excellence in every aspect of its operations.

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